The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-31
UP AND DOWN
Alternate Strength and Depression
In Wall Street.
MARKET CLOSED FIRM
PRICES AVERAGED HIGHER
THAN ON SATURDAY.
Total Dealings Exceeded a Million
Shares-Money Continues Abund-
ant and Cheap-Favorable Reports
On Railway neutrality-suspicious.
al Advances In Some Stocks.

New York, Jan. SO.-The movement of
stock prices today was extremely vari-
able and after alternate strength and de-
preston, the market left off firm, with
mixed changes averaging above Satur-
days fnal quotations. The supply of
money continued abundant, at reason
able rates, and was unaffected by Feb
ruary dividend and interest requirements
Gold to the amount OF Soio,OyV was en-
gagged for import, and cable adVices were
mat three and half million dollars OF
gold had been purchased IN London for
America. The periodical railway earn
1ngS reports that appeared were SfatlIy-
ing The volume OF business was again
over a million shares and because of the
continued activity OF the market, num-
Der of commission house employees
worked in SHIFTS London was buyer
on balance today, particularly OF North
ern Pacific and Readings, and sold Union
Pacific and LouisviileS- There was con-
siderable shifting of commission house
accounts from one stock TO another, with
a preponderance of buying orders which
for a time more than onset the attacks
of the redctioniSts. Sugar was actively
traded in and lifted on some rumored ar
rangement with the Glucose Sugar Rehn-
ing company. AT the same time there
We're deniaiS from various sources of
prospective agreement with local rival
companies. Disclosures made by the
Pittsburg, Cincinnati, Chicago and ST.
Louis minority interest We're construed as
in the stock, part of which was lost on
realizing. Gossip had it that Northern
Pacific was in control of the party IN
favor of larger dividends and that the
stock was receiving pool support. Uncon-
firmed stories of the likelihood of the
resignation of the president of the Cleve-
land. Cincinnati, Chicago < st. Louis
weakened that stock somewhat ConSol-
idated Gas jumped points on assertions
that a partial union of the gas interests
on Manhattan island had been effected.
he al IN n
Tennessee Coal * Iron preferred, 10;
Great Northern preferred, IA, and Colo
RADIO Fuel * Iron, >. RealiZatiOns and
new bear aSgresSiOnS brought about
heaviness, bu. strength in the specialties
and the southwestern group Steadied the
market, which resumed its upward
course The grangers, after periods Of in
activity. rose moderately. Western
Union and Reading issues were also lift
ed. Proht-taking again encouraged
smart raid on values, effecting numerous
declines. General recOVeries ensued in
the final dealings, and the market closed
firm.
The bond market developed considerable
irreSularitY today. but the variations for
the most part We're unimpOrtant outside
of Texas Pacific Ends and St. Louis South
western 2nds. Total sales, $6,2S5. COO
United States 5s registered declined Is
and United States IS coupon Il in the bid
price.
Total sales of stocks today were 100000
shares including: 1855 AtchisOn. $500
L 800 Burlington. $500 Great Northern
preferred 22,2l5 l.. q N. IS, 325 Manhattan.
6.555 Metropolitan Street Railway. BIO
Reading preferred, 1900 Missouri Pacific,
1880 M, X & 7. preferred. 4,12S n. Y.
Central. $3.50 Northern Pacific, 9.755
Northern Pacific preferred, $50 Rock
Island. % 400 St. l.. < s. " 2nd preferred
% go Union Paeihc T. % onion Pacific
preferred, 39.2u st. Paul, Il, $50 Southern
Pacific. 1I,2D Southern, O.9S5 Southern
preferred, 1905 Texas & Pacific, S5S3 Pa
per. 27,100 Cotton Oil. $500 American
Spirits, Sl120 Steel. $3.50 Steel preferred.
1880 Peoples Gas, $500 Brooklyn
Transit, PISS Pacific Mail $500 Sugar.
Is go Tennessee Coal & Iron, 4750 Leather
preferred, 1000 Rubber, 7,467 Western
Union. 1922 St. L. & 5. W., % 079 St. l..
q 5. W. preferred, 1865 Chicago * Great
Western.