The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-09-23
Recuperative Tendency In New
York Gains Decided Force.
TODAY'S BANK STATEMENT
SPECTATORS INCLINED TO
LOOK FOR FAVORABLE ONE.
General Market Closed Yesterday
Steady Under Sustaining Infiu-
ence-Notable Demand Springs
Up For Railroads-Heavy Buying
Of Southern Pacific.

New York, Sept. 22AThe recupeTative
tendency Of the stock market gained de-
cided force during the progress of aoday's
trading. The uneasiness abroad was an
element at the opening and changes were
small and irregular and the tone of the
speculation hesitating. Anaconda was
notably affected by disappointment of
British holders over the amount Of the
dividend and dropped nearly points from
yesterdays closing level here. The pres
sure against American Tobacco was also
in evidence and Brooklyn Transit had
struggle TO overcome its opening decline.
The latter eventually moved upward ana
though il fell once again below last
night level lis ADVANCING tendency atlSr-
ward was stimulating influence on the
market throughout the day. Inc stocks
of New York City corporations showed
close sympathy With the movement IN
Brooklyn Transit ana many rumors were
prevalent to account -Jr the movement
pointing TO plan of unity for the con-
troll of all public utilities in the greater
city of New York. The fact that inter-
ests which have been in conflict IN tue
local gas war are more or less identifled
with the various traction companies gaze
color to the rumor- Net gains in THIS
group. including Manhattan, Metropolitan
Street Railway. Brooklyn Transit. Con-
solidated Gas and Brooklyn Union Gas.
ranged from IA 10 points,.
The movement in the specialties was
most conspicuous throughout the day, but
a rather notable cemand spraEg up Tor
che railroads, attracted by sudden rise
in Omaha of n. in Northwest of 4 ana in
New York Central of III; these gains We're
NOT maintained but there was notable
buying all day of Southern Pacific aiiu OF
The grangers. one or two OF the south
westerns advanced we'll Tie movement
in the railroads did not extend Tar OUTSIDE
these limits, except for some. obscure
stocks. Peoples Gas was strong An SYM
pathy with Brooklyn Transit anu there
were good advances in Sugar and Ten
nessee Coal. American Hoop ana Federal
Steel showed strength and pullman rose
an additional IL on rumors OF an extra
There was a very heavy demand in the
last hour for the leather stocks which
was a material factor III overcoming the
United States Leather common advanced
to l5ls and the preferred TO 1895, closing
at the top. The general market c-oseu
steady under this sustaining influence,
somewhat below the best. Speculative.
opinion was inclined to look for "A Iavor-
able bank statement tomorrow ana was
much cheered thereby.
The bond market was moderately active
ana prices advanced in sympathy Win
stocks, Total sales. par value. $l,aS, oeo;
United States old Is registered advanced
Is in the bid price.
Bond Quotations.
u. S. Is reg. .1OO% NJ. K. & T; 2nds 5olk
L. 5. IS reg. .l0Sqs NJ. X. q 7. As 9SIs
T. s. IS coup. -1OS$s N. Y. {. lsts--..lllA
L. S. new Is reg.lo0 n. J. {. gen. 5s..Izi12
COUP .'......1sO 81. p. .ss.-....... 66la
L. S old Is reg. HIS n. z. 4s......... .lO3@s
US. old As coup.ll5 n. y c. Il st. l..
L. 5. -reg.....lllA is ............-. .l0i4s
L. S. IS coup. .llls4 n. q ". con. Is 94hs
Dis. G 65s..1l7 n, q w. gen Is. l25
Atch ger 4s....l0Z54 ore. NAY lists .l15
Atch. adj is. S7ss Ore. Nav. 4s...- l02
Can. s znds.. 1882 0. ). l.. es......122
c. * O. 4izs...... 991s o. 5. L. con. 5s..1l3H
g x Q. os.......1lS14 Reading gen. IS. Sl14
c * n. con. 7s.l45 r. q. w. lists. 91s4
: & n. S. +. St l. * /. NJ
deb. 5s ...-...-l20 con. 5s.-........l12s4
Chi Term. is. 9ll2 st. l.. * S. Z.
D. & r. 6. lists .lJ6,e gen. 6s .........1245s
d. q r. G. As. $50 ST. p. cons.......lT344
L. T. Va. & Ga. ST. p. c. * p s.l2l
lists .....-....1 1895 / z. c. K 5s. III
Erie gen. 4s.... 701s So. Railway 5s...109
r W. q D. c. Is II s. r. & Z. 6s.... S3l5
Cen Elec 5s.1le IT. & p. lists. .1l4A
q. II. q 5. A. 6s.1lS II. x p 2nds---- Oh
G. II. & S. A. 2s.10S iU. p. 4s....-.-...1 1912
II 4 r {. IS. 1903 :. * S 4s....-..- A5l2
Il. & 7. c. con iWab. lsts....... .ll5lf
6s ..............lII iWab. 2nds........l 1904
Iowa c. lsts.....116 w. Shore 4s.....113
X {. p. a. u. Is 69l5 Wis. Cent lists. IS
L. & n uni. As. S9ls