Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-09-18
Wall Street Market Excited by
Tightooss Of Money
MUCH AGITATION TO-DAY,
Gloss OF the Market Qnietcns some q
Trouble In london Live stock
Market Nrak.

Sow York. Sept is-orlors Co sou
on 900 enormous scale 600 thn opening
were 100 evidence throughout tha Ist
Blocks 20 1000 ab1rUH and upwards W.la
the rule iu 600 stocks quoted Tho Iu.
lusir1H wrrH tho Hav,r..t aunsrgrat
Peoples gas. colorado iuHl American
tobacco. sugar. Metropolitan, brooklyn
transit. American steel nni wire. FUi-
orai steel and Tennessee coal dropping
t1 o. points. Tho railroads were not
such severe sufferers. but loo many eases
declines were over point Rock Island
lost 80 and southern preferred over o
points There WaH great excitement Doc
tho opening dealings ana speculative
sentiment was fairly domur1iizHd. Tho
tlEhiuCHH ~ the money market was ihH
motive Tor the selling Speculation
continued worry wild. but although There
was more activity, the unUrIuHH were lu
hundred share blocks Instead lf thou.
sands. as ut the start. THE market
backed ANA 1lloi uulrkIy Che WHIh
issues vibrating tu points Dn utINE
OF quick profits hy the nUBr# Many H.
thom got back 60 about thr IuNrHl
again. OthHrf hHl1 woll above ihg lowe
est Railways showed support iu HpuH
IuuuFy ruHH above saturday
Transit broke Co .4 but 90. other
Flower issues ruled about t point above
the lowest at The end Uf the hour The
rally ln short lutHIpHtH caused hale ull
tlnurd fryrrIah Violent liquidation Hut
loo 300 brooklyn transit which carried 10
swiftly downward un uNtrumv nine
points 60 10. other Sew York Wu-
nicipnl stocks Wmp1thzHl, MeUOpul.
tan falling uu vNtrUmu 1h. Manhattan
d. .H
dropped Go ia Iron ana steel stocks
were notably weak dropping from . Co
I points Steel and wire did not lose
but about half uf its fOur-u0Int rally.
The Flower stocks recovered the early
decline. H. Paul extended M decline tl
90. and there was almost uH Eiio fca-
turrH elsewhere Boo railroad values Tho
International stocks showed rather bet
tur resistance 20 values than tho gene
ural list There were quick rallies NJ u
point or upwards in the local market ON
bear recovery Al noon the bears were
resting ON their oars and the market
had HtcadlCd somewhat but was Htill
fDveriah
The bond market showed material de-
clincH iH spots. with the offerings ~ the
speculative issues very large.
heavy covering movement dDNtl-
opcd nftcr / O'Clock and prices advanced
Tor q time with much vlgur There were
uo lhEFufdH everything NOinN up strong
~ but fcyrrlHhly loc1ycrlva ranged
from 60 ~ points from the lowest
with Metropolitan Street Railway lead
lnE, The speclaltivF generally were the
best lulnorH, changes On some Instances
exceeded point There was q reaction.
however, metropolitan dropping 5h or
"a point below the previous low point
MONEY AND BONDS.
New York. Sept. is.-Mon.y ON call
strong nt and per cont Primo mer-
camille paper fAuaia per cont
Sterling exchange firm with actual
business ln bankers bills ut lsCut Tor
demand AMI ls2huai Tor 60 days,
Posted rates Asihutsiia; commercial
bills iNi4uLs2.
silver certificates 5g0A.
bar silver $50
Mexican dollars Inactive.
Government bonds ltrrgulnri - rcgg
iODAt Js reg. and coupon, lnsia; now a.
reg. and coupon, i2oal. Ola o. rvga
LIN; do coupon, ll3A ,ia rvg. and cOu-
pom, Lila,
SUGAR.
Sew York. Sept. ls=sugnr Raw
quiuts fnlr refining. 3H, centrifugal Q,
trHt. as. mnluses sugar ll-lb Re-
nncd. uuiHts crushed, o 1916. powdered
5h, gruuulatcd, $40.