The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-02-17
U. P. LIFTED TWO POINTS
BURLINGTON BOUGHT HEAVILY
BY BOSTON SPECTATORS.
Expectation That a Refunding Plan
Will Be Announced Shortly
Northern Pacific Was Down On
Diminished Earnings-Public Ex-
pected to Come Into Market Again

/ sought 10 BRING about n reaction, out
were dislodged from one position after
another and the movement became gen.
eral. In fact, the active stocks of i'm
portance that were exceptions to the rule
We're Tobacco and Northern Pacific, the
former suffering a loss OF Sls on the pros
| pect of increased competition, and the
latter with decrease in earnings report
/ ed yesterday for the second week in Feb
| ruary. which decrease was said to be
| due to storms. London bourses reversed
| their purchases on Northern Pacific ana
| bought more than they sold of 1t and
| other stocks. Burlington, which was
! extra dividend today, made an extreme
I advance Of IA on a large volume of trad
! ing. approximating 100000 shares The
buying of this stock was largely by
J houses having Boston connections. The
advance was stimulated by the statement
of a. prominent operator that he had pur-
chased largely in the belief that a re-
funding plan would be announced in
The influence of Burlington's strength
permeated the whole list, but more par
tieularly affected the other -grangers,
which We're benefited to the extent oil
point and over. Union Pacific was lifted
nearly points and the preferred a point,
while Central Pacific advanced per cent
on the report that an agreement had
been reached with the government COM
mission for settlement OF It's obllSa-
lions to the United States Metropolitan
Street railway and Third Avenue were
very strong, rising as and respectively.
Federal Steel was in the van of the
Flower stocks. In their rise. which be-
gan as the day drew 10 a close, the COM
mon advanced points and the preferred
Among the coalers. Reading first pre-
ferred and Jersey Central rose IL each.
International Paper and Sugar advanced
over points each. New York Central
and Northwestern. among the Wander
bits, were benefited about n point in the
rise, while Chicago. Cleveland, Cincinnati
q st. Louis left off with d gain of 1Ss.
The traders thought that the fractional
advance in London before the opening was
manipulated from this side They sold
freely on the idea that the effects of the
storm would result in lower prices at the
east temporarily Subsequently they COW
cred from time to time, as pronounced
strength appeared in the various stocks.
In the final dealings some stocks were
taken in expectation that the days adj
vance would bring the public into the
market in a day or two. The excess of
exports over imports for January, ap-
proXimating S570O0,O00, was something of
a sustaining factor, inasmuch as it was
taken to be an easy means of settling
for the large sales of American stocks for
foreign account in the past three weeks.
The healthful tone in stock speculation
received a considerable back log from
the confident purchases in the bond mar
ket- Central Georgia consols and Wiscon-
consin Central firsts led in point of ac-
tivity and strength. and important gains
were also chronicled elsewhere. Total
sales, s., 900. United States new As, the
old Is and the 5s declined Is in the bid
price.
The total sales of stocks today were
SLIGO shares, including Atchison. 5:li5;
Atchison preferred. 26.32O; Central Pacific,
30 $50: Burlington. 1875, 800; Manhattan, 5000;
Metropolitan, 1890; Reading, 1870; Mis-
souri, Pacific, Also; New York Central,
Pacific preferred. 1O,52O; Ontario &
Western, 1900; Pittsburg. 1900; Union
Pacific, $3.50; St. Paul, 21.92O; Southern
Pacific, 1890; Texas & Pacific, $500; I'm
ion Pacific preferred. 27S20; Paper, $3.50;
Tobacco. %, 800; Federal Steel, 2S,OGO; Fed
eral Steel preferred, 1880: Peoples Gas.
Transit, 3,216; Sugar, $3.50; Rubber, 4S3O.
BOND QUOTATIONS.
U. S 3s......... .1O63slN. P. 3s.......... 6S5s
= =. S; new Wis Is reg l2Sl4 T. p : q 1854
L. S. 4s...........1l27s' Nor. & w 6s....12S
U. 5. As COUP. .1l312 invest cons
7. s. 2nds...-... 80 INVEST debs 5s-.l22
7; 5: 5s coup en liz liz Q. Nay. 4s....lO2h
Atchison 4s.-.. .l0l7s o. S. l.. 5s [. r...111lE
Atchison adj. is. S3ls Reading 4s....... IS
Can. So. 2nds-.. HOE r. G. ". lists. 90
c. * O. 41as..... % St. l.. & L NJ.
Chi. Term. As. 957s con. 1903
{. II & ID. 4Iss. IOiss Gen. 1871
d. & r. G.. lists. 107 ST. p COn.......163
D. & r. G. As. .10ll4 St. P. C. & P.
East Tenn. lists. 1912 lists .........119
Erie Gen. Is. 1914 ST. p c. & p
f. w. & d. lists IS ....,..........122
Gen. :. Flee. 5s.. .1i5A Standard r. {; iO'''
G. II. & S. a. 6s.1O9 r. 6s.......... S6Ik
G; IL & S. A. TEX. Pac. L. C.
ends .......-....ll0 SITS .-........-...111H
II. & 7: c. 5s... .rO1s Tex. Pac. Reg.
II; l. q con. -, Ends ...-.--.---. , 59ss
Iowa G lists .lOS IL. p. d. & G.
P /: c N; q as. , gS w lists L. T
NJ. X. d T. Ends. ISL Wab. 2nds....... %
NJ X. & r. As. 945s w. Shore 4s.....112ls |
\. Y. c. 1sts-.. 1867 Wis. Cent. 1st.. 691s !
n. J. c 5s.--.-..u5 Colo. S. 4s....... 81
n. L. lists. 115
STOCK QUOTATIONS.
Atchison $500. 22asl Rock Island ...11Sas |
Preferred ...... 62$ st. l.. K S. F.. 12ss |
Bal. q Ohio. 20 Preferred 800. 73
Can. Pacific 80. sos Second pfd.-... Az |
Can. Southern. COZ St. l.. * 5. W.. 1912 |
Cent. Pacific ..- 5Sl4 Preferred ...... 303s !
Ches. & Ohio. 29ls st. 2. & o.. 1875 |
Chi. & Alton. 40 Preferred Ito |
G. B. & Q.-.-..--14H4 So. Pacific 800. 402s |
Chi. &. b. HIS. 81 So. Railway 80. Is
Preferred LII Preferred ----,- 500 |
G. G.. w.. 1872 Texas & Pac.... PISS |
Chi. Ind. & L.. 10 Union Pacific. 49, |;
Preferred .-.... "A Preferred $500. S15s |
c. & N. W....-.150ss L. p. d. & c.. 12l. |
Preferred ......191 Wabash ........ Sia ,
C. c. c. & st. i. sos Preferred $500. 233s !
Preferred ....-. 9S5al w. * L. E.. IFS "
Del. & Hudson. .11315 Preferred 5000 32It /
d. l. & Wills Adams Ex.----..11O
d. & r. c.. 22I5 American Ex....14O
Preferred 49,. az United States. "A
Erie new 49,. 14fsl Wells Fargo .125
Preferred ...... S77s Am. Cot. Oil ... 361s |
Fort Wayne Its Preferred $500. %
ct. n. pfd- .-...1S2 Am Spirits ---.. 1875 |
Hooking VAL. 3 Preferred ...... 36is /
Illinois Cent. .115&i Am. Tobacco ...134Ia |
Lake z. & W.. 20 Preferred ..-...1S3IA |
Preferred 900. o. Con Gas .3l6
Lake Shore .2001s Com. Cable Co. .1S5
Louis. & Nash. 65k Colo. f. q L.. 30
Manhattan LILIES Preferred ...... 20
Met. st. Ry......23Sis Gen. Electric. .111IA |
Mich. Central. lis Haw. Com. Co.. 20
NJ. q st. L.. 4fSs 3. r. t. Co... 934 |
Preferred ...... 9S Int PaDer $500. 62
Mo. Pacific 49,. 45Skl- Preferred $500. SOL
Mobile & Ohio. 601s Laclede Gas 80. 80
NJ. X. & t.. "A Lead ....-.--.-... 1864 |
Preferred ...... $3.50 Preferred ......11344 |
n. ]. Central. ..10iIa Fed. Steel. ....... 512s
N Y. Central. ..139 Preferred ...... SSLt
n. Y. c. & st. l.. IA Nat. Lin. OIL.
First pfd....... 50 Pacific Mall. 5lA
Second pfd.... "a Peoples Cas-. 1l3L |
Nor. Vest. 1S1s Pullman Pal. 80. 1891
No. Am. Co... So Silver Cert. 59lh
No. Pacific 49,. 54Ss Standard R. &
Preferred ...... 1873 T. .............. 113s
Ontario & W.. 221sl Sugar ..-......... 1891
o. r. & NJ. AZ Preferred -.....113Is
O. s I.......... 42iAlT. G. e, I....-.... 49, |
Pacific Coast LIST L. S. Leather e.
Second pfd..... GO Preferred ...... 71Y
Second pfd..... 63 L. S. Rubber. 535s
Pittshurg ....... $50. Preferred ......117
Reading ......... % Western Union. 945s
First Dfd...-... CPS Ore. Nav pfd... ~
r. C W.. 81 Pacific oCast.. IS
Preferred 49,. "a Colo Southern.
St. Paul .........12IAl First pfd.----.. 53is
Preferred ......169 Second pfd..... 20
NEW YORK MINING STOCKS.
Chollar .......... 81 Ontario .....-.... 70
Crown POint..... SOphir .--....-.... %
c. c. & Va...... 1 80 Plymouth ...... 10
....... 45Quicksilver 49,. 90
Gould & Curry. 81 Preferred ...... 90