The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-03-04
LOAN RATES HIGHER
Ten Millions Needed For the Baking
Powder Combine.
STOCKS WERE HIGHER
GENERAL ADVANCE WITH MOD
ERATE VOLUME OF BUSINESS.
Short Interests Were Inclined to
Cover-Tobacco Worked Up On the
Belief That it Now Has a Trade
Monopoly-Chicago & Alton Deal
Helped Situation.

New York, March 3.-Stock dealings
were in moderate volume today, which in
duced sharp net gains generally, with a
firm undertone prevailing at the close.
Then realizing, which appeared yesterday,
continued but a short time, and the mar
ket Quilted down, with an appearance in
many stocks of 4 hardening tendency.
Traders were inclined to cover to some
extent on the appearance of some So
called good buying, which encouraged en-
deavors for the long account. Brooklyn
Transit and ST. Louis Southwestern pre-
ferred were strong and there were num-
Der of advances among the specialties,
including Consolidated Gas. Metropolitan,
General Electric. American Tin Plate and
Tobacco. The upward manipulation of
the latter stock. which reached l9l. on
the theory that il would have a monopoly
of the trade by its acquisition of the
Union Tobacco company. The success of
the Chicago & Alton was the subject of
favorable comment because of the bene-
fetal effect on the railroad situation.
which it WAS assumed would result from
Out-of-town housese were purchasers,
except those in the west, which bought and
sold. Arbitrage houses disposed of some
10000 shares, a portion of which they re-
purchased. delay in cable service had
a restricting effect upon the arbitrage
business. While there was little activ-
fly on the part of commission houses, the
bulk of the days operations appeared to
be professional. Some room traders fam
cied that from the nature of the dealings
interests which had recently marketed
large lines of Burlington and AtchiSon
preferred repurchased some OF their form
er holdings.
scribers to the new baking powder com
bination carried the loaning rate of call
money sharply upward, small AMOUNT
being loaned as high as Az per cent This
circumstance was reflected in the verx
weak sterling market
Some irregularity occurred in today's
bond market which however did not inn
Dair the general undertone of firmness
Louisville, Evansville q St Louis 0s were
again the feature rising points and
sales, SS,SI5OOO q. s. SIS, new As and the
old As registered advanced Is in the bid
price.
$40, 800 shares, including 6.100 Atchison,
1881 Atchison preferred, SSH Central Pa
eific, 1880 Burlington, $500 Manhattan,
$50 Metropolitan, 1920 Reading pre-
ferred, 1850 Missopri Pacific. 800 NJ. X.
d T. preferred, u. 40 Northern Pacific.
$40 Northern Pacific preferred; l5,S $50 On
tario & Western, $500 Rock Island, 15,S9S
Union Pacific. 1910 St. Paul. 1880 South
ern Pacific $685. Southern preferred, SLAP
Texas & Pacific. l.515 Union Pacific pre-
ferred, 1920 Tobacco. 24,20O Steel, Is, s25
Steel preferred. $3.50 Peoples Gas, 4,525
Consolidated Gas, GAO General ELECTRIC:
% ESQ Brooklyn Transit, 1850 Lead, 1865
Pacific Mail, 24.520 Sugar, $3.50 T. G & l.,
l.ElD fuDDtT. losJ@e 81 l.. q -. " - PAS-
ferred, 3lS5 c. G. w.
BOSTON QUOTATIONS.
u. S. IS ....1O79s n. Y. Cent. 1sts.l5l5
L; S. n. As. reg. 1875 \. J; c; 5s -. 411s
u Do coup % :1Is Nor Or { W
Do; DDS ....... 9siA invest; cons .i i5s
L. s. IS reg. .l1S1e Do: deb 5s .-l@
Do. IS coup ...11212 o. Nav. 1sts....1n
District 3 65s LIP o. Nav. As .....le2
Atchison IS ..-..10l34 Q. S. L. Is. |. r.l2S!a
Do adj. Is -. SSle o. S. j.. 5s, L r.1l0l2
Can. So. IDS ....109 Reading As 80. &%
Chi. Term Is :. IS ST. L. & Ir. NJ.
c. & Ohio IS ...11S14 Con. IS 49,. -llol3
c. H * D. ABS. 1049s St. l.. * San +.
D. q r. G. 1sts.10S1sl Gen. 6s $3.50. l23A
ID. & r G. As .lOOls ST. p. Con. .....lG
East Tenn. lists. 104s4 St. 2. c. & 2.
Erie Gen. As -. 72isl lists =. .l22112
+. w. & d. lists, Do; as .-.-->.-II22zz,
Gen Elec. SIS. .l121a Standard Rope
G. II. & S. "A. 6s.1O9 & Irvine SIS =. STE
Do. Ids lilo Tex. Pac. l.. g.
II. & T. c. 5s ..-l09 lists .;,;...1lS-
Do. con. 6s ....1l1k Do. Rg. DDS. 52B
Iva c. ....1O7 Union Pac- As. .10412
Pac. Con IS LIE q. p. d. & G.
L. & n. Uni.- As. 94s4 lists ........ 90
N. X. & T. eds. 677s Wab. 1st IS ....ll9
No. Pac lists. .115 W. Shore As. If.
Do. IS ---.--.. 6Sls Wis. Cent. lists ~
Do. As .lO2% Colo. South. As. S%
NEW YORK CLOSING STOCKS.
A l. 4 >.
Preferred ..... 622s First pfd -. M
Bait. * Ohio -. 7ole Second pfd -. 3s12
Can. Pac. 49,. S9%4 St. L. & 5. W.. 9A
Can. South. 49,. 57l2 Preferred ..... IS
Cent Pac $50. 49l2 ST. Paul ........12S9s
Ches & Ohio -. IA Preferred .....169
Chi & Alton LIP st. p. & ON 92l2
Chi. b. * q. III Preferred ITO
Chi. E. Ill.,. 81 So. Pac. ........ "a
Preferred .....l21 So Railway -. 12l4
Chi G. W. ..... l5i5 Preferred 49,. 49,
Chi Ind * L.. y Tex. Il Pac. .... 2415
Preferred 49,. AIS Union Pac. 1915
Chi. & y. W. ..147ss Preferred ....- 49,
Preferred ...l92l., e. P. d. & c.. u
Preferred 80. q Preferred -. e-2l3.
Del. a. Hudson. .llll5I Wheel & l.. E.. il
Del. l.. & W....151l4i Preferred 49,. 80
d & r. q. -. - Adams EX. ZIP
Preferred -. IS American Elk. - 39ls
Erie new 800 Il United States. 90
First pfd 80. SsIs Wells Fargo -..l25
Fl. Wayne Ills a. Cot. Oh 49,. 34%4
Git Nor. pfd ...1Sa Preferred 80. 912
Hooking Val go 55si ANN Spirits -. 13l4
Illinois Cent. ...1l4l4i Preferred 49,. 3SA
Lake Erie & w. 1872 Am. Tobacco 1854
Preferred 800. Go Preferred .....l45
Lake Shore 100 Cons. Gas. .....2l514
Louis. & Nash. S4A Com. Cable Co. 1SO
Manhattan L. ..11ll4 Col. F. IL Iron... 1924
Met St Ry.....2S71al Preferred -. 81
Mich Cent. -....l13la Gen. Elec. lib
Mimi & St. L.. SO Haw. Com1 Co.. &c
First pfd $50. 90 Is. r. * c. 49,. az
No. Pac. $500. 45S& Int'n'l Paper =. 51i2
Mob. &, Ohio -. S752 Preferred 49,. So
Mo. i. d t.. Il Laclede Gas go. 5lai
PREFERRED aJ9s Leiu 500. ofE2
N ]. Cent. los Preferred .....112Sl
N. Y. Cent ....125 Nat. Lin. Oil -. 81
N Y. Chi. * St. pac. Mail ....... As
L. . .......... IA Peoples Gas ...ll2A
First pfd ...... So Pullman Pal. lbs
Second pfd go. 23 Silver Cert. $50. 59l5
Nor West go. Is Standard Rope
No. Amer. Co.. 955 & Irvine 9z
Preferred . ..... 70 Preferred liz
Ontario & w. =. 255s II. c. & Iron. 44ia
o. r. & n. go. 80 L. S. Leather :. 81.
.. s. J.. .......... 42lz Preferred 80. 70$s
Pac. Coast LIST l. S. Rubber. 495s
pfd . .......... 50 Preferred .....115l2
Second pfd -. g. Fed. Steel ...... 52ls
Pittsburg =. -. $50 Preferred 49,. 50
Reading =. ...-.. 22I4 Ore. Nav pfd.. 20
First pfd 49,, 62&4 Pac. Coast. 49,. a
r. G. ". ....... Sc Colo. South. 80. So
Preferred go. 75ls' First pfd ...... 80
Rock Island HTS Second pfd -. 20A
NEW YORK MINING STOCKS.
Cholar . 800. 40 Ontario 80. 49, IS
Crown Point -. % Ophir =. ....... / 90
Con. Cal. & Va. / 50 plymouth -. 10
Deadwood ....... a. Quicksilver $50. ! %
Gould q Curry. IS Preferred -. 90
Iomestake -. 30 90 Sierra New. -. l 30
Hale & Norcross 81 Standard e. 49,. 70
iron Silver 49,. 20 Union Con 49,. 60
Mexican :. 80. IS Yellow Jacket :. IS
SAN FRANCISCO MINING STOCKS.
San Francisco. March 3.-The official
closing quotations tor mining stocks to-
day were as follows:
Alta . ........ Justice - 1890. IS
Andes . ....... 20 Kentuck Con . 10
Belcher E. ...... 81 Mexican :. 80. "A
Benton Con. -. > Occidental Con-. %
Best d Belcher. SO ophir 80. 49,. / 05
49,.