Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-12-20
GAINS LARGELY REDUCED.
Declines in SpeciaIties and High Priced
Stocks
Features of the Day La Wall street
Market II Firm Lave Stock
Higher Produce Easy

New York. Dec 20--The principal ac-
tivity was in the Industrial specialues
az the opening of the market. Sugar
opened up an extreme "a on running
sales. showing quotations that varied
1&. Gains Of point or over were
made by Amalgamated Copper and
General Electric. In the railroad list
there was a heavy demand for North
ern Pacific at an advance Of %. There
was "a break Of points In Glucose on
first sales. Changes otherwise We're
fractional and uneyeuly divided be-
tween gains and losses. The market
became easy after the opening ana al
though a few stocks rose strongly, tnelr
gain was subsequently largely reduced
or entirely wiped out For instance
Illinois Central rose 90 1924 and fell
back to 1904. The largest declines We're
IN the specialtes and low priced stocks
which have recently been prominent
Amalgamated Copper General Electric
Brooklyn Transit, Lead preferred ana
Rubber preferred were l 70 li2 on
Sugar was feverish and vlbrated a
point frequently. The Granger Atchi-
sons. Pacihcs and Trunk lines were
under pressure
Toward II o'clock Peoples Gas was
lied. Some railroads rose buOyantly.
New York Air Brake rose 1lA. Rail-
road stocks came into new prominence
by enormous purchases of the Pacilics,
Missouri Pacific advancing 3% TO 65ss,
Northern Pacific 27s 10 as. and North
ern Pacific preferred 2k 10 S9A. Union
Pacific common and preferred was
heavily absorbed. Improvements We're
made by all the railroad stocks but
some of the specialties included on IN
creased demand.
Bonds were active and firm.
After the reaction some Of the strong
stocks moved above previous prices.
ST. Paul touched 1884, Union Pacific %,
Erie 27is. the first preferred 59A the
second pdrfarred l22 and General Elec-
trio 1888. Northern Pacific rallied to
above 81. Sugar and Northern Pacific
then turned downward, with effect on
the whole warket. These two stocks fell
2is and four points respectively below
the highest and declines reached a point
I'm some other stocks The closing was
weak under a flood OF long stock and
net changes were divided.
CLOSING STOCKS.
Atchison. lS; do, preferred. s6% A. S.
& w 80. do. preferred. S1h; American
Tobacco, no: American Tin Plate, 3is;
American Steel Hoop. 81 preferred, 50,
Burlington. 1885,. q. G. c.. 20; G, f. q
o., 1874; c. c. W., Is; c, S. 5sas
CON. Toh. 1885,. e. g. o., 40;
G. & A.. 4Oil; D. q r. Co. 27is; D. & H.,
12gi: Electric lS3; Federal Steel, j3h
Federal steel preferred 7Sia Glucose,
80. Illinois Central 1909 j. G.. l4iizi
l.. a. n, SjN; Leather l3&; Leather
preferred, 74s: NJ. Il. & T., preferred
l3b: Manhattan, 1l2M Metropolitan
street Railway, l73; NJ p, 65 Northern
Pacific 7l&; Northern Pacific preferred,
80: n. Y. c., 1nA Pennsylvania, 1881
Pacific Mail, AZ; Pullman, 202; Peoples
Gas. 80. Reading %, Reading first pre-
ferred. GSa,: Rock Island ISIS; Rubber
2s, $. T.. A27s: ST, Paul, 1895; Sugar
1901: r. G. & L. 81; UnionBag rs; L.
j., 767s: U. F. preferred, $685. w. IT,, 81.
MONEY AND BONDS.
Money on cali. steady at 8 per cent
Prime mercantile paper 4&g5i2 per
cent.
Sterling exchange, steady with actu-
al business IN bankers bills at 4.Sit0
y for demand, and 4.sOiA04 for sixty
days
Commercial bills. 4.79a Q4.SOA.
Silver certificates, 6la6Jc.
Bar silver, 63Gc,
Mexican dollars, zoe.
Government bonds. strong Sefunding
2's reg. .O5: do. coup. l.O5h; BIS reg
and coup. 10; new as reg. and COUP
1.3SI: old as reg, 1.l5h; coup, l.l6h;
SIS reg. and COUP l.l3ia.
SUGAR.
sugar-Raw, steady; refined, quiet