Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-02-11
OPENING WAS FEvERISH.
Low Priced Railroads Showed Gains, but
lnternatonals Were Lower.
Some Stocks Materially Higher Liq-
uidation In smelling stocks Ex-
tended Losses Considerably.

New York. Feb. 1.-THE industrials
and low priced railroads as a rule,
showed fractional advances at the
opening today, but the international
stocks were lower In sympathy with
London. The American Smelling stocks
were under pressure and both OF them
declined a point. the common on sales
OF 10000 shares. The preferred imme-
diately recovered a fraction. The fe-
Verlshness OF the opening dealings was
succeeded by rise. The center Of the
markets strength was the low-priced
and Southwestern stocks. st. Joseph
and Grand Island second preferred
Colorado Southern first preferred, Wa
bash and the Wheeling and Lake Erie
and ST. Louis Southwestern stocks rose
from TO points Sugar, Federal Steel
preferred, Tin Plate common and pre-
ferred. Steel and Wire preferred, c. c.
{. y ST. l., and Penna were also ma
terially higher. Atchlson and Union Pa
chic rallied point from the lowest,
touching 81 and IS respectively. Chica-
go and Eastern Illinois advanced TO los.
Liquidation in the smelling stocks ex-
tended losses TO 3is for the common and
preferred, is
Stock prices gave way quite steadily
In the second hour. The standard
railroad stocks generally fell TO a frac-
tion below Saturday rise Of pa in
Peoples Gas and q rally to 1i1A in SUI
gar had very little effect on the mar
ket, which continued TO recede,
Stocks OF minor Importance were the
only ones that moved widely In the final
hour. Des Moires and FIT. Dodge rose
ga Mobile and Ohio and Wisconsin
Central, y. The latter preferred 9%
Pacific Mail and Evansville a Terre
Haute 2; Chicago and Eastern Illinois
6la. and the preferred 2. Smelling suf-
fered from renewed liquidation, falling
an extreme 5A to 55h under very heavy
offerings. There was also some profit
taking In the strong stocks and result
Ing recesslons in the late dealings. The
closing was moderately active and
heavy, with net changes mixed
Bonds were Irregular and dull.
MONEY AND BONDS.
Money on call nominally ~ per cent.
Prime mercantile paper, SAGA per
cent.
Sterling exchange firm with actual
business In bankers bills at 4SSdI
for demand and at 4Sils9A for sixty
days, posted rates 4S5Mh and 4.sSlSn
iS9; commercial bills, 4SS%q4. srA.
Silver certificates. 61Q69
Bar silver, 6ih
Mexican dollars, Az.
Government bonds strong; ref. % reg.
and coupon 1864. 9s registered and
coupon, liOi2 new IS registered and
coupon, 1879, old Is registered and oou-
pom ll8is' 5s registered and coupon,
il0ls.
CLOSING STOCKS.
New York, Feb. ll.--Closng stocks:
Atchison So; do. preferred ssl1; A. S.
x w. 5Sh; do. preferred o. American
Tobacco ll7A; American Tin Plate 65%;
do. preferred 80; American Steel Hoop
S2h; do preferred 7sk; b. II, T. rs; |
y. & o. 9lIs; do. preferred S7is: c. b. & |
@. l.40A G. c. c. & st. L. M; C. F.
l. 4S1k; g. w, 2OA; Con, Tobacco IS; C. |
& O, 4l& c. G A. 40&; do. preferred |
75A; d, & X. G.. AZ; d. & II. !. 5l& Gem
eral Electric LES; Federal Steel. 5SA; |
do, preferred sll5; Glucose IS; Illinois |
Central l.29h; l.. & N. 92ss; Leather |
IAN; do. preferred rs; Manhattan 1.1Slk: |
NJ. k g. +, preferred 56A Metropolitan |
1853; Mo. Pacific 9iis; Northern Pacific |
s5h do. preferred Ssh: N. Y. C. 44lk:
American Smelling 567s Pennsylvania |
49ls Pacific Mail Ash; Pullman / so: |
Peoples Gas l .03: Reading S2B do. first |
preferred. 1884, Rock Island |. 25K Rub |
Der 81; Southern Pacific An: 81. Paul
l.52; Sugar .2lA; T. c, & I. 6lIs Union
Pacific So; do preferred ss&; Western
Union sS%.