Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-04-30
EXTRAORDINARY
TRANSACTIONS.
Opening Dealings in Stocks Were
Wonderful.
GAINS ALL THROUGH LIST.
First Sales Numbered 10000 Union
Pacific; $4,000 4. \. steel - Enor-
nous Rcalizaiions Cause Dip.

New York, April SO.--wall Street:
Extraordinary transactions were re-
corded in the opening dealings in stocks
and sensational gains were shown all
through the list. First sales numbered
10000 UPTON Pacific; $4,000 each United
States Steel common and preferred,
10000 Southern Pacific, and 1000 to g.
900 shares Of many other stocks among
the trunk lines, Changers, Pacific, South
westerns and Southern railroad groups.
The opening quotations OF Union Pa
cihc were ll9ia TO 20. compared with
lisa last night Northern Pacific
broke badly on the sale Of 1000 shares,
which carried II down to LII and 115.
compared with 1.19 last night. United
States Steel preferred spread from 100
to l0l, compared with 80 last night.
and the common sold at 90 to 81, COM
pared with 5iA last night. In the
last named stock there were subsequent
purchases of long string of blocks
of from 1000 to 5000 shares, which car
ried the price up to So. The preferred
meanwhile broke to 997s from the OPEN
ing high level, Union Pacific also fell
back to lis There We're gains Of
from TO points, scattered all through
the list of leading railroad stocks and
prominent specialtles Atehison was
run up 3A ON enormous dealings. The
fluctuations became rather Wild after
the opening, under the enormous vol
ume Of transactions, heavy selling to
realize meeting the advances Prices
In number Of cases made additional
substantial gains in the ten minutes
following the opening bulge, but the
exceptional extent of the rise induced
enormous reallzations, and stocks
dipped temporarily from ] to points
with 81. Paul, Rock Island, Baltimore
& Ohio, Louisville. Atchison, Amalga-
mated Copper and United States Steel
issues leading. There were frequent
irregular rallies, and speculation was
widely variable at II o'clock with prices
averaging below the best. Northern
Pacific bounded up to LIN, and Texas
and Pacific was forced up to 90.
During the noon hour Atchison pre-
ferred extended It's gain to 5h, Mlssou-
ri Pacific rose 3k, Louisville & Nash
willie PA, Chicago & Alton 81 do pre-
ferred 3ls, st, Louis and San Fran
cisco, 1s4, the second preferred 9, and
New York Central 3B. The Toledo,
st. Louis & Western stocks showed
strength, and Southern Pacific rose to
the highest. United States Steel pre-
oh 1 IYlpaV onOapDl-
Is did not recover to the best. b. q O..
fell 2si below yesterday. The market
lost most of its animation,
The movement in New York Central
led an advance in the eastern railroads,
including the coalers and junior VAN
derbllts. Penna., rose 5as, Erie 81 and
others from / TO points, The failure
OF these gains to hold brought q heavy
selling movement which caused q re-
lapse of 3A In Atchison, "a In Pennsyl-
vania. 2A in Great Northern preferred
and from to In most of the active
stocks. Northern Pacific was carried
down TO 1l4&. The closing was very
active and Irregular under the influence
of this selling.
CLOSING STOCKS.
Atkinson, 5ls do. preferred, 1881;
American Tobacco, 1854 y. &, o.,
l04h: do. preferred, 80 G. r. & O.. 1884,
c. F. && L., 1865; c, G.. W., "a; Con-
Tob., 46%; c. & A., ASS: do preferred
nv. Amalgamated Copper l23is; A. S.
r., co., do preferred, g6N Rock Is
land, lGi7s; Southern Pacific, 1874
Southern Railway S2%; do, preferred,
81 Union Pacific. ii67,; do. preferred
97A D. &. II. c.. 47M, d. & H., 1850;
General Electric, 22Sik; United States
Steel 537s do, preferred lOl Illinois
Central ll4b; NJ. X & &T,, preferred
65% Manhattan, 12Sh; Metropolitan,
Street Railway company, 1888. Mlssou-
ri Pacific, 1903; Northern Pacific, 49, do.
preferred, lllia n. Y G., l62; Pennsyl-
vania, l57h Pacific Mall, 39is Reading,
i2l., do first preferred, TN do. Sec
ond preferred. A6&, st, Paul, 172h: SUI
gar, 4ia T. c, & l., 6sls; w. u. 9SA.
SUGAR.
sugar-Raw, firm; fair refnlng3 lille
centrifugal 96 test, 43-l6. Molasses
sugar, 3 7-16. Refined steady; crushed,
5.g5; powdered, 5.55; ganulated, 5.45.
MONEY AND BONDS.
Noon: Money on call firm at per
cent prime mercantile paperla4h per
cent.
Sterling exchange easier, with actual
business In bankers bills at Sass for
demand. and "a S5 for sixty days post
ed rates Sis5M and A.S9; commercial
bills si.S4h Q$i.Si%.
Silver certificates nominally 60c.
Bar silver, 1914.
Mexican dollars 4Sh,
Government bonds firmer, Refund
ing Is. registered, 1858 coupon, LOGS,
Sc, registered, .l0ih: coupon, l.llh;
new IS, registered Si.3SSs; coupon,l 1885;
old Is, registered, Lbs: coupon, l.lSl8;
g. registered. ITO; coupon, LIN.