Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-03-23
RIO CRANDE WESTERN UP.
Common and Preferred Sold Respectively at
tighy-fve and One Hundred.
Bears Had Been Aggressive and They
Were Greatly Surprised by the
Bank Statement.

New York, March 23.--Bear aggres-
sion was resumed against the most
vulnerable points in yesterdays mar
ket, namely the coalers and fractions
Their losses in some Instances reached
point or over. Railroad stocks gem
orally weakened. but there were excep-
lions, including some Of those which
have been prominent recently. Dem
yer e Rio Grande common and pre-
ferred rose AZ and rs respectively, and
the stocks of the Rio Grande Western,
which, II Is rumored, has been COM
bined with the Denver & Rio Grande,
sold at So and 100 respectively for the
common and preferred compared with
70 and 81, their previous prices. New
York, Chicago & st. Louis reached TX,
but then rallied to IS, an extreme rise Of
AZ. The second preferred jumped
and the first preferred 2. Erie and
Western gained 3, and st. Louis and
San Francisco "a. A block OF Wabash
preferred was sold at from 3ll9 to IL,
but the prce soon dropped to S9Ss, a
full point under yesterday. They rail-
lied TO the top again, Other south
westerns were strong In sympathy. The
rally In the minor stocks was exceed
ingly feverish, and had only moderate
influence on the rest OF the market
The Colorado & Southern stocks Joined
In the movement OF the southwesterns,
the first preferred rising 2i2 The Chi
cago, indianapolis & Louisville stocks
gained nearly points each, Wabash
preferred rose to A.; Texas & Pacific,
the st. Louis, southwesterns and Mis-
souri, Pacific, l to 49,, The smelling
stocks broke 2ia for the common and
3ll for the preferred, but recovered.
The decrease In the loan item OF the
bank statement surprised the bears and
led to buoyant upward movement
with heavy buying for both accounts.
A large number OF railroad and indus
trial stocks moved up from ! to 4
points, Prices rose all around to the
highest of the day There was some
realizing by room traders but the clos
ing was animated and strong, and near
the top.
CLOSING STOCKS.
Atchison SIS; do. preferred 9iSs; A.
$. d w. 49, do. preferred l.06ls; Ameri-
can Tob. L27h; American Tin Plate
1Ois; do. preferred / IA; A. S. II. 42ls:
do. preferred 92h A. S. r. 5s%: do.
preferred s6is; b. r. T. son; b, & o.
92A do, preferred 9la; c. B.& @. 1.G5ib:
c, +. q |. SIX Con. Tob Ash; c. Il o.
46& G. & A. S9ia do. preferred 76la.
D g. H., G. 4Sh' d. a. IL, .6lis; +. $.
preferred zoos, Glucose fS%. l. G. l.31;
L. q n. i.OOis; Leather IS; do. pre-.
ferred IS; NJ. X. & 7. preferred 579;
Manhattan 1854; Metropolitan .6s&
Mo pae. l.007s; n. r. S7ls; do preferred
80; n. Y, Central 467s; w. L. $50:
Penna, i,5i% Pac Mail BAN Peoples
Gas l,06 Reading 3lSs; DO. first pre-
ferred 1874; do. second preferred az;
Rock Island ,2S% Rubber 1917 South
crn Pac. i5N: ST. Paul. l.52h: Sugar
l42h' 7. c. G l. 81; Union Pacific g2G:
do. preferred s5il,
SUGAR.
sugar-Raw. steady; Fair refining.
sugar, 3
Sla, Centrifugal. 96 test. 4 l.32; molas-
ses sugar s-32; refined, steady:
crushed, 5.75i powdered, 5,35
MONEY AND BONDS.
Money on call nominal.
Prime mercantile paper. 3hai4 per
cent
Sterling exchange nominal with actu-
al business IN bankers bills at ASH.
q4@ for demand and at i.siE for
sixty DAYS. posted rates, 4s5is and
iSe, Commercial bills, i.s3&q4. SAX.
Silver certificates, 5l%q65
Bar silver e0h.
Mexican dollars. iac.
State bonds inactive; railroad bonds
Irregular government bonds irregular.
Refunding 2's reg. and coup, .06. S's
reg. and coup. LIZ; new As rag. and
coup, i,SS.. old IS reg. la; do. coup.
LAX; Us reg and coup. Lily.
WEEKLY BANK STATEMENT.