Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-02-05
RAILROADS WERE HIGHER.
Active Bidding for 10000 Shares Of AtchIsoO
al the Opening Of The Market
Heavy Selling wiped Out It's Rise =
Profit Taking Met All
Advance.

New York, Feb. 5.--There was COM
petitive bidding for 10000 shares Of At
Gibson at the opening. which made II
sell at 53h and 5i$ at the same time,
compared with 521s last night.
Manhattan also opened wide at III to
l2lh. compared with l2O& last night.
The southwestern stocks and Erie trst
preferred were notably strong, and In
a number of cases made gains Oh
point. Changes were otherwise frac-
tional. A loss Of ~ in Pacific Mail ana
a decline OF small fraction In union
Pacific and a few minor stocks, were
the only exceptions TO the gains In the
list. The absorption during. the hrst
hour was god, hut not SUFFICIENT TO take
all the realizing. Aggressive buying
caused some notable advances In the
steel and southwestern stocks. Heavy
selling Of Atch.s1n wiped out It's rise,
and amalgamated copper, Southern Pa
cihc, Union Pacific Baltimore a ohio,
Brooklyn Transit fell 2is. Many stocks
showed declines oil | to points. There
were some rec0veries before IL o'clock
and the trading became quieter.
A large demand arose for Federal
Steel, Missouri Pacific, and the wabash
issues causing them TO rally TO the best
prices OF the morning Federal steel
sold up to 4Sis or "a above yesterdays
close National Tube preferred rose g.
Evansville and Terre Haute gained va,
and Hooking Valley preferred 2 This
caused some Improvement In the gen.
eral market but prices did not recover
to the high level, profit taking meeting
the advances In all directions.
Pennsylvania continued its advance
10 Six. and high prices were made
by Federal Steel at 5lh. Steel and
Wire. 49M. and Southern Pacific OF 49,.
Realizing made inroads upon prices
here and there. Union Pacific then
spurted to 81 and stiffened the market
again. The closing was active ana
slightly irregular,
CLOSING STOCKS.
New York, Feb. 5.--Closng stocks;
Atchison, 54Is Atchison preferred. SsIs;
A. S. g. W., 49b A. S. q w. preferred,
80; American Tobacco. ll7h; American
Tin Plate, Co.'s; American Tin Plate pre-
perred. 80, American S. FL, 3054 Amer
lean s. II. preferred, 15; A. $. r.. CO.'S;
b. II. r.. sos; Il. and o., s2i4; b, and o.
preferred. s67s; c. b. & O., H19s; c, F.
4 l., 4SM; c. G. & W.. q; c. s., 5Sa;
Con. Tob., 46; c. & o., Al; c, & A., 4Ohi
c. q A., preferred. 75la d. q h c.
35lk; ID. & H., 1874; General Electric,
1872; f. s.. STA f. s. preferred, IA;
Glucose. 60: Illinois Central, l2el2' Jer-
sey Central, l52la; l.. & ~, S3h; Leath-
err 1875 Leather preferred, rs; NJ. X. &
r. preferred, 60; Manhattan, llsls; Met
ropolltan Street Railway company
16iA, Missouri Pacific, 9lss Northern
Pacific, S37s Northern Pacific pre-
ferred, S1h n. Y. Central, l45A Penn
sylvania, 1871 Pacific Mail, 44h; Pull
man 200: Peoples Gas, lO2&; Reading,
81. Reading first preferred. 1875 Read
ing second preferred, 4Ss Rock Island,
i.2S; Rubber 90; Southern Pacific, AZ;
st. Paul, 1924; Sugar, 1879 T. G, & l.,
66ls Union Pacific. 9OI; Union Pacific
preferred. S57s: Western Union. "a.
Bonds were Irregular.
SUGAR.
Sugar-Raw steady. refined quiet
MONEY AND BONDS.
Money on call steady at per cent.
Prime mercantile paper 3Q4 per cent.
Sterling exchange weak with actual
! business in bankers bills at 4SSQA for