Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-02-28

vanced 2. National Steel preferred i'm
proved a point. Delaware and Hudson.
Erie first pfd., ST. Paul, Kansas and
Texas pfd. and st. Louis and South
western pfd. gained TO ~. lnterna-
tlonal Paper pfd., Pacific Mail and In
ternatlOnal Power also showed strength.
A break 10 3gh In Steel & Wire induced
selling OF other steel stocks and Sugar
again broke TO |. iOlk. AT II o'clock the
market was on the down grade except
for the copper stocks, Smelling rose
again 10 near the highest and Amazon.
IA and Amalgamated Copper rose ana
2ss respectively Stock prices gravitat-
cd stll lower, although the movement
was checked at intervals by feeble raj
lies Sugar vlbrated point or more
frequently and largely governed the
course OF the other stocks. Below Isl
buying became effective but a two
point rally was followed by y larger de-
cline. All the steel stocks fell wel be-
low yesterdays closing prices with pro-
nounced losses IN National Tube Ten
nessee Coal, American Hoop and tSeel
& Wire. National Tube lost IA ana
Steel & Wire pfd 2h and the others
over a point Bear pressure was re,
sumed against Brooklyn Transit ana
profit taking lowered Tobacco llg, Most
Of the leading railroads were sold free-
ly. particularly 81. Paul Union Paeihe
Southern railway pfd. and Northern Pa-
clfc a few exceptions were noied
Big Four rose and Lake Erie ana
Western ~ International Power was
bought chiefly and advanced 2l5 hup-
Der rose 2% and the pfd. 2h.
Bonds held up well.
ST. Louis and San Francisco rose 3
and the second preferred Ia without
effect on the general list. Sugar was
forced below li0 and the steel stocks
broke sharply to the lowest Of the day
ID. e II. declined nearly two points.
The loss In National Tube extended to
four points. In Tin Plate 2l5 and In
Steel and Wire 20 over two. The clos
ing was dull and weak except for Few
slight rallies on short covering.
CLOSING STOCKS.
Atchlson 55A. do. preferred SIN; 4,
s. 4 w. $50 do preferred ~ Ameri-
can Tobacco ll9A; American Tin Plate
Gl do, preferred 100; American Steel
Hoop SiA do. preferred Si%, Amerl-
can Smelling 54A, do preferred s2h Il,
r. 7. IAN; b. & o. SIN do preferred
S34; c. u. & q. 1881; G. c. c. & st, L.
49, C. f. & |. 42h; V. G. w. lSh Con.
Tob. 46ls; c. & O, iOis; C.. & A, SSh;
do. preferred "a: d. & r. G. 80; d, & II.
60; Federal Steel 49, do, preferred s6A
General Electric 2iS; Glucose 45%i |. {.
1870; j. c. 1885, L. q N. 9i%; Leather l2h
do. preferred 731a; NJ. X. & 7. preferred
80; Manhattan 1l7ia; Metropolitan
Railway 1914; Missouri Pacific STA
Northern Pacific S2la do. preferred
S7h; New York Central li2% Pennsyl-
vania 1851 Pacific Mall 80; Peoples
Gas 1914; Reading SOls; do. first pre-
ferred 7Oh. do second preferred 4O1si
Rock Island 122% Rubber 2Oh: South
ern Pacific 42R St Paul 1885; Sugar
1879; r. C. g. l. 57% Y, p. s6& do. pre-
ferred SSls Western Union S6%.
MONEY AND BONDS.
Money on call nominally per cent.
Prime mercantile paper, 3AQ4A per
cent
Sterling exchange strong with actua
business in bankers bills at 4S7Aa&
for demand at 4SiQ4S4A for sixty
days.
Posted rates, 4s5Gh and ASST; COM
mercial bills, 4s3hQ&
silver certificates, 6lhQ63.
Bar silver, 6iB
Mexican dollars. 40.
Government bonds steady; refundlng
rs when registered, l.O5% Elk int, do
coupon, LOSS; 80 registered and coupon
Ill; do coupon, ia, old As registered
and coupon, Ill.
SUGAR.
Sugar-Raw, steady; refined, quiet.