Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-02-27
STEEL STOCKS FLUCTUATE
Al Opening Price Changes Were Small,
Divided Between Losses and Gains.
These Diverse Movements Unsettled
Other stocks-St. Paul Bought Free
~, Causing Good Rallies,

New York, Feb. 27,--Prlce changes
in the steel stocks at the opening were
generally small and divided between
gains and losses, but the stocks iiuctu-
ated very uncertainty at the opening.
Operations in the steel stocks were con-
fuslng ON efforts to effect relative val
ues Of the constituent companies to
that Of the new stock issues Preferred
stocks were bought and advanced from
1 to points. Some Of the common Is
sues were supported, but others were
llquldated, Steel & Wire falling TO
4OM, and National Tube losing "a. The
diverse movements unsettled other
stocks. Brooklyn Transit and Metro
poltan Street Railway dipped sharply,
and an opening gain Of point in st.
Paul was more than wiped out. To-
bacco after reacting to l20h was
marked UP TO 1872, and later yielded TO
near the lowest. All OF the common steel
stocks were then bid up point, which
steadied the general market. AT IL
o'clock Sugar. Brooklyn Transit and
the steel stocks We're being sold freely
and ruling generally at the lowest.
sugar and Brooklyn Transit suffered
losses Of 2A and "a respectively be-
fore support appeared and Steel Il
Wire. Tin Plate and Smelling were also
especially weak Large blocks Of 81.
Paul were then bought on rising scale
up TO 154Ia. Many good rallies were
made In sympathy. Amalgamated Cop
per was In good demand and advanced
ia.
After falling back a point Sugar adj
vanced again TO the high point or the
day In the belief that the duty on Gu
ban sugar is 20 be RENTED. There
were also advances Of four points in
General Electric, three in Peoples Gas
and 2ih In each in Delaware and Hud-
son. Brooklyn Transit and Pullman. The
rest OF the list was inclined to sag.
The Chicago, Indianapolis and Louis
Vile stocks and the Tobacco stocks re-
acted from | 20 IL. Sugar mounted
In the closing dealings TO near LAB but
the closing generally was dun and
heavy.
Bonds were firm.
CLOSING STOCKS.
Atchison 55a; do preferred SS;
A. s. a w. iOA; do pre-
ferred 96is; American Tobacco l.l2i Tin
Plate 63; do. preferred LOON American
steel $50 DO preferred Slh American
Smelling i9M do. preferred 9l}a; b. X,
r. 74la; b. & o. common IS, do. pre-
ferred "a; c. II. q @. i.4l% c. +. & |,
"A, Con. Tobacco Az; c. q o, i0A; G. A
A. Ss% d. & u. G. Ssis; d. q II. '65A'
Gen. Elec. 2.1S; Glucose As; r. 5. Az
do preferred SIS; Illinois Central
SiA; Jersey Central 1856; L. & n. 92h;
Leather l2ia do. preferred "a; NJ. X, 4
It. preferred bSh; Manhattan 11in;
Metropolitan l.60a; Missouri Pacihc
$3.50; Northern Pacific SSis; do. pre-
ferred ST5s n, Y. Central 43h: Penn
sylvania 1.i9h; Pacific Mail 81; Pull
man 80; Peoples Gas Logs; Reading
8Oi3: do. first preferred ION do. second
preferred i0A Rock Island !. 2SN; Run,
Der 1914: Southern Pacific a., 81. Paul
.54as; r, c. & |. b5h; Sugar 'i2A;
Union Pacific sly; do. preferred SSh;
w. U. S6b.
SUGAR.
sugar--Raw easy; fair refining,
Ill., centrifugal. SO test, s-l6i Mo-
lasses sugar. 3 3-l6.
Refined quiet; crushed, 600; pow.
dered. $50; graduated. $50.
MONEY AND BONDS.
Noon: Money on cali nominally per
cent
Prime mercantile paper, S%Gi per
cent
Sterling exchange steady with actual
business In bankers bills az iNhpH