Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-03-09
SHORTS BID FOR STOCKS,
This Causes Sharp Rally in Market that
Was Quiet and Irregular
Sugar Goes Down on Sale of 1900
shares -Grangers and Pacifcs.
Were Weak.

New York, March 9-There was ex-
cited trading In a few stocks at the
opening but the general market was
quiet and Irregular with narrow
changes both ways, Amalgamated Cop.
per made violent recovery from last
nights depression, selling at 991a and
lOOla at the opening compared with
S1s last night Sugar was carried down
an extreme rs on the sale Of 5000
shares. Price movements became more
available and in special cases quite
wide. Amalgamnted Copper improved
TO l0l before realizing set in under par,
Anaconda Mining also lost a point and
there were declines of / to 212 In Hoop
preferred, Consolidated Gas and Cen
eral Electric. Meanwhile the ST. Louis
q San Francisco issues were marked NJ
aggressiVely, the common stock rising
points. Some Of the lower priced rail
roads were conspicuously strong, in.
Guiding Chicago Great Western, Den
yer Rio Grande and Wabash preferred,
The market at IL o'clock was very ir-
regular, profit taking in Chesapeake &
Ohio and the weakness of the grangers
and Pacitics contrasting with the
strength at other points. Prices drifted
downward on realizing, some of the
principal active stocks re-acting / to
2% Amalgamated Copper fell to 90
and Sugar an extreme 2&s on the report
| of the death in Paris Of an official Of
| the company.
The publication Of the weekly bank
statement disclosed an important short
! interest and their bidding for stock
| caused a sharp rally. Wabash pre-
| ferred, Pressed Steel Car and Hooking
| Valley rose 2la over last night Re-
| coveries ran from to points In Sugar,
! Amagameted Copper, Pennsylvania,
Union Pacific, Consolidated Gas Cen
| eral Electric and American Tobacco.
Renewed realizing at the advance made
the closing irregular,
CLOSING STOCKS.
New York, March 9.-Closlng stocks:
Atchison. 81; Atchison preferred, 9lIa
| A. S. e w, $3.50 A. S. & w. preferred.
90; American Tobacco, l20ia; American
Tin Plate, 6l& American Tin Plate,
l00h; American Steel Hoop, SO, Amerl-
can Steel Hoop preferred. SlA D. & r.
G., 39%: d. & H.. 1855; Federal Steel
4S% Federal Steel preferred, SSA Cen
eral Electric, 2l5 Glucose, 4gls; Illinois
Central, 1871; l. & ~, 1875; Leather. l2A
Leather preferred, rs; Pennsylvania
100: Pacific Mail 45% Pullman, .2O7A
Peoples Gas l03A Reading, 80 Read
Ing first preferred. IN Reading second
preferred, n Rock Island 1875: Rubber
1874 Smelling. 5i%; b. r. T., S77s; Il, &
o., 93h h. & O. preferred, 90: c. b. &
O. llS&; c. c. G. & S. H., 1854 G. 4. &
l., 45; c. q. W, 90; Continental Tobac-
co, i6; G. q O., i6As; G. q A., $50. G.. q
A. preferred, 75h: NJ. X. & T. preferred
H2. Manhattan, 1874: Metropolitan
lGj: Missouri Pacific, 80; Northern Pa.
cldc, MA Northern Pacific preferred
SIX, n. Y. c., IA: Southern Pacific. Is,
81. Paul, 15iA; Sugar, 1904 T, c. & l.
64M.. Union Pacific, 81; Union Pacific
preferred, s5h. Western Union. S7B.
MONEY AND BONDS,
Money on call, nominal. Prime mer.
camille paper SdS& per cent
Sterling exchange nominal with ac'
'ual business In bankers bills al ASIA
for demand and isih6h for sixty
days: posted rates is5GiS and iSSh
commercial bills 4s3isdAS4.
Silver certlhcates-GiHd63
Bar silver--601s.
Mexican dollars-49.
State bonds weak railroads bonds "
regular; government bonds strong. Re
funding % registered. 1851; refundiul
- coupon, 1861 Ss registered and cou
pom. III. new is registered and coupon
1873: old Is registered, il3; old As cOu
pom, ia; IS registered and coupon, 1lil9
SUGAR.
Susar-Raw. weak: fair refining. 3i9
centrifugal. % test, 4; molasses sugar
81.
Refined. weak: crushed. SIS; pow
dered SIS, granulated 5.25.