Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-01-23
MARKET WASREACTIONARY
Il Opened Well With Gains, Hesilasd a While
and Finally Yielded.
ST. Paul Made Conspicuous Advance
Pressed steel Car Exec piionaliy
strong Bonds Generally FIRM

New York Jan. % Trading was ac-
tive and well distributed at the opening
and the majority Of stocks showed
fractional gains.
The marokt became hesltating and
then yielded Bidding up Of special
stocks caused a rebound In prices and
the market became animated and
strong 81, PAU held a conspicuous
place IN the advance with a gain OF
27s Good buying Of the steel stocks
lifted Smelling and Pressed Steel Car
~ and 2A respectively Some Of the
Paclhcs and Sugar rose strongly and
the general buying appeared confident
The market became reactlonary on
realizing and short selling Declines
from the highest reached a point or
more in some Of the leading railroads
and specIalues Exceptional strength
In Pressed Steel Car caused an advance
of Ga points to " IN the common, and
3h I'm the preferred The general mar
kct held above the opening prices, To-
sumed under the leadership 81 South
ern Pacific. Missouri Pacific, the Atchi-
sons Erie and Peoples Gas. all Of
which touched the highest prices Of the
morning
The market was severely shaken
down In the final hour as result Of "A
general movement 10 take profits Many
stocks fell below last night and all
gains We're reduced 20 small proper
tons. Federal Steel and Steeel and
Wire were marked up again 10 the high
point or above and the market hard
ened all around 20 the extent OF point
at the maximum The closing was
active and irregular and net changes
We're mixed
Bonds were generally Arm.
SUGAR.
sugar-Raw. steady. Refined, quiet.
MONEY AND BONDS.
Money on call steady at 2l5 per
Prime mercantile paper, Sh q ~ per
cent.
Sterling exchange. steady. with ac-
tual business In bankers bills at ASIA
for demand and f.S3i4 for sixty days.
Posted rates, i.S40l Sli4 and ass Com
mcrcial bills 4.S2Ad4, S3it
Silver certificates. 63ha6 SAY.
Bar silver. 62.
Mexican dollars, 4Sia.
Government bonds, steady; retuuding
Is, registered, LOIS: do coupon, 1.05&;
Be-. registered. 09i5; DO coupon, 1.lOh;
new As. registered, 1861; do coupon,
l.31is old As, registered, 1877; do. cou-
pom. l.13la; 5s. registered, l.lOh; do.
coupon. l.liA.
CLOSING STOCKS.
New York. Jan. Enclosing stocks:
Atchison &C.; do preferred S5k, A. 5.
q w a.; do, preferred So: American To-
bacco l,l4&, American Tin Plate 60,
American Steel Hoop 21ii do. preferred
Y; American Smelling 63A; B. r. It.
1873; b. & No. SS. do. preferred S5 c.
b. & .. l.42M; &. G. C.. 4 ST. To- 76
G. y. & L. ASH G. G.. W. ia Continen-
tai Tobacco Az, e. & o. 80: G.. 4 A.
ssh. do preferred 1ii5; d. & r. G.. 3Ois
y. q II. 1851; r. s. 49H DO. preferred
G9lr, Glucose, 4Sit General Electric Isl;
Illinois Central 1914 L. & n. ssh;
Leather l2h; DO preferred "A; NJ X. &
4, preferred fS% Manhattan 1,l5h;
Metropolitan i.l6ls; Missouri Pacific
So; Northern Pacific S27s do. preferred
s6ls. New York Central Lac; Pennsyl-
yania 45N; Pacific Mail llA Peoples
Gas 99i5; Reading (common) 32M; do.
first preferred f2a r.. l. 20: Rubber
81 Southern Pacific 43A: ST. Paul
1885 Sugar 1874 +. G. /. 5SIk; u. p.
SiA do. preferred S3S; Western Union
S3h.