Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-03-06
RAILROADS VERY STRONG.
Reports Of Concentrated Buying Of 8ufllng-
ton, CCnnectsdfNlh Northwestern Deal.
Union Pacific Was Benefited - Good
Gains by Eastern Lines Atcb"
M ison Goes Up.

New York. March 6.-There was not
able strength in the railroads and high
priced speclalties at the opening.
Amalgamated copper broke sharply on
a sale Of 5000 shares, being quoted at
lOlA to iO2, compared with 1884 last
night. Pacific NAH was Off a point
Reports OF recent concentrated buy
Ing Of Burlington. connecting the road
With a possible Northwestern deal.
alarmed the short interest and they
bought heavily. lifting the stock 2A to
above $50, Union Pacific was also bene-
iitted IL In this connection, and North.
western and Pacific issues were higher
AlnalEamated Copper moved errat-
cally' rising from 1914 10 l0SA. and re-
acting sharply. Good gains We're made
Dy some Of the eastern lines, partieu-
larly Baltimore 4 Ohio, common and
preferred. A bear attack on Sugar low.
cred Il points from the highest,
ana there was some weakness IN the
steel stocks which affected the entire
market at ii O'Clock, Substantial buy
ing OF Atchison common and preferred,
which raised them / and points re-
spectively checked the selling else
where, and some Of the prominent
stocks rallied TO the best, including
burlington. Long Island jumped Sh
to u.
Southern Pacific Joined the movement
OF the railroads, rising ~. The Atchi-
sons and Baltimore & Ohio preferred
extended their gains, TO and 2&. re-
speeuyely. Sugar and Brooklyn Tran
SIT broke Ia and IL. respectively ana
Amhlgamated Copper dropped to the
lowest OF The day.
Many active stocks were point or
more below the best. Amalgamated
Copper was forced down to near par
In the late dealings.
The closing quite active and irregular
and showed net changes mixed.
Bonds were generally steady,
New York, March 6,--Closlng stocks:
Atchson, 577; AtchisOn preferred 80;
A. S. W., 80: A. s. w. preferred, Sc;
American Tobacco, 12lh American Tin
Plate, 62ss; American Tin Plate pre-
ferred, 1902; American Steel Hoop, SGh :.
American Steel Hoop preferred, Sl%;
American s. r., 5Sb American s. X.
preferred, 9Sls; b. r. T., 75h; b. & o.,
s45s; j. & o. preferred, 9S&; C, b. & O.,
14S; c. c. c. & St L.. 75A; c. r. g. l.,
AN; d. n H., 1864 r. & r. c., 39Is;
General Electric. 2ll F. S., "a, +. S.
preferred, SO; |. c., 1874; L. & N, 9i1s;
Leather common, Jpn; Leather pre-
ferred, 74ls; NJ. X. & T. preferred, 54ss;
Manhattan, l1Sk; Metropolitan, 1881;
Missouri Pacific 9O% N. r., S44; N. p.
preferred, SIN; N. Y. c., 144s, Pennsyl-
vanla. 1921 Pacific Mail, 35ik: Peoples
Gas, 1929; Reading, 32%; Reading first
preferred, TAX; Reading second pre-
ferred, 42% Rock Island, 1855 Rubber.
10; Southern Pacific, 45h; st. Paul, 1853;
Sugar, 14lA Tennessee Coal and Iron,
50h; Union Pacific, S2h Union Pacific
preferred, S5h; Western Union, SIX.
SUGAR.
Sugar-Raw. steady; fair refining,
S%; centrifugal SO test. AZ; molasses
sugar. 3&.
Refined quiet; crushed, 600; powdered,
so; granulated, $50.
MONEY AND BONDS.
Money on call nomInally 292ls per
cent.
Prime mercantile paper, sha4ls per
cent.
Sterling exchange strong. with actual |
business In bankers bills at 4 .S7is@% !
for demand. and 4,8, A@k for sixty
days.
Posted rates. 4.S59h and 4.SSh.
Commercial bills. A, SShd4.
Silver certificates, 6l@63ls.
Bar silver. 6lh
Mexican dollars. 40.
Government bonds easier; refundng |
9s registered. LOSS; refunding 2s cou-
pom, LOIS, Ss registered and coupon,
IL new AZ registered and coupon. |
LILO; coupon. LA; old As registered and
coupon, Liz.