Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-09-07
WENT DOWN WITH A THUD
Wall Street Prices Go GImmerlng on Ac'
count Of The Crime Of CzoIgOsz.
Hallway Stocks Were Especially SEN
siuve 10 the Tone of the Market
FURRY IL nIomentary.


quickly followed by quotations Of Mis-
souri, Pacific at 1Ol compared with 100
last night. Rock Island sold at 40 and
st. Paul at 100 compared respectively
with l4ila and 1851 last night. Union
Pacific opened at 97la to 90 as against
10O9 last night,
WAS AWAKE EARLY.
New York, Sept, 7,--Wall street was
astir early today with preparations to
meet the exigencies precipitated upon
the financial world by the shooting
down of the President al Buffalo yes
terday. As London was closed all eff
forts were concentrated to meet the eff
fects which would converge upon the
New York stock exchange.
The news from Buflalo OF the Presi-
dents condition this morning was con-
sldered favorable as mitigating the
first imminent probability Of the Pres
ident's death.
The announcement by the clearing
house authorities before the market
opened that the associated banks had
the situation well in hand, was the
next reassuTing factor. When the mar
ket opened there vas general feeling
that every possible preparation had
been made to provide for the sudden
emergency, In averting disaster TO
stocks. The first quotation on the tape
was Canadian Southern with drop OF
lower than last night; Missouri Pacific
followed with a slump of points ana
Erie first preferred, after opening on
az dropped an extreme Az. and SO 1t
went with other stocks all through the
list. The leading railroad stocks were
the severest sufferers, the Changers,
Pacific and Southwesterns showing de-
clines of over points United States
Steel stocks both opened wide, first
sales of the common being OF 10000
shares at Al to 42b, compared with ass
last night. and 1000 shares of the pre-
ferred sold at 80 and 9lA, compared
with 94M last night Amalgamated
Copper fell points within the first few
minutes on first sales OF 5,40O shares.
Ten thousand shares each Of Southern
Pacific. Union Pacific and Erie were the
first sales recorded on the taDe. 1niiu.
ence OF the supporting orders In thu
market made Itself quickly felt and
there were immediate rallies Of from
to points. Very heavy blocks kept
coming out, however, ana the market
maintained its feverish and excite.
tone,
The clearing house committee ad-
journed about 1910 without having taxi
en- any action. 1t was said that no fin
ancial assistance had been required ow-
ing to the fact that the, stock market
opened without panic 1t was announc-
ed that President Happen would remain
at the clearing house to meet any en-
Urgency that might arise.
CLOSING STOCKS.
New York, Sept. 7.-Close. Southern
Railway, 3Oss; Reading, 3sls; Rock ISL
and. l3gA, Pacific Mail, SSl4 Amalga-
mated Copper, lllh; T. G. q l. 81; At
Gibson, 7S; do. preferred, 9iA Sugar,
l2y Reading preferred "a; Leather pre-
ferred, 80; c. &. A., S1h; n. Y. c., 1904:
ST. Paul. 1871; l.. x. ~, l0l; U. S. Steel.
4l%; Pennsylvania, l4lA Peoples Gas.
los, Metropolitan. 1922; Wabash prefer
red, 37i9 Southern Pacific, a. w. o.,
81. Missouri Pacific. 1908; b. X. T.,
65a. Manhattan, ll46; B. & o., 91R.
CHICAGO LIVESTOCK.
Chicago. Sept. -Cattle--Receipts
500, Nominally steady. Good TO prime,
steers 5.7jQG5O; poor to medium. 4OOg
$780, stockers and feeders, 2.25g425;
cows, 2S5ai75, heifers. 2i0qb.O0; can
ners. l5Oa2.35; bulls, 2,7bq475; calves,
S0Od6.35; Texas fed steers. 4.lOG5l0;
Texas Rrassers. S,SOQi30; western
steers, AlOQ5.25.
Hogs-Receipts, 1900; Monday. u.s.
600; left over. S,l25 to l0c lower; top,
600. Mixed and butchers, 5.95q6.S5;
good to choice heavy. e.40Q640, rough
heavy, 5,96Q6.S5, light. 595Q6.15; bulk of
sales, 6.2sq675.
sheep-Recelpts, 1900. Steady. Good
10 choice wethers, 365q4.20: fair TO
choice mixed. 33OQs7O; western sheep
S,25G395; native lambs. 3.O0gLs5; west
ern lambs. iOOg4H.
DENVER LIVESTOCK.
Denver, Sept. Cattle. Receipts 800.
Easy. beef steers, 325q475; cows 1909
$50; feeders freight paid to river, 300
qAoO; stockers, do 3,000400; bulls, stays
etc. 2OOd250.
Hogs Receipts, 200 Lower. light
packers, 640g6A; mixed, 6.35d6l5;
heavy. 6.5OGG55.
sheep.-Receipts. 900. Slow.
SAN FRANCISCO GRAIN.
San Francisco Cal. Sept. Wheat
No sales Spot quiet, s6h.
Corn.-Large yellow, l.45Qi55.
Barley,-No sales.
CHICAGO NERVOUS.
Chicago, Sept An grains opened
nervous and at a decline. December
wheat was Nd%c. lower at 70% q7O7S
on lower cables, and larger northwest
ern receipts. In the first hour il rose
to II, but later reacted TO 7O%.
December corn opened &c. lower az
By 20 ON, rose 10 57ls and reacted 10
tr..
December oats opened h0kc. lowe.
at 80 10 55is, rose 10 85kGh. and at the
end Of the first hour was at 35h.
Provisions were steady. They open
ed lower but soon advanced.
Chicago, Sept T. wheat-Close.
Sept, 81 Dec, i0i5; May. 49,. Cash.
No. 2 red. 69Ad1OH No. 3 red, 6sg8
6sh; No. 2 hard winter. 6Sh a69k: 40
hard winter. 67A a6s; No. northern
spring, 704GuH; No. northern
spring, GShgssi. No. spring, 6sasSA.
Corn-Sept, IS. Dec. 57h: May. %:
No 2 55h; No. 3. 5i%GJ5.
oats-Sept, 3S'-; Dec, 34Ts May.
S'h. No ?. SisG2iA: No. 3. 5idSi..
Pork-Sept. N5O January. l5.s7Iz.
Lard-Sept., go. Dec, 927h.
Ribs-Sept. SSH.
Rye-52A
Barley-52ael.
Timothy-sept.. $40: Oct. SIS.
ST LOUIS WOOL.
81. Louis. Sept .-wool-steady. ter.
ritory and western medium. l4Ql6hs;
fine, llal5h; coarse. l2dl5c.
FINANCIAL WORRY.
Chicago, sept. wv. S. Warren, pres.
ident Of the Chicago Board Of Trade
said this morning:
II do not expect this great crime to
anect grain prices at all. The assas-
sination or President Garfield twenty