The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-01-13
STOCKS IN THE EAST
,r,rpot Sets a Record for Violent
Fluctuations.
rp,DTVG Is HEAVY
Tick Is THE MOST ACTIVE
EVER KNOWN.

..-s=rfcs which have so frequently ~
-.-,. caused vide and excited huctl-
...--- i'm some stock or group OF s1o1i,'
-.+..r were affected by some lmpotFdl1
r..r77enf o,- q rumoT of some otNei-
.-.-, TO-DAY it was the local trac-
..-.. -raup led by Manhattan Inc CT
ructuariOns of this stock naaae ~
..r.-r that the violence OF tuS Ll'-
-.'- VAS 10 a large extent due 20 tHe
-1rra of "a large short interest "iAlC n
-.-.-r-f acute distress on the d'i-
-...-.... which carried the stock UP go
....,-s with subsequent relapse OF d
--rr sudden advance in the 10
-...-. fs.1e was taken advantage Oh
r...r ..ry heavy realizing all through the
..-- and when Manhattan lJselL "a =
-..r the whole market broke iaJll'
r.-r.r,- with the result that the CLOS
Ind. Was decidedly weak ana win MT
r--.e urgd0miuatiug over gains
--r-.. ..tr.rz market was strong ana an
....-.4 unEer the continuing influence
-r did. .lFrsEce iu the Delaware * HUI
yen g.-5daud and the large and con
.-frrf-F buyiuE IN that STOCK anu
.l. .r the anthracite group. Oh-
.5.. & Western opened wide with ~
..., Shares selling al from 80 10 SOC, TINS
latter was tine top price AL'er tne
.rtI-.-- tI,. buIIs rallied the
nF-tlA- 1- l.-'. -.-..,-Ir,+ forward new
market ".'' an. .oaIars Union
points OBJ - ,.'7 p obfo the gran
--- ffr plate and a number OF low
-.rf..1 abroad stocks had periods OF
srr.rgr-. Minneapolis a -. Lculs
frr7..af g. and the preferred bl4 points
gr the late realizing movement the
sraar stocks reloped special weakness
yH N'' + 7.,,.-ar- i'm the trade.
between '-'. - - SfaaI 4 Wire
Na-..t-' IN lection i'm Della
''.H 81 ,-,, in Ms 81. National Lead
.a'' O. 80, ,,,,.ri,.4r7 Trvnress sold
oi'rig" 3t 60 ~ -.,f,.t-- fr1m the last
d.. Cd .l ..''- II is r,rarfiralIv as
It-'yN.l- - - Nm SEQ the be-
sure. I.'. - ..,-r.-r.-- and exDarts
7,.-....5 ~ En-. r,,-,-srpanr will reach
,1-...'a s,- 51S oae D., Sal GG6 060 Ii was
-..' v,-.rr .-+-.-..r today that ar
asserted M Val sure. r I.l Ia, foI.
que. t.-.,.-,t .f y, ,.,r,si5ara BILE amount
'.s pun. t,-'.5,,..-.I..,-., steamer
"1N -. III
t,. e.lf|s.5 I'm rrayfous records. Fol
. r,E,-fnr rb,- u1ur,re5-uted trade of
FRIDAY and SATURDAY OF last week,
which reached IN. highest records for
t.f1 7,.-. rr..,15rr- and saturday
ngIr-n.1f7av tho 4gura- .aIps on
zf.rF,,- ,,r-. rfrrd above the
q uuo oUo shares level fu, the first time
Inn tb,- history of the New York stock
exchange Unlike the great bull mar
kgt of two years ago. in which the
urtsIv-Hedgad Industrial stocks made
The bulk of the trading. the present
market .r distinctly one of railroad
stocks. and the i15ustrfais play an in
polling cause Of The rise is the grown
off the community of interests policy
among the railroads. The purchase %
Jie Central Coal company FOR the Erie
New Jersey for the Reading, the APP
Ucarau.e u the Erie directorate :
'awwuuity uf ruulrol of interests tina
have BEEN rivals Un the railroad feel
in the northwest the requirement &
81 Paul stock 10y j. j. Hin of On
Great Northern are the concrete fact
mo-. "," nv rbil rs n l.yITa "a general aa2 ~
forests Countless rumors have cfrcu
lated of other clans in process of e7z
.rrrT.u Fur those AFRO +I7a ,,,,r,- -,--r
..rIb.,+i,.r..5 ,ls,-oi,'-,,,,r,,t.. M 5
."t.'' i''''e N '.D' 'i'i'ilitAlS- he JIM
t''t laAt- OF inns development as lh
.t9l OF Jhe latest step I'D the Tehdbilita
ton ~ the railroads of the country br
IISUrin- maintenance of freight rate
can only he unCarsro,F b, d, 5..r,,,,s,,.s
~ "--'l ga "S " 'oi"pai. y
.,. s'','l.'.'''.S Iil lIle id'.Tpdds WIZ
vas d p,e-tv general condition OF
roads .f fT. ..,r,r-,-,- NJ -,.I '''
r.-..-a-,-.i 49, ,.-.r--,,f'., ..5 W
hohIrd lud' 'tedueSS was uu-