Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-07-27
Some Of the Weak Ones Made
Sharp Rallies,
MAJORITY WERE LOWER.
Violent Declines IN Few Specialtics
Notable Gains In some Instances
Made out Yesterdays Close.

New York. july G.-The oneuing was
nervous and unsettled on wan street to-
dny, Some ~ last weeks weak stocks
rallied sharply and one or two OF the
STANDARD stocks showed small gains. q.
$ Rubber preferred was higher. but the
majority OF stocks were lower The de-
cline n Smelling reached lia and New
York Ain Brake dropped g. The Nolont
declines IN a few sreclaltles were sup
posed to he connected with the failure
announcement which was not expected.
Evansville y Terre Hauie sumped 9h
Chicago n Eastern Illinois certificates s.
Railway investment preferred 8. General
Electric and Virginia Carolina Chemical
T. and Pressed stee' Car rs. The proml-
nent stocks 20 suffer were Union Pacific,
Reading, Erie, Rock island preferred, Al.
Gibson, Amalgamated the Independent
Iron q Steel stocks and Sugar which fell
10 10. Strength WAS shown 10y New
York Central Lackawanna, Brooklyn
Transit and some other stocks In face of
The declines ana the level Of prices for
stocks ran over the level Of Saturday
ing the second hour and established some
notable gains over Saturday. I.aokawan-
ma rose p Rubber Goods preferred 8 MINI
nesota x St Louis a. Brooklyn Transit
~, Southern Railway, Iowa Central pre-
terrcd. Des Aolnes Fort Dodge, Illinois
Central +. G, G 4 ST. L., Canadian Pa
clhC 81 Paul ana Realty preferred to
" aud many more from ] 10 2 Evans
villo 4 1erre' Maute rallied ih. General
Electric and Air Brake Railway Invest
meut preferred and Nirginia-Carohna
Chemical preferred g. Minnesota d st.
Louis piperrcd dropped ? and Virginia.
carolina CHEMICAL referred ana lntena-
tiOnal Paper preferred Continental To-
bacco gICterrcd and Lead 2 10 g.
Bonds were firm
Leading stocks made further substan-
ual advances ana u number Of minor
stocks rose materially before the rise was
checked b. realizing sales In general,
The active stocks ruled between 1 and
points over Saturdays close. Among
the less active stocks there were such
gains az { IN Anaconda ana from 3 10 5h
IN Eiie second preferred, Pacific Coast
T.. g. q, & 81, L.. Westinghouse Electric
ana Rubber preferred. Railway Invest
meni preferred, Evansville 4 Terre
Hautc and General Electric On the re-
action southern Pacific and Canadian Pa
ellie lost and the others a good fraction
The leaders recovered pretty fully 20
their highest nrices Meanwhile prices
were slipping on at other points. Rubber
Goods preferred reacted 3 baltimore &
ONO pfeierrcd ~ and few others
point Related sales caused severe de-
clines IN u few cases notably Virginia
Carolina Chemical preferred, which lost G,
Hooking Valley and American Cotton on
preferred 4 and New Jersey Central 2la
During the final hour Illinois Central
U..n
way "a, Delaware & Hudson a., General
Electric SO, United states Rubber pre-
ferred 81 and Southern Pacific ana Read
ing, Colorado Southern, Pennsylvania aud
Tennessee Coal TO pa New Jersey Cen
trial rallied 80 and Evansville g Terre
Hauie S's, Belief that no further failures
would be announced induced buying
Some selling to realize net the advance.
Cotton on preferred dropped s. The close
was slightly below the best.