Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-10-25
D. S. |. AND THE
UNION PACIFIC.

New York. OCT @-Tho stock market
opened animated and higher today follow
Ing the recovery Of London. There were
enormous dealings in the Union Pacific
securities on account of the report that
the oregon Short Line participating bonds
were 10 Doe retired Ten thousand shares
Of Union Picnc sold nj l09h and no COM
pared with l0Si! Iast night and subsequent
uluGlcuouB'wore IN 1900 10 5000 eharo
blocks a block Of $1,000 Of the oregon
Short Line bonds sold at am advance OF
and tho Union Pacific conycrtlbies were
up point on the transfer Of $1,000
blocks Opening sales of ontario * Wrhl-
cru were 0f 500 shares al i5is ana fb
compared with iis last night There were
large blocks al large fractional advances
ol United states Steel preferred, People o
Gas. Amalglmated Copper Sugar, Colo
RADIO Fuel a. iron Smelling, Pennsyl-
yauia, AtChIs0u and 81 Paul Chicago
Terminal preferred aud Minneapolis, st.
Paul q salt Ste Marie were mp "a point
-Four thousand shares Of Erie sold az lli,
and l0s compared with ~ last night. and
price then rau OF 90 lDN The excited buy
ing of Union Pacific continued u enor-
nous volume with ll0h the top price. 81
Paul was run up 3 and gains reached "A
point on over 10 AtChlsuu d. a Il q ptd,
Wabash preferred, ST. Louis q South
western pfd., and Colorado Fuel q Iron
lh LOO Consolidated Gas and lA tn North
western. ontario d Western fell back to
l5l8 and Reading and Erie We're heavy il
sympathy a break Of Sh u Pressed steel
car affected the other railroad equipment
stocks hy sympathy and the local trac-
tons Sugar Lead Illinois Central and
Westinghouse Electric below last night.
Chicago Great Western preferred B
broke q A rise Of in Delaware & Hud-
son stC1dlCd The cOaleTs at II O'Clock.
The rise Of ere Ia Delaware & Hudson
was followed los sharp advances In other
high grade stocks. Northwestern rose "a
on buying IN 1890 share blocks and the
preferred D. LHckaWanua touched Us re-
core price at 800 ST. Paul rose 3l2 I'm all.
United states steel preferred rose strong
by ~ the local fractions rallied strong
49, Metropolitan Street Railway gaining
2ia and there were gains OF a point or
more in Chicago Great Western. lllinOl,
Central Texas and Pacific. Sugar Ten
uesse Coal and SlOgs-Shetneld steel The
market ran OF after the announcement
Of an engagement Of gold Tor export
Erie, Central " New Jersey Locomotive
and Rubber Goods preferred got to II.
under last night Westinghouse Electric
and ST. Paul Delaware & Hudson and
Smelling reacted point OF more. A num-
Der OF active stocks were carried below
last night, including Rock Island Next
can Central National " Mexico preferred
Southern Railway, tho Kansas & Texas
stocks, c. q o. Norfolk a Western the
Colorado & Southern stocks and a number
Of minor industrals. Colorado Fuel shot
up 3A but the market continued irregu-
lar at noon
Bonds We're Irregular al noon.
New stocks took part In the advance
after " o'clock but the diversion Of In
terest into these did not retard a furthel
rise On some Of the earlier iavOrltes n0ta'
! bly, Union Pacific and United States
| Steel New YORK Central reached 1861
md Peoples Gas rose ~ In short or
der United States steel met a good many
thousand shares when II touched q bul
| it eventually took all no that price onC
| sold fraction higher The preferred
| reached 8is Transactions I'm Union Pa
| Clnc continued on an enormous scale anC
| the buying Of II up TO ll0A was attended
| by higher prices for the other Pacldcs
| st. Paul, Erie aud Reading made momen
| ary spurts upward, but fell back again
the two last named touching their loves
| prices.