Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-04-11
STOCKS DISPLAYED
MUCH WEAKNESS.
When Market Opened There We're
Good Advances Well Distribut
ed Through the List
THEN PRICES TOOK A TUMBLE.
Stop Loss orders Uncovered Many
Railroads Ran OF Point
Or Two.

New York April ll,-Wido opening ad-
vances were well distributed through the
list In the stock market today and the
trading was animated, Gains extended In
Smelling rs, Amalgamated Copper the
Locomotive stocks brooklyn Transit and
ontario d Western a point and many VI
the reading stocks a liberal fraction. All
ter period Of depression the market
gathered new strength and ADVANCED
higher than the opening, but was again
subjected to pressure when New York
Central weakened Some Of the standard
stocks had achieved advances Of point,
including ST. Paul Union Pacific, Missouri
Pacific, Atlantic Coast Line and Delaware
Il Hudson The reaction carried pr es
below last night New YORK Central.
Northwestern, New YORK, Chicago n St.
Louis, Smelling and General El.ct.i c lOs,
/, and Westinghouse Electric "a. lennes-
see Coal and Rubber Goods preferred adj
yauced l to IA,
Illinois Central was marked up IA and
ontario " western 2ia, but the losponsl
In the general list was very languld and
selling was renewed, extending the pre-
viOus declines, New York Central lost
as, Atlantic Coast Line, st. Louis S.uth-
orado Fuel and Lead l. and Union Pacific
ST. Pauli AtChison, United states Steel
preferred and Amalgumatcd Copper large
fractions Illinois Central lost its rise and
Ontario q Western reacted ia, Load pre-.
ferred fell Ia and Chicago Union Traction
preferred ~ points There We're gains in
Locomotive preferred Of ?, United states
Express ga and United states Rubber
preferred, Trading became dul when
| prices steadled.
Rondg were hcayV NJ MON
Stop loss orders were uncovered after
| IL o'clock and the market dipped cOnsid-
| erably lower New NOrk Central got down
points and ST. Paul Atchlson, Canadian
| Erie second preferred Sugar, Pacific Mail
and United states Steel preferred 1 70
| ~. support developed later and the gen.
oral rally was facilitated by new jump
| IN Illinois Central to 1885, Rochester and
More substantial progress was made to-
| wards recovery by a slowly hardening
| process. Illinois Central sold as high as
$50. The dealnge fell almost to the
stagnatlon point St Joe & Grand Is.
land first preferred lost 9, and Car pr
| ferred tx. Westinghouse Electric frsl
| preferred rose s.
Pennsylvania was sold to below 1i2 In
the Anal hour and Illinois Central react
ed "a, After falling back 10 near the low
est prices generally rallied with vgor on
active buying. The demand subsidized when
| prices approached last nights level. III.
| nols Central rallied TO near the top price
but the closing was irregular
CloSc' Money on call steady. 8u3a pei
| cent; closing bid g. offered NJ 8
Time loans, steady; 90 days and 90 days
| Si3 per cent; six months, 3iaHS4 per cent
Prime mercanul paper 3AGiA per
! cent,
Sterling exchange easy with actua
! business In bankers bills az $50 5Q4 SO q
for demand, and at i.a.bq4, Si55 for 80.
| day bills,
Posted rates, 4 S5lN SiI5 and is7.
| Commercial bills, 4,Ala
Bar silver 567s
Mexican dollars, 434
Government bonds, steady; railroad
bonds, irregular