Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-02
STOCKS IN MUCH
BETTER DEMAND.
II Was SO Strong that II Lifted
Prices to a substantially
Higher Level,
SOME NOTABLE GAINS MADE
Seli-g orders Caused Some Reaction
High Priced SpeciaIties
A ,Orbed.

New York. March 2,-The pom the
stock market today disclosed a sruug do
mand which lifted prices to substantial.
ly higher level There were vide op nngs
In New York Central, Union Pac tic and
Urited States. In New York Central o.
90 shares sold at 1854 and 1881, compared
with l5lh last night Forty-hye hundred
shares OF Union Pacific sold at l3iia and
1914, compared with l3iA last night and
5000 shares Of United States Steel car
rlod II up an extreme half Consolidated
Gas Jumped 4 points, Atlantic Coast Line
rose ~ Metropolitan Securities IA, ana
Canadian Pacific, Brooklyn Transit Atch'
ison, Illinois Central Peoples Gas, suga1
Colorado Fuel and Iron, and G. G., 81
Louis, were up "A point or more ANA ~ es 30
ed Steel Car, Locomotive ana b. q o.
large fractions. Before the urgent buyinS
apparent nc the opening had ceased prices
were lifted 10 a still higher level quite
few additions 20 the notable Ba.n were
made. Erie second preferred, 81 LOUIS
Southwestern, Minneapolis, ST. Paul ana
Saulte Ste Marie Chicago, Terminal pre-
tcrred, Locomotive, Lead ana tnS pre-
fered, Rubber preferred, Pressed steel
Car and Nirgina-Carolna CnCmcal pre-
ferrod figured for a point.
Wrestling house Electric rose ~, Slgss-
Sheffield steel "a and Yirginla-Carolina
Chemical 2 In the active section Atcnl-
son VAS lifted to 81, and the United states
Steel stocks 20 SO and 80 respectively II,
ing orders overwhelmed the uuylng pund
1880 and prices reacted materially New
York Central and Atlantic Coast Line lost
their gains, and a number Of other taNor-
ties fell back to yesterdays closing Rub
Der Goods preferred declined 2. The mar
ket was steadyIng at II O'Clock,
After am advance Of y U4ileu states
Steel on very heavy absorption demand
shifted to Reading, which was lifted les
Erie rose IN company 10 iba, but fallroaus
generally did not follow owing to sales
to realize on the advance. New YORK
Central was forced x under yesterday ami
Western stocks generally a fraction, Some
OF the Southwesterns, MeNicans and WIS
CCnsin Central scored gains Of point ana
also Tennessee Coal Pine and United
States Rubber. New York Air Brake rose
3A Notwithstanding Chemical 3 an !
Western preferred ga, Northwestern 2A
and Pump /. Chicago. Burlington y
Quincy sold at 23j. as compared with 2O
when last traded In last month. There
was rallies before mono.
Bonds were steady at noon.
Waycrlng Of the tlanscontinental group
did not interfere with the confident buy.
ing Of some OF the southern stocks, High
priced specalties such as Sugar and Met
ropolitan Street Railway were also alb.
sorbed In great quantities Erie second
preferred forged upwards TO 6gh but the
other prices Louisville & Nashville and
noon prices. Louisville 81 Nashville and
Atlantic Coast Line improved lH and 3ls
respectively and Metropolitan Street
Railway and Hide and Leather preferred
each Sugar brought lH, and the Unit
ed states Steel stocks were well main
talned Realty gained Sh and Kansas
City southern preferred !.
Hchmaygg:pre-,