The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-04-10
TAX IN PRICES
I'm WALL STREET
Il, Of Relief for Strin-
,.ucy in Money Market
II Is Cause.
,IEADING STOCKS ARE
STIIL WE'LL SUPPORTED
.ument Crop Report Is
|nited With Interest by
Traders in Wheat.

/ vnRK. April 9-It was not until
4 ,hs trading that the lack OF relief
-,r,,eency in the money market
appreciable effect on the tone
E.ox market. The break In prices
!. the last half hour. A hard,
Il. surface was presented up to
- in spite of the high rates for
The rate OF renewal by the
4 |I.,sraIIy was 20 10 2 per cent, al
some loans were made at q per
r,., weeks many rumors of heavy
|.-eagements for import to be Sc
,raav eyentuated in n single en-
~ Of 100000. This proved 80
!, of the speculative expectation
a ave rise to the sharpest selling
|-<nt of the day
-.,nmulation of selling orders over
IA NJ The week proved to be light,
a. orofeasional party committed 10
ssowed no sign of being shaken
nns,r,on. The small offerings dur
4. carly part of the day were we'll
"A snd while no disposition was
1. "a iHaugurate an aggressive ad-
number of leading stocks gave
- Of being supported. In Uhlon
4 me supervision or the stock
A dsEgned to hold it's rise. large
Z. sSrearing about 15G, while a rise
y price 10 Sl5s15 brought out
sling. which was attributed 10
n mount. The action of this stock
4 IN representative of the specula
Z -, observed In the general mar
+ 'istk TO protect prices from dam
~ waiting an omelioration OF the
- NATION.
"a Tor the gold secured for import
~ occlIrTed TO Indicate any factor
~ toward relief in the money mar
Discounts hardened abroad.
r'aTy IN London and Berlin, the price
q vas marked up In London and
"a Exchange dropped at Paris and
~ York Foreign exchange. how
(6fougiI the sub-treasury OF 500. 900
.1 Francisco, marking the further
|z5.d course of Japanese funds
q; the loss by the bank to the sub
m for the new bank week up to
I'D compared with a loss for the
|ftme last week OF s9G5, 900
ept- treasury also had n credit at
Earring house this morning of over
! million dollars. The publication of
~ from the Comptroller OF the Cur
h for the statement OF condition
hi.onal banks as OF April 6 was
va as removing one OF the
\ which may have restricted the
|3or OF National banks in the de-
b b prepared for a favorable show
response TO this call. Part of the
Z demand for cash which has
d 10 deplete cash reserves has bcen
q TO be prompted by the prepara-
q the ComptToller's call. Reports
railroad officials conceded some
70 have been produced on traffic by
alton of conl production. and
-ng attitude OF reserve In some lines
Eszfhcture.
adjournment of the anthracite coal
Ez1se left the day without any Inn
:! development In that matter.
-Enuw's Government crop estimate
n1led with interest as affording the
|laela percentage bnsis on which
En az estimate OF the winter wheat
Ihe unpromlsing outlook for money
E much as the actual stringency,
y TO prompt the liquidation de-
d In the last half hour of the trad
hnctically all OF the days losses
Eede In that time, and the closing
1nk.
u were heavy Total sales. par
k4l0.00p.
"a States Is and old Is declined II
- new is u per cent on call,