The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-01-23
IT IS STILL
'AD AND STRONG
10 Reap Profits Con-
I'd on an Extensive
Scale.
aEALIzING IN
hon PACIFIC AT CLOSE
Makes a Five-POint
Il, Which Adds to
Feverishness.

- DIRK. Jan. o--The market gave
4 s vidence again today OF breadth
.,. 1gth. Notwithstanding the con-
re fonu-tnkinC on n very large
ssaerc was n suggestion of the
III fessional share in tho market In
I, Anatic way In which tho selling
~ roflts was conducted, and In the
II regard OF the effect OF prices
= selling. Tho same thing was
- by the sudden way In which
Socks moved upward. being gal
b sby the passing OF enormous or
pugh the markets individual
=, very large scale. The volume
lactions showed some shrinkage
al weeks average Of transactions
~ attributed in part TO the inter
OF wire communication with the
\ A very large participation In the
a market is supposed to be due to
u operators and the decrease In
3 Through tho cutting of OF com
efIona was regarded rs probable.
was also. however. some uncer-
aroused in speculative opinion by
SIy obvious way In which heavy
lis OF stock were fed out TO meet
Z wing public demand.
not until tho more general al
' the latter part Of the day that
sGling showed signs OF being dlssl-
= The violent advances In one or
ks recurring frequently for some
-rst have given rise TO a feellng OF
\ : over the possibility OF a corner
: night bring the advance in the
7, TO an abrupt end. as was the
|, the time OF the Northern Pacific
.f1ida and Reading are the stocks
Fry pointed out by the conjectures
Irind. When they fell back during
I ling dealings the effect was bcne-
10 the rest of the list. The con-
.rs views reported in the direct
lrf some OF the coppcrs. whose
!, early dividend increases served
a b 10 the violent speculation In
- --these, the American Locomotive
'Soing n notable example
- States Steel seems to be re-
i by tho uncertainty over the
Trs policy regarding AN carly re-
: 4 of dividends. Union Pacific and
- ated Copper were the notable
4 n profit-taking. Southern Pacific
, the advance. st. Paul, on the
ssad, continued an aggressive ad-
= sun Saturday, and reports were
, n,tion that the plans for financing
's coast extension would soon be
sssd.
q announcements OF new Issues
No q
n such tendency Is likely TO
feature In the future OF the Sc
larket
J officials were strikingly uuani-
II their report OF nm easing OF the
Il lion all over the country The
condition was attributed more
markably favorable weather for
than to any decline In traffic
tvement OF gold TO Mexico was
!Innd q new explanation was sug-
RID the assertion that the ship
!, r,ere I'm reality for account OF
/. I'd designed to meet the coinage
- snts OF the French Government
- exchange today was strong
Treasury continued to yield large
l. .he money market and rates con
hsy. The news or the coming
Jpn of 100000 OF the Japan loan
lure consequence 10 the money
In which large amounts of Japa~
IDS are on deposit. including New
p
7, Iewal of heavy realizing in Union
nd Amalgamated Copper and the
y squirt In Reading helped to un-
GO late market and the closing
-. Irregular and feVcrish.
were firm. Total sales. par value,
8. United States bonds were ali
I'd on call