The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-10-28
IRREGULAR TONE
IN STOCK MARKET
Principal Cause Doubtful In
depreciation Placed on Pre-
vaiIing Conditions.
DISAPPOINTING SHOWING
OF UNITED STATES STEEL
Tense Situation in International
Money Markets Has Been
Somewhat Relieved.

NEW YORK. oct 21.--1he feeling Of
uncertainty which has invaded the spec
Lation IN stocks was manifest in the
Mating aud irrcguiar movement Il prices
today Tie principal causes were found
IN TIE doubtful intsiprei ia ton 10 he placed
On the quarterly statement NJ the United
States steel corporation and in the prob
lam of the International money uaTko Is.
The sense of disappointment with the
a,,,coroe OF the United States Steel meet
Ing was not disguised I'm speculative
.,'arters The Ell It WAS seen IN the
selling orders which carried Inc price
downward during the morning. the tn"
irjnsic strength of the steel trade posi-
lion which was IcNea!eI ay thc cprrpra-
tons quarterly rco0rt was reooeni2eh,
huf the unprecedented price TO which the
ssoc,, has ucen lifted and tho assertions
,hs, have teen pat in circulation OF the
facts which were 10 II" disclosed by inc
quarterly report had led - AZ, cNprcta-
lion OF an unpr%ce isuted showing in the
This the report did not show As a
consad,iuncs supporting measures were
fornG necessary 20 prevent the price OF
.be stock from running 81. II was init
mated that some hn2n"iPl plan which
was Ia account for the r.se ia steel IN
stead OF baing acted IN at Yesterdays
meeting. Is simply held IN alb vance. OF
hclals OF 'hc corpoIa'lo were disposed
10 rrown on 'his suggestion without Of"
lcrng any definite s'atem"ut Oh the
subject
the resumption "s special apUtopria-
lions for additions 80 property was read
aS contradiction "t reports ~ al In
.,eution 10 fund such pas appropriations
into bond issue
Developments ~ 'bc money market
were called favorable. ard au easier tone
was pcrccptiblc boz. f.r r'2 and tine
.fnnds II tccsmc kuown ihat ,he city
vi New York has -r""i"" tn" sale re
c.nty NJ large amuUuts Of revenue war
ian,s and placed them with purchasers
in Paris. This has tho elect Of pIcvid-
ite fcr 'hc maturity 7' similar warrants
Ia The amount Of S2".'oo nOo which arc
led abroad and which fall due NoVem-
hcr l. Foreign eNch2Ugr after running
~ H the morning recovered strongly
God flowed into Ipe Bank of England
ord Il rise in ih" priv1t" discount rate
in London Jestned ID" rho growing ef-
icc,reness uf tnc bank .atc. The easing
~ lhe locai money market sent stocks
Upward IN the latter rart nf the day. and
r,osin- prices were well above last night
Bonds were Irregular. Total sales, par
'slre S$;'io.OCo. United states thrces.
rcristered. and tbe fours coupon declined
New York Bonds.
L s IS reg. ..lOOl Ill Cen l ref Is. 90
30 coupon l00i Inter Met rs. S2s
L 5 is reg cs......l0l. Inter Al NJ ils COG
10 coupon ...l0l! japan Is ....... Sc
4s es.....llG do is ....a.. 80
30 coupon li6g Is = SO 1st 2s.. 12S
AlisCh lSt jS So !. Sh deb Is 1881 Hl4
Amer AgIi Js...lUl2 / & y Uu is.... 90
Am r 6 r cr is.lOil NJ. * &c T LIST is 90
Amer TobaC Is lUl do gen 4ls o.. 80
do 6s 1881 No Pacif Is 80. I99
Arnour & Co T. 9Sg MIR of Nix as. 9ii
Atch gen Is, 100 y Cen 34s. 90l
do 81 rs --...1ia do deb is. g5l
Do cv rs .....I19i, NY. MI & II Gs. 1I!
Allan 9 l. lSt is g5g y < w LIST Is. ~
Bait & O Is. ag DO cv Is ......lOO
lo S!s ..... g2s Nor Pacif Is ...1O2
do 5 w BIS so do IS .....-... -!
Brook Tt cv is. 81 O l. rfdg Is. %
Cent q: Ga 5s IUSs Penn cv SIS 1918 93
Cent Lcnth as. 9Sa do con Is ....l0il
CIR OF NJ IS 1853 Ecad gen is ..- 99s
g. O i.s.......Io%l StI, & 81 f. Is. ST
do ref rs log do gen 1s s... So
& \ Gls.... ~ ST Lou Sw Is. ~
Z. K e il l. 6jl do lst gold Is. 923
Go gen 4s ... 90, Scsb y l. iS.... 50
q. NJ & SjF S4s sSl South Pac col Is 30
CR1 FER IS 1Gt do cv IS .....i0@3
60 col js ..., g0i do LIST ref Is. 81
do rldg is.. Sgg South Ry 5s o.. los,
Colo Indus Us. . - DO gen ls..... 19l
Colo Mid Is " SO5 l. L Is .........l02S
C& = & * rs 81 do cv Is ,.....lll
K II ~ @s....10@ 10 ] and ref Is 96i
u 4 q is..... % T. : Rubber 5s. -
DO ref rs .. g@s I : Steel ID 6s. .lUj
Ds'iicls' is - NiG G c u.s., 913
Erie pr lien Is. ~ Wabash Ist Js ll2}
DO gen Is 60. 10! do lst and is 15.
II DO cv Is ser y. ST West Md Is -,.. So
DO cv Is ser z. III West Elec cv IS 9i2
Gen Elec cv 5S.li9 Wiscou Cen Is. aia