Salt Lake Herald | 1897-12-13 | Page 5 | London Stock Exchange

LONDON STOCK EXCHANGE I American Securities lead With A Advance London Dec 12 Discount rates were maintained last week and the supplies of money promises to continue con-tinue scarce well into January The stock exchange was stronger and more active American railway securities led the van with a nearly general advance Even British railway rail-way securities participated in the news that the threatened railway I strike was averted and the cotton trade dispute settled I Among the internationals South and Central American securities were well supported There were substantial increases in-creases in Venezuelans which rose 6 points American securities were decidedly busy particularly the speculative kinds President McKinleys message to congress has made an excellent impression im-pression though the postponement of currency reform is disappointing Atchison Topeka Santa Fe preferred pre-ferred advanced 3 points Southern preferred 3 t Southern 5s 3 Northern Pacific preferred 2 4 L N Illinois Central 2 Chicago Mil waukee St Paul 2 N Y Central 2 Ches Ohio 4s 2 Denver Rio Grande lets 2 Denver Rio Grande preferred I1 Erie Ists 1 Lake Shore Michigan Southern 1 Norfolk Western preferred Ph Pennsylvania 1 ½ Wabash i1 Wabash 1 t Canadian Pacific preferred shares rose I4 Canadian Pacific Ists 1 and Grand Trunk shares on the strength of traffic returns rose 1 to 4 points