Salt Lake Telegram | 1902-09-26 | Page 6 | Tendency Upward

TENDENCY UPWARD Treasury Relief Measures Serve to Stiffen Prices PrIce on oil Wall Wal WallStreet Street Street NEW YORK Sept ept 26 Louisville Louisville made an upward up ru rush h of or 3 points In tho the opening dealings St. St Paul 1 IVi and Pacific Pa Pa- cHic Mall Mail Mal a point One or two Important Import ant speculative stocks showed ant declines declined but the general tendency was Wa upward gains reaching a a. large fraction in a a number of or cases Hope of or relief for the themon mon money l' l market by hy the measures proPosed proposed pro pro- posed by the Secretary of or the Treasury was the Influence In the buying Prices fell fel off of again when call caU money opened at 11 1 per cent cent The declines In volume did dil not nol make much headway and effective effective tive t e support of oC St SL Paul Path pulled the list of oC strongly and a I number of or representative represent stocks made gains of o 1 to 2 points pints Bonds were firm at noon The market maket was easier during durinG the tho noon non hour Louisville Luls ll and nd St. St Paul reacting a a point Trading became very vory ory dull dul Man Man- Locomotive an and Cotton Colon Oil 01 continued to haltan hattan American Car Pressed Press Steel advance In tho the face tace of reaction elsewhere Northwestern also rose 3 points The offer ofer o of Secretary Shaw to Government 61 at 1 16 Il did not meet with rith an Immediate rf response Ion In the tho market mark marke Meanwhile Manhattan continued to forgo forge orge upward and touched touche 13 while the tho Independent lade Inde pendent steel tock stocks and ana other specialties continued upward upward Before 2 o'clock fresh orders order appeared for Missouri Pacific Pennsylvania St Paul Piul Illinois Central New lew York Central Atchison J and ad Sugar Suar and und tin Un rose to the hl highest hEl There were advances by a few special special- ties tics but the list generally sold off or a as a the tho money moncy rate rato rte stiffened again Lead Iad Lad rose roso 3 the preferred 4 and W. W U U. over a point The Tho rea reaction lon ran to 2 I points for fer a Louisville and ad a 0 point or over In St St. St Paul Reading Pennsylvania and Missouri tire tive Pacific Pacific- and steady The Te coln closing was wa moderately active ac ac-