The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1895-12-21
LET ENGLAND
DO THE WALKING
Sympathetic Stock Furry
ol Wall Street a Mere
Product of Unreason.
ONLY TWO FAILURES TODAY
Buying for Investment Rallies
the Market-CalI Loans
Fairly Easy.
USUAL SCENES OF TUMULT
Ladies Gather TO See the Gambols
of the Bulls and Bears
AmicabIe Message from
England.
USUAL SCENES OF TUMULT

NEW YORK, Dec. q, 1S95.--Wall street
witnessed another exciting scene this
morning when the Stock Exchange opened
for business. Long before the hour for
beginning business large crowds had
massed themselves in the circular CALLER
les, standing in rows of two and three
deep. An unusual number, of ladies were
present and the Exchange presented a
aively spectacle.
The operating brokers, looking grim
and worried, were about early discussing
with much animation the critical situa-
fion. 1t was generally believed that Presi-
Aent Cleveland's message to Congress yes
ferday on the financial question would
have a tendency to revive confidence.
The bulls and bears were common in
their declaration to try and steady the
market
All sides seemed better prepared to-
day, however, for existing conditions than
they Were yesterday when the sudden
onslaught of English holdings swept so
many off their feet here
Immediately after the chairmans gavel
announced the opening of the market
there was a repetition of yesterdays
wild scenes. The various posts were at
.sonce surrounded by tumultuous crowds
and operations began with an exciting
scramble. The confidence anticipated did
not manifest itself
There was another smashing of stocks
.sall around as stocks went lower and
dover, a feyerish feeling began quickly
ITO spread among the operators. There
lseemed nothing to encourage a better
.otbar dsr Of srreat Losses &c foared
There was repnlar elanghter of COR
4ai, sao,,-i+;,s s,.;rr. ~ 60 49,, ,r,;r,
ss,ts Of b,,s;ness by b,ol,o,.s ,,7,osa c,,s+o-
.mers failed 70 resnond IN last NIGHTS
calls for add;tiona1 roareins Tn tbe
smash aft the openine consol Gas which
closed at 14415 Yesterday. sold down TO
s136: Lead preferred dropped to rs, Dis
filling. 6h to 8; Lead. common. to 171h:
New York Central, 4ss to sO1k; Southern
Railway. preferred, 3A to %; Lake Shore,
n to 139; Sugar, 3s4 to 92; Cordage, guar
anteed. 13 to 12 Canada Southern to
AZ; Big -Four. 61s to %; Chicago Gas, 51s
TO 57A; Northwest to 931s; St Paul, S%
70 601E; Rock Island, 81 to 6OA; Omaha,
to IL, and Leather. preferred. AS to
pS1s
good deal of concern was mani
Nested IN the reports from LONDON as to
the "ilhora"ai ol circuits ana especiaiy
70 ehe luiiioieu aclion VI the r.oeis-
''s sllaas u .lie md , No.iiins S oenrnile
Souiu pe iearheo' put the iace lhat hoh-
uon was asam iiuefai selIer u our
go, isn, 80 - a,.ou ~ s.e ae - - .
:. - -, e %.
.ss,,,s,,ts ,f .s- s ;,,,;,-;a,,a,
hut ttaronsb invastieat;ar daraions u4,., 4,s
rsct that wb;,a losses bave heer ,,o..-,,
NJ other concerns have .sotnal,v -o,,s
nader
rewards eleven o,cIocl< tba se,l;ne now
er exbausted itself and There was ou;ck
recovery of to nor cent In tbe rally
distilling got back to 13. sugar to 94A
Jersey Central 70 % lead to % nreferred
10 ~. Canada Southern to AZ Rio Four
to 20 Rurlington e o,,incv r. "a c,hi-
cago cas- ~ ea Norfbwest ~ o51k G.
Paul to e21h I.o,,isville ana N.sb,,,I,a
- h1a. o,,,ana =, 991l ara ,aot,,o,.
ferred ~ s,M ~ -s'-s-' = =
Ia,ao,, ho',..+ eo- a.a,- .,-
tto o,,o,.ss,.- 49, ~. -
-. - ope--4'ie, -. o''is iau ~ speoiai
SO -e4'.,Aeaee' @ =. 90 oonsiuei eu 70 pe
eie.s ~ sne puipoSe y soNeline snorl
coiiefaels put oul at consioeraDly higner
prices.
government ponds opened at declines
Vi 72 per cent nalfWay mortgages were
weak ana ioWer IN tne hrst hour. me
decline in prices ranged from l to per
cent and was wei distributed. Foreign
shouses were again heavy sellers
Call money opened at 25 to 80 per cent,
but there was no business reported at
these rates.
The failure of Hatch Brothers was
announced at 11:15 A NJ The firm con-
sisted of W. D., Hatch and Horace
Hatch, with the former as the Board
member. The firm conducted its business