The Anaconda standard., 1897-12-12
THE WORLDS MARKETS
Daily Record of Commercial and
Financial Proceedings.
NEW YORK STOCK REPORT
Digest of Exchange News Mining Stocks
Metal Quotations-W Wool Prices and
Movements-Grain and Pro-
duce-Review of Trade.

New York, Dec. 11-To-day's stock
market reflected the tendency of profess
sional traders to close up contracts at
the end of the week rather than keep
them open over Sunday. and also a natu-
raj reaction towards higher level after
yesterdays relapse in prices. There was
some bear pressure against~priees at the
opening, Manhattan being driven down
11a and Sugar yielding u point after
small gain. But this failed to induce any
large selling and it became known that
yesterdays large liquidation had run its
] course for the present. The bull conttn-
gent prepared to offer vigorous sup.
port on weak spots and large buying or
ders were placed for the buying account.
Sugar was the center of the markets
strength and the firm resistance of prices
drove the bears to cover. There was q
noticeable sluggishness of the price move
ment in some OF the most prominent
shares of the market. Sugar was quite
buoyant and rose to within two points
of the highest of the week, closing with
a net gain of Ia. Its range for the day
4 was three points.
Besides the the technical causes for
the rise, the market was aided by the re-
curing possibility that Il decision may
be handed down by the supreme court ON
! Monday in the Nebraska maximum
4 freight rate case. Wall street traders IN
y railroad securities maintain an abiding
] faith that when this decision docs come
il will be in favor of the railroads, and
the fact that Monday is decision Gay
WIN li,c aupiSih .oait ,lft ntts.r
aas q uas u .iililuils WIN siie .,t - - - -,
the court in session. Assertions were also
given consideration that there IS grow
lhs posaApHlls U fsoiaoio aeulou ~
aohsress u, plia ~ pp9iiis ~
asaihst tiches sealpi"s' anu 1ii.s .SNsa tt
10 the strength OF the fallfoaas. 4NoIliein II
Pacific preferred enjoyed the benefit of
lhe Hrst aiNidehu aeslaieu .eoseluas ~
oiaer sihss eiie ieoi satii@,' oii ~ -. -
pany ana.oi lhe lavoIaple sldtsliehe I'm. NJ "l
earnings gwen oi, q. tue SAINT .'iiie. i ite
siisht rseessions iioln .ie ~, ~ ,nl
eloss were pfooapis iiiou'eu ~ 'io oeiiiA
Statement. , 4.
ne Ia " eiii iih"s. - - - -
due not aloie 70 me lalslhs ~ 5' 80 y . - -
RESERVE nm. ~ tile h.aNs sS 49, 49,
ueposils, out ps al a.eudi ~ - "a
cash OF sisolz, 'uo. Inc items y io"il @ all''
aeposlls' WIN tlis ii - ilele,se ~ ~. f" 80 :,
are ahecleu oy tiie iuI ehei pAs - -
account Oh lhe oilloil aoiila ~ ais. ~ -,
lie9 'eeh q iiios - -
-ouis anu NV Wv oileaiia a - l'tS q ~
Whlcn proDdDly ACCOUNTS Iol 1lle aF.i
III eash. -, - ~,
Inc price VI the :. =. ieN 70" NJ,
up ss per cent. ana OF the ora =. 1he
Week gains haNe peeii ituu.su. ,.. a.. o. "a a.
the case last week, by lhe pIout tahHlS ~
pfoiessiohai opeia.oiN oh ilal - ~
mahlpuialoh OIL the iiarhel ,s ~ NY la, aai 90
interest Wihch was i eil'a = ' nv ot'v,t -, ~
Duii canpaish' WAS very onNtou9 W. 49, -
the week anu strenuous .iloi - :. -, Ail,t'' - -
10 Keep the course ol piltss opNaiu ~ - .
vigorous support al MeaA p'l, poitea o." ., -
inclting shafp rises IN mum lutal sto.h ?
10 sustain the seheIat hst' Sun n ~ ~. -
reports set afioat 10 eheet tii9 latlel -
purpose cohlrddlcleo thehiaSiN.7 ~ y, ~ ],
course OF the Week; an. Aolhiiia t'at1 :
then prevent aeciille III tHe plioe "
tie p,t pa 1ie"tsse se ,rt.t irbI,..
.unsetihhg eHeel on Tue nidi .,'ts -
Sugar was pusneu up 10 if2a2 Oh lepoi .,i..S' -
that an extra dlNluehd on tile ' 9toSh " 40 -
tei amy io' -, -, - ~.
OF only the regular olNiaeii" oioNe s'e
price down beloW los. .,,-.
Inion racine was peEsisleiitlA Ne'h ~ =
account OF the pfesiaehl oiuet 10 ia :
the government should aualiH az q l.'i1., piI,,s
at the Kansas racine SAFE ana llls sIpSs- ~,
auent request tof a postpoheiieh1 - ~ nv
sale. The week returns ol run oaa 81 .at -
lnss nave nlade d ieiIal ha'i -