Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-12-04
Stock Market Closed Dull and List
less, but Strong.
WEEK SHOWS GAINS In THE LIST
Sugar Was the Predominant Feat.
ure for the Period.
GENERAL MARKET REPORTS
'peciai Dispatch to The Evening Star

Special Dispatch to The Evening Star
NEW YORK, December I-The trarsac-
TORS on the stock exchange today were
devoid of any particular interest and con-
sisted simply of room traders manipula-
ten and small commission house trading
1t was very dull and the tendency seemed
to be to wait.
London was better but there was very
little done from that center in the local
market
Inc opening quotations showed very little
chahge from yesterdays closings. but
prices soon commenced to improve on in
tervie~s from different representatives in A
morning paper to the effect that Congress
would let Cuban affairs alone. There was
some more realizing on the rise which
caused prices to weaken q little. but pre-
vious to the close they commenced to get
better and closed with but very little
chahse from opening figures, and if there
Was change it was for the better.
oh the denial that the appellate court had
handed down its decision regarding rand
transit which had been reported yesterday
as favorable TO the Manhattan Comnany
that stock opened lower on selling by those
operators who had believed in Yesterdays
rumor On the decline there was the Same
pool buying, which resulted in a return to
the price OF yesterday.
sugar as usual, attracted most of the :.t-
tehtlon OF he list, and after rallyiny az tho
opening. it sold off on continued reaIizine
ana closed about yesterdays closing
me reports OF railroad earnings for the
iourth week or November continue Very
large, the latest being that of the Chesa
peake and Ohio road. which shaved on l.,
crease of S16tiS4 80 "
FOR the week just ended We have had
some active trading in stocks and an I'M
GroVeihent in the street as regards intaro.,
III speclaltles. The week started with a
continuation of the traders buyiug stacks
where they left off last week. aud later
inns movement had spread to good com
mission buying, and about Wednesday large
interests We're noticed at work in the mar
ket. The extent of this movement was an
ADVANCE in the price Of all securities oy.r
last week. The reason of this rise was
natural, but the extent of it was very dis
a,,oiii'Ihs, considering the encouraging re-
Ior's. But then We are on the eve of Con
Sress, with plenty of talk as To ,yhat maj
body VIII and will not do
As 10 tie news during the week the all
touiicement regarding the Rock Island re-
lufolng deserves the most consideration
on account of its saving to that ,c~nors
tIon and the likelihood of its appIianoe "a
cther roads. 1t was the price of these nov,
per cent bonds that started the advance
ana activity in the bond market that was
SO pronounced during the week
sugar was the active stock during the
week. with transactions showing some very
great changes. The different announce,
ments by the Treasury Department con-
c1rnIng several duties on imported sugars
has caused some violent iluctua tons i'm this
STOCK. and the result is much higher price
for the week.
The granger shares all scored a rise. for
lhe week. and the continued large crop
movements have made the sentiment re
garding this group very favorable to better
prices.
FOR the next week it is very likely We
viii see moro activity. for the openins of
Congress will undoubtedly encourage both
interests.
Inc hahk statement shows no important
changes. Banks have gained only little
over $i,on.HW in lawful money and have
increased their loans nearly S;.50oopo; net
result brings surplus down to Sd l22 gr,
FOLLOWING is the statement: Reserve de-
crease. $iS1.91'; loans. increase 81. 416.5nu:
specie increase, $S59,3o0; legaIs. increase
SS2I.on; deposits, increase, SILL 100: cir
culati0n, decrease, 500, 100