New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-12-20
CHARACTER OF TRADING.

feature Of trading was heavy buying Of the
general list by active professional traders. who
have recently been operators on the bear side
Mr. Keene was said to have purchased an enor-
nous amount Of stock and reports Of Keene buy
inc naturally induced heavy covering by the
small fry" The majority of room traders took
the bull side early in the day and subsequently
sold but in the afternoon they were again buy
ers at advancing prices. Commission houses were
large buyers in the last hour. Stocks, such as ST.
Paul. Burlington, Louisville and Nashville. South
ern Railway preferred and the Pacific issues were
in good demand from commission houses for specu-
lative and individual account Boston was an
active buyer Of Burlington. The coal stocks were
bought by Talbot J. Taylor e. CO. the firms pur-
chases Of Delaware and Hudson and Jersey Cen
trail being estimated at 10000 shares. Large cash
transactions were made by Flower brokers, who
were active buyers of the Flower specialities
throughout the day. The cash business in stocks
was an important feature commission houses re-
porting enormous purchases for customers who
pay for stocks and take them out of the Street
The better feeling that prevailed in the late deal
ings was maintained right up to the close. all
markets receiving strong support. and A rush to
cover caused a marked advance in particular
lines Short purchases Of Tennessee Coal and
Iron caused a rapid advance In that stock, while
the buying OF Pacifcs and Vanderbilt stock was
believed 10 come from strong inside sources. The
fact that money easy and plentiful helped to
stifen prices and the tone was notably hopeful
and confident.
Some Of the buyers and sellers were Wasser-
mann Brothers bought National Steel; O. b. Bridg-
man sold II. J. Imbrie, c. A. Harmed & Co. Filing
wood & Cunningham and Ladenburg. Thamann &
Co bought Sugar; l. Spiegelberg. A. *. Chaplin,
Rolston & Bass and Jewett Brothers 1000 sold.
II s Sternberger q ,OOO sold Reading Smmonds
e. Slade q oOOl sold Continental Tobacco preferred.
J. NJ Amory & Son bought Brooklyn Rapid
Transit Halle & Siegtz G,000) bought Federal
Steel. P. J. Goodhardt & Co and Strong Sturgs
& Co bought Hoop common f. de c. Chisholm
q OOo) sold. Halle & Stieglitz $1,000 bought Atchi-
son preferred w. c. Sheldon e. Co bought Re
public Steel preferred: Hopkins Brothers sold A.
Thomson bought Tennessee Coal and Iron; Hopkins
Brothers sold. Price Mccormick e. Co bought
American Tobacco: Mendham Brothers 0.0O0) sold.
A. NJ. Hunter 1000 and c. g. Parsons sold Leather
common. ]. W. Davis & co. 1000 bought South
Pacific. Halle & Stiegltz (2OOo) bought St.
Paul. Bell & Co.. f. A. Mauriac. r. Woral q OOO)
and Ulman Brothers bought Brooklyn Rapid
Transit; Seymour Johnson & co. and T. J. Taylor
& Co. sold Keep Keen $1,000 sold Missouri Pa
cifc. Halle & Steglitz 5000 bought Chicago
Burlington and Quincy. Halle & Stieglitz u 5OO)
bought Pacific Mail. r. II. Bissel e. Co q 500 sold
Peoples Gas McGovern & Co (5.0OO) Price Nc
Cormick & Co. (25OO) and J. w Davis & Co
10000 bought American Tobacco: r. II Bissel
& CO. $1,000 and L. Levy & Co. (3OOO) sold T. b.
Williams 1000 sold Louisville and Nashville
Strong. Sturgis & co. bought Chicago Burlington
and Quincy. London sold ST. Paul o. B. Bridg
man sold National Steel common Halle & stieglit7
5000 bought Peoples Gas, Brooklyn Rapid
Transit 6,OO0 and Burlington (sO0M Kaecb
Loew & co. (2,50O) bought American Tobacco
Strong. sturgis & co. C2.O0O) sold. Halle & stieg
litz $1,000 bought Atchison preferred F r Anne.
1000 sold Chicago. Burlington and Quincy. J. F
Carlisle O.5oO) sold Sugar Refining