New-York tribune., 1900-12-23
THREE RECORDS BROKEN.
FHE GREATEST SATURDAY IN THE HIS
TORY OF THE STOCK EXCHANGE
-1,O06O4o SHARES SOLD.

With money still easy in spite Of the enor-
nous trading of the last few days. with the
outlook still highly favorable for continued
industrial prosperity throughout the country
and with Christmas cheer in their hearts and
the fine big Christmas tree before their eyes on
its lofty platform erected in the Board room,
the brokers of the New-York Stock Exchange
yesterday bought and sold stocks never be-
fore since the Exchange opened it's doors.
There are only two hours of trading the
Stock Exchange on Saturdays, but in those short
two hours yesterday 1,006040 shares were sold,
the total transactions exceeding the figures of
November 10 up TO yesterday the record Sat
urday," by 137. 900 shares The dealings for the
first half hour and the first KSur wsg,e aka
great 20 establish new records for those
periods.
The market opened with a tremendous rush.
There were wide openings" in about half a dozen
issues-Sugar. Tobacco, Brooklyn Rapid Transit,
Southern Railway S. Paui-and the whole list
showed advances as compared with Friday s
closing quotations ranging all the way from
fractional gains TO 4 per cent The volume of
business was so overwhelming that the special
ists' had TO refuse all small lot orders The
Granger stocks were especially strong, notably
st. Paul as we'll the Southwestern group;
and in the industrial class Peoples Gas, Sugar
and several others made substantial gains.
Brooklyn Rapid Transit was another exceeding
" strong feature. Business kept up its tre-
mendous pace all through the first hour
London a heavy buyer, the purchases for
that account being estimated at from $4,000 to
75OOO shares The out of town buying and the
local buying were in enormous volume, and the
steadily upward trend of prices combined with
the appearance of favorable bank statement.
finally caused the shorts to lose heart and run
to cover There was profit taking on a vast
scale the effect Of which naturally to pro-
duce temporary recessons; and in some of the
issues the close showed small net declines for
the day. But the general list maintained its ad-
vance and the market closed strong and
buoyant.
The sales of bonds were in keeping with the
large business done in stocks, the total amount
being So, ,461, 800 (par value).
The largest net gain yesterday. 5$s per cent.
was made by Sugar. which closed near the top
at 14034 Brooklyn Rapid Transit went to S49s
and closed at S3&, a net gain of So per cent
ST. Paul closed at 1869, net advance 29s per
cent Peoples Gas closed at 1O2, Z per cent
under the high price of the day and rs per
cent above Fridays last quotation. Illinois Cen
tral gained Y. The Erie issues declined frac-
tionalIy Manhattan and Metropolitan each
gained "a per cent. st. Louis Southwestern pre-
ferred gained y points, Texas and Pacific Us,
Missouri Pacific 5s Missouri Kansas and Texas
preferred q.
A wear ago last week the stock market was
gloomy and depressed under the influence of the
.'December panic" Some of the prices prevail
ing at the close on December 49, 1899 the panic
day" as contrasted with yesterdays closing
figures