The St. Louis Republic., 1900-12-08
city of 81. Louis,
y Corrected daily by Gaylord. Blessing e. Co IN
New York Market Gossip.

regard
was received by T. Il. F'rancis, Er". 4 Co:
teller Of many $, cSs. about 2o..o5 in all. The
selling Was n.stricied by TIC d,cne IN, IN New
muo!; stock without forcing prices below The
Atchis5n common w.s sold heavily hy IL CON-
t'nt Il Co. AMI one of the bear traders circulated
CLARK Dodge < %. hough; tae stock steadily
from SSis 10 s. taking about 800 shares. This
hnyins WAS believed IN the i"aiG :. bo for IN
Nearly all the room, traders wrre sellers Of
stocks from the opening. Lasing iher sales on the
prevailing unaasin"ss about tao money situati II
and on the probability Of II heavy loss In reserves
nag interests thought ;hat the han ;tem Will be
hiaterla.iS rednc.d through effect loans made by
crease in reserve less ihan is generally expected
Bell & Co we're sellers 81 American TOBACCO
al Intervals during the day ami heIpci fore the
decline in ths rrice Of the stock The buying
Of any kind in regard to the CoirI@,ny-
Traders sold Unted States Rubber on the
dividend on the preferred STOCK 'o,day. The
tn. dividend Was believed the board tU mean
that the payn. nt Of the dividend has been de-
The coal stocl,s were weak with the rest Of the
list Jersey Central declining sharply on selling
Gently Reading first preferred was boiGht on
tho decline hy a. A. Houseman & 90. who
continued purchases Of Fries ny prominent
houses was acGGrIanied by reports Of set;lr-
reports were denied by officials Of the Erie COM
ndfy, nut houses into csted in thcs. stocks stated
that steps mad been taken establish har-
inonious relations between all the coal-carry!ng
and producing companies.
T. G. q !. had a further decline in the first
hour on renewed selling by the traders
who were active in depressing the price before
tho declaration OF the last dividend. When thu.
stock forced below So the buving was
mostly covering Of shorts. The activity In the
lov priced securities 10 extent du. to
the diversion of speculation from hirh-pricei
shares b. oalsn of uneaSinssS in regard the
money situation. The speculative element was
disposed take these stocks because ordinary
margins sufficient To ray for them
right and 20 avoid the necessity OF obtaining ac-
commodttiOn To carry them In quarters
had not participated fully in the recent ad-
vance.
Activity ard strength IN 81. Louis and San
FvlnCisco issues attributed TO STANDARD oil
buying IN connection with a plan to make closer
relations with the Kansas and Texas system.
crowd and most Of the lenders tried to obtain :
Per cent. while borrowers not willing 10
pay NOR" than "a. There was calling Of
loans but not enough &" create general disturb
auc"
Iond cables as f,'Ipus:
London. l.fS p nth" distribution - dealings
in American railway securities is unusually vice
covering % different issues. Prtcss are ir-
regular. with range of u Pc. cent and the mar
ket is very active Denver and Rio 'iraude pre-
fsr-ei exceptionally. shows advance Of y
Ter cent over yesterdays closing prices at New
York.
London. {: ?. ma supplementary vote Of .Is-
to-day.
IOndon-Raining heavily in london and 70
curb business expected. Rubber heavy or at-
verse dividend rum0rs.