New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-01-04
CHARACTER OF TRADING.

After short period of strength in the morning
the market sold off local realizing sales. foreign
selling and bear pressure. Dealings were large
and well distributed with special activity in
American Tobacco. Sugar Refining. Brooklyn Rapid
Transit, Union Pacific. United States Leather, New
York Central and the Steel stocks. New-York Cen
trail was strong feature good buying. Con-
sohdated Gas, light transactions moved over
a range of nine points in a most erratic manner,
and closed at net gain of 2Ia points. Brooklyn
Rapid Transit did not respond bear pressure. but
the railroad stocks in general furnished many sub
stantial net losses All the actual of the day
was favorable but bear traders succeeded in circu-
lating number OF unfounded rumors. chiefly con-
corning the foreign situation Bear traders appar-
emily had direct wires to South Africa Berlin Lon
don and other points where ominous clouds were
said TO be gathering. The London selling was a
factor in the market for the greater part of the
DAY. Brokers for bear cliques took advantage OF
this selling. and hammered many stocks while il
was in progress, and there was some liquidation of
speculative accounts Brokers handling many buy
ing orders said that the great bulk of the purchases
was for investment account
New-York Central was bought by brokers openly
representing Vanderbilt interests. Van Emburgh &
Atterbury took 5000 shares. F. P. Freeman & Co.
LOCO, II. c. Campbell 1000 and Rogers & Gould 600.
Strong, Sturgis Co. sold early in the day, but
later turned buyers. Metropolitan advanced on in
side buying. Bear traders did read the Gov
ernOr's message. but they heard that certain rec
concentrations had been made regarding trusts and
In consequence they hammered the Industrials. In
the last hour traders active sellers of the
whole list
Some of the buyers and sellers were: H. Clews &.
Co. bought Wabash preferred. F. F. Ames bought
New-York Central; Strong Sturgis & Co q O00)
sold. H. S. Sternberger sold St. Paul: scattering
bought H. Content & Co. (2.5OO bought Sugar;
Spiegelberg (.OOO) Harris & Fuller A De Cordova
Company sold. j. NJ. Amory q COO sold Sugar Re
fning L. l.. Benedict COCO and c.. w. Gould
Q,0oO bought Peoples Gas; F. F. Ames q COO and
scattering sold. Van Emburgh & Atterbury bought
NewYork Central: A. A. Housman & Co sold H.
Clews & Co bought Louisville and Nashville Dick
Brothers and Halle & Stiegiitz $500 bought Brook
lyn Rapid Transit A NJ. Kidder & Co, Provost
Brothers. Sutro Brothers and Parkinson & Burr
bought Union Pacific common; Russak Brothers
and e. c. Anness sold. w. B. Lawrence & Son sold
Tennessee Coal and Iron. Moore & Schley q OGO,
F. w. Savin & Co and Strong. Sturgs & Co.
bought American Tobacco; F. L. Segsberg and
Price. Mccormick & Co. sold. Andrews & Crisis and
NJ. c. Bowler bought ST. Paul: London sold l..
Levy Van Emburgh & Atterbury, Ellingwood &
Cunningham, o. s. Loeb, Hopkins Brothers and
R. H. Bissell Co. bought Sugar Refining: Sey-
mour. Johnson. W. B. Wheeler Fl. r. Imbrie D.
Bacon. r. H. Thomas, H Content and c. 1. Hudson
sold. Van Emburgh s. Atterbury (2OOO bought
Atchison common. d. Barnes Q.0O0) w B. Sane
ton H l. Judson & Co. and traders bought Leather;
A. De Cordova & Co.. w. r. Houghtaing scatter
Ing and R. H. Combs 5000 sold Ellingwood &
Cunningham and j. NJ Shaw q COO bought Republic
Steel W. r. Houghtang sold. Scattering bought
Chicago, Burlington and Quincy. London sold
Union Pacific common ]. c. Humbert and w D.
Hatch bought st. Paul; Magoon Brothers sold R.
H. Bissell & Co. 5000 in alb bought Sugar F. L.
Seligsberg bought Tobacco; Price Mccormick &
Co. sold. R. Waller Jr., sold Union Pacific. H. Con-
tent sold Continental Tobacco common Halle &
stieglitz $1,000, Bell & Co. and H Content & Co.
bought Brooklyn Rapid Transit; j. w Davis g. Co.
and F. w Savin& Co. sold. Halle & Stiegutz
(2OOO bought American Steel and Wire