Omaha daily bee., 1900-12-13
MOVEMENTS OF STOCKS AND BONDS.
Outsfders' Awakened Interest shown
by ACTIVITY In Dormanf sccurIiies.

NEW YORK, Dec. 12-Activity in a large
number of unusually dormant securities
increased interest In the stock market
on the part of the outside public. Gains
than In the usual market leaders and ex-
tended TO points in some cases.
,ha 1efneraiIy fnry speaking the market during
strength with speculative interest radiating
from one group of stocks to another. Fac
tors which contributed to the days rise
lncluded traffic statements for the first
week or December, embracing all sections
or the country and showing substantial in
nave not exceeded per cent and that to-
oay the highest figure made was 5it, which
tape read OF to per cent before the close.
the absorption by the subtreasury on in
ternal revenue collections and transfers to
ban tne interior ,l the tn banks thus far this week
nave lost $3,2O,0OO Rates for sterling ex-
Snange continued to yield, sixty-day bills
aecnning &c. 1t is understood that the
sidered by a prominent institution on the
OASIS or allowing interest on the money
while In transit. With this relief APP
parently 10 sight, should conditions become
stringent In the money market, speculative
pools became active and forced considerable
covering of short lines, The market for
americans abroad was described as buoy
ant and the aTbitrage houses bought IS 900
snares on balance for London. This demand
was primarily responsible for the weakness
IN sterling, exchange. rates as offerings of
commercial acceptances were only moder-
ate. AT the outset of business the coal
stocks were the principal features and gen
orally got well above last nights close on
an enormous demand These properties
later on showed the effect of heavy realI-
zauons Heavy buying developed In the
SLOW stocks, owing to encouraging reports
OF the trade outlook. Tin Plate made the
extreme rise of 27s. but Steel and Wire was
the most active and good second, with a
gain OF PA. Satisfaction over tho annual
report published by the Brooklyn Rapid
Transit il company promoted a demand for
.ne stock and strengthened all the fractions
temporarily. There was very heavy buy-
ans ,ng sd ad, intervals in the grangers, Pacihcs
ana some or the southwestern stocks, with
burlington, Kansas & Texas preferred and
LoIisvii,e 1i especially prominent. During the
had ceased, tho demand showed signs ns'"s Of
exhaustion and prices were Inclined to
yield. Not much Impression. however, was
ana there were a few strong spots which
Kept the general market pretty we'll in
check Unusually large dealings In the Lake
ERIE * western stocks caused rise of 4li
S1s. respectively, for the common and pre-
ierred and New York, Chicago 81 st. Louis
nerease s efefrsd ef ns jumped sn points to 1875 An
semi-annusl dividend on the Minneapolis
riss 81; T., LOUIS 30 common stock resulted In a
RAID was made on Tennessee Coal and the
stock broke 4S per cent on a rumor that
te In ssion and
This movement unsettled the entire mar
aet nina dnd prices p fell away rapidly, averaging
ana extending to 2ls In the specialties, Tin
Plate being most affected. When IL be-
came known that the report of dividend ac-
ton on tennessee Coal was unfounded the
stock rallied points and all other stocks
recovered somewhat, speculation leaving
OF strong again and active.
BUSINESS In bonds was very heavy and
notable strength was displayed by Kansas
q Texas issues. Reading As got Up to 93K
early, but lost practically all the rise in
sympathy with the decline in the stock.
RealiHing sales depressed the Erie issues ali
day. the general Is closing point Off. The
market otherwise was uninterestinR and
irregular. Total sales, par value. S5' '07o ooS
United States refunding 2s, registered. adj.
vanced u and new IS 4 per cent on the LAST
call. " o '"''
The following are the closing prices on
the New York Stock exchange: