The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1900-12-22
HARD WORKED
STOCK BROKERS
Two Hours Trading on New
York Stock Exchange
Eclipsed All Former Records of
Similar Date.
BIG CHRISTMAS TREE
Provided at a Cost Of Several
Thousand Dollars.
Christmas Festivities Preceded
by Some Sensational Dealing.

New York, Dec. 22.-The annual cele-
bration on the floor of the exchange to-
day after the two hours of trading had
been disposed of ecIipsed all former
records. An enormous Christmas tree
had been provided, and several thou
sand dollars had been subscribed among
the members of the exchange to provide
a present for every one connected with
the institution. The galleries were
closed to the public and reserved for
the use of the friends of the board, who
were admitted only by a ticket. Such
preparations for a holiday celebration
are expected to interfere with the gen
era1 passage of business, but that was
not the case today. The volume of or
derS to buy stocks has not been larger
on any day during the recent expected
bull market.
An idea of the urgent demand for
stocks is afforded by the sales recorded
at the opening in some Of the most i'm
pOrtant stocks. The opening sale IN
Northern Pacific was in one block of
10000 shares at a gain Of a point over
last night. In other stocks the quota
ton opened wide, sales being made at
variation OF large traction In
Brooklyn Rapid Transit, 1900 shares
were recorded in the first sales; in St.
Paul and Southern railway 1000 shares,
and in Sugar $500 shares.
Such an urgent buying competition
forced some violent advances, Sugar
rising AS, General Electric A, Brook
lyn transit 3sz, St. Paul nearly points
ST. Louis and Peoples Gas from 2 to Us.
While the buying in these stocks was
rather cOngested, the market was very
broad and the demand seemed without
any discrimination. But business eau
ton was not altogether lost sight of,
and men on the floor began to sell stocks
to take advantage of the extreme adj
vances. This made a impression on
prices before the end of the first hour,
and there were reactions running from
one to two points in many active stocks
and extending to three points IN Cen
eral Electric. But new stocks constant
ly came forward into the advance, and
there was no sign of a development of
what is usually called a holiday market
Brokers continued extremely busy, and
had all they could do to execute the be-
lated orders, which were delayed in
reaching them in the excitement of the
opening dealings.
The confusion and disorder about the
exchange increased as. the hour ap-
preached for the festivities to begin,
and there was difficulty in restraining
the exuberant brokers from anticipating
the stroke of L. and keeping within the
rules of conduct enforced during the
hours of business on the floor of the ex-
change.
Chicago, Dee. 2-WHEAT-Wheat was
dull and steady today. Receipts were
liberal, cables steady and worlds snip
opened 1sGAc lower at 727sc, touched 1884
1737sc and then reacted to nc. Local re-
C61DtS were ll5 cars. 81 OF contract SIdQS
Minneapolis and Duluth reported SO cars,
against 412 cars a. week ago.
May later touched 731sc and closed firm.
unchanged, at. 73Q731sc. The market ruled
CORN-Corn was fairly active and
easier on good weather and the receipts
6S1 cars Of which graded contract. May
opened a shade down at 357sc and sold to
35s4c; January opened Ne lower at Sec,
holding steady, and December unchanged
to &c down at SS14@SSc, dropping sharply
May closed steady. &c lower at 5sNc;
January and December closed weak, the
former &c down at 357sc and the latter 1c
OATS-Oats were dull and trif1e easier.
May opening a shade lower at 23l@G9sc
and holding at that figure. Receipts were
248 cars.
OvIsIONS--Provisions were dull and
changed at $l2;20 touched SIPS and then
reacted to $12.171z012.20; January lard
opened unchanged at $e.s21s; holding, at
that figure, and January ribs opened q
shade lower at $6.2712, holding steady.
FIAX-Cash northwestern, $3.50; No. /,
81. SIS: December, S15S; May, $1.57.
RYE-December, 47c; January, 461zc;
May, 4914c.
ACKNOWLEDGEMENTS $4-55; January,
$4.55; March, $465