Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-11-22
REVIEW OF MARKETS
FINANCIAL AND COMMERCIAL
Stocks, Money. Exchange, BoniS, Grain,
Cotton, Provisions, Etc.
These Are Closing Sales
Each Day.

(By Telegraph to Virginian-Plot.)
New York. Nov. 21.-To- days stock
market represented nothing more than
the routine progress of IA speculative
boom. There was u continuance of u
large ana we'll distributed demand for
stocks and there W;(s very heavy sell
ing TO take profits. The result was the
same irregularity in the price move
lnent which has been more or less the
rule ever since the present speculative
period began. The profit taking to-day
somewhat overbore the new buying, or
at all events the selling movement
showed its greatest force towards the
close of the session, so that the senti-
mental effect in to-day's market was
on the side of reaction TO 4 greater eX-
tent than on previous days. London
felt the influence and bought stocks
III the American department on q large
scale. Assertions are made that the
foreign speculative public is showing
Il growing interest in American stocks
Dut the largest part of the foreign buy
ing is attributed to the provision MAX
ing against the options sold by foreign
dealers before the election. Il large part
or which are still to come due, with
heavy losses already shown by the
great advance in prices. Undoubtedly
very large operations are conducted
also III London on Cabled instructions
from New York. 1t was perfectly ma
tural that the good market afforded by
the large buying this morning should
he taken advantage or to take profits;
on the notable advance in prices of
yesterday. The first hour of the mar
ket was furiously active and remarka-
ply steady, the demand being fed so
freely as to preclude any sensational
advances. But as an Impression began
10 DE made on prices, The selling pres
sure was relaxed showing the careful
nursing process of the powerful spec-
ulative leaders who are at The head of
the present movement. Buying was
then diverted to new points. and un-
der cover of the notab BILE advance thus
achieved, the realizing was resumed.
Inc day closed With the market some
what overwhelmed with the volume of
realizing. although there were some
ilnal rallies on short covering But
the last prices were near the lowest
except in the stocks that had been ex-
ceptionalIy strong. The Grangers were
foremost in this list, st. Paul leading
win an extreme advance of 81 AL
chison common was weary heavily
bought at an advance of 23s Brooklvn
transit and the other local traction
stocks. Louisville, and at one time Su-
gar and Peoples Gas We're also strong
points The Northern Pacific stocks
were naturally prominent in the renc-
tionary tendency after Yesterdays
notable advance. ana PENNSYLVANIA
was also quite weak. The steel stocks
yielded to increasing pressure ana
closed the day generally at net de-
clines. The carly strength in Union
Pacifc. the Denver and Rio Grantle
and the San Francisco stocks yielded TO
reaction. The international Paper ana
BAG and Paper stocks were weak on
talk of a strong rival organization
The demonstrative publication of n
bullish interview by the most promi-
nent individual operator in the street
was made the OCCASION for much of the
profit taking. Money continued easy.
and the sub-treasury paid out 81 600 600
on account of assay Office characters.
Tor gold deposited at Pacific coast
points from Australia.
The bond market showed we'll dis
tributed strength on n large volume of
dealings. Total sales, par value, So
$4,000.
United States bonds were all un-
changed on last call.
, 5 The sot total sales of stocks to-day we're
-,6 Msw York, Nov. 2l.-standard Oil,