New-York tribune., 1900-01-20
CHARACTER OF TRADING.

The decline tn Third Avenue stock represented
the only important weak feature In the market
This stock sold down on the report that the
company's refunding plan would not go through
but denial OF the report caused a sharp rally
shorts finding II very hard 10 secure the stock.
The early break amounted to 10 points and the sub
sequent rally to points The railroad list was
generally strong and higher but dull, with especial
strength In Missouri Pacific Norfolk and Western
and Union Pacific In the Industrial list the steel
stocks were features. especially American Steel and
Wire Missouri Pacific was bought by Standard
OIL and Gould interests and by bankers identified
with the Chicago and Alton syndicate It was re-
ported that the company would soon resume divi-
dends. Union Pacific was bought by Housman &
Co. and brokers who usually act for the Wander
bits. Metropolitan offered down, while the
decline In Third Avenue was in progress. but the
loss was subsequently recovered. Metropolitan in
terests bought Third Avenue on the decline
Brooklyn Rapid Transit was strong good buying.
In the final dealings commission houses bought and
the shorts did some rapid covering
Some of the buyers and sellers were: Charles
Fdey & Sons O,O0O bought Southern Pacific Flower
& Co. G,OOO bought Brooklyn Rapid Transit;
Wormser q 000) sold. Provost Brothers sold Third
Avenue. Price. Mccormick & Co. 2,OOO bought
American Tobacco; Tower & Sherwood q .OO) sold.
Wasserman Q.OOO) bought New-York Central Tun-
stall & Co. bought St. Paul Hough Rowland
bought Leather. Flower & Co. and Hough Row
land bought Brooklyn Rapid Transit ]. r. Willis
ton bought Atchison preferred; Ladenburg Thai
mann & Co. and traders sold. Flower &. Co., Pearl
& Co. and Housman Q,OOO bought Federal Steel;
+. F. Adams sold. Butler Brothers G,JOO), Post &
Flagg and ]. ]. Manning bought Missouri Pacific.
Moore & Schley bought Republic Steel. Ellingwood
Cunningham sold Sugar. Dominick & Dominick
London, Goodhart and Housman & Co. bought
Union Pacific Cooper sold. Strong Sturgis & Co.
Q,50O bought Third Avenue: w. w. Lawrence
traders and Burger & Co. sold. E. T. Bragaw
Q,OOO and Fahnestock bought Missouri Pacific. H.
Durand and Dick Brothers bought Northwestern.
Buck, Fahnestock and De Cordova & Co. bought
Missouri Pacific. Mcintyre & wardwell and Hous-
man & Co. bought St. Paul: H. Groesbeck sold
Pearl & Co. Q'OOO sold New-York Central Halsey
Hudnut De Cordova and Wadsworth bought
Brooklyn Rapid Transit; Bell & Co and ]. r. VIII
hston sold. Halle & Steglltz 600 bought Union
Pacific Noyes bought St Paul Halle & Stiegitz
Q,OO0 sold Sugar. Moore & Schley Hatch Oliver
Housman & Co. (20O0) and Blair bought Union Pa
cihc; London, Post Flagg J. H. Griesel, Lock-
wood and Hurd & Co. Q.OOO) sold. Henry Brothers
bought Southern Pacific B. L. Smyth & Co bought
Missouri Pacific w. D. Hatch and traders offered
Third Avenue down. Henry Brothers bought Union
Pacific. Traders sold Metropolitan Railway down
in sympathy with Third Avenue. s. V White
bought Southern Pacific. Provost Brothers bought
Third Avenue; r. Waller. Hasted & Hodges and
j. McGovern sold. Housman & Co bought Metro
politan Railway; traders sold. Rolston G. Bass
bought Third Avenue. Boody, Mcclellan & Co
sold Manhattan.