New-York tribune., 1900-01-26
CHARACTER OF TRADING.

The heaviest dealings In yesterdays market were
In Sugar Refining. Atchison preferred Brooklyn
Rapid Transit. Louisville and Nashville, Southern
Pacific and Union Pacific At the opening there
urgent covering of shorts, but subsequently In
the absence of outside demand fresh lines of shorts
were put out. The movement however, did not
induce liquidation and early gains were fairly well
maintained until the close. Selling of the granSers
mostly for short account and with the excep-
tion of profit taking sales selling throughout the
list represented bear operations The announcement
that the New-Amsterdam Company had reduced
its price for gas to the rate charged by the Con-
solidated company had unfavorable influence as
Indicating continuance of the local gas war
Sugar Refining attacked by the bears for effect
on the general list: il opened up ia per cent. but
later declined 1h per cent American Tobacco also
receded over point from its best price. There was
decided display of strength in Metropolitan Street
Railway, and Manhattan Railway was fairly firm.
Brooklyn Rapid Transit under pressure on
silly talk that the annual meeting OF the company
to-day would result In disappointment After rising
IL per cent the stock fell 1% per cent. Reactions
occurred late in the iron and steel shares on rnors
that the big Pittsburg companies cutting prices
OF steel. The railway list presented an aspect of
frmness in comparison with the weakness OF some
OF the Industrial shares.
Some OF the buyers and sellers were: Southern
Pacihc-London. X. Rodgers bought; traders sold.
American Steel and Wire-Tunstall & Co. (2OOO in
alb and Housman & Co. Q,00O) bought. Brooklyn
Rapid Transft-Sdenberg Kraus bought st.
Paul-Housman q Co. and Clarkson & Co. bought.
Metropolitan Raway-T. H. Kerr bought. Brook
lyn Rapid Transit-L. Wormser and Housman &
Co. Q,5OO bought. Louisville and Nashville-S. f.
KimbaH bought. Baltimore and Ohio preferred
Seligman & Meyer, London, bought; Noyes & Co.
Q.0OO) sold Union Pacif1c-R. II. Thomas 1000
and Housman & Co, London. bought; Bell & Co.,
Post Flagg and traders sold. Southern Pacific
London bought Brooklyn Rapid Transit-Grant
Brothers and Edey & Sons 600 bought. Federal
Steel-Halle & Stiegltz bought 800. Louisville &
Nashville Housman & Co. bought 900; Tunstall &
Co. sold 1000 Manhattan-HaIe & Stiegltz bought
500. Sugar-Content & Co Housman & Co.. Worm
& Co. and Provost Brothers bought; Strong,
Sturgis & Co. sold. Federal Steel-De Cordova &
CO. sold Manhattan-Halle & Stieglitz Q,OOO
bought. Leather. ]. Manning sold st. Paul
Housman q Co. q .5OO bought. American Tobacco
T. J. Taylor bought; Keech. Loew & Co. sold.
Manhattan-H. B. Hollins bought. Missouri Pa
cifc-Post g. Flagg bought; ]. J. Manning sold.
American Ice-R. Waller bought; Bridgman. Elling-
wood g. Cunningham and J. Wallace sold. St.
Paul-C. A. Harmed and Dick Brothers sold. Fed
eral Steel-Fower & Co. bought. American Steel
and Wire-HaIe & Stiegitz GOO bought; Mcintyre
& Wardwell sold American TObacco-Content &
Co sold Third Avenue-H. Sternberger bought.
Leather-T. J. Taylor bought 1000. Federal Steel
c. A. Harmed bought: H. @. Campbell sold South
ern Railway observation-disclosures & Randolph
bought. Sugar-Sidenberg & Kraus bought st.
Paul-Rodgers & Randolph bought. Wire-Post &
Flagg sold.