New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
CHARACTER OF TRADING.

Trading In Third Avenue stock was the chief
feature in the early market. The stock declined
over six points soon after the opening subsequent
" recovered the best part of the loss but at the
close showed further weakness, with a net decline
Of more than four points. The fluctuations rep
resented the operations of speculative interests
working against another. On the decline
Talbot J. Taylor Co, ]. s. Bache & Co. and
Welles Herrick & Hicks heavy buyers. In
American Tobacco HOLSTER & Babcock were Lctive
buyers; also F. w. Savin s. Co. and c. I. Hudson
& Co. ST. Louis Southwestern preferred was bid
up two points at the close. Keene brokers and
l. & S. Wormser were active in the coal stocks In
the last hour and traders bought both the soft
and hard coal issues. A bull pool was said to be
at work in Ontario and Western, end buying by
important interests of Norfolk and Western was
again feature London sold about seven thou
sand shares of Ontario and Western. but its trans
actions balance amounted to purchases of about
ten thousand shares In the railway list the
strongest issues were Louisville and Nashville
Norfolk and Western common. st. Louis South
western preferred Baltimore and Ohio preferred
Pennsylvania Railway and New-York Central.
Preceding the issuance of the favorable Delaware,
Lackawanna ard Western annual report the stock
~ per cent, but later it lost more than the
gain Reading first preferred and common ad-
vanced a point In the Industrial list Sugar
Refining fell 2h per cent but later ii recovered
half the loss. Continental Tobacco was hrmer on
the advance in plug tobacco prices. Pacific Mail
rallied reports of renewed effort to pass the
ship subsidy bill Peoples Gas broke l9s per cent.
but recovered about all the loss. The iron and
steel stocks were irregular with Improvement in
Tennessee Coal and Iron, American Steel and Wire
and American Steel Hoop. In the local traction
group Metropolitan Street Railway was higher.
but Manhattan Railway and Brooklyn Rapid Tran
sit only steady
Sc1ne of the buyers and sellers were: F. W. Savin
& Co. q OGO bought American Tobacco; F. w
Savin & Co. q COO ard E. F. Raynor & Co. sold
F. w. Savin & Co. q C00l bought Wire. Otto Kohn
and traders bought ontario and Western; c. e,
Lawrence Breese & Smith and Cammann & Co
sold. c. a. Harmed & Co. Niles Brothers, d. O'Den
& Co. and AshweH & Co bought Missouri Pacific;
r l.. Selisshcrg Lummis & Parsons and r. Good
bo+y & 90 sold. P o ost Frothers Co, W. D.
Hatch Bl & Co. J. KerkneT and Coster, Knapp
& Co sid Thi Avenue. The decl ne in Third
AvenNe ma My caused by w. d. Hatch who
off red stocks own AID forced the execution of
many stop ordeIs It The decl re T. J. Taylor q
Co. and J. S. i. cae 3 co. began buying largely
At Sc r. W. Newton bought large blocks Wells
Herrcl & Hicks. r. ". Newton. J. j. Tay'cr Il
co. IL" gbt Thrill Avenrc; A J. Wcrmser sold
II. b Hol'ips & Co touaht Atetropoh an rect
Railway DoaiiuicS & Domirtck O,0cW bought Con-
tneatal tobacco IT ferrod: f. l.. Sslgsberg sold
G. l. Hudson & Co DO lgat American Tobacco;
II. G. Campbell s. CO. d.00Ol sold. Jacob Field
bought $500 Reading common. Mendham Brothers
4 Ha.it,I