New-York tribune., 1901-12-06
BONDS.
THE DAYS OPERATIONS IN STOCKS.

The stock market moderately active on
an irregular movement of prices. Opening quota
tions generally at advances over the closing
Of the preceding day, but in the subsequent
dealings heaviness developed In number Of is
sues and in the absence of active public sup
port traders took the bear side Of the market
Efforts to reduce prices however, were without
material success, except in q few issues. the
closing quotations slowing about many net
advances as net losses Final changes were
generally confined TO fractions. the chief ex-
ceptions being in of the more active specu
lative issues. Trading, rule, was made up
of the operations of professional dealers. COM
mission houses having few orders, while i'm
portant market interests were not especially ac-
tive in the days transactions. There was. how
ever. quiet buying in number of issues by In
terests connected with the properties concerned
This was pronounced in the of Missouri
Pacific and in of the cheaper railway is
sues and attractive industrial stocks.
At the opening Manhattan made further prog
ress toward a higher level, while all Of the So
called Gould stocks in fair demand Man
haitian advanced to 10, but its close was 1431s.
a small fractional loss for the day With the
exception of Amalgamated Copper. the opera
tions in Manhattan were heavier than in any
other stock the list Amalgamated Copper
was erratic. as usual and moved counter to the
rest of the market. At one time the stock sold
above -: but the close showed a net loss of over
] per cent, as compared with Wednesdays final
figures. There were no news developments af-
.,acting the value of securities, although there
various rumors respecting the future Of
;-crtain traction companies and general railway
4, operations. The traction shares were bought
& times on the report that arrangements had
ieen made for a union station at Mott Haven
fer the joint use of the New-York Central and
Manhattan. This report received no official con-
frnation in the day while the rumor that the
New-Haven road was after Manhattan Elevated
was officially denied. In the general railway list
good buying noted in Rock Island, North
western. Canadian Pacific. Pennsylvania and
Union Pacific. In the industrial list there was
a fair demand for the steel shares and American
Locomotive and a quiet investment inquiry for
American Car and Foundry issues and 1nterna-
tional Paper preferred General Electric made
n new high record price at 2S4a. closing points
above Wednesdays last quotation.
FOREIGN operations were insignificant, owing
in great part to the dulness in the international
shares In the London market money conditions
showed no material change, although the Bank
OF Engl1nd presented in its weekly statement
reason for belief that gold exports direct TO
London from this country may soon be made.
In Paris exchange on London was again lower,
while in the local market sterling rates were a
trif1e higher. There was good demand for bills
in this market and indications appeared to
point toward further shipments of the yellow
metal TO France next week. The supply Of ex-
change is still light TO meet current require
rnents. but the offerings Of cotton bills in
creasing. Money rates at this centre were with
out change, and general conditions in the money
market were without important feature. The
banks have lost so far this week over S5,OO0,O0O
S.-h- -Trca M
money to the South have been heavy, but II is
expected that the return of currency from the
West in the week will be large enough to offset
the Southern shipments. and in great part the
loss by the banks to the Sub-Treasury.
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDS-Market firm Final