The age-herald., 1901-12-25
HOLIDAY REFLECTED
 IN STOCK MARKET Dealings Were Slightly in 'Ad- vance of Previous Day GENERAL LIST WAS STRONG Bears Counted Upon the Depressing Influence of Continued Weakness
 In sugar-The Exchange
 Will Be Closed Today.
GENERAL LIST WAS STRONG

New York, December A-Today's az gregate dealings were slightly in excess of those of yesterday. principally by reason of the continued active specula- tion for a fall in sugar. The dealings In the general market were In the hands or professional traders and only small part of the days operations originated outside the board room.
 The late recovery in the prices after yesterdays downward tendency of the early part of the day was sufficient to put the professional stamp on the day s market. Even in sugar, although there was obviously very large liquidation, the largest traders on the exchange joined actively, in the selling for short account. There were sales of 1000 to 105O0 shares during the day by individual brokers, and some of the largest sellers bought to cover before the close. The stock was forced down at one time to 103h, representing decline of SIS from last nights level.
 The demand from the shorts rallied 1t to 1O6% and the closing was at 1O01S rep resenting q net loss of 3%. The traders offered pessimistic arguments of the very large accumulation of stocks, the wiping out of a profitable margin in the price and the threatening increase in the pro duction of beet sugar. Parallels were drawn with the copper episode to point to the inadequacy of the great industrial concentrations to regulate and control trade In staple products. Meantime the copper market in London made a turn from It's long downward course and ral- lied quite strongly. Amalgamated Cop per here resisted the general weakness of the market and rose at one time IFS over last nights closing, with net gain of X. There were few other stocks which made headway against the pre- yailing depression, notably the Hooking Valley stocks, which rose 11z and 2B re- spectively for the common and preferred on the reiterated rumor of the projected retirement of the preferred
 The strong movement in the general list was backed upon the expectation that there would be a furry in call money during the day on account of the require ments to carry over the holidays. The bears also counted upon the depressing influence of continued weakness in sugar. The earlier rates for call money proved to be the highest and lenders who held out for the high rates found themselves with funds unplaced. The offerings of this residue carried the rate down below per cent in the afternoon and was the eIIeCIlVe III uTlNlIlB lHt SlOItS lO cover. The bears, however, showed a nat ural inclination to gather their days profit before Christmas.
 The market was reflection of the holi- day season throughout. The closing was fairly steady at the rallying with the earlier losses m ostly reduced to a fraction except in St. Paul and Union Pacific which were under conspicuous pressure all day account ouf the uneasiness caused by the onslaught upon the Union Pacific In the public statement by Presi- dent Hill of the Great Northern. Lake Erie and Western dropped 33% and pre- ferred to on single sales.
 The bond m arket was dull and irregular Total sales, par value $1,920, 900.
 United States 4s declined 4, but all oth- CT issues advanced h on the closing call.
 New York Stock Market.
 By Private Wire to Murphy 6 Ca-