The times. [volume] (Richmond, Va.) 1890-1903, 1901-11-30
COPPER STOCKS
TOOK A HEADER
Decline Was Unresisted and There
Was No Rally.
NUMBER OF STRONG POINTS,
These We're Mainly Due 10 Individual Causes,
and the Market Was inclined TO Harden
Ia Anticipation Of Favorable
Bank Statement.
NUMBER OF STRONG POINTS,
These We're Mainly Due 10 Individual Causes
fpr Associated Press.

NEW YORK. Nov. N.-Amalganaieu
Conner was again an unsettled ini1uence
b., I ne whole 4slock market Its downward
course vas not very erratic. the Cecllns
being. punctGated by only a few point5 q
resistance and by no eI1ectiYe rally. Inc
resistance was not long maintained at a:ly
time. and the price WAS soon a.ty"e" =
sag again. Near the end of the day tit
price touched IS. an extreme decline ui
.Js,. and closed only n shade better. Jntre
was no appearance of any attempt 70 sur
port the stock, and it was left TO It's own
course.
The Generalization in the raw copper
market in Loncon was the Impeding
cause Of the decline. There were enoI :
nous sales there OF spot Go i p na ard ION
The stocks of all Gopher securities Sc
cured violent declines In foreign Inarhe. :;
and the prices of metals siumpeo an
around in London. including pig IN ieao
and iron. Anaconda fell points IN SYM
pathy with Amalgamatsd Rulnors Were
very persistent Of determrna ,,,a IL. 10
of spot Copper but no definite informa-
ton could be obtained on the subject a
judicial decision. adjudgtng' a member of
the company. in contempt of court for
Ealing to testify in the suit against the
Boston ans. Montana. was given as one of
The reasons for the weakness.
There were number of strong points
developed in the market, due to individual
causes, and the market was inclined TO
harden in anticipation of a favorable bank
statement tomorrow. Union Pacific fell
a point below last night. Sugar was at
one time points higher, but lost practi-
call all of the gain. Other gains were
shown at one time by the United States
Steel stocks. several minor street stocks,
Wabash preferred, Manhattan and several
of the 1noustrials.
owing to the Thanksgiving holiday the
figures furnished by the banks of cash
changes show results only up to Wednes-
day night but the movement of cash
from the interior was clearly in favor of
this centre. and indicates a net gain by
the banks on the express movement of up
ward of million dollars, which more
than offsets the loss of Sub-Treasury
operations
and Consolidated Tobacco 4's advanced
on the declara.cn of a dividend on CONT
mental Tobacco. The bond market gen.
orally was irregular. Total sales. par
value. S4,3oo."o0. United States bonds
were all unchanged on the last call
Total sales of stocks TO-DAY were S7O,-
100 shares.
MONEY AND NEUTRALITY-SUSPICIOUS. on
call closed firm at 3iR0.J per cent last
loan, per cent. ruling rate. per cent. !:
prime mercantile paper. 41G5 per cent
Sterling exchange firm with actual bust
ness in bankers bills at 81 S7lkll4. STas for
demand and 81 Sil -. S4A for sixty days:
posted rates. S4S3 and S4.SSi.: commercial
bills: S.iS:'l.p4. S3s.. Bar silver. :l,,61i5Ils.
STEADY; State bonds. Inactive: railroad
bonds firm.
Total bank clearings for week ended
November 18th. 81 l52. S25S13: increase
~ per cent. Outside New York, SCJ9 AIS
SS4; increase, IL per cent.
STOCK QUOTATIONS.
Furnished by Mcssr.. SCOTT & SrRISGTrLLow.
Members New York Stock X chcure