The times. [volume] (Richmond, Va.) 1890-1903, 1901-11-27
NET CHANGES
WERE VERY SMALL
Extreme Range Of Stock Prices Was
Considerable.
VOLUME OF DEALINGS SMALL.
Amalssmst.d Copper Moved Very IrreSu'arly
and Closed Unchanged -Gcneral List
Followed This Stock Pretty
tloseiy.
VOLUME OF DEALINGS SMALL.
nv Associated T'rcss.)

NEW YORK. NOV. 26.--Amalgamated
Coppcr went through an eXceeolngiy
varied course OF movements In 1o-oa! ,
stock market. and finished unchanet,n
was pretty accurate index of The sehcl a.
market throughout The DAY
changes are seen TO be very snlaII Isl, ;,
rule and considerably mixed. ai oios,6-
cradle. A notable fact IN connectieoh -, Ia
the constantly changing course OIL ,Ipp o
was the consistency of the mo. ,. -, e
Sometimes the course of the fhaihet Nv.
very distinct three times within an houi'
traversing an average range OF neail ..
point. Yet the whole list moNed Dry '.t',.
much in unison. there being no 49, ~,
conflict In the tendency Oh tiis ~
active stocks. a;s+;,c+
The opening dealings reflected a uis tttiS =
effort at g. bull demonstration ioT an az
vance the Trunk line stocks BENG select
ed for leadership. .AmalGamateu copper
was also supported in the opening deal
inss but the weakness which quickly &c
reloped in this stock was rejected IN me
whole market and so with its subsequent
changes The stock fell bT successive
stages and very uncertainty TO 'S. s ana
recovered with frequent reactions to Soff.
ending at So There was an enure lack
of news TO account for the movements
The early weakness was in lace OF per,
mission from a court to the Boston ana
stock under bond. The withholding of
these dividends was officially offered as a
cause for tile reduction of the dividend
on Amalgamated Copper. The recovery
in the stock was in spite of the sharp
break in the price of raw copper IN Lon
don. following some recent speculative
buying in that market.
A striking feature Of the check to the
recent advancing teneency of the market
the decided decrease in activity To-
days transactions were about half Il mil
lion shares less than those of yesterday.
The unsettlinu' influence of the apparent
decentralization in Amalgamated- Copper
was supplemented to a derree by sharp
recovery in foreign exchange, which
awakened some renewed questioning over
the resources of the money market for
the remainder Of the year. The iessened
supply of exchange is doubtless due to the
completion of realizing on what might be
called speculative purchases Of exchange
which have been recently made But a
reaction in sterling exchange in Paris and
the rist in discount rates and In the price
of gold in London. dictates the possibility
of a resumption of the conditions which
caused the recent outflow of gold. An adj
vance of Z points in General Electric, the
strength Of Sugar and Manhattan. and
the heaviness OF Baltimore and Ohio and
St. Louis and San Francisco were nota-
BILE
Railroad bonds were irregular. total
sales par value So 125 600 United States
bonds all unchanged on the last call
Total sales of stocks to-day We're 762 100
shares.
MONEY AND EECHANGE-Mone on
call steady at 4mf13 per cent; last loan.
per cent: prime mercantile PAPER 4Nm
actual business in bankers. bills at 81 ST.,
for demand and at S4.S4 for sixty days;
posted rates, S4.Sin4 81 and ass: COM
mercial bills. S4 S3l4614. s3at. Government
bonds. steady. State bonds. strong: rail-
road bonds dull.