The age-herald., 1901-11-30
COPPER STOCKS
 UNSETTLE MARKET London Was Impelling Cause
 of the Decline FEW POINTS OF STRENGTH Sugar and United States Steel Stocks Make Small Gains, But These Later Lost Their Advantage.
 Bonds Were Weak.
FEW POINTS OF STRENGTH

New York, November 29.-Amaiear'a'eu Copper was an unsettling influence Ill the whole stock market today. Its course was downward. the decline being punctu- atod by only a few points of resistance and " no effective rally. The resistance w.S rt long maintained at any ume' and the price was soon allowed to sag again. Near the end of the day the price touched 75 an extreme decline of 59s, and closed only a shade better. There was no appearance of an attempt to support the stock, and 1t was left to its own course. The demoralization in the raw cooper market in London was the im- polling cause of the decline. There were enough sales of spot copper and of fu- lures, resulting in a drop in the price of the former of e5 ton, and of the latter a4 per ton.
 The stocks of all copper securities scored violent declines in foreign mar kets, and the prices of metals slumped all around in London, including pig iron, tin and lead.
 Anacorda fell 3 points in sympathy with Analgamated. Rumors were very persistent of determination of the com pany to abandon the attempt to sustain the price of spot copper but no official admission could be secured on the sub feet. A judicial decision adIudging di- rector of the company guilty of contempt of court for failure to testify in the suit against the absorption of the Boston ard Montana was without notable effect in the general market on the close. There was a.tnumber of strong points developed, A t,adi ixyil, market was inclined to harden all around on the published forecast of a favorable bank statemSlt but the final drop in the copper stccksF caus .j the loss of the principal part of the gains, ana carried prices a point or more below last night for Union Pacific. Atchiscn, Missouri Pacific New York Central and Baltimore and Ohio.
 Sugar was at one time more than two points higher but lost practically all of the gain. Other gains of point or over were shown at one time by the United States steel stocks several minor steel stocks, St. Paul, Wabash preferr- ed, Reading, Louisville, Manhattan and several of the industrials. The Pacific stocks were all strong at advances of 2 to points. Owing to the thanks giving holiday the figures furnished by the banks of charges show only slight movement.
 The drafts against arrivals of gold at San Francisco, which are on the way to the amount of nearly $4,000000 have not figured in the weeks showing The governments revenue requirements upon the money market show a distinct re- taxation, the months receipts thus far falling over a million below those of last year while the expenditures are several hundred thousand dollars in ex- cess of those for the corresponding pe- riod of last Naar
 Sterling exchange and continental ex- change continued their upward course today in spiteo;of slightly easier money in London, owing to the completion of the settlement. The price of gold ad- vanced In London today The impress sion is growing that further gold will go out next week.
 Central of Georgia income bonds strong for the three issues and continental to- bacco fours advanced on the deolara- ton of dividend on continental tobac- co.
 The bond market generally was irreg- ular. Total sales par value, $1, 400, 900. United States bonds were all unchanged on the last call.
 New York Stock Market.
 Rv Private Wire to Muruhv A Cm