The times. [volume] (Richmond, Va.) 1890-1903, 1902-11-26
KEPT GUESSING
As TO MESSAGE { S ! Il:
investors Are Waiting Upon.
President Roosevelt.
FOREIGN ExcHAN ADVANCES.
Struggle for Control Of Colorado Fusl
and iron is Puzzle TO Most
Of the Wall Street
Veterans.
FOREIGN ExcHAN cEADyANcES
ny Associated Pre.s.)

1fEw YORK, Nov. 25.-Sentment was
rather mixed to-day, the Irregular course
fIictinC reports indlstriously circulated.
trading while not especially light, vas
Chiefly professional, outsiders holding on
in view OF The further advance OF Tor.
s.gn exchange and the reported conflict
between certain large railroad interests
Many traders showed a disposition to
keep out OF the market pending the pup o.
llcation Of President Roosevelts annual
message, IN which important recommen-
dations regarding .rust and taT!n lsels'
lation are looked for.
Foreign exchange advanced TO ING
highest point yet reached in the pressem.
upward movement. Demand bills soid w ~
to sa.S7A0 Tho price soon deciined ~ ~
points, however. at which Level mos os he he
The days business was done Mucn .. , e.t,
demand was due to arrangements W ~. ...iI n
obligations maturing IN ccnnectiola ~. ~ a. a..
the London settlement on Ihui sua sh,c ~,
veil as some syndicate pa yiit,'lis ~ ..nid
exports are now within easy i.al5 20
negotiations. efforts are peii,s ina rear.
foresiali movement I,roVIa,,sai .;antIy de-
ings of finance bills will ,cesi
press the rate to make paper rem M "a Go
the cheapest medium Of exchasiSG.s aIo,.a do
The struggle for cont'oi - =, S wei a.
rams of the financial district, PVT - ~
not believed that the apparent dilleretlcss
between the contcnding palllies VIZ WI. m n;
Nevc the various 3; raaiuoaa evertheless.
, !, avn was shown during the day by
MISSOURI Pacific and Union racine. as
well as by other 1on .i,, h ,,su viii Man.
haitian and that stock was most iIassu u
lar. opening with a fractional decline.
advancing over per cent. inen sesi i,,,s
10 i55ls,s closing with n net gain OF L, less
than q point on heavy trading. l,here
were reports that deal had been
closed hu, no verihcation WAS obtain
ly,.er
ing. New York Central. st. Paul. Gfion
Pacific Reading, Sugar and other active
issues selling off more or less .exisnslsely,
brought a better tone. with moderate raj,
lies in the standard issues. Colorado Fuel.
was in early demand at better price.
little short of sensational with an adj
vance of over 6 per cent. and net gam
OF 2 points. A sharp selling movement
followed the first rally With declines cir s OK
ing issues Manhattans erratic course
continued. and the other fractions were
heavy. as were also Sugar and Amal9a-
mated Copper.
Premature reports concerning the coal
strike settlement cxerted a brief favor
able influence. but some uneasiness was
shown at this TING at the sale s OF BLOCK
by Gould brokers. There was consider
able liquidation. chiefly in the stocks IN
which Colorado Fuel interests arc idenu,
He'd Heavy Oh
81 attracted attention. but that stock was
among the principal sufferers IN the sell
ing movement at the close. with lmPor-
,ant losses in New York Central. Balu-
more and Ohio ST Paul, Missouri Paci-
nc and Unicn Pacific. There We're uniIn-
,portant recoveries. and the tone OF the
market at the close was steady.
Bonds showed heayiness I'm sympathy
with stocks. and Wabash dehenture Bs
dayeioned exceptional weakness Total
sales par value. 81. $50 900. United States
as. COUPON, advanced Is per cent on the
last call.
were S66,Ia shares.