The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-11-27
WEAK CLOSE
IN STOCKS
Irregular Tone With Many
Issues Concerned Feature.
MANHATTAN GOES UP
Inter Borough Lease Has Its
Influence.

New York Nov. 8.-with few exeep-
tons today's stock market was virtually
a repetition Of the first DAYS OF The week
There was the same irregular tone with
many issues under increased pressurs.
The only important development was the
Official announcement Of the Manhattan
Interborough lease. Manhattan was again
very extensively traded in and made an
early rise OF IL per cent. later advanc-
ms 70 I5s1a and closing a 156is. a net
gain u - points on transactions coas.1-
ersbiv in excess Of 0ue-fourth Of the en-
tire days business. Ths-s Eas much liq-
uidstIon Of Manhattan or the old theory
that stock is a sale when the good
news is cut
The only stocks that opened with q
show Of strength We're Colorado Fuel.
which continues 10 be the center Of a
fierce controversy. and Rock Island pre-
ferred which, after brief period u
neayiness. advanced IA per cent and
watch closed with net Advance % enc
point Tie international list was egner-
ally lower and the material decline In
Reading was ascribsd TO disappointment
over the outcome OF the more recent coal
settlement negotiations Early dealings
also reflected much pressure against Tn
and Baltimore and ohio while the In
dusrrials were vsry inactive. with pro-
n0unCed heaviness in the United States
steel stocks As on the previous dag.
the move in Manhattan brought slight
improvement else where in TIE fist. but
tne rally barely covered initial losses.
save in 81. Paul and Reading The mar
ket became Culler and more irregular
with operations altogether professional
Z f1.I ga he "a ~
point reacted IL per cent and closed
unchanged Auslgamated Copper seem
ed e. have some support and sugar was
about STEADY There was practically TO
news to explain the course II other lead
ing stocks. except in the railroad group.
where some unsatisfactory traffic re-
curus were reported
on the other hand certain other stand
ard railway issues showed good Increases
Several purcha % MaEnattan in $50
share blocks came ont before noon. ard
scores of 1853 share lets we're traded
fn Manhattan price crossed Per1syi-
vsula f1r the rst sine ID some days.
s. Paul Southern Pscilc. Union Pa
cific and Atchiscn were BID 80 friction
allF 40 times. bat y was observed tna-
these stocks sold oG 20 the hrst exEi-
biiior of weakness elsewhere A. the tay
wore on the professional e]emeut. showed
less ilrIiuatlon e. make c4uulI szI1srts
over me hoE1ar- Commission buying
was nominal throughout aod much =
Ehaf WAS western iia-td4flcr ~ che steel
steeEe Tittie CHANGE lu sh-se cart ions
resulted froa the Manhattan Interior
oug srrounceraert The weakness p
Texas and Pacifc vas SUPPOSE g. result
fr0m me idea that fhat raac - snt r.
most affected bF anF aggressive opera
tons y the aHti-CSoaid interests
The tone 81 the MARKET az the ci1se vas
weak TraGinE for London arccunr
q mounted 70 about i5.sss shares. evenly
t85-sdcs and y an arhifrase character
Steriirz exchange relsFrd slightly &C.
mana srs-IlnE being quoted az ttgl -
5 .7
some ~ the active hoEds ceciined fe-
DAY ss- there w-e Alsc lsss whfeh
eaea reed ghtly Tt1f sz PAR
1alue E<a
l-nited states aords s'ere AT urcsanE-o
On fhe tasg call
closing stock GloraEscrs were - 1ol-