Evening star. [volume] (Washington, D.C.) 1854-1972, 1903-12-04
FINANCE, and TRADE
;a.1s2 =.
Market Exceedingly Active
3
and Irregular.
PRICES START UPWARD
LEADING 'sTocKs COMMAND
eGFg n
HIGHER PRICES.
III 70 ;sNA
Amalgamated and Union Pacific
Prominent-Buying in Pennsylvania
and Residing Large.


NEW YORK, December Prices started
upward in the opening dealings in the
stock market today on the transfer of
large blocks of most of the permanent
stocks There were gains In Iowa Central
preferred of IA; Sugar ex-tfvidend, IA:
Sioss-Shefieids Steel, point, and Uni.ed
States preferred and Norfolk and West
ern, ".
There was enough new buying awakened
by yesterdays demonstration of strength
to hold the market fairly well, despite the
enormous realizing SafeS 30
In some stocks the pressure was severe
enough to force them slight fraction be-
low yesterdays closing, but the market IN
general was we'll sustained. Brooklyn
Transit, Peoples Gas and some of the ussi-
ally inactive Hgh-priced and low-priced
stocks rose strongly.
The principal gains were Peoples Gas,
Brooklyn Transit and Colorado and South
efn ErSt preferred, IA, and COLORADO fuel'
Consolidated Gas, General Electric, Repup-
lie Steel preferred, St Paul, Nauonai Rdii-
road OF Mexico preferred and st. LOUIS
Southwestern preIerred /. Pittsburg, c. e..
and st. Louis preferred, lnterna uonal "a
per preferred and Toledo, st. LOUIS ana
Western preferred improved two pointS.
Car. Toledo, st. Louis and Western and
Northwestern lost point Ihe advance
was renewed at some points and heaVy
realizing continued at others
Inc market continued very at live anu IL :
regular. Strength at new points was taken
advantage of to realize and reactions were
mixed with the gains. United States Steel
preferred became buoyant with rise OF Us
and Rock Island and a number OF the coaf-
ers rose between / and z. Westinghouse
Electric rose On and the first preferred D.
Bag preferred lost 4. and Chicago and East
ern Illinois certificates A: Bonds were
firm at noon.
inc aggressive bidding up OF special
stocks increased for time under the over
whelming profit-taking sales. Reactions.
however, were snail, and at O'Clock the
market was rising vigorously under the
lead of Brooklyn Transit ana United States
Steel preferred. Amalgamated and Union
Pacific were brought into prominence, and
the buying of Pennsylvania and Reading
was renewed on large scale.
Leading stocks generally brought higher
prices than in the morning. and the volume
OF business was fully as large. Brooklyn
Transit touched AIN and United States
Steel preferred IS, these figures represent
ing gains of 3b and 81. respectively. Union
other active stocks showed gains of about
a point.
Sales by operators who considered the
pace too fast affected the entire market
slightly and especially United States Steel
preferred, which fell off 1A When these
began to Stiffen again. but the movement
did not obtain muohy force outside of the
local fractions. Brooklyn Transit bounded
up to near 80, and Manhattan, New York
Central, Missouri Pacific and Leather pre-
ferred sympathized to the extent of a
point. and Metropolitan Street Railway rs.
Tennessee Coal moved up 2, and Buffalo,
| Rochester and Pittsburg and Anaconda B.:
Sioss-S Sheffield Steel, g.; and Lackawan-
ma, 61h. -