The Indianapolis journal., 1903-12-04
Chicago Stocks.
IAlbert r. Thompson & Co.'S wire.1
PRIVATE ADVICE ON
CONDITION OF STOCKS
General Advance in Stock Market Yes
terday, Trunk Lines, Grangers, Trac-
tfons and Industrfals All Going Up.
IA. w. Thomson, Indianapol

IA. w. Thomson. Indianapois.l
NEW YORK, Dec. 3.-The stock market
opened steady, about the same as the close OF
yesterday. The Bank of England rate remained
unchanged. Americans IN London were slightly
below our parity on selling by New York.
The market continued to strengthen and
broaden out and the movements were moro d.
versified. The trunk lines grangers, fractions
and industrials. as well. participated in the
general upward movement. There at times
hesitating tone on profit taking. but this
quickly disappeared. 1t that all the
offerings were readily absorbed. After the noon
hour there was large covering movement by
started the Upward turn of the
other issues. The market closed at the best fig
ures Of the day with buoyant tone.
Meyer 81 Kiser. Indianapolis.]
NEW YORK, Dec. 3.-There were a number
Of railroad stocks to-day that displayed pro-
nounced strength. The advance in Pennsy1-
vania sharp that it gave the appearance
of bear panic. The buying in that quarter
aers to foTnd M early Sces very
New York Central and Baltimore & Ohio were
strong. and and Atchson: Rock Island Island. ST. Paul M
objects of that benefcent bullishness for which
the street has hoped and longed in vain for
Republic Iron and steel particularly strong. In
fact. that stock. with the other so-called Flower
marked exhibition of strength.
Missouri Pacific one Of the railroad stocks
that advanced steadily and scored an effective
ing any sensations The industrial group perked
up and displayed a good tone. Steel preferred
was especially firm, and scored good advance
Amalgamated Copper was strong and the 9TH
industrials shared in the general improve
ment.
So far as news items were concerned there
tcrial bearing upon the market. The money
situation remains principally unchanged but
this weeks bank statement should prove COM
parativey good. 1t Is safe to disregard all sto-
ries to the effect that money stringcncy is
possible.
GPorterfeld & Co., Indianapolis.1
NEW YORK. Dec. 3.-Those who are in a po-
siticn to know state positively that the Gould
Pennsylvania quarrel has been adjusted and
ing by commission houses Of large blocks of
the stock. In the Gould securities Missouri Pa
cihc the leader, although the Texas roads
made splendid advances. Wabash held strong
with 81 advance on the day. In the industrials
Sugar made high figures above 125, and
Amalgamated Copper advanced l point A di-
in the latter claims they sold sc. 900, 00C
pounds last month and are well cleaned up
Boston bought heavily. The Steel stocks came
in for a big support. Pressed Steel Car ad-
vanced 81 and preferred 81. The advance is in
the game and paying for their rash actions.
IAlbert r. Thompson & Co., Indianapolisl
NEW YORK, Dec. s.-Broadening in many de-
absorption power to-day. The demand anticipa-
tory of end-of-year disbursements Of dividendi
must be given great deal of credit for the IA
vorable exhibition, which bespeaks further i'm
provement with the customary recessons
Further gold imports were made to-day, and
of a reduction in loans is for favorable banl
statement. There may be small money hurrie: