Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-12-01
FINANCE AND TRADE.
Changers We're Prominent
in Today's Opening.
ADVANCE WASGENERAL
INDUSTRIAL SPECIALTIES ROSE
& IN SYMPATHY WITH MOVE.
Some Principal Beneaciaries Of For
7 ward Movement-Few Forced Back
by Large Realizing.
ADVANCE WASGENERAL

NEW YORK, December 1.-The grangers
were prominent in the opening advances.
which was general throughout the list In
the stock market today. Northwestern rose
~. Illinois Central 1h and st. Paul and
Missouri Pacific a point. The United States
Steel stocks, Baltimore and Ohio and Texas
and Pacific made good fractional advances,
and there was a heavy absorption of South
ern Railway at a gain Of Q small fraction.
st. Paul, Illinois Central and Missouri Pa
cific advanced beyond their one-point level.
and the market was reinforced by other
large gains in stocks Of similar caliber.
The Industrial specialties rose in sympa-
thy with the trend of the general market.
but later heaviness in the United States
Steel stocks affected the group.
The principal advances were Northwest
ern, ~; Lackawanna, 4; Chicago and East
ern Illinois preferred certificates, 3; West
inghouse Electric first preferred. 2h. and
st. Paul preferred, Louisville and Nashville
Baltimore and Ohio. Norfolk and Western,
Cleveland, c.. c. and st. Louis Atchison.
Texas and Pacific, the Kansas City South
ern stocks. New Haven, New York, Chicago
and st. Louis, Michigan Central, Sugar,
Virginia Carolina Chemical. Leather pre-
ferred, American District Telegraph, West
inghouse Electric, the Hide and Leather
stocks, Steel Foundries preferred. Federal
Mining and U. s. Rubber preferred, to IL.
Prices were below the best at IL o'clock.
A comprehensive advance was made by
the Junior Vanderbilts Atchison and st.
Paul were well sustained, the former rising
rs, but proft-taking affected the Pacifcs,
Rock Island and the low-priced coalers.
New York, Chicago and st. Louis rose 4,
Cleveland. c., c. and st. Louis 81, Lake
Erie and Western 3, Peoria and Eastern 2hs.
Chicago and Eastern Illinois certificates u,
the preferred certificates 81, American Dis
trict Telegraph 33s. Associated Merchants
first preferred, Steel Foundries preferred
and Hide and Leather preferred 2h to IN,
and Delaware and Hudson, New York, Chi
cago and st. Louis second preferred, Con-
solidated Gas, Pullman, the Rubber Goods
stocks and Brooklyn Transit point or
more. Chicago Terminal preferred and
Pump lost 1. Amalgamated Copper rose a
point at noon and stiffened the market
Bonds were irregular.
Industrial stocks came into favor again,
largely in sympathy with the 2 point rise In
Amalgamated Sugar crossed 49, and there
were point gains in Steel Foundries, SmeIt-
ing, United Railway Investment and New
Tobacco preferred. and ~ in Steel Foun-
dries preferred. Kansas and Texas pre-
ferred also sold up " and st. Louis South
western preferred Is, while Pullman
jumped to 240 Realizing in Northwestern
forced 1t back ~, and Rock Island pre-
ferred and Chicago and Alton sold II re-
spectively under last night.
The afternoon market lacked the stimu
lus afforded by the bidding up Of various
individual stocks, and prices accordingly
eased or on small offerings A number OF
leading stocks reacted to fraction under
yesterdays closing, but the general move
ment was unimportant. Wide fluctuations
continued to prevail in some less-known
stocks. Michigan Central jumped ~ points,
Rome Watertown and Ogoensburg. B: Fed
eral Mining, N, and the preferred. 3. Mean
while Duluth. South Shore and Atlantic
preferred, Wooden. preferred, Pipe pre-
ferred, North American and International
Paper fell 1 to IN, and Northwestern pre-
ferred. 2.