Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-11-25
NEW YORK. STOCKS AND BONDS
Movement Of Prices is Confused and Gen.
orally Irregular
EXTREME OULLNEss IN MIDDLE OF SESSION
linton Pacific f. Succeeded 49, n
Market Leader by United states
steeI-CIose f. weak and
Low.

NEW YORK. Nov 2L-The movement Of
prices today was more confused and ir~
exchange The action OF some stocks be-
came SO erratic as to unsetue speculative
in the day. The market as a result of
doubts aroused was thrown into decided
dullness for a considerable period.
Recent speculative favorites we're the
centers of the doubtful movement. Open
ing trading showed them under pressure Of
the same character as of yesterday. Wig
orous support ran them up to good gains
over last nights level but this advance
was again followed by constant and violent
fluctuations both up and down. The move
ment in Union Pacific also was calculated
to puzzle observers After yesterdays sud
den rise this stock was almost immovable
until the general break at last. any effort
to rise above last nights level meeting
with such heavy offers as to drive Il
back. The offerings quickly decreased;
evidences of support for the stock de-
veloped. This would point TO process OF
proht-taking on the wide advance OF yes
terday. There were besides various new
points of positive strength throughout the
Continued Tf WYE" WEAKNESS ness United States Steel
preferred was the most prominent sub
stitute for yesterdays leadership OF the
Ohio also enjoyed a period Of strength and
there was a current supposition that large
from Reading into Union Pacific and Bal
timore & Ohio. Amalgamated Copper had
the advantage of another advance in the
.
there was a sudden rise In the price or
copper futures which almost closed the
gap existing for some time betWeen Ie
price of futures and spot copper In the
market. .-
There were number OF Developments
| OF interest to the market, but not all OF
| them were reflected in any consistent way
| In the action of the market Unsettled al
! fairs abroad were responsible for the gen
/ eral decline in early dealings, the atu,
! tude of Turkey towards the powers ana
| the British ministerial crisis In dlLecS III
; some selling here for foreign account. nsg
general weakness late in the day seemed
to be due to the suspicion engendeTed OF
the wholesale prOtit-taking on the part Oh
the large speculative leaders of the mar
ket THE estimates of the weeks current
movement based on statements iron
, bankers indicated considerable gam IN
morrow's bank statement. There nave peeu
/ heavy receipts by express from various
points Of the interior fs este 6 tSsi
| at the sub-treasury, turned the Garner gar
/ by the banks from that institution ,l hio
loss of several hundred thousand doI a6 nS,
and an additional deposit today of S0lUC
| for transfer to the same point promised
| to increase these figures, but the reSe ei.;
| by express were estimated to be sufilcienl
| to AFFORD a net gain of at least S3,OVOO
/ Discounts in London yielded 10, beloW unt
bank rate today and foreign exGnans es, nTs
was weak. Some very large suitlS ~ oLtes ~ -
| in the call loan market at the STOCK eG
! change were reported TO be the pIVCeeu,
T DI rle s9 by foreign reign banking houses. Re
ports were circulated Of threats OF IaDoii
troubles on the part Of leaders ahOnpss s
ouentIy denied and were not of much 9p
I parent influence. The market Closed unue'
the influence of a general selln 1y,ces Al
ment with the tone weak ana PRICES :"
bonds were easy Total sales par s2' 49,
600 United states bonds we're all IN
FoiIoWing were the sales and, range o.
prices on the Stock exchange toqa ~ CLOSE