Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-12-07
NEW YORK STOCKS BONDS
Great Variety Of Dealings is the Principal
Feature Of the Day.
MARKET ADVANCES At SPECIAL POINTS
Fluctuations Are Marrow and Volume
of Transactions IL Below the
AveraGe-CIOsing Tone
f. Weak.

NEW YORK, Dec. s.--The conspicuous
feature in the stock market continued to
be the great variety of different Issues in
the great bulk of the aggregate trans
actions. Advances at special points also
were more notable than the upward move
ment In general. There were many prom
inent market leaders, In fact, which
volume Of dealings was rather below that
speculative spirit was very much alive
and diligent In making ventures upon even
the slightest suggestions calculated to d.
There were occasional pauses in the
violent advancing tendency which were
oxysmal advances in the call money rate.
Inc spurts in the money rate seemed to
nave the effect Of simply checking opera
lions until the late flight to rs per cent
weakened the whole market There was
no evidence OF an enforced liquidation
caused by extensive calling Of loans and
shltting OF accounts. II seemed to be tho
determination of speculative operators to
pay their rates for money demanded and
70 await the clearing up Of the money
outlook without sacrificing their holdings.
IL was very obvious that steady realizing
mad been conducted throughout at some
Yer, very important points In the market. This
was especially true of Union Pacific, which
was steadily fed to the market at frae-
uonal advance over last night and which
maze the highest price OF the day immedi-
ately after the opening. There was the
same tendency manifest in the United
states Steel stocks and Reading also
showed the effect of a similar process.
ADDED TO this was the effect OF profit
taking in some of the specialties which
nave risen most Violently In the recent
trading; Vague rumors of mergers con-
tributed large influence in this class OF
speculation; Lead, the Southern Iron
stocks and the Junior vanderbits were
all subject OF such rumors, none of which
was new in any particular. The relapse in
lead was especially violent, and New York,
chicago and st. Louis, which again lead
me vanderbilt movement, lost all OF its
q only the T the The
american Smelling deprived that stock
OF one cause of stimulation in the rumors
OF promised increase in the dividend.
Inc Gould group of railroads were dis
unctly strong, In sympathy with one an
otner' The list of substantial leaders
which shared in the days advances was
small, however. Amalgamated Copper had
Ihe advantage OF another advance in the
price of copper.
The days subtreasury ngures showed
the loss of the banks TO that institution
since Friday swelled to $3125,00O yester-
days transfer OF S1,O00O 900 being included
New York exchange at Chicago rose to
70 points premium from yesterdays 10-cent
rate ip response to the Increased demand
Tor money here. Foreign exchange was
less affected In spite of the realization in
l noreign money markets but exchange rates
ylelded during the day. Speculative dis
cussion OF the money outlook dwet upon
the certainty of the greater ease of money
70 De expected in January, whatever may
be the course In that market between now
and the end of the year. The pressure to
realize increased considerably in the stock
market towards the end of the day and
night and many other prominent stocks a
fraction. The closing tone was weak
Bonds were Irregular. Total sales, par
all unchanged on call.
Quotations on the New York Stock ex-
change ranged as follows: