Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-12-04
STOCKS DECLINED
At THE OPENING
Many Of Principal Railroads and
SpeciaIties Fill a Large
Fraction.
THEN THERE WAS GOOD RALLY
Recovery Became Extensive and Mar.
ket soon Rose Above satur-
days Close.

New York, Dec. i.--Prces declined
easily at the opening under free offerings
all through the list. The notable losses
were Anaconda Si. Brooklyn Transit 2.
CanadlHn Pacific, Rock Island preferred
ana Smelling about 49, aud Erle, Balti-
more . Uhio. ST. Paul and New YORK
CcrtrM about a point. Many OF The prln-
clpal railroad stocks aud speclaities fell
agsc traction including United states
steei Rcpublic steel Amag lmated Cop
pei luiuu raciiic, Missouri Pacific, Atch-
.sth ana kelGag.
Individual stcNAs as a rule were quoted
~ ms oWcs IA lhe HIST ieW uliIutes VI
thula mt several went decidedly lower
priolt tht! Spn.mtnceu to snare in The
iahy. inrsc included IenuesSec Cuai,
NrWh giridcd lfg, ana lolorauO Fuel.
Ameiiedh car NOftl Amc..cIn. .Nlrthcrn
racine ana UDiawnte ~ Hudson. Upon
pttC" tuinAB upWu Us enough new buy.
lns ana shore vVYcilns was CONS 10 car
~ thc llft W 5nupy. ana . nu uDer OF
STOCKS scurCu full !ccOVcrts. The Rock
Isldhu stUths plu tttt,t qhn M tNr.+
age, the colnlnOn aad preferred selling
dbeut hAll iSVNt SAL Uay Cis~ins, Ops
c.al pWuls rt strength were qirc.O SEA IN
ne specialues, New loik, Chicago & ST.
- Iish1NaHttd So th3 iliB, p.u.eIhed ~,
tue second preferred "a, Locomotive and
Virginia Carolina Chemical ana Lead
metropolitan street Railway. Corn Prod
ucta preferred aud Railway Steel spring
l. the market showed sume Weakness
again al II clock.
Buying ~ volume caused an extension OF
the recovery and the average level OF the
market rose above Sltu days The New
York. Chicago n st. LOUIS stocks and the
Lake Erie and western stocks rose vari-
ously from 70 14, points Nirginia-Car-
DINA Chemical 8l2, hanawha and Mich
gan, North American and Pacific Mail 2
10 "a and Amaigamdted copper, Pressed
Steel Car, l.. ). Pipe, Sloss- Sheffield
steel, Locomotive preferred, Cotton Oh,
virginia Carolina Chemical preferred.
American Ice. Allis-Chalmers. Colorado &
Southern irsr preferred aud Erie second
preferred to ~. American Telephone
lost l, {. c. G. a. St Louis ~ aud Wheel
ing and Lake Erie first preferred l.
Bonds were steady at noon,
Standard stocks mapaged To keep In
touch with the movement Of the momen-
tarily favorite specialties, but the rate OF
progress upwards was exceedingly slow.
On the other hand, the active speIula-
tive features went up materially from
time, to time, the early afternoon rise
reaching IN Hooking Valley. and -a2gs
inu Virginia Carolina Chemical preferred,
Cotton OH and American Ice,
a number Of sharp reactIng occurred
In the more prominent railroads and spe-
Clalties, although there was no abatement
Before the downward movement attained
Roadway Reading and Rock Island were
advanced a point and Lead returned to
its record level Of last week at 19'.. All
Of the earlier slight advances In the well
known stocks were cancelled. Those tina
showed strength were Hooking Valley \
Kanawha ana Michigan which gained ;.
New York Airbrake 8, L s. Pipe ga and
Rubber Goods preferred Lead preferred.
Linseed, Consolidated Gas and Metropol-
tan Securltie to ia American Telephone
extended its loss to . and Republic Steel
preferred and United States Rubber first
preferred gave way