Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-01-24
NEW YORR STOCKSAND BONDS
New Speculative Buying and Realizing
Gales Go en- SIDE by Side.
BEARS ATTACK The MARKET VIGOROUSLY
Onslaught Brings Out MANY stop
Loss orders and va1ues
sIunp with
Rush.

NEW YORK. Jan. n--The mixed opera
tons Of new speculative ouylng IN 1ne
stock market and heavy selling 20 realize
profits accrued went on side By side today
In much the same way as for several Gays
ps,syhoTs ~, sse rsS b,svins When the bear
traders perceived the tendency Of things
they attacked the market with great vigor
Covering large stop loss orders placed By
specula tive holders below the market IN the
fear that conditions were ocomin 1l., p IN
der. declines became quite preeipitate ana
the tone more decisively reaetiOnary than
The ACTON cf the market had 70 do en-
tireiy with technical conditions ana ntue
attention was paid to any news develop
ments. The enormous LIQUIDATION n Ine
past few days, and especially that OF yes
terlay. has resulted In such large reuucien
tie he hands Of the orranized SPECTATORS
who have been able to control with sach
skill the feeling OF the market in sucn
sessions Of the market were largely given
20 conjecture concerning the tosnuV eL
individuals OF parties who were DONG ne .'
PRINCIPAL selling Conjecture pointed pretty
clearly to quarters which have been creo-
ited with operations leading 70 some OF
the most notable advances Of the last Few
days II was concluded. therefore that a
purpose TO sustain the market against sen
ing to take profits was the motive OF thsss
regarding the value Of the properties me
lack Of any news OF such oeNeiOprathts
aggravated The diStruSt IN lDe HioNNio
and fostered a conclusion that some OF the
upward spurts of recent days We're due IN
effect TO the transfer through the narket
Of stocks from one hand TO the other OF
which the total issue were in practieal con-
troll already of the operators. Ihere was
a growth of sentiment sure 10 De aroused
at the time OF reaction In the stock mari
that the unvarying course OF prosperity,
great as IL may be, has been oiscounten
sufficiently in the price advance ALREADY Ell
fected The advices from railroad on1elals
Of the easing Of the car situation gave
some indication of lun In the business
expansion. -. ..
The unseasonably mild weather LED TO
suggestions OF damage 70 the winter whea
cfon The session of the United Mine
Workers convention kept alive sohcteoe
over the labor outlook in the coal IN,
dustry. Signs of unsteadiness in the rnetAI
market. especially copper and LEAD, thTe y,
omen to suspicion the very high lever OF
prices OF stocks of companies interested
| In those industries. An engagement OF
| 10000 Of gold for shipment TO Argentina
| marked the control Of gold supply IN TINS
| market for account OF London Foreign ex-
/ cha ages however became easier and the
| rates for time loans were marked down
Notwithstanding. The market during the
| latter part Of the day showed reilef oy
/ to cover short sellers on todays decline
/ Southern Railway. Denver & no Granoe
and Colorado Fuel helped the recovery by
! their vigorous advances and the closing was
| firm and verv active. -,
| bonds were easy. Total sales par value
| 81 soc go United States fours advanced =
per cent on call -.
/ prices on the Stock exchange today:
1 - Sales High Low. Close