Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-12-22
BULLS AND Be AIRS

Special Dispatch to The Star.
: NEW YORK. December cit is gener-
ally assumed that the stock market today
and on Monday and probably for the rest
of the year will be relatively quiet. A large
number OF the most prominent STOCK ex-
change brokers will be out OF town for
several days, beginning today. and 1t IS
generally conceded that the trading today
and on Monday viii be principally OF a
professional character. 1t Is undoubtedly
true, however. that there will be consider
able buying by interests which have re-
eeived direct informa ton from those who
have been In control OF both the money
market and the stock market for some
weeks. that after the first of the year they
may look for q general advance in prices.
It Is understood that a large Pittsburg
operator who has been a bear for some
time has received such Information. and is
now advising his friends to buy the active
stocks, notably Union Pacific, st. Paul,
. Amalgamated Copper and United States
Steel common.
. *x
! interests which keen In close touch with
Washington apparently expect Congress to
pass the currency measure now before 1t
early IN the year. Persons who have sought
Information from the largest banking inter-
ests In this city apparently have been as
sured that practically everything In the
financial situation will contribute to easier
monetary conditions from this time on. 1t
IS not impossible. however. that there will
be little temporary furry in money In
connection with the preparation for the
January disbursements. The Arrangement
have made for anticipating the payment
of the interest and dividends due on or
about the FIRST Of the year will lessen the
strain on the money market that might
otherwise have been logically expected.
~
A prominent stock exchange house.
which has been looking carefully into the
question Of municipal ownership particu-
larly in the western cities has become con-
WINGED that the tendencies Of the people in
those centers is rapidly growing in favor
Of ownership and control Of public utility
properties by private interests. rather than
the controlling interests In the Chicago
traction situation are now entirely conf
dent that a final and complete adjustment
with the city viii be reached within a
comparatively short time, and that all in
terests concerned will fare better than was
anticipated few months ago.
X \
banker who is thoroughly familiar
with affairs in Chicago, and who is deeply
interested in the Chicago subway enterprise
was asked this morning If he knew the real
reason for the sustained advance in Peoples
Gas. While he claimed that he knew of no
specific reason, he said that the advance
might logically be based on the rapid
growth of population in Chicago, the aver
age increase each year being about $50 600.
1t Is learned from good sources also that
the earnings Of the Chicago Traction prop
critics are much larger than is generally re-
allied. These results have been got, in the
case of the traction companies, with en-
tirely adequate facilities When the adjust
ment with the city Is reached and the prop
critics are put In shape to handle the traffic
to the best advantage the earnings will be
very much larger.
Mr.. Termulen of Hope & Co.. the we'll
known Amsterdam bankers, who has been
In this country for several weeks in connec-
ton with the Mexican railway deal, will sail
Tor home today. 1t is understood that Mr.
Termulen's firm has represented the Hol-
land interests in the negotiations for con-
solidation Of the Mexican Central and the