The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-12-24
.SPEC|ALT|ES MAKE
A BIG ADVANCE IN
The CLOSING HOUR
Toledo, st. Louis and Western
Gains IL, St. Louis and
Western 5 Ia Points.

n w YORK, Dec. 24.-Stocks started
the Nday at prices little changed from
last night. although the dealings were
activeN and widely distributed. Small
gains and losses were quite equally di-
vided. New York Central rose l and
Third Avenue q.
IL a. m.-Weakness in the local trac-
1 stocks, and an advance in the rail
equipments stocks were the dis
.uishing features of the early mar
1T. The general market was irregular.
but grew rather heavy when Union
Pacific and American Smelling reacted
a point from their best prices. Ameri-
can Smelling preferred n American
Ice fell is below yesterdays last price,
and St. Louis Southwestern preferred,
Colorado and Southern. Brooklyn Tran
sit n Interborough-M Metropolitan pre-
ferred 1. Toward IL o'clock New York
Central rose 21s to 123B, and the Van
derbilt group moved In sympathy. Other
advances of note were Chicago and
Alt Il 21a. Lake Erie and Western and
Thin Avenue IL, Colorado Fuel and
Pressed Steel Car IA and Northwest
ern, Chicago, st. Paul, Minneapolis and
Omaha. Union Pacific preferred, Kan
sas City Southern preferred, Ontario
and Western, American Car and Inter-
national Pump 1.
Noon-The advance lifted st. Paul,
Atlantic Coast Line, Brooklyn Transit
and Consolidated Gas a point, Cleve-
land. C, G. and st. Louis IA, Toledo,
st. Louis and Western Ia: New York,
Chicago and St. louis 21a and CRANKY
Mining go. Selling of American Smelt-
ing down a point had a chilling effect,
and the advance halted. Wabash pre-
ferred and Wheeling and Lake Erie
lost l. Bonds were firm.
/ p. m.-An active and strong market
developed for the Kansas City Southern
stock and several others. The Harri-
man stocks also rose again to the top
level and there was an improvement in
the markets tone. Chicago and Alton
jumped az. Long Island 4, Third Ave
u 3, Iowa Central preferred 2, Kansas
City Southern q, the preferred .. u. S.
Rubber liz and Union Pacific, Pennsyl-
vania, Texas and Pacific, Interborough-
Metropolitan preferred and Western
Union /. Wabash yielded a point.
2 p. m.@The advance ran a little
further before a severe break in the
Wabash stocks undermined the mar
ket. Wabash preferred gave way 3B
and the common 2. The advance in
ST. Paul. Union Pacific and other rep
resentatiVe stocks was cancelled and
Rock Island preferred and Illinois Cen
trail fell a point below last nights fig
ures. Some of the minor stocks con-
tinued to make progress upward. Min
neapolis and st. Loui n Toledo, st.
Louis and Western gaining s, the pre-
ferred and Z. S. Realty ~, and Metro
politan Street Railway and National
Biscuit ?.
3 p. m.-The market closed irregular
on small dealings. A full recovery in
Wabash preferred stiffened the general
list. A number of specialties made
wide advances and Amalgamated Cop
per gained l and American Locomotive
rs. Minneapolis and st. Louis rose
5E. Toledo, st. Louis and Western 54,
Iowa Central preferred 5. National Bis
cult and New York Air Brake 31s,
Metropolitan Street Railway 8, United
States Rubber 2%, Mercantile Marine
preferred ?. Brooklyn Transit IA and
Southern Pacific preferred 11s. Prices
yielded again. Missouri Pacific going
down /. Keokuk and Des Moines sold
at s. q decline of g.