Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1910-12-11
new YORK STOCKS AND BONDS
Jobbers and Retailers Throughout
Country Find Business Good.
RAILROAD EARNINGS DECREASE
Feature of Past Week the Crop re
port Of the Year, which Breaks
All Records.

NEW YORK. Dec. 1O.-CSpecial Tele-
gram. )-Business interests I'm general are
nov turning attention TO the immediate
future, rather than TO the present dealing
In stocks. for a prosperous season. An
unusually large retail business is now
being realized by the merchants. From
NE present outlook the Christmas trade
VIII aggregate more, probably than any
one OF the past few years, as the jobbers
nave reported an unusually large business.
feature Of the week in the business
world was the crop estimate issued by the
secretary Of agriculture. This report shows
mat the value OF all farm products in the
nited states for 1910 was SSS3jO9OOOO
over 1909 OF S3O5, 10000.
The corn crop valued at $4,000 900 is
nov about az In the crib and the cotton
picked. The tobacco crop. valued ri
ts5 coo. coo, is now ready for the market.
The immediate financial developments
LOT the week from financial standpoint
caused a temporary easing up Of English
elscounts, rise In money rates here and
IN demand sterling close to 1854
Gold Coming This Way.
The fan in exchange brought with It the
posslpihty and probability Of an import
on gold, rumor having II that an engage
ment had been made for Shipment from
LONDON To New York The current rates
on eNehange are unusually low for a period
- near the close OF the year, but a care
ful analysis OF the situation will at once
reveal the fact that much lower rates
man last year are perfectly justified at
the present time. The maturities this wear
are insignificant compared with tboss 81
last, ana the country. through European
absorption OF American suretles in earlier
i n,. OF 1910 and the great commodity
exports Of September and October has
nquldated much larger proportion than
seherally supposed OF our debit obligations
Business in the industrial world vas
not so favorable as that Of the mercantile
ana agricultural during the week A large
per per-, cent OF idle labor was admitted BY
Judge Garys statement I'm behalf az tbe
steel corporation. and altbouSb aocoriinS
20 November figures iron production has
osen further curtailed, II is still keeping
also oS of demand; Gurtallment OF output
also characterized the copper producers
report; out IN copper also production Is
beyond requirements.
Hhe hHiirOad Earnings.
O. Railroads earnings were uniformly I'M
favorable. The investment marker has ne
gun again TO exhibit signs or snimstio,
Ihere was a similar stirring in the early
IAN without any lasting result II may
po,b Inat the present revival OF inquiry is
,',Is out seasonable reinvestment
movement, but a better tone now could
easily grow into strong and active rnarket
Lor bonds and notes.
interest in the general trade NJ the oo,,r
Wy uuflhg the week has conVerged mainly
upon the retail business, which has been
. nsa kood IN most sections with consid-
SIADle setlVlty In special cases particu-
iatlg IN regard to the holiday trade.
After an Irregular opening the stool,
market continued the advance that has
marked trading since Tuesday. Al the
Slose OF the days business the sdvance
Ior the period extending over five daVs
two points. "a "'i'i0SI
active Stocks show Gains.
All OF the active shares sold higher fol-
loving a decline of y to " There was
tAlr amount OF activity at the rising prices
heaolnB, which had the maximum decline
Up 10 tuesday, he'd received nearly hair
OF It's loss today. There were gains of
-Four points and over in Steel linton pa
st. Paul anu
Bank clearings for the week wer. less
IMAM per cent under a year ago for the
enure year. In Chicago there was an in
crease OF Sts per cent, and of 1919 per cent
IA OF. Louis, and smaller gains In Eoston
anu Baltimore. The decrease in this citn
- mainly represented in the difference he
tween tween stock dealings this week and "a
Ihe bank statement shows that IN the
average loans increase $1,000 900: but on
S SnS actuahty decrease $14 300 600 Cash
holdings decrease IS, 800 900 in the a,,ara Sa
s DHI oniy A'5Oo.OCo In the actual. AS a con,
% sesqunence surplus reserves which fail
fo,oOu,VVO IN the average showing, ACTUALLY
increase $6OOO'OO0 in the weekend fIsIireS
Number OF sales and leading ouotstions
Oh STOCKS We're as follows:
AM -, Sales. High Low C,Iose