The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-12-27
MARKET =
IS UNCHANGED
Long Rest During Christmas
Holiday Had Little Effect
on Prices

New 1Ork, Dec. 2t.-The appear
ance Of the stock market today after
the triple holiday, was hardly changed
and trading was in the same dull
montons as during the preceding
week. With the few exceptions price
movements were only nominal. The
market remained in the hands Of pro-
fessional operators and there were no
indications Of the entrance of q new
element for the present. At this peri
Cd such g. narrow, dull market as to-
days was not unnatural. in view of
the fact that bankers and business
men in general r concerned largely
with making plans for the year end
and the adjustments which it involves.
Interest In the fluctuations of stocks
is restricted for the time, and with ma
occurrences owe the holiday to in
crease the market trading came to a
complete standstill several times dur
ing the day. The total transactions
for the day were only Slightly in ex-
cess of 100000.
Trading in bonds. which often dur
ing recent weeks has been we'll sus-
tanned when transactions in stocks
have diminished, was again fairly &C.
tive. While the bond issues which
have been brought out recently have
been absorbed readily and in some
cases largely over subscribed, the in
qutry from day to day for bands which
have been on the market for some
time Is said by dealers to be less .ac-
tive than might have been expected in
view OF the large dividend and interest
disbursements next week. Among the
few stocks which moved widely to-
day were Lehigh Valley and Great
Northern certificates were conspicu-
GUS. The ore certificates showed pro-
nounced weakness early in the day,
selling at a time for a decline of three
points. Lehigh Valley rose to the
highest figure on record since it was
listed in New York. but later lost more
than it had gained.
Tn copper group developed
strength in the afternoon. Anaconda
and Utah copper had substantial gains.
United States steel showed moderate
frmness. Reports from the steel trade
continued to be Of favorable character
and 1t was estimated that by the first
OF the year the plants Of the steel cor
poraion would be running at close 10
SIS per cent of capacity.
Money rates showed no reflection of
the impending heavy demands for
January ! payments and it was appar-
ent that there was a large supply of
loanable funds on hand. The banks
received large remittances from out of
town correspondents which are pre-
pared to take advantage If an upturn
In rates II such a movement occurs at
the end Of the year.
Prices were shaded in the bond
market. with Wabash as showing con
s%picuous heaviness after a slight ad-
vance. Total sales. par value $3,003,.
900. U. S. bonds were unchanged on
call.
Cattle Market.
Chicago, Dec. 27.-Cattle-Re-
ee'p pt = ] 1900 S9t market steady; beeves.
s4:ss @ 80; Texas steers. s4.2o@5.75;
and feeders. 1926 a 5.s0; cows and
heifers. $2.oo@6.60; calves. s4.75@
1925. ~
Hogs-Receipts. $1,000; market,
slow; light. $5.75@6.20; mixed, $3.50
g6:35; heavy. sos @6.4O; rough.
$5.96 @6.10: good to choice heavy,
$6:1o@6.40; pigs, $3.50 SIS; bulk Of
sales. $6.O5 a 1925.
Sheep-Receipts. $4,000; steady:
native. $2.5O@4.25; western, 32.75@
4.25; yearlings. $4.5o@5.50 lambs, ma.
tive, $4.26@6.40; western. $3.50 6.35,