Evening star., 1915-11-27
STOCK MARKET QUIET
THROUGHOUT SESSION
Few Important Changes Made in
Prlces-Foot Ball Interferes With
Usual Market Activity.
American Tobacco Ten Points Lower.
Cuban Sugar Scores Good Gain.
New Haven a Weakling.

| NEW YORK, November 27-The two
hours session was about as dull and
uninteresting any market has been
| for many months.
| The weekend quietness was accen-
| tuatEd by the absence of many brokers
and traders who made weekend out
of the Thanksgiving adjournment,
while the Army and Navy foot ball
game was another inducement to
neglect stocks and make almost holi-
day OF the day.
| Here and there a spot of strength
| developed and elsewhere a little weak
ness, but as a rule the price changes
were as unimportant as the stock
| movement.
| That prices held as well as they did
| in the face of the extreme dullness
| was a compliment to it's undertone;
| that few stocks actually scored gains
\ on the restricted operations may be
taken as an evidence of what might be
| expected under normally active condi-
tionS.
Only Changes of Import.
| The changes of special import ere
| in American Tobacco. which broke 13
points to PIG and recovered to 219; a
seven point improvement in General
Motors; a like advance in Cuban
American Sugar, and fractional
changes elsewhere.
The oil and petroleum shares were
easier, probably on the suggestion of
a tax on these products. California
Petroleum showing a point net loss.
Mexican Petroleum was u off
Weakness in New Haven featured the
rails 1t showed strength early, selling
to "a. then dropped to 1873, and re-
covered to 73.
Other changes in the list were not
worthy of special comment.
The market closed just as slow and
uninteresting as it had been through
out the session.
Brokers are inclined to look for
better market with the next week, but
are not fixed in their views and would
not be surprised at two-sided trading
market.
Trading on Diminished Scale.
Various factors, mostly constructive,
guided this weeks speculative market,
which was accompanied by higher
prices for numerous specialties and a
firm undertone for rails. Trading was
on a diminished scale, however-the
lightest, in fact. since the active days
of August and September.
Some war shares added to last weeks
spectacular advances, but for the most
cede- The temper of traders in this
class of securities may be gauged from
the fact that not single sale of Beth
| lehem steel was reported during the
five full days
Coppers and allied stocks were high
er. the approaching dissolution of the
Guggenheim company being a factor in
that connection. American Smelling
was strong. partly In consequence of
the advance in silver, which is coming
into increased circulation, especially
abroad
Steel More Than Holds It's Own.
United States Steel more than held
It's own, approximating its high price
of recent years. Conditions in the steel
Industry are more promising, If any
thing, than before, albeit the possibil-
ity of an embargo on exports or the
placing of a heavy tax on sales of
war munitions is taken into account
Railroads continue to issue highly
satisfactory statements of earnings,
those of this week including Baltimore
and Ohio. Southern Pacific and Union
Pacific for October. showing decided
gains over the corresponding period of
| recent years. The purchase by bank
ing syndicates of Baltimore and Ohio
refunding bonds amounting to $780,
| 100000. and Atchison preferred stock
of the par value of s10.000.000. offers
proof of the sound and broadening de-
mand from investors
The new supplementary British COM
| mercal credit of s50,000,000 is already
under way, and a Russian negotiation
to the same end is under consideration.
Private loans to French and Italian in
terests In payment of war supplies
figure in new foreign loans, which al
ready reach the total of S950,000.00