Stocks Rally at Close Sees Broad Recovery
Closing prices of major shares show gains from Thursday with large investors buying for long term gains. Analysts note the market firming toward a potential strong advance in 1968 as stocks recover from earlier losses.
Stocks in turmoils urge caution amid broad declines
The day’s stock operations show liquidation and bear pressure at the open with prices hitting year lows. Money market tensions, Sub Treasury withdrawals, and calls on banks weigh on values while some see relief through Treasury bond purchases and later rallies offsetting earlier declines.
Railroad And Other Stocks Daily Sales Totals
Total sales for the day reach 1 073 824 in a mixed report covering railroad and other stock movements and listings. Unlisted entries appear in the brief market rundown with secondary figures and unidentified securities.
Government and railroad bond market chatter and activity
Market steady for government bonds with final bids and asks listed. Railroad bonds show general strength with total par sales at 4,381,500 and heavy activity in Atchison 4s, B and O gold 4s, CBQ 4s, Reading 4s, Union Pacific 4s, and other drivers including Colorado Fuel and Iron convertible 4s and Consolidated Tobacco 4s.
MENTIONED IN THIS ARTICLE
U.S
Atchison General
Baltimore and Ohio
Chicago and Alton
Chicago, Burlington and Quincy
Chicago, Rock Island
Market closes with general decline in American securities
London reports a generally weak market for American securities, ending with net declines. Final prices follow.
MENTIONED IN THIS ARTICLE
London
Money and Exchange Market Summary
Money on call opened at 9 percent, high 12, last loan 6, close at 10. Time money quoted 7 7 8s percent short dates and 6 percent for six or seven months. Foreign exchange shows weak market with various sight and sixty day rates and bank posted levels. Domestic exchange notes par to discounts. bank clearings listed for major cities. Silver and gold markets noted with bar silver at 47 3 4 cents and Madrid Lisbon Buenos Aires gold premiums. Government receipts and expenditures reported for the day and month.
MENTIONED IN THIS ARTICLE
Reichsmarks
Guildere Cau
Paris
Belgium
Switzerland
Germany
Holland
Chicago
Cincinnati
Savannah
Lée
New York
Boston
Baltimore
Philadelphia
London
Berlin
Berlin Exchange
Paris Exchange
Madrid
Lisbon
Buenos Ayres
Washington
Hae Madan Tenet Nas
Imports of Dry Goods at Port of New York 1901
A transit record shows dry goods imports at New York port for December 12 1901 totaling 2,786,188 dollars in value with declared import values of 2,216,680 dollars and an additional 2000.72 dollars in charges. The entry highlights the scale of commerce at the Port of New York in that period.
MENTIONED IN THIS ARTICLE
Port OF
New-York
Lea Dee 12
Wall Street and Exchanges Foreign Trading and Money Movements
Foreign houses traded about 20 000 shares in the local market with a net buying bias. London markets were generally heavy while consols eased and bar silver firmed. The Wall Street News Bureau reports mixed money movements with banks gaining from interior cash but losing to the Sub Treasury, implying a softer bank statement than feared.
MENTIONED IN THIS ARTICLE
New York
London
Amalgamated Copper
Anaconda
American Jee
Atchison Common
Brooklyn Rapid Transit
Baltimore and Ohio
Chicago
Colorado Fuel and Iron
Delaware and Hudson
Erie
Louisville and Nashville
Manhattan
Missouri
Pracific
New York Central
Northwestern
Norfolk and Western
People’s Gas
Reading
Republic Steel
Rock Island
St. Paul
Southern Railway
Southern Pacific
Sugar
Tennessee Coal and Iron
Union Pacific
United States Steel
United States
Wabash
Western Union
Wall Street
Interior
Sub-Treasury
American Grass Twine
American Grass Twine Company
Faa
Dale elected president of multiple rubber firms
D. C. H. Dale, founder and president of the Peerless Rubber Company, has been elected president of the Mechanical Rubber Company and the New York Company and vice president of the Rubber Goods Manufacturing Company.
MENTIONED IN THIS ARTICLE
New-York
Chicago
St. Louis
Pittsburg
Lake Erie and
Western
D. Cc
Market Watch Points To Iron, Copper and Rio Tinto Movements
The Wall Street Journal notes three key focus areas for market values and prices: iron and coal stocks in German markets, spot copper and Rio Tinto shares in London and Paris, and the Chicago exchange on New York. It cites improving German iron and steel shares, stronger copper and Rio Tinto amid rising electrical demand, and a Chicago exchange trend as a potential money-flow gauge despite packing firms enlarging loan exposure.
MENTIONED IN THIS ARTICLE
G Nsylvania-Wabash
McCrea
The
Pennsylvania
Wabash
Pittsburg
Pennsylvania Railroad
American Car and Foundry Company
St. Louis
San Francisco
Belington and
Beaver Creek Road
London
Bradstreet
American Locomotive Company
New-York
New Haven
Hartf
Paris
Chicago Exchange
New York
Germany
Empire
Rio Tinto
Chicago
Civic Federation arouses wage peace amid steady trade notes
Dan's Review reports the Civic Federation meeting promoted industrial harmony with few frictions and expectations of amicable dispute settlements. It notes rail tunnel work will inject money and jobs, retail trade rising due to cooler weather and holidays, while wholesale trade remains quiet.
MENTIONED IN THIS ARTICLE
Dan
Civic Federation
Pennsylvania Railway
Outside Securities Selloff and Mixed Market Activity
Trading in the outside market opened with heavy declines then steadied as inside market conditions improved. Northern Securities led activity with a brief 1 percent drop, later recovering to gain. about 22,000 shares traded. Copper shares remained weak while Seaboard Air Line issued showed light demand, and several issues moved only modestly with mixed gains and losses.
MENTIONED IN THIS ARTICLE
Seaboard Air Line
National Enamelling
New-York Transportation
British Columbia
Tennessee
Montre
Boston
America
Greene Copper
Union Copper
Iires
Philadelphia Stocks Briefs
Asp Co of Am Ss 22 Newark Pass 5s 116 ES Ind P Ry Co 5s 10 109% People's Trac 45.104 ws N J Con 5s 107-10783 Union Trac 4s 97% Nat Asphalt 5s
MENTIONED IN THIS ARTICLE
Mex Cent Ist Inc
Inc
BTL
BR & P
S.wi
Cc & O
Guy Lik
E ‘Inc
Jenn
Lev Céea
F & Tt
Enea
A&a
Ist
FR & T Inc
St L & W
Tenod Union Pac
Kan City
F & RB
Do Ist Inc
Eas
Albany
Sus Adams Express
Allis Chalm
Ste
Amal
Amer Agrhem
Amer Hide & A
Amer Bicycleas
jAmerican Coal
Amer Cotton
Amer Dist
Amer
Am Tel & Cable
jAm Tel & Tel
Amer Woollen
Ann Arboree
Atchisonie
Ealt & Ohio
Boston
Brunswick
Buff R & Pitts
Butterfeit Co. Bas
Canada South
Thy
Canadian Pacific
jCentral of
Ches & Ohio
Chicago
Aiton
Chio
East Mi
jChic Bar & Qy
Gt West
Ind & L
Mil & St P
Cleyv L & Wheel
Col & Southern
Col & HC & Ir
del & Hudson
del L & West
Deny & Rio Gran
Deny & Southw
MN & Ft
United
Erie
Evans & TH
Mo Gen Chem Co
Hocking Valley
Claflin
Illinois Central
CF S &M
Keoxt & Des
L. E & Western
Long Islan
Louis & Sh
Mar Beach
Michigan
P&sem
Kan & Tex
Misscouri Pacifici
Nash
Vine
Nat Biscuit
Nati
New-York
Wh & i
Don
nSlack & W
Ont & W
Norfolk & West
North Amera
Janis
Ontario
Penn
Peoria
Peo
Pere Marquette
Asi'p
R_R Securities
Rep Iron & Sti
Rock Island
Bate
Rutland RR
St Jos & Gr I
L & San F
St Louis Soutaw
Sloss -Sh
Southern
Tol Peo & West
Tol St L & W
Nawighens Ag
Twin City Rtr
Union Bag
Sanees & P
Union Pacific Setesee
U S Express
U S
U S Realty & C
U S Steel
Caro Chem
Ie Wabash
Wens Fargo
West Union Tel
Westvneh Mtg
Wisconsin
Lewta Ing
Sale
Hide & L
T& SF
Bali & Ohio
Chie & Alton Bom
M & St
Col Fuel
SLY
Col Southern
Col & Heck Coal
den & Rio G
Bay
del Southern
Heck Valley
Louis & Nash
Manhattan
Met Street
Mo’ Kan & T
Pennsylvania
Rep Steel
Tenn Coal & “Ft
Texas Pac
Union Pac
West Union
Wheel & LE
Frederic H Hatch
Ieee
American Book Co
Amer. Press Association
Amer Soda
Amoda Foun
Soda Foun
Enna A
Barney & S
Bay State Gas Oe
Borden
British Columbia
F&a
Chesebrough
H. B
Dominion Securities
Comei
Electric Vehicle Co
Empire Steel
Hackensack Meadows
Havana Tobacco
Marvin
Hall
Hoboken
Hoboken Land
Hudson River
Inter
J. B. Stetson
J&s
Jas
Lorillard
Madison Square Gandes
Manhattrans
A's Mergenthaler Linoty Vee
Montreal & Boston Copper
National Enamel & Stamp
National Enamel
New-England Consol Iceratams
R. Ferry
Y. Loan & Imp
N. J
Niles-Bement- Pond
IRA Northern Securities
Otis Elevator i
Otis Elevator
Old Dominion
Pacific Packing & Nav
Mere Pacific Packing & Nav
Pratt & Whitney
Procter & Gamble
Seaboard Air Line
Simmons Hardware
Singer Mfe. Co
T&t
Swift & Co
Jerats
Tennessee
Seanson
Trenton Potteries
Trenton Potteries New Pre Trow
New
Union Union Switch & Signal
Tinton Switch & Signal
Union Typewriter
A&Éoo
Universal Tobacco
M&n
Name
Capital
Alliance Realty
Atlantic
J. Amer Suret
Bsors Ba & Mte Gr C
Bowling Green
Brooklyn
Century RI
Central Con Cescese
R BA & T Co
SF. & A. Continental
J. Jonial Oe
We &Is
Empire State
L & Tr
Fifth Ave Tr Co
Flatbush
Franklin
J. Guaranty Tr Co
Guardian
Hamilton
Hudson
Inter Brig Corp
Kings County
F. Knickerbocker
Nat'l Surety Co
F& A
North Amer Co
Nassau Erence
Osi
NY Security & T
Omtemenneece
Mtg & Sec
J. OH Real Estate T Co
Ace I
Realty Associates
Gr & Tr Co
OO Te Trust Co
Am VO
OO I & 2 Trio
Republic
Usm&t Co
United States
van Norden
Washington de
Williamsburg
Ny&e
Mutua
Il & W
Denver
Syracuse Light
Ind NG & OG
Asp Co
Am Ss
Newark Pass
ES Ind P Ry Co
Union Trac
de Haven & Townsend
Walle
Elec St Bat Co
Phila
Phila & Eric
Elec Co
Aca
Fmt Park TC
Sus Iron & Steel
Ins Co
Tidewater Steel
Lehigh Nave
Lehigh
Union Traction
We Marsden
Welsbach
O. Do
Also Mentioned on This Page
Farly
Mexico
Amc éFer
Wee North Am Co -111
G& C
Bett & Ohio
Gnes
Ohio
Chic & Nor W.*214* Do Pref 6 Col F & i
Owl & South
del & Huésor
Texas & Pacific
Big Evens & Gen Electric
L& W. Omnes
Gt North Pf
Hock Valley
Milnois Central
Leath
Kan City South
Realty & Zion
Touts & Nash
Steel Met & Rg
Central
Missouri Pac
West IT Tel
Wis Central
At&s F
Cen Ist Inc
B&o
Esce
North Pac
le Chic & A
B& Q
Oregon
Cri&p
F & Iconv Ss
UN Pac Ist
Briegen
New York Central Bond
Secretary of the Treasury
Treasury
Commission House
Commission
Stock Exchange
Consolidated Exchange Sales
Ing. Iceman
Cal & V
Mollie Gibson
Portland
Salle Ing
American Securities Abroad
New- New- York
York
St Paul
Isres
Nashvile
Tsylvania
Money and Exchange
Wall Street and Exchanges
Wall Street Journal
Outside Securities
Persoa
Acker, Merrall & Condit
Barney & Smith
Carnegie Steel
O Grain Elevator Inc
Cc. & O. Grain Elevator. Aces A&Éo Bb] Hecker—Jones—Jewell Més. Hoboken L
Iseneeee
M&awn
International
Madison Square Garden
Maine Steamship
Metropolitan Ferry
M&n J
Trentor Potteries New Bonds
Texas & Pacific Coal
Union Ferry
Clinton Gilbert
Joseph Walker & Sons
Aska
Susy
S&@J
Alleg & West
Tas
Augusta & Sav
Beech Creek
Qsa
Bost & A
Boston & N
Nynh& A&o
P&a
Conn River
Danb & N
Nynh & H
Day & Mich
CH & D
H&s Witls&ms
Erie & Kal
Erie & Pittsourg
Fitchburg Pf
Franklin Tel Co
West UN
W & JI
S&ms
Garr& L
G & Stock Tel
Grand Rio Val Ofich
J&i
Greene
DL & W
Inter Ocean Tel
Jack L. & Sag
Kcsl&c Pf
Cc & A
A&g
Rtls&m
Lake Shore Gtd
LS & MS
Om Little Miami
NH & BH
Qi Oswego & Syr
Fea Phila
Trenton
Pitts B & LE
LFE
Pitts F
Tiple
Saco & P
Rost
Rens & Saratoga
del & H
Rome & Clinton
del & Hy
T&d
Rome
Nyc
Saratoga
Southwestern
den of Ga
Utica & BR
C& 4
M& Trtea C & Sus
tEx
R. L. Day & Co
Nassa
Dominion Coal
Bost & Albany
Boston & Me
Ec IR
Arcadian
Mir
Bingham Min
Fitchburg
Cal & Hecla
Mad
West End St Ry
Mass
Osceola
Tel & T Co
Old Dom Mi
New-Eng