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Show JOOR TRADERS CALL THE STOCK MARKET EXCELLENT on Pacific, Steel and Reading the Leaders; Copper Stocks Under Pressure From London. ' jlBy BROADAN WALL. JKterjiatlonal News Service. jKv YORK, Doc. S. Although a num-ymt num-ymt conllletlnpr developments confuned iBtock market today, confidence predated pre-dated and Union Pacific, Steel and nc held their positions ais leadora at ftclnj: prices. Tobacco Issues were K;r strongr. American Tobacco Boiling e 0 up ojiolnts. Lorlllard rose 3. ladlan Pacific rose 31 with actlvo ir for forelyn account on the rumor ( ,n largo melon would oo cut for holders. nlng prices were firm with advances , nlon Pacific, Steel and Copper. v me.fi In New Haven that carried the 'fl ?l).'iok to 75g unsettled tho markoL H orarlly and hrought dullness rather r J vcakneb-. Now York Central lost r lnts. Decreased earnings la a.flut'-it a.flut'-it cspln nation of tlic reaction In both p. New York Central will no doubt luyj t oxpcdlont to lower Its dividend and . ml business does not warrant even VcX -leant In Now Haven. tvy buylnp In Reading1 carried the ( rto 164. There Is a rumor current ' .this company will proceed with Its i for the separation of tho coal com-; com-; e from tho rallroud without furthor nre from Attorney General McHey- ithern Pacific maintained a firm tono Ito of the report of flood losses along Its linos in Texan. United Statu-s JBx-prosn JBx-prosn lost G2 polnt.s on tho announco-mnnt announco-mnnt that the government would Increase tho weight limit to llfty pounds January 1 for pnckascH by post. AmalKamatcd Copper was under pressure pres-sure with London selling. The increase of 15.300,000 pounds ln mocks during November No-vember was about as expected, but a break that occurred In the London market mar-ket upon the publication of the figures gavo the stock a weak tone hr. American Sugar, whioh passed out as a trading stock Borne years ago, Ir coming com-ing back from investors who arc far from pleased with present earnings or future prospects. A three-point drop today represented rep-resented the marketing of shares that Qiavo been hold ln strong boxes for vears past. The company will probably show that the present dividend Is not being earned and numerous suits Tor damages arc threatened. An easier tendency developed ln tho money markot with renewals at 5i per cent. Investment bonds woro ln slightly better demand with Inquiries for hlgh-grado hlgh-grado railroad bonds and municipal issues. is-sues. Floor traders called tho tone of the market good. Tho demand for Steel common slowly absorbs all tho offerings as they como to markoL The stock acts well. Union Pacific climbs up ntcadlly, and with a fresh speculative interest ln Reading the throe stocks should prove cx-Lccllent cx-Lccllent leadeni in an advancing market |