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Show v x r ' mm. . Bulls Fcrced.to Cover on Several cf the Lea-ins: Securities. NEW YORK. Jan. '12. The market opened active and generally higher, the conspicuous exceptions being Pennsylvania, Pennsyl-vania, Missouri Pacific and United States Steel, In which there were fractional frac-tional recessions. There were heavy dealings in Reading. Atchison and Erie on running sales of 4000 to r.000- shares In. each case. The range in prices of Reading was 61 to 62, compared with 61 on Saturday in Atchison 83 to 8S, compared with 88 on Saturday, and In Erie 41H to 41, compared with 41tt on Saturday. Elsewhere the dealings deal-ings were on a moderate scale," . A general selling movement developed after the opening, which had the appearance ap-pearance of a bear drive, encouraged by the signs of liquidation in Erie. Losses In-that stock. Reading. Missouri Pacific and the Pennsylvania group ranged up to m. but the moat prominent railroad stocks fell nearly or quite a point. Industrials In-dustrials were less affected, but Tennessee Tennes-see Coal. United States Steel, North American and Western Union were weak. Sugar resisted, the decline and later rose a point over. Saturday, and the whole market rallied a fraction and became dull. v The trading was listless and the recovery re-covery did not proceed far. The hardening hard-ening tendency of foreign exchange and time money acted as a deterrent. Reading Read-ing recovered to Saturday's level and some other stocks nearly so. Sugar fell back slightly and the early strength of Atchison was not fully revived. Speculative bonds were weak and others firm at noon. The movement was very sluggish, but mainly downward. Sugar was an exception excep-tion and rose to the best. Other stocks were at the lowest. The Wabashes lost 1 each and New Tork Central and Denver A Rio Grande and International Paper about a point each. Lackawanna lost its rise. The market was in a semi-stagnant condition with the exception of sharp advances in a few rarely active stocks. SCansas City-Southern preferred rose over a point and Rubber . preferred gained 8. Toledo, St. Louis & Western preferred lost 1. Kansas ' City Southern and Rubber Goods made advances of ' a point, but prices elsewhere settled down to the lowest. low-est. The closing was dull and heavy. Closing stocks: . Atchison. 88: Atchison Atchi-son preferred, 100; B. A O., lOWic; C. & A., 86: C. O. W.. 28: C & O.. 49; Brie preferred, 70; Illinois Central, 149; L. N.. 127; N. T. Central, 15SH: Pennsylvania, Pennsylva-nia, 16; Reading, 1; Reading first preferred. pre-ferred. 86; Southern Paclfle, 66; St. Paul, 180; Southern Railway. 85: Union Pacific, Pa-cific, 1004; U. P. preferred. 94; U. S. S., 27 ; U. 8. . preferred, 88: Wabask preferred, pre-ferred, 46; People's Gas, 106; B. R. T.. 64; Missouri Pacific 110;-Copper, 63; Sugar, 132; Wisconsin Central. 37: Wis. Cent, preferred, 63; corn products, 83. |