| Show I FIERCE FIEROE AND AD I Bears Make it a Assault on the tho Market Today S RESISTANCE WAS STRONG Irle All II Sudden lt 11 oI of Mock Moc and Quiet New York ork Dee Dec Wall stroet came down to today In Inan nn an state or of mind over oer what might r on the stock ox ex exchange change All Ports orts ot of rumors wIte ns as a 11 ot of market markst on n this or that largo large open or l speculatIve 1 pool or clique which was heavily Involved by reason of at the constriction from the tho mone money sup supply ply and the shrInkage In values Iun Tho bears also were In a 11 mood of confidence and prepared to go to ex Ireme lengths In offering ot of stock they had yet to become pos poe ot of On the other hand the prep preparation oration made by Inside Interests to sup support support port their properties was on n a large scale llie result wa was a and ex cx exciting citing struggle between the speculative Interests Prices were mo lag Ing all ways at al once oace In the opening dealings and the vibrations were very ery wide The Th br attacked now one point and ond then another In attempts to reneW the general of yesterday ay 1 They hey wiped out tha opening 8 3 points rise In sugar lugar In a twinkling serious on the Iron and steel stocks and the New York City and ond got tIt St Paul Th H below s lOW fow level which wee s the lowest or of tb the year to that tIne There was a Rood good deal or of Indis Indiscriminate criminate selling but no 81 sign n ot of the hovy forced liquidation on which marked the last lut hour ot of trading yesterday The element had hod In Its favor Inor the tone developed In London by bythe bythe the rumOr ot of the relief ot of Ladysmith and the capture apt ure ot of nn an num number her ber ot of D Doers and Ind by the decIsion ot of the lie Dank ot of England not to advance the discount rate Tho announce announcement meat ment ot of the otTers ot of the treasury do de to anticipate the tho January government Interest without rebate had hada a 1 cheering effect In favor tavor ot of the Importance attached to 10 mone money con oon The bears a 0 dl to cover chart contracts qUickly on any dip In price and there thre were sudden ludden reo to ot of the violent loss It soon become became evident that there was a 0 steady absorption or of whatever amounts were offered ot of the standard stock As a consequence the bear beor raids became more mON and more frequent and by noon there thero was a general covering movement In foice and the level or of prices had tie en Cr above aboe met nights All around the market had Quieted down The rail rally carried priceD above the former high level The rise from the lowest wn waa 9 In Tenne Tennessee see coal 6 In augar 02 In American tobacco 4 In Y In Brooklyn transit and ond 3 J In St Paul The he buying do domand domand mand wa was checked at the advance and anda II a reaction followed but there thero were no break Prices hardened In the final making the closing and quiet ILl at substantial net gains for formost formost most stocks Bonus were low for tor the majority ot of but the exceptions Included some mortgagee IONE AND BONDS DOmS Money Ioney on call CAli firm at 7 1 per cent prime mercantile paper C per Iler cent Sterling exchange with actual business In hankers bankers bills lit at US 4 for ford d demand at tr for tor sixty days potted posted rates bomm bills Silver certifIcates 69 flat Mexican dollars 7 bonds steady Ss re reg 10 Se as reg do coupon new newIs Is rl rg Uti do ISI 13 old Is h rag do coupon Sa 5 reg 11 do SUGAR U steady refined quiet |
