The Montgomery advertiser., 1902-11-22
WALL STREET REVIEW MARKED IMPROVEMENT SHOWN
 IN STOCK MARKET.
Doubtless Most Largely Due to Great CT Ease of Time Money-1ndica- tions of Cessation of Flow of
 Currency to Interior.

NEW YORK. Nov. 2i:-The marked i'm. im- lroyement shown by todaEs stock T., mabse sbs great CT ease of time money. There was no appar- ent reduction in the rate, but the wiiiinsnsss of certain large banking interests 10 .t enu Snan cial conditions hereabouts nave ohce .ion . been placed on substantial touhsH' snu1 nt There were indications also that the no" 9i money to interior points is at an end' s. A, though another transfer was maae 10 osu Francisco. this was mose tnan onseS sotnts and the preliminary statement of money move Ynents show a material loss to the suo-MSIsSS ,I,S ury with resultant gains to local banks Wniie much of today's business really in the nature of short covering. there IS ntae ooro. that the solid interests were heavy puys.s; Man. the frst time this week the movement Tn Man hattan was ovsrshadowed by that or anotnSss ,,es stock namely, St. Paul. That stock, wmSh MS was dealt in today to the sTen' o .na u Closed at that figure. making q net gain or o7s polnas aS No plausible explanation for the rise was sa s,enf of an extra stock issue may De made. The opening was again irregular witn Msn- haitian in the lead. though the otner ravsment sna |. and N. was also strong, The reported dssi in Manhattan, while still lacking official Ssr.sa sS1 sO. ,s nsenes on the buying side. although Manhattan moved irregularIy throughout the day and scored net Ioss Q. IL points The movement in the railway shsres gathered greater force before the end of the first hour, St Paul. Rock Islana; ME ME souYi Pacific, Kansas Ctty Southefn' tO.So' St I,ouis and Western and more obscure is- suee all making substantial improvement, m ths industrial group Sugar, Amalgamated cop. per. Tennessee Coal and Iron and Uniteo States Realty issues being the prfncipai req tures It was clear that the shorts were run run hing to cover especially in Copper. me heayfness of Manhattan probably was que h part to profit taking by one or more pools frhe improvement shown during the nnofhIhs seasion was more than sustained later anu with St Paul still the leader the general iist continued to move upward until at times tne movement was almost buoyant. Buying or suSn gtoeka as St. Paul. l.. and N. some ot tne Pacihcs Baltimore and. Ohio, PennsyNahia,, Beading and Copper was reported 10 DC oi the very best character and board room sehtI- ment was more cheerful than for sovne oays The closing was very strong ana acuVe Wi.I nrices very generally at the best Lonaon was a heavy seller and bought very ntte oI the rise Sentiment in London and elsewner' on the continent continues rather eearlsn. steI ling exchange experienced another snarP 1e vance due in part to further sales TOT Euro mean accounts fin this market The price wa fuIly 10 points above yesterday. but as ster' ling at Paris also rose ] cehtime the markets were about fin the same position 90 isf as sns exaort of gold was concerned
 Bonds sympathized with the rise Tn stocks. hut only to a slight extent outside or the Wabash debenture B's Total sales par Vaiue' S2 e7o. 900. .L. o,a
 limited States new As declined A and the old 4s t per cent on the last call.
 New York Stock List,