The Montgomery advertiser., 1902-06-14
ALL STREET REVIEW KARxET BRoADENED IN THE FINAL HOUR. x 1Eexed Upward Quite Generally with < esConsiderable Show of Strength. Bull Leadership Secures ! Large Following.

f& NEW YORK, lure i5.-Arter a dull and 4e1t1affng market during the greater part of 4Qd4x with isolated upward movements hero 4pq sfhere the market brcadened in the final @x411Ef and moved upwards quite generally with
 &onsiderahiea show of strength. The &C., &txtxx waS1Attributed to the same speculative 1HA4er wbp has been concerned in all recent 1r4IoftAnts movements and whose return to 7{4Ak Street this week gave immediate rise to 1tow nrS awakening. Whatever the motive 9f 1h< hpyfng, the bull leadership secured a l1rESf fpltowing today than at any time this W44ks uufNdthstanding a nuInber of new de
 ye1oEfdents mot immediately encouraging to a <Ige 1ll *ptid6s. The preliminary figures of the Mee& otafent movement which ares usually k1&*&<U1erkof interest in Fridays market, xAyH ID pxDrnise of asstrong. bank statement. Ih4s 1k .tKsasury absorption of S2. 4o6, 900 ap-, 1Ax<H}l{ mas been little more than offset by the t4fante of receipts from the interior. 1he1A9 no indication of any considerable loan eou1f1ntion during the week and the time
 9ouE@ 1uuatet continues to reflect the cautious 4eA34 of borrowers to- provide themselves for 4xeA sums for Considerable time to come. IuQ1<E crop news was regarded as unfavorabe. 0n 4Sfo4iftt of the complaints of too much rain n slht~ Southwest. Part of the strength Of &nsss was as attributed to ,s an imp, improvement in fully The figures of the May agricultural ex-' ports 1were decidedly unfavorable at the de- reeSKinF over sao. DOC. GOO, the breadstaffs nionss decreasing SIS. z65, 900 and amounting to dtiy about half of last May, Last weeks ex1Ior1s 1fx wheat and four show. continuance Of the lowkayerage. although. the most notable fnll1nE off is in the corn exports This does +1{[3It Qi1tF =HiicoukHEefieHt Ibz t1e HOpe an &ariy supply of foreign exchange to facilitate rNmittances for repayment of foreign obliga- lions. The advance of a point over in the Reading stocks was important sympathetic influence upon the late market but there was no news 10 show a prospect of an early set tIenaent of the strike. The increase in the de- mand for stocks was fncontestable neverthe- less. In cases the movement was due 10 individual causes, sugar advanced the overSold condition of the market for the fined product and was benefited also by the reports of a special Presidential message to Congress reinforcing the recommendation for Cuban reciprocity. There were number of very large Individual buying orders for Mexi- can Central executed in the early market. but the buying not followed up The drop of 81a points in General Electric was probably due to reports of a combination of cleo sricai misunderstanding companies backed by Influential capitalists. The stock afterward rallied 4 points, Chicago and Eastern Illi- nois rose Az points further on persistent ru- mors of an offer for control, The days reports of railroad earnings showed continuance of the increase over last years corresponding period. The, market closed rather quiet but steady. There was large demand for Wa bash debentuFe H's and an advance of 2i5 per cent The Burlington joint 4's were also in demand. The market generally firm. To- tal sales tpar value), S3. 900. United States 3's declined | per cent. on the last