The San Francisco call., 1904-11-12
New York stock Market.

AEW L0Eh. Nov 1.-THE stock market
had IS weiss irles TO-DAY, and there was
aeete--l ---T.e1t F5t - sl,stsi5tn9 ar6
rr fr.rF rover n lhe demand demonstrated
i.se- beyond question in the latter part Of the
ta4. and tfe tendency 0f The continued active
leaall toward p reyersian D. standard rail-
r-a- stocks he--ed tie improving tone The
.rr llrlE were not heavily contested as has
been ls-sl -atel5 ard the market broaoened
.ut ulateria--g- This partly due 10 lhe
usr1 obscure eDecialties which were brought
forward INTO Prominence and activity. But
even in ne standard railroad stocks the buy
Ing came from more disseminated sources as
vas evidenced by the smaller individual blocks
dealt In The long strings q safes in blocks
M many thousand shares, which have charac-
lerizec The loa ines 10 stocks picked for each
days leadership, were largely lacking to-day.
The maximum, but the market had more ap-
pearance ~ animation and the brokers on the
rocr seemed to be buster than on the previous
dayE N the WeQk- During the first hour prac-
ucaLy the whole market succumbed to the
l.-e7 - CARED fef4 seneir.ig DeioW last
n-Eht TIE market was slow IN recovering.
ewing 10 the uncouvincing effect Of the
rious isolated movements IN specialties. The
result WIS 70 suggest a poor response 10 q
.aborlous eiIou 20 lift prices better i'm
lresa-n was rrDduce1 when Missouri Pacific
renewed its advance 0f yesterday. This was
the first evidence Of response IN the market
crop. which appeared after the stock market
yesterday closed Strength spread from Mis-
Gour Pacific 10 all the SOuthwesterns and
corn-carriers. including some of the Southern
group The corn prospect was evidently the
strong underlying force of the whole market
ArchiFcn was late IN responding. nctwithstand-
sr5oi so1uire5 l,. rbe ro-l5efeIIs, i@,s. - i.e
The great variety of movements in Epecfalties
seemed 30 be started by the violent jumD IN
- dcihe MAIL Another advance in the price
of Ama5Ea ri.sted Copper helped thar STOCK
and probably the general market The rTnited
states Steel stocks were consDicuously lag
gard In the revivinE market and were ror
belpeo by the late report that the common
stael billet holders had decided 70 recommend
product. The upward flight IN some of The
independent steel stocks was accompanied by
reports ~ project maturing for q mercer
NJ the Southern iron companies. The incoming
returns of railroad gross earnings for the first
week ~ November showed uniform ADVANCE
last years corresponding period which
was ErarifyinE 20 stockholders. The money
market was called slightly easier than yester-
cay. although the currency movement with
the Interior shows a gain on balance OF less
lers on SUP treasury operations and gold ex-
ports of IS. ia. 600 To-morrow's 50 600 600
q I'D export % cuba does not figure in this
enc wing Sterling exchange hardened here
~ another degree the margin from a resunlp-
Lon of a gold movement from here 10 Paris
ANe ldle rea4izng and animation Of the mar
Ae l-r lts appearance Of strength unina-
The bond market was strong and the de-
nlanl lcr some OF the better grade of invest
ueur Issues was erueciall-- frnrro,yed To+a1
sales uar value. 81, 920 coo
nlted States bonds were unchanged on
New York Stocks.
= y Hutton & Co.. 40 California street
stock ENchanEe, furnish the foIIovying offcss1
e-9los--iH pt that Exchange: