The Montgomery advertiser., 1905-12-09
WALL STREET REVIEW
srorux MARKET IS INCLINED TO BE SA" FEyERISH.
Nevertheless There Was Varlety oI siso- rous Speculative Movements, ana
 No Serious Damage to
 Values was shown.

New York. Dec s.-There was good deal deal of excited discussion Of the ncT momu rnsrket was inclined to feverishness from tune .o ,,. s, Nevertheless there was a variety oi visoIoas es ta values was shown even at the weak points in the market. There was very persiSns. sn . snt conviction tna that t. the aeSosit money in the National banks or 10 take tn- otn- CT measures which would reneNe , tnS Yort sLr
 There was some disapoiutmsnt apparent upon the opening of the stock marke. ens' enae tions in the market when they came down to business today Later 1t was asserted with great positiveness that an announce, ment would be made In Washington at l o'clock of the action to be taken, At.er !.,her, the cabinet meeting at wy Wasnlhi snv action had been taken or was immediately contemplal ed there were again some signs nerafars op again The money market itself was less sysrss ssppcasd sHfsRt hat sn. tsas of the common expectation tnat ac''oh was to be taken by the Treasury aoaay ansly 20 cent. as compared with an opening rate or IS per cent yesterday By miaday Sd the salaw Ta,s IS T per cent. before active operaticns were over for the day. As Fridays loans carry garded as ali the more significant Ths rates for foreign exchange moved again ana put an end to talk of engagements or goio
 The preliminary estimates of the weeks currency movements gave gave no s,snt promise TSe Se weeks absorption by the suh-Treesury of s2.734,00O has been supplemented by small movement on balance to the interior on reg loss there fore rises over 8. 100000 or con sideraby more than the surpius eAs.ne .hnse last Saturday t will be seen n,.s that these esr
 ed re f. tn The sh fG1 hra doubtedly turned some interior supplies this way and there have been receipts also iroH'
 The rise in sterling exchange was regard. regaIr,ds ed as significant. Yesterdays new supplies chequer bond redemption are mostly Tn the control of the bank of England and It IS not expected that they will be more than suffl- cient to correct the weakness or the reservss of that institution which has been abnormal for the season for sometime past. Exchange at Paris and Berlin also moved against Lon don today indicating the continued pressure from those sources upon London which will lessen the probability of that market surren- dering any gold. -.-,-..
 tinued to show remarkable resistance to the money situation the volume of dealings showed some contraction. The consplcuI ous upward movements were also In special stocks. Amafgamated cooper was especial ly strong with a further adyance Tn the price of metal and other industriais interest ed in copper moved in sympathy. The rise in Peoples Gas was due to reports ot an agreement with the municipal authorities; Tennessee coal was under the influence SUI l Pacific responded to the strong showing of net earnings for October. Many stocks tuched the highest of the day in the final hour under the copper movement ana the
 Bond. were Irregular. Total sales pa par T were all unchanged on call.
 NEW YORK BONDS. .