The Montgomery advertiser., 1905-11-19
WALL STREET REVIEW
PIECES RUSH UP IN ANTICIfAI1oN or MONEY SHOWING.
Bank ststemsut piscioees Better Ceuai-
 fhe Upward Msvemsnt

New York. Nov. fs.--Prices pushed up ar
 S.ss.s sh. snss %sss M up sss sSs Of rss s' ss ssss 1s a ss: ss. sSovs ssSwsa tn. sasps ss per cent legal but the movement of stocks developed come y irresuIsr na witS many of the promsnt stocks showing small ne. losses from la. iest hs1S @his iHms shs se Sanf f asss.msns @ showed the rsiss a Was et s si t m the changes in the various items aroused ssm owes s:es s n..r Tfs sa,ooo.oe 900 which is accounted for approxi- show " as s ssSss if Gso ss to the banks at this csater from Canada and
 The improvement in the bank statement . snss due due s ths 1T banks: on september ssh of this year :s october ' 4 .ei. ys.. % sSs asss:s.s V: @ %eeE in the Sissory o Of tss eis.rns ing house
 liauidstion which was confined .to Monday | and Tuesday .represents any such reduction sssas' sn toa rS
 ns ss, rrss s r:ss and s Inso sains were made in the prees of the fedsrsi mining stocfs thess Of me soussern seysssi Ssss souassrn r.iresas osn xeriesn n Snuff Brook l lyn Transit and number of industrial spec, ass of ess or s,aSs rns rns bssa | ing. Total sales of bonds par value, s2,sib.-
 The operations of the week in the stock market have refl6cted the compelling in fiuence on confidence of the great prosperity confidence has been persistent In the race of the necessities of the money situation concentfated on money market demands and the violent alternaticns of the week In sssa s0'eS spssm s of p ans ns a Ss e money market stocks rallied we'll up to the effect if ls't of showing of actual deficit in the reserves of the he banks a,
 f then actual Sn psr reserves to deposits as reported In last ssturdays bank statement , saoweS S ysaase Sn@ase condition of the clearing house banks at
 time for than ,ss ssG only sy an eabGra.e ssy,san,Sf sys,sm of ''A The atirastion i ' of isst weeks hish money foreign funds throash the medium If the iarFs ss,rns to New York from Canada and some of the domestic interior centres The Ia siso relieved % by pVt the % increased volume of pension payments and by lessened demand crop crop. But with with the s decline in the money rate and the renewed anxiety over the con Sound % in m the 'f foreign e' exchange rate which , threatened resumption of foreign pressure V" This course course of events demonstrates how
 widespread and indeed universal Is the nres-
 sSs ias prs.en meres eondan | United states unprecedented trade activity
 high prices for commodities; m some % tieins ins uI portation by the great congestion and AT extensive supplsmsntsry demand md Ia.sr in tht ,, ous conditions. afforded abundant explana- . ton of large and eager demands for money
 that h s the secondary effects are are being 9 felt o Q the great war credits which have been ,, iii 1T demand for commodities in the prosecution eommodities co @ is unproduotive in an economic sense and amounts to dlssension Of capita ] loans which are now looked forward to ar' largely designed for retundng of debt ,a,l al,
 sS%p.iSn SaOsnSdf'f and for rspar % n h prosecution. of the war: In the tsstimRn,
 Sshorty iSaon on ae R saSsc asseed as
 smi' on a n sSs worlds market
 for . considerable time to come. The cours of the weeks foreign exchange nnarke
 shows that only the maintenance of higl $ money rates in this market will avail t protect t from the recurrent demand of for
 Bonds were but slightly influenced by tn. | liquidation which occurred in the stool
 market and moved narrowly, also in tn | recovery.
 | X per cent. while the new four's declined | h per cent. on call the week.
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