The Birmingham age-herald., 1905-06-24
ORGANIZED ADVANCE ? STILL CONTINUES Days Gains Are Not Widely
 Distributed
 ARE LESS EASY 10 ABSORB Spirit Which Dissuades Present Hold 
ARE LESS EASY 10 ABSORB
Spirit Which Dlssuades Present Hold. CTS From Selling Is Expected to Lead New Buyers to Come
 Into the Market.

New York, June 23-The organized movement for the advance in prices of stocks continued today and further pro gross was made. The market was on about the same scale of activity as for several days past. The movement, how ever, showed less consistency than on years or the day before. This was owing to the disposition to take profits in stocks which have led the previous advance with the advantage offered by the purchasing up new stocks to sustain the market.
 The rotation through the list was also less complete than yesterday. The days gain as a consequence are less widely distributed and the high prices of the day were less evenly maintained. The weight of selling to realize seem to show a progressive increase in the further price advance and proved less easy to absorb today than heretofore. The con duetors of the movement, however, showed considerable confidence in taking over the stocks made necessary in order to hold the advanced level of prices and were evidently disposed to proceed with the movement. It was said there was cases where selling orders placed above the market had been withdrawn owing to the better feeling inspired by the upward movement. Obstacles of this nature are necessarily met in starting market out of a prolonged inertia which has served to discourage speculative long holders and to make them Watchful for the hrst opportunity to get out and save loss. The withdrawal of such orders is evil dence of the success which Is designed by a professional and manipulative move ment such as the present has been since it's inception The same spirit which dis suades present holders from selling their stocks is expected to lead new buyers to come into the market New buyers thus far have not made their presence conspicuous. The selling for London ae- count was special burden today, the foreign markets being unsettled by re- newed anxiety over the Moroccan sit uation. Operators in stocks however showed the same disposition to ig- nore unfavorable factors as for several days past. The prospect of criminal suits in the Equitable Life affair was cited even as helpful to the market owing to the thorough going nature of the reform thus indicated.
 were decidedly unsettled by reports of conditions against the crop. Neverthe- less the granger stocks were prominent fin the days advance and were resorted to in the shift from the Pennsylvania group in which there was selling to re alize on yesterdays advance. The market showed none of it's former sensitiveness to the reiteration of the Presidents views on control and regulation of corporations contained in his speeches yesterday.
 The demand for the Pacific was accom- panied by renewed rumors of coming dividend on Southern Pacific. The prinr cipal buyer of the stock proclaimed his willingness to wager large sums as to the early declaration of dividend but no official linformation on the subject was +o be had. The weeks currency move- ment has resulted in a large accumula- tion here. estimates running to as high as s70Oo, GOO including routine exchanges with the interior. transfers through the sub-treasury from San Francisco, pay ments on account of receipts of klon- Ascal onerations of the government. A