The Montgomery advertiser., 1905-09-16
WALL STREET REVIEW
MONEY MARKET INFLUENCE WAS
 AGAIN AssERTED.
Operations by Profesxionals to Lift Prices Checked--The Wabash system
 Played . Very Important

New York, Sept. 15.-The money market situation reasserted its influsnce on stocks today and checked the efforts by profes- ence ct the money situation was due more to the prospect of q poor bank statement market, although the ] per cent rate touch.- ed for money on call registered the maxi mum for the season thus far and served as an sdmontion of the actual scarcity of
 Some of the news developments were of . character that would have ave, been s, rsssrdeS % as question. The demonstration for wrestling present hands caused sharp advance ain the securities of that company Hut hostile amonss rs,.SsS rsilrosa owners ,ss stock market operators and the effect of the news on the general list became rath--
 There was q dread that the contest might veil a struggle between vast interests be- hind the nominal contestants which might inferences were drawn from the announce ment of the passing of control of the cin- einnati. Hamilton Dayton system to J. effects would be harmonizatien of various claims. There was a disposition to draw an analogy with the Louisville Nash vile purchase regarding which Morgan made a statement on the witness stand tha. @ out :, of the hands which he regarded as unsafe.
 There Is a suspicion that similar pur- pose applied to the present case and the outcome was a cause of relief to stock mar ket sentiment Continuous in analogy with the Louisville & Nashville case and also with the Hooking Valley case, It was con sidered probable that :he pewly acquired property would be psrceled out amongst va rious eomPaniss with a common interest in had to do with the special strength of Chesapeake & Ohio. although rumors also in sirsSatiOa of s., an intention to n Estimates of the weeks currency move ment differed widely but only by the amount of of S io to he
 had reached $6,270, 900 up to Thursday, with one more day to tigure in the result as il riations in the estimate have to do with the additional losses by the banks through the movement by express with the interior
 above the total surplus as 1t appeared ir last weeks bank statement. Another heays | loan contraction must be shown by the banks, therefore. to prevent the wiping out of the surplus There has been no evidence of with | drawal of the credits to the stock market; during the week, and 1t is deemed prob able in fact that some increase in loans ha, been made for use in the stock market
 Confidence is felt nevertheless. that tho process of shifting of loans from banks t I trust companies has been continued in suf- ficient volume to effect showing of loar
 reduction by the banks banks and the & conversion , | Nothing developed from yesterdays ru- | nor of further large gold engagements fol
 s0s mae an incident of the n dsy e The youme %
 sales underwent considerable shrinkage foi
 the day and the dullness was progressive
 up to the close. The days changes arr l Bonds were irregular Total sales, pal
 value, s2,s1O.oOo. United states bonds wer'
 all unchanged on call.
 | NEW YORK STOCK LIST,