The Montgomery advertiser., 1906-04-17
E THE STOCK MARKET.
TRADE ACTIVE DURING FIRST HOUR
 or THE SESSION.
Large Percentaze ef the Days Business Was Transacted During that Period, How evcr-Most of the Eartcr Ad-
 vances Loet Before Close

New York, April is.--Thc general demand for stocks today. prompted by last weeks important devciopents in the money market, on the whole, proved moderate: Trade was exchange session. but a large proportion of ths days business was transacted n mat time and in the final hour they were gene raiix lost, This was something of disap. 's,i,, had counted upon a decided revival of spec ulative activity with the definite breaking The fact of the breaking of the strinency was undeniable and no further apprehenslon of immediate scarcity of money was heard expressed. The moderate effact on the
 stock market of this long hoped lar ,, onHdi- asi
 lures. The considerable advance of tho lat
 ter part Of last week was regarded as nay
 money no sS situation 'I to % some derres The fact
 that London observed the Easter Monday
 n9hlsday foday left open ,Se ed,oes ho,h h o1 the stock market and on the nancy rates In London as the result Of the forced with drawals of gold from there for the New York account
 An unfavorable effect on the London mar se sold i"s supply iy' secured cured English newspapers some apprehension as to the results in I4on- don. Last weeks engagement of gold ra- including an ergagement made on Saturday too late to be reported. Todays statement or the sun-treasury operations Wifh the ment institution of s1s.sfs. 900. making a total loss thus far for the banking week of SIG. .sS6.00o
 This is due of course. to the deposit of government funds with the banks against engagements of gold under the plan of the Secretary of tho Treasury announced Sat urday This gain by the banks will figure in next Saturdays bank statement. Under the Secretary of the Treasury's plan. howey- CT. the, banks receiving these sums will cover them back into the sub-treasury on the arrival of gold. The strength of satur- days bank statement is thus to have been achieved without the operation of the neg plan for fseilitasins gold imports; ,,. of currency to this center which set in last week was still in force. There was vcry active discussion in banking circles of the measures to stimulate gold imports. In the stock exchange circles the fact that a new precedent had been set in the matter caused dtions in the money market had been more sei ous than commonly supposed to prompt such departure from established GUS tom.
 The decision of the governors of the stock exchange in keeping open the exchange on SC mething of the same effect on sentiment. The show of strength in todays market was fixing of Thursday for the dividend meeting on AmalEamated Copper induced active suit Forced selling of Butterick Publishing Company broke that stock 13 points. the decline beins attributed to fear of losses by strong but call money worked easier during the day. Prices of stockes. however, eontin- ued to recede from the early rise and closed easy and generally at net losses
 Bonds were irregular. Total sales pa" value s2.0S0 900. United States bonds were all unchanged on call.
 NEW FORK STOCK LIST.