The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-03-27

|iI[R MARKET
Tn WALL STREET
4. Move Upward With Buy
i i, Of Stocks Largely
Concentrated.
nr,L OF SPECULATIVE
INTEREST ANTICIPATED
|. Outlook Still Potent in
Meeting the Reading
Stocks.

\ xopK March 26.-The appear
.sa market was a good deal i'm
,,day Early advances encountered
|s,nt realizing. and the upward
Z, II prices spread here and there
ssrket until tho show of strength
4 ts,rly comprehensive. Buying was
[centrated still In a few specu-
+,oy,tes. notably Reading. which
Ia large proportion of the total
(',,ons for the day. With Reading
,-r fayorites included, the expan-
,te volume of the buying aggre-
.,lines was notable.
'ssnIng OF the week brought no
sn,nr out of liquidation as that
sIah isst week opened. This in IT.
'r'.esrar1led as n favorable symptom
-s.,'s5 speculative sentiment, since
~ ~ the course OF events for the
si had not Induced a feeling OF
r.nent on the holders sufficient
"4Sj Them 10 throw over stocks.
- the weight of any such offer
~ nrofessional contingent was en-
.esS to take the market In hand for
"'.srn 10 Wall street In increasing
u n notable figures In the stock
4, ,rnm vacation trips is held to ac-
4. arzp part, for the greater force
n In the operations In stocks.
=, commonly believed still to be
A strictly in professional hands. 1t
4 <rreral assumption that with the
.,ils present month the point OF
y, danger OF stringency In the
4 rarket Will pass, There is a
"a sentiment which uses every
Emulate the hope that the turn
r,flod will see a decided relnNa-
10 money market and 4 revival
,2s,lye interests In stocks. With
-rfa free today from any selling
4 trd with no evidence Of strln-
. Z tse money market with the nenr
-tA Of the April ! period, the specu-
. tsnsnL was emboldeaed to take
Ia th< market to anticipate the
= esnand Most of the movement
IL the operations Of well-deflncd
> b the speculation.
Bsadlng movement naturally as
II ilse!i with the supposed strike
u u the anthracite mining region
J q actual developments either In
tstnete or the bltumlnous dispute
nGee and mcaser. but the rumors
4 4 favorable prospect for a settle
he copper and smelling stocks
Eo,ed upwards In common. The
Ecks accompanied by Northwest
Eaee another center OF strength,
ksze was. movement in the Van
group In which New York Cen
!;1y shared.
lsoa had the bcncflt OF the ex-
thary showing OF net earnings for
~. Of which the rate on Increase
=, per cent Current reports OF
eld week OF the present month
\ tie unfortunate effect OF the
n ssAther A sharp drop in for
utsange under offerings OF bank
'-s was a feature of the day, the
- Eoing into the local money mar
lbzasn discounts declined and there
|tsvy receipts OF gold In the mar
e Berlin. supposed 10 be in transit
|2Essia
We Of gold was marked up in
= New York exchange at Chicago
| q par from 20 cents discount last
\ The Imperial bank OF Germany
gain In cash for the week of
+ With a nominal increase In
frt an expansion in note circula-
szctss OF the cash gain. The sub
% starts the week with a gain
III million dollars at the eX-
the banks. and that institution
rtdit at the clearing housc today
n The influence OF the Reading
~ on the market was sustained
r1cs went to the best of the day
sst hour. with the closing tone
strc Irregular. Total sales. par
e60.tG0.
slstes Is. registered. advanced
ne ", cOupon. per cont on call.