The Montgomery advertiser., 1906-11-28
THE STOCK MARKET
EVIDENCE or STRENGTH
 IS GIVEN.
The Eject On Speculative Sentiment Was Mneh Moro Reneklcial Especially 1lewardfng Railroads of the
 Southwest.

New York. Nov. 27.--The stock market gave substantial evidence of sstrengtn to- day again. the preference of buyers turning more to the high priced dividend paving atocka The effect on speeniauve sensf e,,os more beneficial than when t shows oniy in the low priced, non-dividend paynng stocks Some of the latter wer1 ssprssssh,S- ass,,v amongst the Southwestern railroads YhA ruanovs of hccumulatiens Of Missouri AAtr sas and Texas shares in the interest Of 9reat Northern control continue to have force in I But tue most potent factor in the Eree.sF ellie annuai report. The accuracy of the forecasts of the main fact or the ,ferofe made t evident that aecess mas s neeh h@S ahs ss limitation of the actual income apRileapIe to dividenda both from operation and argm ics to below 1s per cent. contracted with recent claims that showing of at ieast 20 per cent. would be made, Selling of tae unloading would follow ths publication of the showing. The slppsrt AeeorSsa s tne .n ss9sE toaay sea ts hsped to advance the price An important feature of the re- port was the light # threw on the Ietnain1 tsa.ls Northern preferred, in the Oregon Short Line treasury. Inference. drawn from ths preceding anusi rsncEt Ss the ,,saag sseoua been m marketed seemed to be disproved by this years report which showed that 100000 Exchanged after the compilation of the for Iner report, The amount of new Great Northern preferred stock subscribed Ter un- der the offer to stockholders was equal 10 the faii proportion on the entire holding ae- quired from the. distribution or Northern Securities assets, Account was taksn i, N.Jo dend on Southern Pacific was included m the statement of the other income, The re- tirsmsnt m sne esnssrts' ssssts the treasury, and income from the proceeds of securities sold during the year are to be reckoged lh addition. The buying of Union Faclfle was on an impressive scale and sympa- thetie effect was produced on the Whoie
 Evidence of support in the outside market for the Great Northern ere rights removed one cause of yesterdays heavy tone Ine bs closely followed by the December tst payments had some oppressive effect on the market. December payments are unpsu, and interest payments running as high as S7e.o000o Amongst the EsquiTem1ea5Is me, I,s. onl Friday and Saturday are included the Shit- S..i,- depd, calling for ss, ,lo0, 600 and Atchison semi annual dividend on the common stock During December the standard oil divi- dend on the 18th calls for nearly e10,0Ne9ae- From the 17th to the 2sth of December. Central stock, which calls for nearly ESQ., 900. 900. the rights of subscription expiring on Friday of this week; Tss tt,ns progress aol el closes little relaxation in the eaFTy over rates charged at the last settlement. Some money is being withdrawn from thls market for Canada, as we'll as for San Francisco The deposits for the latter puF- pose are affecting the showing of suh-treas- ury operations which have takt n S2,lS6,o00 from ithe banks since the last bank state ment There was some realizing on the day's advance but the closing tone was generally firm.
 Bonds were steady Total sales par value S2. 2.44s, 900. United States 2s, coupon, the Ss and the old As, registered, declined A and the old As. & per cent on ealL
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