The Montgomery advertiser., 1906-02-08
THE STOCK MARKET
FURTHER FALLING OFF OF BUSINESS
 APPARENT.
General List Falls Into a Condition of Ac- tual Neglect.-Ticker Practically at Standstill at Times
 During Day.

New York; Feb. 7.-There was a further today and the Ssnsra list fe nto cond iative activity. in a few of the recent favor ton of midsummer dulness As it was the ticker was practically at a standstill at took on a semblance of stagnation.
 An incident of the lapse into dulness was the the neishboPhood dl0s of @ iast % nights ' cosins with growing disinclination. to move at all as The In narrow vSraton of the r9 market rs ewsi wss repeated several times during the day, mafiking the hestation of the speculative market of the operators with large resources
 There was no marked evidence of depres- demand Less apprehension was felt over the outcome of the wage contr6versy in. the any active selling of stocks But it is realized that the definite decision of the until the outcome of the consnitations ar ranged for next week In New York. Until Inat definits outcome the uncertainty of the influence, on Speculation.
 This probably had as much to do as any one thing with the unwilIingness to make speculative commitments in the market. The outlook Is for another poor bank statement the Monday following the inclination to de fer speculative operations is emphasized. The sub-treasury's absorption of funds since Saturday rose to nearly s5. GOO 900. according to today's statement of operations. There
 that sP ass sasurdays bank e statement % anders stated the decrease in cash. which makes it
 probable that the effect will be thrown over into this weeks statement under the work
 exchange continues to rule firm and the re
 large amount. Stocks weakened. on the
 Discounts were firm in London and Berlin.
 but eased slightly at Paris. New York ex-
 change at Chicago which had been at dis count, rose to small premium.
 The expanding tendency of bank loans here
 placed Se here by S Interior T institutions. while money rates were high. The present period of the year & however is , one of nSrmsi % lean
 large financial operations to this season. when currency is likely to be flowing back quirements upon available capital for in tended financial projects come in for con look. The few movements of any note In
 todays market were due to special causes. Pacifics are well understood, Amagamat- ed Copper was subjected to some pressure cv of the price of the metal Some o. the obscure soft coal stocks were marked up as
 a settlement of the wage dispute with the
 The rise in Distillers' Securities was asso- ciated with the report of advantages to fol- low the hoped for repeal of the tax on all
 cohoi for use in the arts. The closing de- regarded with ianguid interest owing to the general conviction of the passage of the bill. Interest attached to the statement of | the January shipments of anthracite coal, which were stated officially to amount to l 5.45S.0s4 tons, an increase of over one mill | lion tons compared with January of last
 year, in spite of the light demand, owing to 1 copted as having a bearing on the accumula- 1 tion of stocks in the event of a possible l strike. The easy tone at the close owed something to the effect of the weekly re- | view of the Iron trade. which reported the | market generally quiet and in spots easier. Bonds were irregular. Total sales par value, S4,165.000 United States bonds were | all unchanged on call