Omaha daily bee., 1906-11-15
NEW YORK STOCKS AND BONDS
MARKET Kakss Iroup. Rs'pOpte to the
Easier Tone ia all Money
ST. PAUL LEADS ADVANCE IN VALUES
Rumors Of Purchases by Large
Operators aud Reports OF HRrri-
man ucrEer Causes Heavy
RuyinR ny Spectators.

NEW YORK. Nov 1.-THE stock mar
kct made a prompt response touaN To la7
easier tone OF lhe call money, WIN an az. a.
vance in All departments ON dealings
which took on az times, and in certain
stocks console yahlc degree OF animation.
The revived strength and activity W
tho market was distinguished by re-
uewal of many dormant rumors regarding
The properties OF witch the STOCKS leu
the movement The variety ana lncon-
sisteuCy OF some of these suggestions
represent 4urm.ses on the part of floor
OPERATORS ~ account Tor the transactions
Iu the stocks rather than IN formed state
wide range OF Cbuiecturrs as to the lucE-
tity " tine interests which were uperei-
ing on this large scale. Purely spcCuld-
tive operations by stock market pools we'g
suSl cCttd IN some cases, while IN others
brokers on the floor Of the Stock eN-
change prufessed to see evidence OF opera
lions for the account Of som" on the grNut
capitalists or groups Of capitalists the
occasional campaigns by whom form
which ls followed with confidence by many
of the smaller operators.
The remarkable movement in st. Paul
owed much Of its large following 10 the
conviction on the part Of the trader
that some Of the large concentrated busl-
ness in the stock was for account q
capitalists Of hTst rate resources and
frequently active in the market The
rumOrs which accompanied the movement
have been heard many times before. An
early intended otfer of subscription rights
to stockholders of new stock. to provide
means for the Pacific coast extensions,
alternated with the passing OF control OF
the property to Southern Pacific, or OF
Southern Pacific to St Paul as the favor
ties with the speculative following The
COMP letion OF the stock market settle
ment in London. without trouble, and with
less pressure Of liquidation on New York
than was expected evidently left some
bear accounts uncovered and there was
considerable buying for London accounts
here today. Sterling exchange, at Paris
fell back from yesterdays high point, but
stin ruled high. The remittanCes in prog
ress from Paris to London are report I'd
to be account Of an installment OF
subscriptions to the Pennsylvania loan
issued in Paris, and their remittance "a
London evidently operated to satisfy de-
so relieved the tension In the money mar
ket here although private discounts rose
above the bank rate at London.
Money on call, loaned at maximum
Of per cent, compared with u per cent
yesterday and 20 per cent on Monday and
the rate had fallen to per cent and
below at an hour when active operations
in the money market were still going on
Rates for time loans were firmly main
tanned for the shorter periods, but money
brokers reported additional funds Offering
for six months; loans for account Of
western banks and resulting easier tone
The movement OF New York exchange al
q interior POINTS in the west also marked
the turning OF the tide In the currency
/ movement in favor of New York, Thc
excitement in St Paul spread to the Other
Pacihcs and the superstition grew on the
floor that st. Paul was to be brought int
the general operations Of the Hartman
combination. Th market closed ANNA ted
and buoyant.
Bonds we're firm Total sales par value
I.S24,000. United states bonds were un
changed on call.
The following was the range OF prices or
the New York Stock exchange: