The Montgomery advertiser., 1906-11-29
THE STOCK MARKET
oNI.Y oNn HOrR or ACTIVE TRADlN0I
 TO-DAY.
f1ntlsegs Renmlted In Concession ot Cams EsfahfIrlsed Iluring First Sixty Mtn- nfee--gThe Tune Was Heavy
 Afterwards.

New York. Nov. 2s.-There was an hour nt moderateiy active trading n sse ssocks set lied doVvn into the usual pre-hoiiday dall- ness. The dulIness resulted in the sonees- sion of the gains which were ss sssvv after wards profeslonai traders were evioehtly disposed to close up their contracts osss e'rs holiday and this inclination was the mnIe pronounced since many brokers were nrspa[- ing to leave the city to be gone unln sson s,,,. day next The effect o5 tns vvgs senacepti- hla fn fhe money market and the rise IT tho cail loan market had some d4pressans et-
 The whole market was narrow and ai- most entirely professional and tners1oas ul ,l slight significance. The Union r@eis1 5.-sa share of attention. The stock was not act i've in the market, however, and there was some sIresnsioI n 1r.Sx tnst sssn Ss Discounted as in other instances lately. Lne pows1inss p ts position of the company in the mattef ol itsn s1aovwius total of over ss6.eo0. .e00. of which nearly SS5.9eo.00e were piacea an demand loans TO the spgre%nsnsioan % ars et .aas aas ghstive of facilities for holding o1 stoeks on margin. and the immunity of important speculative haldinRs from the effect Of moA- ev sfrInxency though the fall has nean the subject Of constant comment. tnh tn fact Is cited in the same conneesion snas 1re , the apeculation for many months past stronR raariSet position for tho stocks ts in~ farred from this chain ot events. sh ss 4on eoo dividend on United states Steel, preIcrrea' and on Saturday q long list of dividend pay nents fall due Of which the most import,, ami are the American Tobacco. regular. and extra dividends and the Atchison hai wear ly dividend on the common ssocA. ..s .av,A tlne by cash requirements The suo-tEsas- 6e @ ury has taken upwards of s.0eo.oog froEa the banks sineo the last statement Trhns- fers fer to to San Francisco are included in this amount. The customs collections are also running heavy at present An aaaiai1,nal H.,nsa today which is not included In the above figures Money also has gone to Canada this wek in correction with " ths sne hapRs tIere for the Nov ..her 3oth reports
 New Tc n -xchange at chicaEe also fell back to n slscount today. The Rank of England mad a gain of upward of s2,oeo- 0O0 in gold today of which Sl.Ooo.pOp came from Paris The London money nafEsl r,,s ther engagements of gold for shipment to Brazil are impending.
 The compilation of condition of New York trust connnanies as of November i4th show ed the effect of the operation oI ,.h She nem ths s4027. GOO and an increase in. specie hold ings of ss,aSS.90 In the yearly comparison there E contraction in the lSaR iie 1,E ,sa @5 and in legal tenders of 32A7ii,2oo., The les soned burden of tho reserves of clearing serve against redeposits, on which loans are twice made Is now disclosed ;.
 The strong report of Rock Islands net earnings for October helped to explain the recent advance in the stock. Buying of New York Central was attributed to the anrroachlrw period of subscription Fights te new stock The market was lethafgte for the latter part of the day and clossd
 Bonds were irregular. Total sales par val- ue s2,14e, 900. United States bonds were un- changed on call.
 NEW YORK CLOSING STOCK HIST.