The daily morning journal and courier., 1906-03-09
STOCK MARKET FEATURES
PRICES ADVANCED ALL ALONG
 THE LINE.
Bullish Sentiment CrOppey Out Again Pessimism Forgotten Temporarily A Slow Market--GOssip of the Day.

HeSSAmlSm fOr&OtIen IcmpOEdrlIy-
 A Slow Market--GOssip of the Day.
 Prices rose well yesterday all along the line in the stock market Bond were also stronger.
 Sterling exchange broke forty points to near the gold importing point.
 The decline in exchange was made in the face of an easier tone to tht money market, which usually causes al advance in sterling. The $3,OOO, ,OOC treasury funds allotted to New York banks have been nearly all deposited and this, in connection with dullness on the stock exchange, encouraged a better sentiment as to Saturdays bank statement.
 After news of the passage of the 8O- cent gas bill py the senate Consolidat- ed Gas rose. Short covering did it.
 The continued strength of Union Pa ciflc-since it was the best supported stock on the list, with one or two ex- captions, in tho break of last Monday has attracted a great deal of attention.
 Union Pacific touched its best prices yesterday since the general smash, At the same time this stock, in view of its relative steadiness in the Oig decline, and the appearance of strong "inside" buying, has not done as well.
 Colorado Fuel was a strong stock, with an advance of S-S by early in the afternoon. Anaconda after a fall Of four points, recovered more than five during the same interval
 A strong tip" that Amalgamated Copper was going to go up circulated before the opening. It was alleged that the Standard Oil men had got what they wanted in the late market smash, and were now ready to boost the stock again.
 The trading in stocks during the greater part of the day was purely pro- fessional, representing efforts of specu- lators to make point or two and get out In such a market, necessarily, somebody has to get caught.
 Readings further downward plunge, which carried 1t before noon to 125. i B. points under its lowest price in Mon- days smash, acted as check upon the general market.
 Since Monday there have been two good swings" giving moderate profit in certain stocks for an agile trader who is content to make 1-2 or points. This means $125 to $175 net on each 100 shares.
 Bears upon Reading are now talking par for it. Yesterdays price establish ed new record for this year. It's high record is 164, touched on January 23.
 The Gates interests were credited with a good deal of the market work on the bull side. The move in Atchison was set down to them, and was accom- panied by talk of a 5 per cent. dividend some time in the future
 With 1,1O0 seats at $9O00O each the New York Stock Exchange now repre- sents an aggregate valuation of $99, OOO.- 900. No other exchange in the world reaches this total
 The taking up of such stocks as Col orado Fuel was probably for no other purpose tHdn to attract puDllc interest in alagging stock market.
 Reports that there had been a set clement between Germany and France of the Moroccan question had most to do with improving sentiment.
 Before the close there was a partial recovery in sterling, which materially altered the situation as regards gold imports St. Paul, Atchison, Union Pacific and Copper were leaders in the advance.