The Montgomery advertiser., 1906-12-05
THE STOCK MARKET
MONEY ManKET sTRINGENCY HAD
 SOME EFFECT.
There Was Marked Show C1 ssfen.'" A' Early Part of Day tn ExtensaNe List of Special
 9tOrkK

New York. Dec. 4.-The increased strln- gency of the money market had some eA1se' on stocks today in spite Of some or 'hs strong sustaining influences ana prlces ss ioss a ground the day wore on. Lhsl~ -,,, ne rf marked show of strength in the early par,, of the day in an extensive list or speciAl stoclH but the trading in the usual aStSs .S department of the market was duli anu m .ne movemanf narrow The Nanderbiits en- joyed notable advances which were ra su.at
 cienty explained by the SnS an9umeer increases in the two subsidiary stocks or ths 4nSs crn Tek
 Central lines properly So called me neLai Lan t,xo nar cen+ to six per cent and the Mtchi-
 gan Central ssmi-Rnnual diyldehu was h. .n
 creased one per cent; to 'h shy VsndsrbtIt in
 terest had been regarded as dominant .s n.Is '. ed upwards in sympathy, but no s,,t,,s Lur
 The material addition thus offered to the
 other income of the New torA AZ. a,
 gave rise to a general convie1,1n , ,n,sn.,ad The
 increase fin other income of the New tVI'N 9
 Central which will accrue from t21ay 1 y.so,,, nn crcases In the subsidiary stocks wifi amour ~ to nearly one and two-thlrdS per cent; on the stock If the declaration of the New York Central dividend is deferred untn Sah- nary f7th next, the holders of the $2O.oOe, 00O of new stock subscribed for on So'eHi. .a Der 30th. will be entitled to share ih 'hs
 stocks of other companies in 2 similar sI subsidiary position were most stLee' rn,
 sympathy with ,ahgs ins sdysnnes were amongst stoctrs os inc nbscurer class. and usually dormant in the trading Ihs neNs On Sl.,sias tne day offered no explanation of these hoNe-
 The ruling rates for all loans were higher than yesterday although the 2s per Seht' maximum did not reach yesterdays hlenssssa s z The known movement or money I sI.ce sufficient decrease in bank reserves a s.HSy ov Saturday, to more than wipe out the ssenoeI surplus shown at that time. The day transfers through the suo-trensury emoeh. .
 ed to I.2sooao of %aieh Haa ta'S."vV t%.o,g orleans The Eub-treasurys absorption from tnt banks since the last bank statemen, amounts to Ss,9T3,e0e Very scanty ahseuhts M eager. especially for funds carrying over the end oc the year, for which ten per cent was paid For sixty days eight per cent was bid and for ninety days seven a"o
 Abroad there was arise in the private | discount rate In Berlin and the EsyPtla,Ii demand for gold once more aso esoerssu s, '' ,hs | in the wfthdrawal of slZso,oVu no"i x.~s,, strs Washington came the abstract of eondttloi | of national banks throughout the co1ntfs p under the cntrollers call as Of NoVethpel
 l2th From this sppssGs sE1 ssG ard tma ,oSns nc | less than ss9 3Os 7sT. while the increase ID cash ia no greater than s12, 4ss.e1B. ana tnal f with an increase in the money in eircnlatloI
 In the country on DeceInoer iS,; n,, et VSssb. | inzton today of s206, ,93e.7f0. The eaHing 9i 1 loans by the banks caused increasing Idule- | ation and considerable declines anu tne | closing was but slightly above the lowest, | Tba reading of the Presidents message m | Wall Street was not a feature in the day
 Bonds were heavy. Total sales par value ] ST. 932, 900. United States oohdS "ere "H- 1 changed on call
 NEW YORK CLOSING STOCK LIST.