Omaha daily bee., 1906-11-29
NEW YORESIOCGS AND BONDS
after an Eeur Of Activity Trading Settles
Down to Usual Pre- holiday LullneSs.
UNION PACIFIC ,c,UPIts ATTENTION
Evidence that Good showing of
Annual Report Had Already been
Anticipated by SPECTATORS
Close t. irregular.

NEW YORK, Nov -S.-There was an hour
o. h4Uuerdte4y aCuye IIaulng IN stOChs alter
me Clvulns tOuay dnu tusn t.e mdIhet set-
lieu IOWA ititO usual prt-hOliuay GUINNESS.
lnv Uu.iliess resulted IA the concession VI
the GAINS wnICn we're established in the
met "oGT. lhe tone was ueavy aIterwaru.
rtuiessiOnal trauers were evIdenty DIS
buseu 10 ciOse up their contracts over tne
uo.iUdy anu this inCunatlCu was the more
plohOdhceu since many brokers' were pre-
pa ihs " ieaNe The cay 10 be gone uhul
adOnuay next Tue eHect of the pleparA-
dOhs Tor tne DECEMBER settlements was
susceptible IN the mOAsy marAeI and. tAe
depressing eneCt. Inc wnoie marAet was
marrow aud almost enureIy professional and
thel etOfe Of sight signIhCaLCe.
Inc Union racine annual report con-
tlnued TO occupy "a large snare % atten-
uoh. The STOCK was not active IN me mar
ke,, however, ana there was some apple
hension that the good news on the STOCK
ndu Already been discounted as IN OtnCr M
Stances lately. The powerful position Of
the company IN the matter OF cash assets
was muCn commented upon, the item sho"
ms total Of over So6,OUOUOJ, Of which
nedr'y 6S0VlUW were placed in demand
loahs 10 the apprehension Of the W AL
street puDHC demand loans are sugges JiN G
OF IaclItles Tor holding OF stocks GA mar
gin ana TIE immunity Of important specu-
strngenCy through the fail mas been the
SUBJECT OF constant cUmmen.. Ihis Lact Is
clteu IN the same connection that the fa-
cine stocks have held foremost place IN
the speculation for many months past. a
strong market position for the scocNs Is
inler cd nom this chain of events. on Fri
DAY there is payable the $GtUJ,UO dividend
on United states Steel preferred ana 'On
Saturday a long list of dividend payments
tails due, Of which the most important
ale the American Tobacco stocks and extra
dividends and the AtchiSOn halr-yeariy
uivluenu on the common stock.
Money supplies are anected at the same
time by cash requirements The subtreas-
ury has taken upwards Of S3tOO,OyO from the
banks since the last statement. Money
also has gone to Canada this week in con-
nection with the maKing up Of the annual
showing of the banks there for the NoVein-
Der ~ reports. New York exchange al
The Bank of England made a gain OF up
wards OF S2,OOO,OUV In gold today, OF when
SlUOO,WO came from Paris The London
money market was affected, however, by
reports that further engagements OF gold
1Or Shipment to Brazil are impending. Ihe
compilation of condition of New YORK trust
companies as of November IA showed the
effects OF the operation OF the new reserve
law. Compared with the August report
there is shown a decrease in loans OF $4,O21,.
COZ and an increase in specie holdings OF
50, 3SS, so. In the yearly comparison thei
is a contraction in the loan item of S62,1
CIV, a growth in specie of $24,ll5,l00 and IL
legal tenders of S2,7ll,2OO. The lesseneo
burden on the reserves of clearing house
banks, in their office Of ultimate reserve
against redepostts, on which loans are
twice made is thus disclosed. The strong
report OF Rock Islands net earnings fol
vance In the stock. Buying of New YOrt
Central was attributed to the approaching
period of subscription rights to new stock
! The market was lethargic for the lattei
/ part of the day and closed Irregular.
! Bonds were Irregular Total sales, pal
value. $2,146,0O0. United States bonds wer'
unchanged on call.
J The following was the range OF prices OF
! 81 Nar