The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-12-01

go - .I.@-osttv. h,,e 80 taks 80 ~. wood.
TlC,,ld.tIor h.I coased me roonsy s~it,,atIon
= -.ri.S,,, ri~htIng itSelT the ahcvt- IDtera.t
-. -. 90 the ~1,ostInS .uDDI,, AZ 1907.
.m.Ai.- 49, ~ INV lime m months nj
-. Sa,,.r -L.lssr Srom .tsrt - nniSh sv,snt
wn.r ~ ,CssrvsI. the h0IIa s,scfsned their
"" a., -ao.~,A t.ss,ns ~ ~,,-.,ad
80 - :. ~.nort,Di,v 10 conttn,. ~.
-Ss..S- -
.
UnioD Pacific and Reading were again the
leaders OF the market. Both made sub
sctivS insmes IN the Trading. A new nigh
record for the mOnth was made bv ench.
With a rain of 20 oOIuta from the low of the
vssr In Reading and Of nearly 10 points.
SucIudtn~ the dividend in Union Pacific.
Trhe chief r~aaOn for the relatively greater
dewree az atreuRth in these two issues than
In other atockn of standard merit was that
In them the short interest was out Of all
nrouortion IN. tho. volume Of the fOating
T,nnIv
-
Not the least encOura ginR thing about
nrsctIcaIIv without the aid of rumor. Rumors
there we're 20 be sure. but these were the
sNeot Of the riae. not It's cause. beinx merely
Inc traders' .urmises as to the reasons for
what thew saw. but could not fathOm. II
thers vera sDeciaI reasona for advances
In narticular atocks those who had inForma-
lion rerardins them did not divuIRe n. being
aDnarentlv unwilling at the present stage
~ ths move ment 10 lake the public into their
CONFIDENCE. Even In rexa nd to .uch leaders
"A Reading and Union Pacific there was not
. ainyIe we'll Aevelopsd rumor. and the most
.Iert hvolrern were forced 90 content them
zeIvsa vRh the assurance that "the ticker
tsus the tale" What the ticker told Of was
treat inherent strength and an absorptive
Demand that plainly indicated a marked
rsstor.tion NJ confidence
-
The improvement in sentiment was hardly
less marked abroad than here. for British
conaoIa. the best Of conditions
49," 1000. ~ thr.s-ai.hth.Nsn
.I,c.sthsr ,r,.n.I gain for a short asasion-
1870. S.m ~oi,t ad-.rcs Cor ire ~eaL
nsiHS 80 W., ~ re- orSirarw Eor'
80 hom.ss rsDor,sd n continuaOcs NJ tha
---~o-. $1,000 ara thI. cI.a. ~ h,,ai-
-. vacaivod d,rIn1 the dsv moro attsntjop
Sra~,.o~~a - th.no thar the DureIv arhitraga
t.an.sotiCns
Orly tbo.s vere nunisbed IN the abort aide
Who had failed to read the writing ON the
Will Notice had been given them. and il
thav MILF 10 nrcAt nv n thew had onIv them
.sIvan to Name Every one who onerates
in .tocEa knows that when the market ia
down N Ia hj1hIv impOrtant 10 watch the
Drovsnant IN the demand for honda ahoVa
how the General market ia going 10 move
| The improvemept In bonds In the last few
dsv. haa heen little short Of extraordinary
This does NOT refer mersly to sDecial move
DaDt. uke that In the Rock Island "a
which have recovered more than 10 points
rom their low Level of a week aRo. hut to
.tahis iasnea like the PennsyIvania con-
vsr,ihI.. N 1o,s which have advanced near
7 Doiuts rrom the low of the wear. The trRns-
sc,ion. An honda last Friday were the largest
for anv dav This wear. hut the frat two hours
husiDsss on that day was far exceeded by
vesterdav's total.
Profit taking in the general lis, beQan with
thu trading hut ali offerings were we'll AIKEN
ana the Unward movement continued with
gys,tsr rovce thar before. There was nothing
! Ike Forced iouidotion-onlv pront taking nv
I aneculatIve boIdera who had Zot In early
/ IN the movement-and deanite the covering
."". - ,LnS-o-
sN"1 p-"-.tasuv -, ,aSs-
. ~. go. q o"eo 49, .;arteS.nna 80
,Ssn.Ot -. S.-,So a.. ,tUa. 40 ~nanwn aon,S.
nrant,n.n, .tocS Rattan paci0c had 70.
aenJ is I;vSSSnI on ~ Aav ~ ,ha cto.;n.
~ ths trsnsT.r ho"ks ard another Canadian
Do. ha5 n-onoDtN, rasnoDdad 10 TIE woe