The Montgomery advertiser., 1907-11-26
THE STOCK MARKET

New York. Nov. ss.--The stock market did not show any disposition at any time today to follow up the advance of Saturday. advised on second thought on the. ground that resumption of m active advance In stocks would be premature of the banking operations of the country have been re- operations of the country have been re. stored to normal. An early resumption of no 0 ns ssns' ior with s resumption may disclose are awaited before ments' There wa . seenewai also of some of the urgent liquidation in special stocks whcih was an unsettling factor in the ws.oie loans was the accepted explanation for The weakness which was especially pronounce in in Missouri Pacific It was thonylt t at something also to the campaign Tn person. al relationships involved in the working out of contests for control of related railroad possibilities also came inexitabiy into dis cussion by reason of hte decline in that stock The whole list of railrsad .so,as ,S,, which was given fresh force by the eon'"nts of the regular weekly reports from raE- uniform in the admission that arrears of railroad traffic were worked off or were being rapidly cleared up and mt ,ale estimates of the extent to which wo, king forces had been cut down in indus.rfai en- terprises made q formidable show.ng md turning foreigners pointing to the .an,e con ciusion had rather depressing ~ffece or sentiment.
 strong advance in copper both .n London and New York. Attention was attras:sd al so by reports of the large numbers of s.. isxo. in various lines of wholesale trads- hti was regarded as significant of the eAten. to which the first force of the reaction n.ighi ha aa oyerruuning itself With the promise of subsequent rebound
 Saturdays large gold arrivals were added to by suvsequent arrivals. All of ihe lay'i arrivals of gold in the London mar<et wers taken for New York account but With st little disturbance in the market that tns in the prices. The accretion of sosd 10 tht Bank of England results from other source
 went on and that institution released ".
 0eG.1eo of gold to the open market tha
 had been lear marked" O. ned apart fol
 the account of the radia Council.
 yorn renorted that additisnsi su,.:.i,cs o
 gold were offered to their agents in France
 today but that the decline in the premiums
 on the currency here WI %pen .sctinn Os tns Tsss,
 are all highly significant occurrences ear
 marking unmistakabIy the loosening of thu
 money market also was apprsciabiy easie today. Funds are still lacking, however in the time loan market and the commer
 cial paper market also is practically sus
 pended Careful compilations of the golt movement indicated a rapid approach to th' s1eo, 900, 900 mark in the aggregate of th' engagements Under these circumstances the discussion of the possibilities of th' treasury relief plan fell largely into abey ance as having served much of it's intend ed purpose so far and it had helped in tn restoration of confidence while the cours of events had detracted from the importance
 of the question, of It's final working out
 The stock market remained unaffected ?. the manifest Improvement in the bankini position and the condition of circulation ant prices declined without much interruptioi from start to finish.
 Bonds were Irregular. Total sales par val ue s2,s46, 900. United States bonds were un changed on call.
 CLOSING STOCK LIST.