The daily morning journal and courier., 1907-11-28
INTERESTING FEATURES
 OF THE STOCK MARKET Particularly Favorable Factors That Entered Into the Up-
 lift of Prices.
SOME EARLY WEAKNESS
Bullish Manipulation Again Ap- ! peared Concentrated on What is Known as Big Four

w naL IS hnOWn us
 Big Four"
 More gold taken for import from Europe, weakness in call money and a lowering of the currency premium Do that 1t has nearly disappeared, swere particularly favorable factors =gesterday. The financial situation is how fast improving, and forecasts < kery low rates for money on call in a hort time. The premium on curren- sey yesterday was so infinitesimal that S It represented a profit of but, seventy Hive cents on every $1O0 to the man 8 vho had currency to sell. So slim a roft is likely to evaporate almost any ime.
 A Jew of the leading stocks early howed special weakness. They in- luded Pennsylvania, New York Cen al, Chicago and Northwestern. and Lissouri Pacific. It also looked as if pme liquidation was again showing in D. Paul, which has been steadily un- pr pressure for long time past. The bullish manipulation again ap- barred concentrated in what Wall reet is beginning to term the Big bur" These stocks are Reading, hion Pacific, United States Steel and nalgamated Copper. The bears -t, ing held and bid up at times in or 2r to facilitate liquidation in other arters of the list.
 Tt is declared that there is very lit- United States Steel common in | |nk loans, and that only one or two uses are large lenders of it. The ok showed great strength in the Prning trading. Some people seem l.. forget that as a Morgan -Rookefel. stock, netting more than pel It. at it's present price, it is regarded many good judges as rather g pd thing"
 Jnion Pacific and Reading led the rning advance, being by far thu biggest stock on the list The way Fe stocks occasionally simulta usly advance attracts a good dea attention. It is natural, however there are some identical interest. nected with their management.
 hort selling and some profit takin! sed some of the early advances t ppear by the time the first hou passed, but it was noticed tha le was an absence of forced liquida 4 The trading, however wa VI ely of an ante-holiday character AZ per cent. call money rate in tn 5noon, although known to be onl, x Porary helped to cheerful feeling hll street heard again yesterday report that the Hall and Harri railroad interests had reached z lonious understanding. Accordine be latest story, an announcement soon be made of a traffic agree. between the Hill and Hartman ' # and also an agreement against g CT invasion of each others terri. Stories of this sort have beer ping out every now and then fo, hs As @ matter of fact. there been no active war between I4il Hartman for a long time.
 rk Tapleys abounded on the ex Ee and in the street today, tn, Ssgiving spirit prevailing, at leas prarily, over the gloom and feel f despondency that has so lons lied. we are going to forge evelt for one day anyhow" sai roker; i've don't want any saw br cotton stuffing in our turkey
 ding opened down 14 of a poin 5, but early rose to S31s. Taylo 7ingston were prominent in tn buying, taking-5 ,0O0 shares. Othe
 included Wassermann Brothers ..'z=s.s=e+ Hutton & Co.,, Pepper & Stern ID. Bason, 25OO; Alfred Mastre Among the sellers were Keecf & Co.,, J. B. Russell and Trac Rctive list gained IA to 1-2 il 1t quarter of an hour yesterday
 er in Great Northern, then me ,ealizing sales, easing off to las
 level. St. Paul went i Is ant
 Ii Pacific 1 34 below. Reading lion Pacific were the active flea
 Louisville and Nashville gain ta1 i4ac g1
 n Pacific i 7-S Transaction
 were S5,S-g shares and to
 were S5,S72 shares, and to |' 35.121 shares,
 amusing incidents in connection
 currency scarcity are croppin,
 n all over the country. One o
 pmes from Syracuse. A banl
 t city could not get all the cur 5l wanted from it's New Yori
 ndent, so it resorted to pla1 1893. It gave drafts on Ney
 ty institutions amounting t
 0, ,000 to an express company t
 c. 0. D." The net result whel
 ess company reported back wa n $500 in currency and draf
 Title Guarantee and Trust Co
 York city for $400.
 the causes contributing to tn
 Aeerful feeling in financial cir
 the very much easier conditio E z lrrency market. The premium
 lowest since the scarcity o
 began. rates being quoted a
 per cent to 1 S-S Some wa
 vever. at 1 1-2 to 5-S. Bu
 S a greatly decreased T1emGn
 offerings were also less.