The Montgomery advertiser., 1907-01-11
F. E. Johnstone & Co.
 Cotton Buyers and Warehousemen prssa a.rtsrC
 cstton Bought Any Point in Alabama Storage and cou.ienmn Solicited Lowest Insurance best facde.
THE STOCK MARKET
MARKET EXCEEDINGLY DULL AND NARROW.
Tbere Was Some Appearance of Good Ab- sorntion of Few Stocks Which
 Had Strengthening

New York Jan 10.-The stock market today was exceedingly dull and narrow and There was some appearances of good absorp- ton of . few stocks which had a synpa- market but the responsive movement drag
 The demand that impressed sentiment ties and had the appearance of revived ope- rations by pools. which were previously act i've in the stocks which have been quies- were especially favored in this class of operations There was striking move- ment also in New York Central and some of the industriais below the first class. espe- ciaily among the railroad equipment compa- nies made good gains. There was no large following attracted to the market leadership thus asserted. but 1t had an influence on sen- timent as indicating the supposed opinion towards the speculation of large capitalists we're iagsards in the upward movement and exceptions after it was inaugurated. The activities of the Interstate Commerce Com aries tn measures of inquiry or opposition sion
 of Union Pacific and also in the weakness of the Gould stocks. presumably based on the suit of the Missouri State officials against the combination among these roads There was sharp break in the Canadian Pacific group. which seemed to he connect ed with the large sav:nees q, wn,sn nase mi.s
 
 hopes of dividend increases which have not been fully raalized The impression due s s sssvs @ % sg sy the news of steps taken to place legal ob- stacies in the way of the departure out Of the jurisdiction of the authorities of infiu- ential financiers from whom information is sought fn ithe pursuit of the inquiry. On the side of the money market developments were in favor of the msrket h. The post of the date for the return of s12.000.00o Of government deposits with the national banks so as to set forward the payments of the inetalments two weeks was receiV- cd with relief the removal of a threat ened embarrassment before the recuperatfon Of the banks had been sufficiently, completed to make the transaction easy.
 It was accepted also as implying A fur ther postponement Of the call for the ses . ooe,o0e of government deposits which 1t was intended originally to begin to call in on The Bank of EngIand's retention of the six per cent. discount rate was not sur hands apon s hSt sensnusd hssyy ds for today were s71oo,ooe for shipment from London to South America. The strong weekly return was thus neutralized
 It was made evident although e decline in sterling exchange at New York to the gold import point would be regarded as a Ss Peidsnt san in the London money small decrease In the gold holdings but a heavy loan contraction.
 The call loan rate here ruled below per cent and there were no bids higher than 6 per cent for time loans for any period The disturbing effect of the break in the Gould and Canadian Pacific groups impaired the closing was irregular with a mixed showing of net changes
 Saiue s1.ssa. 900 United states ss ieo eoupon paa declined # ner cent. on call.
 NEW YORK CLOSING STOCK LIST.