The Montgomery advertiser., 1907-02-15
THE STOCK MARKET
PROMISE OF RISING PRICES WAS NOT
 HELD.
prove the Early Realizing was Brought About by Short Account,

New York. Feb 14.--Yesterday's promise of rising prices for stocks was not heId @ uo. day and the failure of the effort to ile prices was followed by reaction; News had little to do apparently with the ae.lon Of the market The decisive aS intlSenes sn,sns @a melted by yesterdays encoyrasing action of the market was being taken advantage of to realize on the part of the purchase's
 The professional traders accepted this as an indication that yesterdays operations were designed for a short turn on the mar ket When this realizing was noticed they forced prices down with the ready adapta- Dss ef that ss ess esrS o bu2nF 1sf Which hep
 to improve the early realizing was hroushe i, about by short accounts. The action of the coppers was particularly disappointing to the speculative element. as hopes had been formed of boom in that section oI tne market in response to the con9i.omi 1n o1,icK m eYi dence of pressure to realize and Amaiss.- A. mated Copper also was clearly under pres speculation which had been. relied upon to continue the advance was thus lost.
 The Hartman dividends meetinGs NIT ~ers also lacking in speculative materlaL peIns confined to tho regular dividend deelara- tions Union Pacific and southern faeii-
 Southern Pacfic ic dividend Was t be has received no authoritative countehahce' But there was evidently remnant St sSs aSser some such electrifying conseauence as ioI- lowed the last dividend meeting las. & au Rust. when the Union Paci1ic diNIueHo s. jumped from a six to ten per cen, tnaue,s and the Southern Pacific dividend ihauE"- rated at five per cent. rate.
 The prosaic termination of tooas Ihse ns
 ings by contrast was followed by eohsioeI- able selling of stocks all through the ns.. @ Wall Street has made much market-wl.e ,o tpa . ma days now of a supposition that tne attitude of the washinGotn administration towards combinations of capital was to un- dergo a revision. Visits to the Wnite ho.iSe of capitalists active and conspicuous III tnc financial world have given rise to enese @ conjectures of a treaty. Tooay tnele ',s.r rather notable occurrence in the @ hno- stance of several new dispatches from Washington on this subject which poinlen to information from first hand sources anu which rather belied the asumptlon ol U change in the administration attituoe som effect was prodced on speculative sentlhen. by the revision thu forced or m 'mpress- ion built on un ubstantial rumors
 Money worked at first both Tor eau nna time loans and no effect was apparent run the preparation for the return tomorrow of s6,000, ,000 of government deposits Wh!cn has been set for that date until near ,ne e end of the day whom tue rate touchea SIX per cent The conviction was heio n some quarters that the withdrawai o s.,a, thlS money would be postponed but no oiiIciai announcement from Washington appeaIe1 as the basis for the assumption. AhotneF s5,00c. 900 note issue, this time oy "n s., aa dustrial corporation, the Lacka"anha 9.uei @ Company caused some recurrence or the uh- favorable impression due to these N..p
 The shorts caused a brlef rally when .n'N covered to take profits. but the closing 'ohe was weak. ... ,,,,,a s1 $50. .0O0 United States 3s and the oiu 1s advanced h per cent. on call
 NEW YORK STOCK LIST. -