The Montgomery advertiser., 1909-07-07
THE SHOCK MARKET

duIsed by fhs prsfsssioSsi sismsst is the ssssrlssasn sssiysi as shss sodsy .s. te visssss the days iranssssions ssffleisnsiy now. @ ''
 :ssdss os sosss ssssssss: vss ssss to a intsssst in stoehs va iSsss1 on the ss. sssss.,ss. ss tss sHss te srs.a Mss, Mssk P the ssasonsbis. factcr of duiiness. |. imo.mtnssAndins ths p.ogrsss in hst wseks . ssTsint s1,h of the .hort week and the prcionssd noneay tssDey anssrval prtcss had been wsii nssin- Sn: tAs rssR ssess sSSa .ssS.as. a'ssss S.: :. Ths New York trad.rs in r..pon.. ,o seess sess sssns of improysment took stocks sn s sns opening with confidence and sought Ths first half hour 6smonsss oy Daodns , Sn pf,es. cs .s n smount of stock pressins for ssie Sn m sns sags1css which left ths trsdsrs h inrs. soas position with their tak- ,s The .ecumslasion. Of ssyins orders over intsrva! proved to bs very scsnsy and Ssvs no assfstance te the attempt to advsnoe Rross There was nothing to show thst into tSs rs spsseuiafivs interests wsss coming ,, The ne movsmsnt vas practically absadensd ,m rhs s.ce of sness discouraging eircumsfancss ton. but sfter ths sdysncs. M hssr rs,sS rScc
 out the downward movement lsost fc1cs. h ss ss.s Sn.s. .s:n k S.vs sn' ss:t sr moety were favorable to values and heIting action of the market proved somethinr of .
 y me heavy sons Of Unssss .:: Steel The selling for that stoeK VI MI % ps s,t. t'ISrauon sh or the revious reports from pari. Bourse had been rejected Sy tse sS.' sne tnosss. trsS,..ss This report met with the con concerned which hss accomn.nisS 1 nas 0snI ss Ispstision of the report of the failure of the r plan. a The dsnieis, however. did not the market The report from ' tr.dn sn sources of the good rate of recuperation if, the the industry n. were equally without benefit to
 Besides the favorable steel trade reports mucn much attention was given in the financial on condion of croe. so Ss p1S an ..a1 impors.n. i.e.cl in ths sp.cuis.ivs move: Ohio which sppssssd 1 today were 'sS sSe.pteS asS as roreshadowing highly favorable report Sn Ston of the eusssu on the con
 The prospects of the corn crop indicated both by these state reports and by private snssion current n sS. sni stocs m.rnse sa .ss substantiai improvement to be shown in rinter wheat during June is accepted as . sss s Chat cereal boantisui crop % '1s os wheat wheat in this country will be counted . factor of first importance in the whole finahcial and industrial outlook. The bank statement pub lshed on Saturday gave evidence of the heavy strain of the July settiements but the easy tone of today's market took away influence from the showine.
 The likelihood of further exports of gold this week both to Argentine and to Paris reason. The rapid progress making with the tariff bill in its late stages, especially the readiness with which the corporation to the constitution were accepted in the Senate was cited as of possible ominous i'm port to capitalistic conditions in some of the discussions in Wall Street. The clos ing tone of the market was uncertain.
 Bonds were steady. Total sales. par val- ue 0l.ooo United States. 2 and 3s de- clined x per cent on call.
 CLOSING STOCK LIST.