Daily press. [volume] (Newport News, Va.) 1896-current, 1910-11-30
MARKET TURMOIL. OVER
Strange Contrast to Mondays
Disorderly Decline.
ADVANCES FIRMLY HELD
Prices cIoee at Top In Spite Of Appar-
ent Return to Conditions OF Nes'esf
and indifference--EHeet Of Aiips
interview.

MEM 1OtkN. WV At 49,
sidence of the turmoil in today's stock
marke. afforded strange contrast TO
yesterdays eisorderly decline. The
DEALING did not fall back TO last
weeks low levels by any means, but
the decreasing activity and the mar
rowing range OF fluctuations suggested
a return OF the same conditions OF
neglect and indifference. The ad,
yances were firmly held and last
prices were at the top
The gloomy views Of the industrial
and their outlook attributed to Chair
man James J. Hill, of the Great
Northern Railway. continued to ao,
sorb large share of attention ana
discussion. II was evident that con-
sideration of the matter over night
leftI conviction that the violence OF
the effect produced in yesterdays
stock market By Mr. Hills utterances
was .iisproportionate. The bear In.
terests stood ready to take profits by
covering shorts There was report
ed disclaimer Ffrom Mr.. Hin hims elf
of the accurancy Of the reports OF his
sentiments. There were reDorts also
of dis enting views from other capt.
alists and bankers. This served to
take the edge on the effect Of the mat
ter In today's stock market.
Interest in Pool Position.
The FOOL position continued, the
central subject OF interest in the stu
alton as q whole The proportion OF
the dealings in United Statos Steel
wa. one-third of the aggregate, with
Reading and Union Pacific supplying.
nearly another third. These three
stocks being the medium of the poois
operations. showed the heavy part
still placed in the dealings by that
organization. Yesterdays decline Is
supposed TO mark the abandonment
of hopes by pool managers OF distrib-
uting their holdings at the high prices
then prevailing.
The renewed resistance shown to-
day suggested a renewed attempt 70
invite outside demand at the lower
level. The steady decline Of activity
when prices advanced and the short
interest reduced was deemed an IN.
timation OF hesitation In the demand
and uncertainty ia the further prog
gross of the movement. Holidays
came in for fresh discussion with the
approach OF the date for assembling
of congress- and the Presidents mes
sage. Reports regarding the suppos-
ed contents Of the coming mes sage
were much less precise and detailed
than usual in Washington news Al
this season
Plan Yet Unformed7
This gave rise to superstition that
the whole plan of procedure at the
coming session of congress Is stiii I'M
formed and subject to modincasiohs
Possibilities of unpleasant surprises
growing out Of this condition had It's
influence in keeping the Speculation
unde- restraint Nearly million no.
lars in gold was taken again today
for Canada and San Francisco. put
without disturbing the ease OF inc
money market.
Bonds were easy. Total sales par
value 81 .723,oo0. United States bonds
were unchanged on cali. Total 59les
today 5S4.so0. including: c. & O. los
900: I. 4 ~. SOC: n. & W. l.Soe:
Reading. 1o7.100; Southern Pacinc.
16 100: Southern. LOO: Southern pro.
500: Tennessee Copper. 100; u .
Steel. Isl. 1000. Union Pacific. se-6ie'
virginia Carolina Chemical 2,4oo.