The Birmingham age-herald., 1910-11-26
STOCKS CONTINUE
 ID BE NEGLECTED Outsiders Are Letting Market
 Severely Alone ppnKERS STAY AWAY
r...d Revival of Trade Has Not MateriaIised and m Easier Money Market Has Not Aided Deai-
 fnss in Stocks

New york. November 25.-The neglect of the stock market left 1t nearly idie to- day and the price movement was the ilei- e.t drift. There was practically no out side participation in the dealings and the ooo. traders operated in languid way with small hope of producing any enec's that would yield profit The remnant of the week after yesterdays holiday gave such small promise of profitable ac'isi- f., that many brokers did not take the trouble to attend at all
 while the holiday period was caiiea .no,s,h,a for the neglect in part ID recognized that deeper lyihs .aes ,s ssroving are at work. Apprehension IS s.t slo he .,4 tha nar,od of trade revival mus. D' s't e,ra,ord to some time next year. ,,o ,,. A,stinet easing in the money inai |,'N NS Aa,,ds "a 'hrinp improved investment III ''io s.a,a. and inc railroads are forced u ,'.s iesss,.s -, tha,,salves to only the most heeos'' borrowing. +oaax of the
 Announcement was made touay a+ ssle of s7. 5O0 900 remainder or 4.s pc yo,,S equipment trust notes or the 'a 10 ra,tra, lines which were authorizeu " ,ra anount of s3o,00O0O0, the pubic se.V- soa commission attaching the conu,ioi +,,a+ +hav must not be sold for less eiian O. ner cent The sale of these iioees "es occidental. evidently. to the increase l ..,ae.s for equipment announced carrier fin th week by the New York Central.
 rrntil inc relaxation in the money mar. ket offers more convincing eVioehee ~ stimulating investment, the advah.ase 'o stock speculation will remain
 n,,sa Continued abstention of the rail .oaas from placing orders for maternal rrsalv detracts from the effect of the pro fsssion of confidence that freight rate aa- .vances are practically assured. lncioen.s ,n connection with the rate hearings III fact serve to keep the subject open 'o continual uncertainty. The serving oi subnoenas by the interstate comnissio" nm officials of the railroad puisness as sociation to explain statements that iai uro to allow the freight advances asAeo for bv the railroads would drive the nenl- ,sss of the association out of business, was regarded dubiously as possible inol- , cation either of friendly or unfriendly ln- tent toward the contention at issue.
 The weeks currency movement mas been in favor of the New York pahks' botlr from the interior and on sub-treas- urv operations and a gain or nearly so'- o.o0O in cash, allowing for SoOOooo snip meut of gold to Canada Is promised py tho nreliminary estimates. The great 
 and Germany all made strong weekly re- n,rns and the tendency of discount rates was downward in foreign malSets. The foreign exchange market moved hlgher ,n the morning indicating more rapid fail In interest rates here than abroad
 The action of the stock exchange au- thor,ttes in admitting Lehigh Valley to the list gave some slight impetus to the speculation in Reading. There were ru-
 ain In anthracite trust cases in the United States circuit court at Philadelphia. A less serious view was taken of the main situation than in the earlier stages in the news from there.
 Union Pacific ended A up above Wed nesday, Reading unchanged and United states Steel 1s lower The narrowness of the whole market was typfied in these stocks.
 Bonds were irregular Total sales par value, s1 ,6s2, ,000; United States bonds un- changed on call.