The Birmingham age-herald., 1911-03-15
STOCK MARKET
 BECOMES ACTIVE Long Period of Inactivity
 Comes to End BULLS AGGRESSIVE
s AGGRESSIVE
Prices Advance With Much Ease and Assumption of Previous Oversell- ing Was Born Out--Metal
 Stocks Are Active

New York March 1.-The stock mar ket awoke today from it's long period of inactivity and under the inspiring infu- once of an aggressive bull movement, prices advanced almost buoyantly. ! The movement was broader and more active than for some time past. Buying orders apparently came from quarters which are popularly associated with some Of the most important factors in financial affairs, and there was some revival, also, of investment demand Most of the buy ing seemed to be for the long account, although as the day wore there were in- creasing symptoms of distress among traders on the short side. who were forced to cover extensively at constantly advancing figures.
 The ease with which prices were marked up and the contraction in the supply of lonable stocks, apparently bore out the assumption that the market had been cversold. Demand slackened in the aft srnoon and the market became compara- lively dull Prices eased off somewhat toward the close in response to profit talk ing, but soon recovered and the greater part of the days gains were maintained, the advances of the better known issues ringing usually, from to 2 points.
 There were several influences which were helpful to the market Perhaps the most potent to the obvious bullish fac- tors was the February foreign trade re- port which was given out last night. AL though the value of exports reached the largest total in the history of the country, imports did not fall off as had been ex- pected in some quarters as a result of possible tariff revision in the near future. The balance in favor of this country, however. was sufficiently large to add ex- tensively to American credits abroad
 The indifference with which the mar ket yesterday received word of the SUI preme court decision upholding the cor poration tax law encouraged bullish op- orators. Conditions in the money mar ket continued to favor Notation of new capital, and the readiness with which sev- eral new issues were absorbed gave fur ther impetus to the days activities.
 The metal stocks, which of late have Jagged behind, were active and strong to- day. United States Steel was in steady demand at higher prices and Amaga- mated Copper made it's best gain of many days.
 Other copper shares established good gains, the market for the copper group being stimulated by Notation of the Amal- gamated's boEd issue 10 take over the selling agency of several copper com panies Traders bought the stocks on the theory that elimination of the com mission to this agency would enhance the profits of the producers. American To- bacco was especially strong, both the bonds and preferred stock improving in price, while the common stock continued the rapid advance which has made it a feature of the curb market recently
 Canadian Pacific again made new high record.
 Pittsburg reported another advance in the price of tin plate. Some grades of pig iron also are being held for higher rates.
 The bond market was firm. Total sales, par value. s2,5540o0.
 United States SIS and As declined h on call.