Show MARKET AGAiN AND QUIET asty Dei nd oI the Bears Has Been Satisfied 14 C POINTS OF ACTIVE SPECULATION IN SMELT SMELTING ING STOCKS Nt Nov caught Short of the raar yesterday by the news been s during time day iii evidence in itu sustaining tho of some of tIme news from over revived a feeling of ap that time pacification of was still open to Phia was dull from a rather than a practical as the stock markets were closed in observance of All thy and the usual baroni Oter of polItical conditions was thus lacking The from this was almost sentimental as there actual selling of for foreign account The news of events as it came to Imand also to quiet regarding the situa situation tion in RussIa More was attached there therefore fore to the reduction of the short t fler as an of the reactionary the market The tin time volume of activity Iso mp time satisfaction of the short There vere not lacking points of In time market and a group of speculative IndustrIals and wore rushed up some of them to record figures sudden spasms of activity Smelting and Reading both touched rae Ord figures the last stock was clearly undergoing a process of profit taking so that its extreme rise was limited The United States Steel storks were affected by profit taking on time figures of or time September quarter The high level of net earnings attained the record figures of unfilled or dora on hand while highly 1 had been in some of the rumors set afloat beforehand for speculative purposes Buying the extravagant rumors in disappointment when the figures published and some selling ensued The speculation in American was ac pursued and its influence on movement in National Lead owing to rumors of a lead under Smelting auspices Time moat new of strength yeas j the stocks which much neglected since the annual re report port of deprecated hopes of ofa a on time preferred stock There was talk that buying for on the board was the cause of advance but nothing on was made known The sustaining influence of the special points of strength induced some erles In the general list from the early de but no firm resistance was shown to time reactionary tone SterlIng continued Its decline and no further ns heard f cold exports for the present In our market time firmer tone for inanity but the tension in time call wms relaxed Th market closed Ir Irregular regular were irregular Total sales par United States bonds were alt on call |