Show f MARKET SHOWS BETTER TONE P ces Recovered in I Wall Street i and Close Active and andL I Jt 1 L 2 Buoyant 8 t I MONEY SITUATION EASIER LONDON RENEWS IN NEW YORK Now York Sept 12 Prices of or stocks re recovered recOver recovered covered cOver d In tn market marlet the movement Gathering forde as It progressed During tho early oarb part of the day there thoro was a t f r thor ther selling of ot the kind that carried prices downward yesterday This was rather rathor ob obviously a reselling of or stocks bought on ou Saturday for or the thc purpose of sustaining the tho market In Lace faco aca of tho the disconcerting bank statement and It was not pursued today to any un considerable decline There Thero was waa a good manifest In fact from tho the outset The recovery halted at about last nights level lovel of prices and f 9 there was a IonS long pause which accounted f mostly for tho the falling off in the days daysi wi average of oC activity The recovered level i of prices S did not induce any renewal of selling 8 in spite of the tho dullness a which in intervened Intervened Operators for tor the advance took their cue from this technical indication of ot recovered strength In tho the market and re ro resumed their operations on the long side of ot tho the market The casing easing of the money situation was moro more decisive today than thany yesterday YEst y and confidence was correspond correspondingly correspondingly correspondingly reestablished The rho coil call money mar market market market ket showed clearly the Influence of the replenishment of banking resources by b the Import movement of oC gold old aid and 6 per cent was tho the rate for tor tho the day day with the tion of a n temporary rise to G 6 per cent Another in gold was secured In London for Now York That center also showed itself lr somewhat less disturbed over ovel the heavy demands of or New York for gold which have aroused much criticism in London financial circles and have havo prompted the advice In the London Times this morning to discriminate in interest charges charge for loans on American cOllateral calmer attitude today did not preclude the assumption that tb t the Bank of o England would advance its official rate tomorrow possibly a n full tull 1 per cent cant as Is sometimes done when the object is I to check IL u gold movement It is believed in Lon London that this action b by the banle oni w 11 ha have effect of diverting New NewYork Yorks York demand for gold to Paris and London even had a It report that the Bank of oi Paris authorities determined to re release A 4 lease a 0 Certain amount of or gold to supply the th Nw N w York demand Things developed hero here to confirm this report tho the time timo mar market markot market ket kot alo aho showing a n greater effect from the tho replenishment of ot money mone supplies although loans loens for the shorter short r periods still sun com corn commanded commanded mended a premium over the legal rate rute A Ade deposit de of at the for tor transfer to Son San Francisco was WaH attributed to tho the further payment of ot fire Insurance tosses losses los e although reports of an unexplained run JUI on a savings bank In that city were discussed In Wall Vall street As the money mone rate rale declines In Now New York there thero Is some movement toward retirement nt of credits by b ban lea outside of Now New York which wore were put out take advantage of the tho high money mone rate lato But ut this movement was vas over overborne brne borne by the tide title of oC foreign for gold sol 1 and find did not noI hold bold up the money rate rato against that influence An Au advance advances in tho the price of government refunding 2 per cents was ro re as u significant of or a probable com corn comIng Ing need by b tho the banks bunks for government bonds bond to servo BOrO us as security s for tor further re relief relief lief measures moures m by the use uso of government funds fund Tho The upward movement originated In itt the Gould Goul and HArriman Pacifies but the lIet list pretty generally gen Involved by the spread of ot the movement The Tue closing was turbo any buoyant and ana active Bonds were irregular Irre Total sales par United U States regis registered advanced p pr r cent and the tile coupon 2 1 par per cent on call cull |