Show MARKET STARTED S OFF VERY WELL 9 Every Indication of An Upward Spurt At the Opening MOVEMENT DID NOT LAST 4 CLOSE WAS WAX AT ABOUT LOWEST New York Nov deal Ingi lathe stock today gave every ot an upward movement Prices were generally higher and the volum of activity sus considerably above that for several days it was evident that advantage was taken of the level of prices to market stocks This has so frequently been the action of Llie market I through the recent period of its advance that not much apprehension Waa caused especially as new points of strength were developed and large buying orders gassed from one to another The fact that on one or two stocks were strong at a time aroused the suspicion that te marKet for the purpOse of realizing The of this suspicion made the market and when the rate for call loans flurried tb 4 peg cent in the afternoon stocks came out freely from all quarters or the prices broke rather precipitately Some of the features or strength had nominal explanations for their advance but the subsequent market caused the tnt that the advance had been manipulated for the purpose of the market enormous tion both of States teel preferred and of the sinking fund bonds au the operations were attributed In huge de degree gree to the of a Fuel wa the only one of the independent steel stocks to show marked sympathy rIte movement in and Manhattan was paralleled by that iii Transit on the euro On the other hand the persistent I of the Pacifies eu the stock exchange had Its counterpart In the decline of Northern Securities on rae curb The motive seemed to be a disappointment over the further postponement in the Northern Securities case but these scat scattering paints of weakness were in the later decline which overcame the whole market and wiped out the gains in inthe the few strong spots The special cause of the flurry in the money market was said to be the placing of over of Pennsylvania car trust bonds But runny larger transactions than that have been conducted in the money in inthe the last few weeks without disturbance It was perceived this morning that some of the largest recent lender of money were not In the market and who delayed filling their requirements until late bid up the rate to the I per cent I level There were no further engage engagements ments of gold for export but the foreign exchange market continued firm Last s only slightly above the low lowest est and the tone was weak at I losses generally of between 1 ana 2 points Bonds weakened at some points in pathy with stocks Total sales par value United States new advanced |