Show H STOCKS IN THE EAST Market Takes a n Firmer Tone nt at atan C an Advance J MONEY RATES BATES EASIER PROSPECTS OF OP AMPLE A SuPPLY OF CASK CASH is ENCOURAGING I N ew W York Oct 13 The undertone of ot orth th Hi stock market continued firm today end and the appearance of the Ule bank statement was as a H signal ignal for a buying movement that carried price up sharply making the closing firm at the top Net Iet gains in a afew af afew few f W instances are a point Peoples Gas the Ute feature and the continued de ianI from rom the short Interest carried It up p to lo 24 14 with a relapse of only a slight fraction ra The ease of ot call money yester da day nad Dad prepared the public for tor some factor to the heavy drain of ca h to tho the interior That movement it U is i not fully tully reflected in the bank juti ment as the heavy shipments toward towar the end nd of ot the week counted for little in up P the daily dally averages Add to I this the heavy loan contraction which s served re i to bring down the reserve require requirement requirement ment thus reducing the inroad upon upu the surplus to Th Tb room traders were disposed to die dis coun at once a favorable bank statement f fr r week as the coming frum fr film ni Europe will figure In the statement Kt R i t of oC Klondike gold are expected Th r week ek and the pension payments by byth byU byth th U are looked to for some som The bullish h traders also argued that the advance in interior exchange on or onN N w York might be the harbinger of a filling falling off in the Interior demand for cur curn n rny n v but this tew did not find counte oatH in banking circles Aside from th s ebullitions from professional spec speculators speculator there was wab a substantial growth oi Cl a M rise n e of security in financial ial circles In 1 r Tta iM nn n of the declared policy of ot the th 1 ink of oC France to furnish gold for relief of nv n threatened monetary crisis The of oC this policy polley by a bank attracted wider attention In Wall Wail Walls Tail s r ft t than any other incident of the theJa jn Ja The Bank Dank of France now possesses es It t 1 largEst irge t single accumulation of gold R ld in inti InUi ti Ui world Its holdings stand at 3 I that it if Is i now made available for Cor forth Corth forth th r lief of any an threatened threat ned crisis In the WorMs money market 18 Is a ft fact of world worldwide worldwide worldWide wide importance Money Mone Needed In America Lat Last La t Saturdays bank statement ent lias las left leU It its influence on the stock market through tv tb t week and has brought home to the fin world only mono mon how completely the money markets resources re and the thed d mantis upon it had been miscalculated Ih events of the week notably the ab abst st of tie Lee Bank n of England govern overn J Ad 01 Or tl from mO advancing n the t official discount Jf rip rIe ShOW ho that foreign money markets hive n even een yet t failed to grasp entirely r the thee tt t r cv e j i s of the money requirements in this t over oer the preliminary estimates L lIt lat t summer ummer Possibly the expectation t i ine Ii South African gold mines will willi i resume rume a supply to Europe wat Wai a af I f u tir r in this apparent confidence abroad but it il sterns ems bas based d rather on the tte tion lion that the present conditions of cotton are aro temporary and will change with the movement of the crop The li Ii liquidation in the cotton market by b both foreign and domestic holders following he rhe unexpectedly un favorable report by the government fo give some points to this as ns assumption assumption New York banking authorities Save have shown some reluctance to press de demands demand demands mands mand for tor gold remittance r from abroad Season Reason For Leniency American financiers see a loUve of ot In refraining from precipitating I ing ug a money stringency and forcing dation In foreign markets That liquida tion abroad may have a reflex action in New York is shown by b the recent large larg selling for tor Berlin account or Northern Pacific It is cert cerf n that a wholesale re recall recall recall call of ot American foreign credits would operate op to curtail this trade very materially mat There Is no more talk heard that the reaction r in general busi bust business business ness fleas and the increased money mone wIn will relax the tho pressure upon the great money centers for the usual f fc fall Ul l de do demands mands manda It is now evident that the slight delay dela tbs year compared with last in the movement of ot currency from New York to i interior was due to the fact tact that the tho banks banys had met the earlier demand by b putting out our their newly issued bank notes But already the banks have shipped near neary iy y as ruth ruch lawful money this year as was shipped up to Dec 1 of last ast year Bankers Bank rs also look for Cor large additional demands d mands for tor money after election on the theory that much business is held in abeyance until that time On account of these conditions the tile demand for stocks during the week has hrs been lethargic and speculation nar narrow narrow narrow row but no pressure of liquidation has bas been shown Trading in bonds has been small and prices generally have moved narrowly U US US US S refunding 2 the Se and old 45 declined JA 4 per cent on call as compared with prices a year ago Stock Quotations U S 25 red wh M I K T 45 90 issued is reg rag 1 J N C Is 18 1 U S Ss red wh wit N J C Gen Issued coup COUI No Pacific fit 54 U S 1 NO Pacific Is U S COU coup IN Y C St L LH LU U S n reg H U S a a pi iN N wc W U S 0 45 Ore Nn Nay Is U 11 S 0 coup Ore Nay Nav is U S Ss reg 1 O S L 68 U S Se coup OS L Con g D of r C 65 i g d Gen s ll 15 AtI gee en 46 G 54 w Is 99 4 St Sf L 1 M 1 tan Cat sO lOO C COb h S C Ohio 4 I St L S F FC C Ohio Ohto Ss 8 I Gen Cen Os C N W Con St P C 75 18 I st P C P C N V S F St P C p Deb So Pacific 78 CM Per e s So Sa l g riall Colo o So 4 45 j T Os s D a 11 G is 10 T Pacific is D RG R G T Pacific 65 Erie Erle G On n 4 j GS 01 U P 48 jt iL W D C Wabash Is ls 13 71 abash s Gen Cen Wl C 55 US West Shore Ix In Cen Wi Vip Con Cen Is 83 53 L N 95 Va Centuries 91 11 Ie T 28 Bond Quotations Atchison 28 21 Union Pacific 58 Preferred 71 Preferred 74 71 Bait 7 e Can Pacific 86 56 Preferred 1 17 Can So Southern thern ro 50 W VoT L E 51 8 C Ohio Second pfd 23 C G W 1 10 Third Avenue c B Q Adams C I L 20 Ameri an Cp Preferred f rr d 52 t United wi Wt States i s sC 45 C E I 93 C N Am Aja Cotton Oil 33 t I tC IC C R 11 I Preferred 59 c c C St se L 60 Am Malting 4 1 Cob Colo Southern 5 I Preferred 23 First pfd 35 Am S R 33 Second pM 14 Preferred 85 53 Del Am Spirits I 1 ID D L Wl Preferred 17 D R 11 G 18 Am Steel Hoop 13 Preferred 67 Preferred 67 57 Erie 11 Am S W 33 FIrst pfd 34 Preferred 73 l Gt No pfd pM Am m Tin Plate 37 Hocking Coal 14 Preferred 83 Hocking Valley 33 Am m Tobacco 92 Ills Preferred In Central 18 Ana Min Mm Co 43 3 Preferred 4 40 B R H T 52 L E W C F I 33 Preferred Con Can Tobacco 26 Lake Shore 25 Preferred 77 L X N 72 Fed Steel 34 31 I Manhattan L 92 Preferred GI 64 Met St Gen Electric loW Mex Central Sugar 50 Minn St L 54 Preferred 95 Preferred 95 InU Paper Iris 17 Mo Pacific 50 1 Preferred 64 M Ohio a 0 La lede Gas 68 Sr L K T eM Biscuit n 52 Preferred 23 Preferred 84 N J Central Lead 17 N Y Central 1294 Preferred 00 N Western Vestern aU Steel Z 27 Preferred 7 Preferred 84 No Pacific N Y A B Preferred 70 No 15 d dO Ole Ont WesL sE 20 Pacific Coast 60 O 0 R It Se N 42 First pfd 83 Preferred 76 Second 63 Pennsylvania Pacific Mall Mail 31 First pfd pM 55 Peoples Gs Gas 89 Second pM pfd P Steel Car 39 R G V 41 Preferred 76 Preferred 90 Pul P Pal Car ig S F bIt 3 It T First pfd 65 I Second pfd Pr Preferred US St L S W 12 1 r C I 57 Preferred 29 T S Leather 10 St Paul Preferred Preferred 1St I S RUbber 25 St P O 0 l Preferred 94 So Pacific 25 23 estern Union 78 So Railway n 11 Rep ep I S is 12 Preferred 52 referred preferred 5 53 T Pacific ISo 15 C C St L Si 1 WIs Central 1114 |