| Show s roCKS IN THE EAST EASL I Money Market is tHe Center of Absorbing Interest 1 t LOANS LO 1 S ARE AHE HIGHER 0 I Tightening of Financial Conditions Prevail Generally t 4 New York Nov Nev i develop developments developments ments In the money market served to toju ju attitude assumed by pecuniary interests towards toward speculation during daring the past week Had the borrowing with h stocks on margin proceed proceeded W ed cit with the headlong eagerness g that was shown last week tire the the effect ot of today e flurry in call loans loam Inevitably haye aye been much nc aggravated i In tire the first place the available resources of the money mar market market ket would have been ben much depleted and rind andin andin in the second place vI ace the contraction of credit it necessitated ne would have brought out much more buren ome offerings offering of stocks for sale ale As it was speculative holders of stocks mocks seemed to be well lor toe titled with time loans Those who were not had to face a 20 5 per cent gait call loan Joan rate and a material extension lon In the cash mar ear margin margin eargin gin required to carry stocks over the election Cash margins margin of 30 per er cent was demanded on a large scale The Ther hardening d of borrowers were V increased by bythe b r the additional ir strictness r of 7 lenders ri with wit I regard to the rate being 1 per percent percent cent t higher for loans where there t was any admixture F O of industrial l securities than where they were all n ran railroads roads Con Considerable Considerable Considerable attention was attracted attract also aL by reports of a greatly Increased demand for short time loans It was reported re that loans easily easU commended commanded I 5 S per cent while those thore for longer loner periods period could d not be had as low as 4 per cent This h created c t 3 a feeling oi of uneasiness K re regarding regarding garding the immediate imm future ot of 0 the be I money mone market It was claimed the high rate tor br calls ails was due simply to the tem tern temporary tying up of money due to monthly settlements f and ami that t there therk t w bM kI be a quick release next week or soon as 88 divi dirt dividend dividend and interest disbursements began to toi tot toSi t Si i ay back buck into the money ket sire x tie re was debtor at the clearing house today to the amount of on account of the th government in inthe Inthe inthe the payments The feature of the prelim preliminary prelimInary inary mary estimates of the weeks cash change Is the reversal shown hown in the cur current rent reut of the money movement with the Interior The banks banD have gained on the Interior movement by b express to the ex cx extent tent of ot probably tW nearly half a million dot dol dollars o lars Not o until today when was deposited at the for trans transfer fer for to Chicago has there been any an trans traps transfer fer ler to the tb Interior through that medium 50 q a of this and the large larn shipments by the on ac at account account count of gold deposits at Pacific coast points the oI statement of the weeks SU operations opera tion shows a gain by banks of But it must be remembered remembered I that this Includes a on last Friday of ot checks ot or for Australian eold rold old der with th H gov mv government at San Francisco This gold was drawn over nver the counter at the ury by the banks and therefore re figured in last Saturdays s bank statement Al AI Allowing Allowing lowing for this tomorrows statement is likely like I to show a considerable decline in cash reserves Al though there been I liquidation in stocks the borrowings borr In incident 1 to the tIre monthly settlements are likely I to figure reth in the t teM loan Item UiN tomorrow I and Increase r the reserve eM requirements The rho poor bank statement prefigured ex cx explains I p plains lains th Ut days events event in the money mar maret markeL market k ket keL et Covering by shorts caused recovery I in stocks later but prices in closing deal Inca The bond market was dull and irregular Total sales mica par value 00 United States refunding Sri when issued and the now new 48 declined per ver cent on the last I call r Bond Quotations U S ref is 5 N Y V C isis lats J g gb U S ref Is 35 N J C gen kD coup N P s in IS 81 ISi e i S Is rca N P b U S 35 N Y C St SL L Lr Lb r S new e 4 b U Ss S new ref 45 I N Nu W con 97 Ore Nay Nav lets 0 U coup S old g i 8 Ore Nav 45 f U S old 48 45 iO S L Elf V 1 S R 5 reg S L I eon TJ U S Is coup II Reading gen 87 I 8 Eis Die Dis C J 3 ice R G W 98 51 Atch gen 45 St L I I M 11 MAtch Atch con if 5 lY 1141 lYCan Can S nd St L S F 1 Ches Chea O 0 4 gen gee te Sn Ches O 0 Se St Paul C I St P C P 11 C t N F St P r tan deb Is 1 So Pac 4 81 Chi Term Is So Railway Colo Cob S 81 I S R It T P Os 68 IS D R It G Is IT P P Erie Krie gen Is RT P II F W DC I II c is 73 t 1 e P Gen Elec iel Se lets 1st Iowa C 2 L N Is 99 59 IW W Shore 4 M K T 66 WIn C lets SS IS I JL t K l T 98 50 Va Centuries C t r 99 Stock Quotations I Atchison 31 Union Pacific 80 Preferred Preferred 76 Bal Bat Ohio 74 Wabash 7 1 1 Can Pacific 25 Preferred Can g Southern rif r St W L E B Ches Ohio 30 Second pfd pid M 54 Chicago G W V 11 Wis Vis Central 18 13 1 C B Q Third Ave MS El Chi Ind Inn L 2 35 Adams Adam lix Ex Preferred e r 54 American ca Ex 1 l r 1 l Chi hi I E Ills Iii 98 93 United l States 3 Chi w i r 1 g C IR R I PlC Pl Am Cot Oil HI l 35 C C C v St L 62 TX Preferred 91 Cole Cola Southern tk 5 Am Malting halting S 5 37 31 Preferred y 35 pfd 1 13 Am S R It 41 Del Hudson Preferred Del I L l IAp IAm p Spirits 1 D H G Preferred I Preferred ISAm Am H 11 Dl ErIe 11 Preferred 74 First pM old Am S W Great N old Preferred 14 r Hocking Coal 15 Am Tin Plate 32 Hocking Vat hI Preferred 52 Ills Am Tobacco 96 I Iowa Central IS 18 Preferred rrell I Preferred f 41 Anne lot Co If 44 j X Lake E w 24 B it T gs preferred ref ern I J 1 Colo F I I ss Lake Shore 10 Con Tob Tobacco cco 27 Louis Nash 75 Preferred St 81 L Federal Steel 38 Met St S1 Preferred 8 45 MexIcan Cent 11 15 Gen Electric St L 57 51 Glucose Sugar Preferred 87 Preferred 1 Mo PacifIc iI lot mt Paper 20 j Mobile MoblIe Ohio ei Preferred M K T P 1 Laclede Gu Gas 01 Preferred n Nat Biscuit 20 N J Central Preferred 45 N Y V Nat Lead N Nor W Preferred e ill Preferred f rr N Steel etZe I Northern Pac 57 Preferred Preferred 13 N Y A BIll Ontario 21 l No American liY OR 0 H N 4 Pacific coant 56 referred Preferred S First pfd PM 54 4 Penns Pennsylvania Second pit iii 10 I Re Reading l Man Mali 4 43 c First phi S People a 91 Premed Pre S Car 4 R It G 0 W 20 Preferred Sly si I Preferred 90 00 Pullman P St SL L S F 11 s R B y r FIrst pfd Su Sugar r 1 I Second pfd Ii 38 Preferred I St L lI enn C X i I Preferred B il L S Lether 11 St Paul ii 11 Preferred Preferred 1 1 U IT S Rubber Si II St Paul OU 0 Preferred IC 54 Southern Pat Pac Ve tem enten 80 45 Southern Ran Rail Rev Rep I S 1 Preferred i 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