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Show "fc PBOFITSlF i STOCK MAHET g Who Have Bought on cent Rise Are Not Dilatory. IeS KB OP TRADING Y MODERATE SATURDAY I foil Ease in Money Mar-pls Mar-pls Looked Upon Fa- rorably. . frORK. lIay 12. The improved i of the banks shown by tho bank it was expected nnd was taken feof by tho stock exohango today rtbeks to take proflts on tho excise ex-cise In prices which has occurred e week. Tho gain In cash shown inks was not as largo as had iicated by tho known movements iy Tho movement or prices In frmarkot was unusually confused WW the realizing movement after i statement thoro was no tlmo ha Sou when tho general tone M consistent. Advices In proml-S proml-S were rnado at tho same time fees in stocks of equal Import-ia Import-ia movement was not wldo at rfandthe volume of transactions im: mo&aalc Banking opinion Is mimous on the outlook In tho ''Erkct. Tho confident speculation Is based upon an assumption of "bc In the money market, which 'Kd to be forced by a return flow fcy from San Francisco as soon K la resumed there and by fur-ttnnces fur-ttnnces from abroad by foreign "companies on account of San tonkIngCSquartcrs it is argued 4Ktar?y resumption of business ac-flid ac-flid Tof reconstruction In San Fran-VM'causc Fran-VM'causc i the retention of the funds we bien accumulated. Opinion rCb' as to tho extent of which for-TCrance for-TCrance companies have already Klttanco to this country In prep-!K prep-!K paying claims against them. IKt large inward movement of .i Sieged toy some bankers to havo celv duo to the course of remlt- linst Insurance Iosscb. The mar- J near the low prices of tho day. J sales 'of bonds, par value, i avery In the stock market which A Srated last week, has attained Moportlons this week', and much ihas been made towards tho re-v re-v an of the oxtenslve shrinkage in i-aluatlons resulting from tho : nuldatlon to which the market ' lected after the San Francisco 1 ', The Improvement Is owing to creo to the relief afforded by the V louidation Itself, to the ring of .party which overextended Its op-,u op-,u !on the score of the weak condl-m condl-m the market and to some factors i Ivo betterment of conditions of v s outrome was fairly dpubtful or 2 ff'a'fforded by the liquidation b Itself felt naturally through tho V, market Funds have becomo "t? t-agaln In that market and rates jpionns are relaxed from day to ? !th the fall In prices of securities -A purred during the llquldtlon and ads as well as stocks, the basis .-i nvcetment .return on socurit es J r adjusted to the prevailing In-. In-. ite In the money market, espe-Tv espe-Tv hce the Interest rate on money Tf Inedr The courso of the stock offers evidence that there has K) substantial Investment absorp-4 absorp-4 'i ecurltles. especially at the low llast week. Buying by substan-" substan-" " i Interests at that time was ss of supporting prices, and ! holdings tlms acquired have upon the market as prices rout ro-ut It Is believed that largo ro acquired for retention For-)rs For-)rs seemed to havo been at-tho at-tho prices offered by our se-bla se-bla serves to take up some s country's floating lndebted-elgners, lndebted-elgners, which had reached rtlons. ovement In tho Immediate atlon hns thrown Into the tho ultimate capital requlrc-o requlrc-o rebuilding of San Francisco Is for other largo enterprises ed formidably In tho prospect 1 of stock market depressions, of the recovery In stock ln-i ln-i distrust from the technical infl keeps professional atten-for atten-for signs of a reaction. But no of sentiment remains confl-absenco confl-absenco o a renewal of any f the sinister character which nxlcty in the first week of the re shown somo Improvement, y with the stocks, nltod States 4s declined nhd' ' per cent on call on 'tho |