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Show n ARKET G Al N6 STRENGTH FROA I STATEMENT ABOUT NEXT LOAN Fact That All Reports Are Prematureand Signs of Collapse in Peace Negotiations, Prove Favorable. NKU" VtfllK. Hoc. "1. The authoritative authorita-tive statement t! at all reports concerning the next guvtrnmcnt loan are merely conjectural con-jectural Ji:id decidedly premature and signs of a collapse of the peace negotiations negotia-tions between Russia and the central powers contributed to the further atremrth of the stock market today. Prices after tlie preliminary period of uncertainty 'advanced J lo 3 points among; leading issues, with greater sains in tlie; varied list of specialties. Technical conditions con-ditions also were helpful, shorts ayain covering rattier urgently on tlie increasing scarcity of offernc;s. Rails and the more representative industrials in-dustrials moved to highest levels In the afternoon, but shaded a point or more towards the end. the reversal synchronizing synchroniz-ing with the definite announcement that action on the railroad situation is to be postponed until after liie holidays. Sales, 650,1)00 shares. With the many large financial operations opera-tions now under way, the market, cun-i cun-i tinned very firm, ail call money loans holding at 6 per cent. Time rates were steady at 53i, to 6 per cent for mixed collateral, hut in point of fact funds were almost unobtainable, except for the shorter short-er maturities. Exchange on France, Russia and Spain moved more in favor of those countries, rubles being in fair demand for tlie first time in weeks. All the foreign IkjikIs augmented yesterday's yes-terday's gains, some by 2 to 4 per cent. Domestic issues also displaved firmer tendencies. ten-dencies. Eiberty 4s sold at 97.10 to 97 anrl 3V2s at 9S.34 to SS.IO. Total Ijond sales, par value, amounted to Jr.375.000. United States old coupon Is rose per cent on sale, other issues remaining unchanged on call. |