Salt Lake Telegram | 1905-01-28 | Page 1 | Abundance of Money Helps Stock Market

ABUNDANCE OF MONEY HELPS STOCK MARKET NEW YORK. Jan. 28. The shock of the Russian crisis helped to precipitate some speculative liquidation on the stock exchange here early in the week. Later there was a recovery, partly due to a less serious view, of the prospect of a revolution revolu-tion and then partly to the idea that Russia's Rus-sia's internal difficulties might hasten the conclusion of the war with Japan. The New York market has been benefitted bene-fitted by the weeding out of weak speculative specu-lative accounts on the decline. Former surmises of Important developments In connection with the Northern Securities settlement have reasserted their influence. The abundance of money has induced a large absorption of bonds and has given underlying strength to stocks.