Show NEW YORK BANKERS PREDICT EASIER MONEY RATES Improvement in Both Financial Finan Finan- I. I cal cia cial and Industrial Conditions ConI Conditions Con Con- Are re Seen SeenI I by Harold Jt It Smoot Co I NEW YORK Nov Houses louses 2 making a I specialty ot of supplying banking accOmmOdations In the Vail Wal street district were positive last night nigh t that the money l lion ton had changed for tor the better beter and that easier ealer money conditions condition would prevail Sat Saturday Saturday Sat Sat- the total o of oC call cal money placed on the stork stock exchange floor did not amount t to against toor an average of oC 30 Although the tho majority of at the brokerage bro bro- brO brO- house letters betters sent to customers over the week weel end displayed a conservative tone there were several everal which expressed ed tho the opinion that further liquidation would not that be be surprising In view of oC the extent to which tho present downward downward movement of prices has gained In momentum during durin the past wk woo when shares traded in on the thc ex exchange exchange fX- fX ex- ex change established low record for a a new ne 10 tho limo year But in the lime majority of ot cases tate the Ule advice to In H buy Is given ghen the better beter that tha one grade rade should 1 of not railroad MJ heel hesi and d i industrial r 1 stocks at current u t prices Also g g the advice Is given t that scale buying f from I this IB level le would in the end pro v prom profit able able for tor as pointed out by one house very I few rew people are so fortunate as to buy at the bottom and In view of this scale b bin Ing should be resorted to to Post The bulletin of tho the New York Tork stock ex ex- ex change Issued this week calls cals the attention attention atten atten- ton tion of or members to resolutions adopted Vy Vt 1 the governing committee on February 27 27 1318 1010 providing that the circulation In any manner of ot rumors of or a sensational charde- charde charac charac- ter by members of ot the tho exchange or their 1 l firms will be deemed an act detrimental l to the thc interest and welfare of ot the exchange All Ail Al in members member report to the secretary any information which comes to their no no- tics tice as to the circulation of such rumors New New York News News Signs Sign of ot improvement ement in the merchandise I situation are brought forth in the weeks week's reviews of the commercial outlook by leadIng lead lead- ing bug authorities Retail and jobbing lines report the heaviest volume of activity so 10 far this autumn with seasonal goods goode movIng ing with greater frequency This improvement improvement improve Improve- ment however has been without Influence on the general state of ot trade trade which BradStreets BradStreet's Bradstreet's Bradstreets Brad- Brad streets street's assert manufacturers manufacturer view with wih a rather pessimistic feeling and prices of com corn commodities sagging It I adds The bulk of the improvement whore manifested quite Quie widely as it Is at retail and to a lesser extent ex ex- tent with jobbers is unquestionably at the expense of ot prices price priceR though colder weather with tho the advance of the season Is i having Its I effect upon reluctant buyers of ot necessities slUes cities In apparel lines and furnishings Mall Mail alThe al The tobacco business is I just juit entering a year three-year period of greatest prosperity says George Geore J. J Whelan president of ot the Retail Stores corporation Earnings of ot all al the tobacco companies with which I am identified are aro large and there is I no reason reason rea rca son ion why dividends should not be continued Large Lare earnings are not the che result resul of Increased in increased increased In- In creased prices Our business has grown In volume Our stocks are arc worth intrinsically moer than a I year ago Raiding and short soIling selling soing are responsible for tor most of the declines de de- de- de dines clines in the prices of our securities New No York Financial News No prudent man will wi undertake predictions tons regarding the future course of such a a. market It is never possible to I say exactly exact ex ox- act when forced fored liquidation will wl have reached a h place Usually the I arrival arrival arrival ar ar- ar- ar rival of such a a. moment is Indicated by a day of excessively violent declines with much the tho lar largest est business day on on n the stock exchange When hen even the liquidation of 1003 1903 and the November panic of 1907 had hadas hadas as their sequel a late December December Decem Decem- I ber r recovery over of ot 5 to 10 per cent In stocks and a rise in bond prices a precedent at any any rate is p plain Times |