Show I ix AVAL i COli Continued High h flutes HII for Time rIme Ionn Cheek Activity New York Sept 22 The The money situation situation situation situ situ- has this week aguin been the main object of oC concern to the financial community Other matters have Iu had more or leas lesi bearing Louring upon the course of or prices The approaching political has In for fora forn campaign In particular come a n greater share of ot attention But the dally daily fluctuations on the stock exchange have ha e been Influenced more than anything tiny any thing thing- else by the lie varying opinions as us asto to lo what th the future of the thc money market mar mar- hot ket has In store At the outset of ot the week there seemed good reason to believe believe be- be lieve that the thc corner corne had hall been finally turned In 11 the annual problem of oC the autumn financing With the Import gold placed to the thc credit of bank reserves es for tor the six bu business days nys ending last Saturday and with such additions ad ad- as were were- Immediately to bo ho ex cx- ex expected peeled a decided relaxation In all branches brunches of or the lie money market was confidently con con- anticipated Further gold engagements engagements engagements en en- hate hl been made during the th week both from London nn and Paris Parl and up to yesterday morning the total advances advances ad- ad vances made to local Institutions under the treasury treasur order r has been raised to over But Dut the effect of ot this apparently large arge expansion zion sion of ot cash supplies was lo to keep koep down own call cull money rates to the lie tower lower level oia ola ol oi a n w week elc ago In the market for Cor time loans and arid mercantile discounts not oni was there no iio let down but rules rates ros during the to the tho highest t touche In nt recent nt years years- The commercial market especially presents present In a startling startling start ling f fashion that much much discussed se uno maly of our financial system which great trade trao activity Is made t carry the possibilities of Us its own de do through the excessive mono mone premiums which It Involves dhU Slows lo li wu With uncertainties In iii the lie money market market market mar mar- ket und and political canvass confronting It It it Is it not surprising that there should be especially toward the close of or the week a slowing down of activity on the stock exchange e. The best financial finan finan- cial elul Judgment Is that prices will even eventually event event- t have haive to rise still sUIl more before they discount the wonderful outlook for tor forthe forthe the country's general business ss But Dut the question l is whether on account of ot adverse adverse ad nd- verse Verte money conditions and with the elections so near at hand renewal of the lie mo em movement nt will not have to lo lobe tobe be bl defeated until later In the year What hat little outside Interest there was ha has disappeared entirely In this weeks week's trading hu an and the th lit explanation Is simple enough enough commission commission house customers refuse to pay the high rates exacted for the tho use of or credit Professional dealers deniers deal deni- ers ems have the market et to themselves an and OB US Is true truo under these c circumstances circumstances circum circum- stances the lie range of ot prices is very narrow nar- nar row and the fluctuations within these narrow limits are extremely rapid and confusing confusing- r |