| Show Till 1111 a I IX IN MARKET r. rum ruin end mul D l t to Ac- Ac thIt tl lly and Strength New n e York Nov 0 17 The The change In Inthis Inthis' Inthis this his this this' weeks week's stock from Crom henl ness and amid tI depression pr n l to activity and anti strength Is more marc largely the lie outcome of conditions tItan than outside the stock n l On Or the whole It Jt hn hAi bc n na a i. i more moro trying period than any week since Ince September In iii the lie money marJ market el Call Can money ha r us UN hl high h as ns 20 0 per cent nd S 8 per cen cent was wis s f paid iL d for tor loans louns over ocr the lie first of the eat ear where th the collateral l of feted ia ha Has of or In Industrial j BC So- So a o o. o hus S' S tt tho J ut of or this t r 1 I. I ss 8 of at if n 1 ni nl clI 11 h. h prohibitive c tl figures Cr C TM to enterS r Ot i for fol tour lr I on a u 1 il b. i Lit or orli seven even li per pr c cent 1 anil ev if p paid l lI as nuch much as si and anil a n half hut for loan to 6 run six Ix Jl It IH Iii doubtless Itt tru truo That such uch excessive c prem on lh thC distant reflect u n. pres present nt rather rathe than lie tho h belief that tho the money stringency will wIlt keep up uj tl lh the opening mouths months of next year It IH is al also o ru that distinct signs ns of or an nn c easing of the thc strain have hae begun legun t to appear I at athe atthe atthe the he close cloce of or I he week especially at nt time the rates exacted upon rail loans 14 Cut nul tho ho fart art remains ln that the stock market hat has been heen subjected tI this lg week 10 to o a a. test from money conditions moro severe se than thon an ImpoSt ImpoSt-II upon it for two months R past Furthermore It hn has had to lo encounter he the ver very unpleasant Impression mu maJc Jc k kupon upon financial feelings b by bythe the government government gov gov- ov- ov proceedings against ag Standard Stan SIaN- dard Oil all and anti by the certainty that lint suggests that lint the CI fight ht against our great g corporate or organization under th Sherman law ml may be he v waged moro mort fiercely than ever cr at mit Washington this winter A Market markel where stocks w wor r widely distributed und and where outside buying and md selling cut any all rt figure ure it ll till ill could not but l hU evinced acute I sensitiveness to these unfavorable ulIa sue sur That Instead of of- showing any my uneasiness th tit share list has rapidly rap- rap idly Improved beyond all ull r else lse t the hI IJ highly h concentrated d character r of the present holdings To 10 a extent that lint at any tints time this year the h flouting supply of oC stocks Mocks TI rests lS In the lie hands bunds of the time larger lars Wall Vall street lr et Interests Inter inter- ests ests st individual who whose are mr ample ample- to 0 make them lt to lo the lie features which the tho small l borrowers have Ita had to lo submit and amI wh W I abounding abound ing litS' confidence onn in Ih the future au 3 them to I Ignore nor unpleasant J Of or which oper operators tor of small smaller r rI I I I would ha have taken takemi fright frigli I. I A I market under wh M conditions 1 il is is in in a a position to lo Int take a. a jUdicious view of oC th the he outlook l i In i weigh q tho tue I Te tics of money fac facts fc of or the tho s 's prosperity and tn to HilI 11 governed o II by Ii Its decision a as to In lii the thc lon long bong run rUIl will 1111 11 the lie mo t wit vilh ii I It Is 1 i isay say ay that t lime hI outcome itt r t bits is iN that lIml th tim reasons confident IH holding of it stocks for fit higher I H greatly overbalance o. any any- t tIit can c'an jj he be advanced for or soiling and isid that t the lie rapid reversal r week Is III Jar largely ely ut tio n expression of ot tl Is jQ Judgment |
