Show r Financial and andL L Commercial I I IDY BT DY THOMAS C C. C. C SHOTWELL SHOTWELL New York March 27 Definite announcement an nn- that E. E H. H Harriman would return to Now New lc York Immediately Immedi Immedi- excited further buying In tho the stock market markot today with Jh tho the result that prices sur surged ed upward throughout through through- out the tho entire entre session cloning with material not net gains in all al departments department The most remarkable advance was as In tho copper share shares Am Amalgamated ac ac- ac- ac losing morn moro than two points point Union Pacific New Xe York Central and tures Reading wore the most active lea fea feo- feo Street gossip was busy with wih alleged plans for the tho New York Central There Is no doubt that Harriman has some sonie big things timing in view v for the tho prop prop- crt erty but there thero has ho been no rio official admission to date te of ot what ho Intends to do Tho The buying of New cw York Central Central Contral Cen Con has been Impressive and has been done dono In connection with wih purchases purchase of ot Union Pacific and anti Southern Pacific A further advance In National Lead Ln stock was vas the result reul of ot reported heavy saes of or metal abroad abroad The lead lead market market mar mar- ket has become vor very vary active since the Broken hilts Hills Hil mine was closed the apparent apparent apprent ap ap- ap- ap parent prent demand Just now being far In excess of or the supply tho the conditions In lead being exactly the reverse in coppe copper cop cop- pe per Professionals Professional were wera In charge of or the tho market most of ot tho the week week A short In Interest In- In terest was wa disclosed In tho the Standard shares much larger than had been suspected In tho special specialties pools did active manipulation being backed up b by promises made from ten tars While the advance of oC stocks has seemed unreasonable in view Jew of ot business business business busi busi- ness conditions it must be admitted that there Is la an ocean of ot Idle moue money Vcr Very heavy Investments have o ha been made b by banks and trust Institutions In bonds Those These bonds havo have been purchased largely largel from Crom the public which in turn has had nothing to do dovith with wih the mane money but deposit It I In the tho banks which havo 1 Immediately used It over and over to to buy bonds thus multiplying the tho by the use uso of the mono money Tho The public seeing stocks Blocks held firm and unable to uso use funds In business has apparently been tempted to buy stocks again In the desperate hope of making this idle money yield an Income The big biG people having ha the banks at their command havo apparently apparently enty determined to support their stocks at high levels until such time as the tho public digests them In time the Che Street The Tho number of ur shares of stock sold today was against a year car ago Par value alue of or bonds bond sold Bold tolla today was against 1 1 a year rear yeara a ago go The announcement that President Taft TaC Is in favor of the ship subsidy pol policy C has caused a renewal of the tho bull bul talk in Pacific Mall Mail Tho The demand for Nevada Consolidated copper stock which Is la controlled b by bythe bytho the tho Gt Guggenheim Interests has led to several offers otters for tor blocks of or from to shares by persons conversant with wih tim the value of ot this property |