| Show INTEREST IN ST STOCK CK 1 MARKET IS LANGUID New ew York No Nov In today were of an desultory a and time tho interest In tile be market was languId Inn In vance of tIne tomorrow Time The Ulce of An All Saints holiday In London and Paris today loday also subtract subtracted ed ad m from Limo of time days US business arid and deprived the mar hot kel of an of on the outlook which Is much flinch f lIed on at present Tine The mone markets proper sout news flOWs from abroad anti and this was wasa a prime factor In tine the carl early rise In prices o of mere here The ThC weekly of Line German Germani bank din die closed some sonne heavy Inroads on re resource source incident ent to the November and tile the private discount rate In Berlin rose a The Dank of England secured all of time South African gold arrivIng In the tino London market with without out competition and at a further re recession recession cession In the price which wipes out In effect the recent premium over oer the obligatory price to he paid h by time tho bank which has prevailed while other oIlier centers wore for tor London gold sUpply This was looked upon as gratifying evidence of the satin progress of tine tho recuperation In the Bank Danl of The effect was helpful to the tho Now York orl stock notwithstanding the absence of direct in inthe the tho local stock market on behalf of oC London Lon don There was a striking diversion of t to low priced Indus Industrial industrial trial stocks and specialities while the tho themore more prominent trading were I neglected The Pine minor members of the steel especIally the rail road noad equipment stocks were miens The Tho Influx of oC nc nosY orders for or from the railroads was partir responsible fon fOI this movement Something was made o of the reports of large sales of metal In tine the thelast last few days das hut but the copper Indus Industrials trials did not hold well and sagged with lie receipt of copper quotations from London showing a decline In prices The rho speculation looked somewhat nt at the torms for forthe fortine tine the new Pen Pennsylvania stock motto Issue which was at a lower bower price than had been anticipated As between time tho inn In creased value of tine tho subscription rights to tine the Individual anid the low credit for the corpora corporation Lion tion involved inn In the issue at par of ofa a stork stock selling In the tho market In the tho neighborhood of the appraise meat of oC tho operation was somewhat conCu confused cd The resort to a stock Is Issue sue site nt at all In place of a bond hond issue Is to the faulty faull Investment demand rOl On fixed interest hearing se I which inns has been remarked In Inthe Inthe the bond hond market throughout the tho lat latter tar ter stages of the active for stocks stock Tine six per cent rate nate now existing on Penn Pennsylvania Pennsylvania sylvania railroad stock and loft un mini unchanged changed b by time the declaration repS rep ret ont If a high rate for Cor now new capital The rho proceeds are to for the tho payment of of collateral motes which bore seven seen I per pcr cent and bf of six er erent cent ent bonds falling duo next year ear I TIne rho stock market tone somewhat trooping after the news of I the tho Pennsylvania n n directors oll I Bonds Bo Irre Total sales H pu pan value 33 United States Staten 25 declined 11 per percent I coal cent on call I |
