OCR Text |
Show DEPRESSION ON STOCK MARKET New York, Nov. 12. The abrupt fall in prices of stocks following tb? election was attributed to the overextension over-extension of speculative commitments In expectation of a revived demand, which failed to materialize The extent ex-tent of the political overturn and Its suggestions of change had to be digested. The banking and money position asserted renewed Influence through tho heavy demands of tho interior for currency and credits. Postpone I opportunity for new bond flotations were seen in this development. The expresrmtns strike and the demands for western railroad engineers engin-eers brought the lalmr problem into view. Decreased tonnage of unfilled steel orders and sustained production produc-tion of copper were disclosed by official of-ficial reports with depressing Influences. |