The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-03-17
,ND tOUwEKcI,L.


EDNE4DAN, March 10.
u No. an unaventfu time to-day in
stocks. at hoUgh prices again moved down
Ns.d and closed 81 consIdsrabls net re-
sIons. Pressure Of liquidation began
immediately after the opening Of business.
] and ~ wa, obvious that speculative senti-
m-nt wa> generally. although not perhap,
a~Ytely. depressed by he looming up into
prnminenoe Of various unfavOrRbis mar
act factors. II could not ne said that any
one Of these matters stood forth VA
stronger Light than Il did yesterday OF At
any time during the week, but taken IA
ih" mass to-day they seemed to Possess a
more or less cumulative force. The man
feat fact that In the last week there have
seen heavy r"rl.Giug ssl', Df stock, con
tuual uncertainty a. t. TIL -~,uh u th'.
standard cal aHd Am-uChY Tobacco cases
and increasing doubt u anything a. TO
Nh"' l..r tins result Soula D- satisfactory
f-o'n th. financial point IT view. an I'M
ui-takarl. ght~niuk "f the money si,ua
t.nu and growing inclination to- regard
the country charging debit trade bal
ans.. ~ a matter that must compel sooner
or at-r e radical lowering of commodity
prI,-s here and also the introduction Of
~
l..sn Inintly and individually responsible
for the weakness in the market IN the
Last few days. More concern than re-
ga-diug anything else seemed TO b. man
tfestsd to-day ~ to the likelihood OF AN
advance tomorrow ia the Bank Of Eng
land discount rate, and u must 10 said
that expectation was general that IL the
hank rate Was not advanced Tomorrow
9 ~oon would bs ~ view of the compare
lively weakened financial condition 20 the
institution There were tndeed those who
"A. -''-t..d that u was not impossible thgt
the nans rate Tomorrow might II. adj
tan,"i from par cent ~ present figure
tot only - y but to p-r cent and Il he
iank ret" does rise IN. the n~a. future It
must iueyitgbly b~ accompanied with
h. Rh"r rstes Tor the Use Of funds here
Banker, here are IN no way looking for
any decided squeeze IN money az this |
centre immediately. although IA" first u
ApTil O., often period when for we'll
known reasons a sharp advance Ia rates !
dn.-- occur and ~ - Of course unfortunate I
q hat A. the moment the possibility Of gold
exports from the country stands IN con !
Junction With large movement Of funds /
t. IN. interior for tn. SEASON agricultural /
iI-as
B-for, the noon hour Of business was
r"achsd to-day Geciine- we're from one
10 t~o POINTS m stocks Of the class Of
intel states steel common. Union .
ri"ih' common. Amalgana,ed Copper I
and Sulthsr,, Pacific A. this brought /
market valuations to "A level materially I
~. ~ tn. high pric-s ~ a week ago a !
among or-rator- for the fall Ia recover
Their stock Spm" little speculative
buyrnE for the rise also mad. its appear
,nr". and under these two Influences
frr..- rn-. moderately until the last
urII hour - business Then they again
-pi "A dosing. however. veil abpve
lh. lowest II the day There we're al
.up-J ~ Developments 1T Importance
10 the day = news Sterling exchange
,'.- Isfi a slightly higher than they did
.r fl..-iav In TIE grain MARKET quota
.ru- fnr iha l"Ihing options r-cs,isi
stn-tisv upon -~pprt- ~ ram actual
.rrprrs~i ~ kanzas. whsr~ rho winter
, beat rrop -.-sns Ia I've undoubtedly
-.F,..nE 80 least 90 -otn" slight extent
.r.f1 larh ul moisture Labor troubles
r 80 'alk-i ~ hardly at all ~ Wall Stree,
o. -irc -. dav aud ia. belief - still strong
' tFs rrancal district that difiCtlltiss
q 'Tr- --rt - ANY lmportan,., will y.
.u.,.srlv Idusl-i either through the
.t---"u' .ur - tn.. Government or other
.-.. IN. weekly r~port- ~ "a th.. state
., ~. ron and steel burin.-s- puhlsh.d
20. iv Iu '..' trad" Journals we're per.
..p- ~ -prr~~h hat les optim,stir tenor
81. 1
r..ug l',i uI-"u ~" sporadic huyIng ~
o.. rr'u 80 lover pT1""- and the tact that
20 -nai nrs- there ~ sharp cumps.i-
room among i'hri''a'ing mills The pam.
~ Ia' report 80 ~" steel Corporation for
%" -, 40 v"at $50 puhlt-hsd o-day hrr"
,u' ,' -" fayorahl" predictions 40 a.
f. general TENOR 'ha' nav" lately b"on
rra"" N,i' r'u'arusi M surprises