The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-04-09
WALL Street HAS
VERY WEARY WEEK
1t Is Marking Time, Awaiting
Decisions Of Supreme
Court.
STOCKS ARE SLUGGISH
Public Holds None Of Few spc
cialties Which Were
Active.
STOCKS ARE SLUGGISH
! snseial Is The rimes -pispatoh. ]

Special to The Times Dlspatch.J
New York April S.--rhe fact that
,hs DAY after tomorrow is Monday,
vi,l supreme court decisions in the
oil and tobacco cases among the posi-
bilities Of INC day. WAS given as the
reason in Wall street to-day for an
other GisircSsinglY dull session on the
New York STOCK Exchange.
Missouri pacific and Wabash. Pitts
surg Terminal bonds were the only
issues to attract attention, ana notii
OF these were weak As there is good
reason for a decline in Missouri Pacific
and equally good reasons for an sd
vance in the Terminal bonds. the ac-
tivity in these two issues was mNstifE-
ins II is probably duo iii Both cases
10 an attempt OF insiders to mark
down prices TO : level that viii enable
them To accumulate more OF the bonds.
Since ii is perfectly safe TO soil MIS-
souri, Pacific either long or short
stock, that ISSUE makes an admirable
club for picking up the Terminal
bonds
Railroad earnings were very favor
able. and a god bank statement was
NAN high records in several sps
cial,ies with extreme dizziness in the
standard stocks gave Wall street a
week Of WEAKNESS. The general public
all with the exception OF Canadian Ia
cific being held by syndicntes. The
Canadian stock made new high rec
ord but profit taking made It's appear
snce and the public which had Just
hcEun to set interested. let the issue
alone. National Biscuit, Can. preferred.
Bethlehem Steel and Associated Oil
were the spccialties that distinguished
themselves.
Although the public has no .sso-
ciated Oil. it paid some attention 10
tho sharp advance in that issue he
cause II Is reported the Southern Pa
* ~ r-tt a 49, - 80 I.,r
stand that tho company can be pur
cha scd at 20 a share. Tho purchase
Will not OF course. To made until the
SUPREME Court renders its decisions IN
sibe that tic Standard Oil is tho pur-
chaser, but tile Union Oil Company.
OF California, is also mentioned az
possible huycr OF the stock.
On Monday the entire street practi-
callN suspended business while tho SUI
premc Court Has in session as n de-
cision in the oil ami tobacco cases was
generally expected. Decision Of tic
illegal for 2 manufacturer to make a
contract with retailers compelling the
retailers to sell his goods at specified
price was q surprise TO the street. and
through competition among prcpa rcd
foods and patent medicines.
The Chicago election. resulting in
SielorN for the political party that
ms Of Peoples Gas s sa, nut hut on H9'i 4
very moderate scale. seventy cen;
Gas Company has yolun,arilS rc,l,,ccd
the price IN ST Louis from ST 10 50
cents for illumination.
directors representing the National
Chase National Tanks. wera elacted
to the board Of tic national EaifIl ar
Commerce. thus pcrtecting the ar.
r !. r, whcreby M INC chief banks
arc under one manaeanent ,p pin G,.I
TO this effect was made ca rly in 1907
and ali the technical ciianres MAN,
sary 70 carry II Oh, are now c completed.