The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-03-11
New York
Stock Market

New York March 1o.-Stccks held
close 10 the prevailing level Of the last
few days through to-day's session.
Although few issues made particu-
1erly good Roadway, changes in most
cases We're almost negligible. 1t was
another dull DAY, with little news eX-
cept the monthly report OF United
states steel Corporation untitled ton
mage. The amount Of trading yester-
day was, the smallest OF the year W
10 that day, but he total OF sales to-
Gay established another low record.
The extreme dizziness which pre-
vailed is illustrated ~ the fact that
in some moderately active stocks such
Rio Grande common Louisville and
Nashville and Western Union. there
vas not sale during the session.
There was again noticeable absence
of large selling orders condition
which has been so general OF late as
10 indicate tina, there is almost no
pressure TO iiquidate. Operators on
both sides were equally. cautious and
even the purely speculative element
was not inclined TO enter into extern
silva commitments
PACING were the strongest in the list.
Canadian Pacific was strong all day.
rising 70 q new high record, although
its advance vas less than those OF
silied stocks, Minneapolis, St Paul and
SaUlt ste Marie, Wisconsin Central and
Duluth south shore and Atlantic. all
ms the day Holders Of Missouri Pa
prices aSsount o tndicstions that sat
fee5sGl f 1ns proneffy nay not ha ~
lieved and the stock was advanced
sharply. although subsequently it lost
lgrge Part Of lts gam Better IN,
resulted in some improvement in Mex.
lean Railway shares
The United states Steel Corporations
February. amounting TO 100000 tons,
q gain Of nearly 100000 tons. was ac-
cepted favorabily as showing g con
ot late although the increase was rot
Up TO the most sanSuine expectations.
The .otai OF unified orders was the
largest SINCE last August aud while
the Eatn was smaller than that re
ported ct the end of the preceding
month, i in reality represented , larE-
81 volume OF business in February on
account Of the enlarged operations at
the mills and the consequent heavier
shipments.
Traders bought Steel shares freely
marked increase than was shown. ana
Steel common sold off on the pnbllca
ton q The tignres The drep N steel
WAS IN PROGRESS through the rest of
- Knowg money movements q the
Z /.
banks, the first in several months
The loss to interior and to the Sub
treasury Is estimated at more than
S4000,ooo The change IN the direc-
zion Of cash movements IS a season
able one, being due DOUBTLESS IN large
part to CROP requirements Bank ex-
changes still show marked loss from
: year ago: the weeks decrease run
ming slightly over 10 per cent
Dealings in Southern Railway gen
sral mortgags Is and Wabash exten-
sion Is We're the only noteworthy fea-
lures or the bond division. the trad
ing IN these two Issues CONSTITUTING
more than IS per cent. Of the days
Total sales par value s2,1lo.ooo
United States bonds unchanged on call
Total sales for the day were l6a. 900
shares Of stocks
New York. March lo.-Money on call
81; closing bid, as; offered at
IL Time loans very easy; sixty
DAYS, l-212 ga per cent ninety
DAYS. IA; six months, 8 IA Prime
mercantile paper. 4G4 I-2 per cent
Sterling exchange easy with actual
business IN bankers bills al S4S3S5@
s4.Stlo for sixty-day I bills. and at
S4S6l5 for demand Commercial bills
St.S3 3-3G St.SS S-4. Bar silver 20 9A