The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-09-13
The MARKETS
CHEERFUL MOOD
ON WALL STREET

w WILL UtulII
Market Developed It's Custom
ary Irregularity-No Signs
Of Substantial Support
New York, Sept. achievements Of
prices on the stock exchange today
indicated that. for the time being at
least Wall street was in q more
cheerful mood. The market develop
ed its customary irregularity, and
there were no signs that any sub
stantial support had been rendered.
But trading began with q higher level
OF prices and during most Of the ses-
sion the list ranged somewhat above
the previous close. At the end Of the
day small fractional gains were gen.
eral. with q few stocks Q full point
higher.
Only two Of the active stocks were
forced to new low levels Of the year.
Pennsylvania receded to 119 1-S and
Missouri Pacific to IS 1-S. The mark
ct soon reversed its position and
mounted to we'll above the final range
Of yesterday.
The market became dull on the adj
vance. the demand being limitedly
largely to the trading element. In
spite OF the long extended downward
movement, there has been no appar.
ent increase In the amount Of public
participation In the market
One Of the most important factors
IN determining the markets tone was
the demand from abroad. Europe
was . source Of strength. the for
eign liquidation Of recent days being
replaced by purchases Of about &c.
900 shares. Only . small part Of this
amount was for London account,
Paris and Berlin taking the larger
part The prevailing uncertainty
over European political complications
is reflected in the foreign exchange
market in q decline in the sterling
rate at Paris and some firmness in
the sterling rate at Berlin.
Outside the market leaders there
was much irregularity. International
Harvester yielded about 2 points on
q r~eiteration of the report Of ap-
preaching proceedings by the federal
government against the company.
Pacific Mail was one Of the strongest
Of the specialties with an advance Of
two points.
American Tobacco issues were ex-
ceptionally strong. Heavy buying Of
these issues was supposed to be in
connection with the expected early
completion of the plan Of reorganiza-
ton. The advance in the 4s and 6
per cent bonds which later reacted
was the feature OF the bond market.
sales par value. $2,435,000.
u. 8. bonds were unchanged on call.
Money Market.
London. Sept. 13.-The supply of
money. was shorter today owing to
the withdrawal of French funds from
the local market. Traders in stock
exchange were busy with the settle
ment in which the carry over rates
for American shares we're quoted at
8 1-2 per cent. A fair amount Of
business was done for the new ac-
count and the tone was good, especi-
ally In kafirs and copper shares.
Home rails were exceptions to the
general trend and declined on realiz-
ipe.
American securities opened steady
and during the forenoon advanced un-
der the lead of Canadian Pacific.
During the rest Of the session trad
Ing was limited and fluctuations were
moderate. The closing was steady.
Available Supplies.
New York, Sept. 13.-Special cable
and telegraphic communications re-
ceived by Bradstreet's show the fol-
lowing changes In available supplies
as compared with previous account:
Available supplies-Wheat, United
States. East Rockies increased l.
$4,000 bushels; Canada decreased
1873 900 bushels: total United States
and Canada increased 1856, 900 bush
els; afloat for and In Europe decreas-
ed 100000 bushels: total American
and European supply increased l.
298, 000.
Corn, United States and Canada. de-
creased $4,000 bushels.
Oats, United States and Canada, in
SACocCu 1,O13,VUV. Inc IN.
creases and decreases reported this
week follow:
Observation-Disclosures, 295, 900 bush
els; Fort Worth, $4,000 bushels.
Decreases - Louisville, 1875, 900
bushels; Goderich, 10000 bushels.
Cattle Market.
Chicago, Sept. 13.-Close: Cattle,
receipts. 5000; market, steady;
beeves. $6.00@8.10; Texas steers, a.
40@6.40; western steers, $4.00@7.00;
stockers and feeders, 80:
cows and heifers. $2.25@6.30; calves,
Sc. a
Hogs-Receipts, $4,000; market,
steady; light. $s.9o@7.5o; mixed
$6.s5@7.6o; heavy. 36.65@7.4o: rough,
$685. @6.90 good to choice heavy
$6.so@7.40; pigs. $4.60@7.1o; bulk,
$6.85@7.25.
sheep-Receipts. $4,000; market
steady to strong; native 3d. q so;