The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-10-10
The MARKETS
C0ALERS WERE
ONLY ACT|VES
" -:
The Market Has Been Allow.
ed to Fall Into a Dismal
Rut

New YORK., Oct. 1e.-Heaviness Of
the coalers and strength Of the south.
ern roads gave today's stock mar
ket Its only movements of;importance.
The u1wihtngness of operators on.
either side to take an aggressive posi-.
been allowed to fall into q rut, pend
ing developments which will give q
more decided cast to speculative sen-
ttment. All the excited selling which
Kept the market in a hysterical state
most of last month has now definitely
subsided. security owners have shown
no inclination to increase t.:eir ho.d-
ings or take back stocks sold. on the
decline.
The market opened today on q
somewhat higher level. but the Inn
rrovement was Of short duration. The
coalers were forced down to we'll be-
low Saturdays close and the remain
der Of the list sagged with them.
Reading was heaviest of the coal
ers. at one time showing a loss Of
more than two points. The selling Of
those stocks was associated with the
converting today of the supreme court.
which is soon to pass upon the gov
ernment's case against Reading in the
anthracite suit. This is the first case
81 mis- precise nature to come before
the supreme court since it's promul.
cation Of the rule Of reason" In
depreciation of the Sherman law.
The decline IN Allis Chalmers se-
curittes which began last week was
continued today. The five per cent
bonds sold down to IS, q loss Of nearly
Two points and the preferred stock de-
clfned Ia although both issues sub
sequently made q partial recovery.
A larger increase in copper stocks
than had been expected was shown
in the September statement of the cop
per producers. The increase was due
chiefly to the heavy shrinkage in for
eign consumption on account Of dis,
turbed financial and political condi-
transatlantic transportation through
strikes.
Further reductions in the price If
various steel products were reported.
United tSates Steel was sold on these
changes and on a report subsequently
denied officially that the department
OF Justice was to bring a suit for q
The stock yielded for a time but later,
recovered fully.
Bonds were irregular. Leading is
sues showed early heaviness but. the
general zone improved later. Total
sales par value $2,570,00O. United
states threes advanced one-eighth on
call.
Money Market.
London. Oct. 10.-Money was in
good supply and discount rates were
weak today.
The bank Of England. 1t Is expected,
will get the bulk of the $4,000. 600
south African gold offered in the
open. market. -
The stock market was dull and ir,
regular awaiting continental political
developments and traders rave their
attention to making preparations for
the settlement in the mining sections.
Home rails were depressed by reports
q labor unrest and consols dropped
American securities opened quiet
and a fraction lower. Later q part
OF h list advanced on covering but
the Improvement was more than lost
IN the afternoon under Wall street Of
ferings. The closing wal dull and
easy. 49,.
Chicago. Oct. 10.-Close-cattls-
Receipts $4,000: market for GOOD
grades 10c higher: others slow and
steady; beeves. 34.e5@s.3o; Texas
steers. $4:l006 western cteefs. $40
@6:Go; stockers and feeders. $3.50
calves. 3s@9.5O.
ket &c to loc up; light, s.150e.s2 ia:
mixed. se.2o06.so: heavy, je.o6G
SIS; rough. 3s.0s@e.25: good to
choice heavy. 36.25Q6.s6: pigs, $50
b.9o: bulk OF sales. $6.40@6.76.
ket weak at early decline. natives.
32.50@4.26: western. Sa@4.25; yeari.
ings. 1886 OATS; lambs. native, S4.26
@6.36; western. $4.5O@6.40.
Visible Supply.
New York. Oct. 10.-The visible