The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-11-21
TRADING FELL =:
. 80
".0FF ABRUPTLY
.: =: -- go i.
Quotations Rose and Fell
Within Marrow Range and
: Became Weak. {:

New York, Nov; 2l.-TradinE: fell
off abruptly today. on the stock ex-
change. The afternoon session was
the dullest Of several weeks and the
below h recent average.
The market seemed to be waiting
~irresolutely fol. some new impulse to
determine its course. after its recoy.
cry of more than: half Of the losses
sustained during the long summer de.
cline. :.
Quotations rose and fell within a
narrow range until shortly before the
end OF the day. when the market be.
stocks. including United States: Steel,
Northern Pacific and. Great Northern
preferred lost a point or more.
General ~recessions Of American
stocks in London exercised. q depresa.
Ing effect. which was heightened by
heavy selling Of United States Steel in
the early trading, and a further break
in the Wabash stocks and bonds.
Bear operators concentrated their
attack OIL United States Steel. ostensi-
bly, because of the meeting Of the
Stanley committee for resumption of
the steel investigations. The whole list
weakened but losses were small, and
the bears were not permitted to have
The advantage for long. Stocks were
absorbed SO readily that the list held
steady after the first. break. /:
Pressure diminished and the market
began to. gather. strength. A few
stocks including Reading. some Of the
copper issues and a number of south
ern roads rose from one to, two points
bbove Saturdays close:.' These. gains
in the main were surrendered. when
the market. sold off late in the day. :,
The demand for Amalgamated COPS
per and Utah copper which made them
conspicuously strong during the morn
reports Of trade conditions. Some SELL
ers today quoted tho metal at thirteen
cents. -. 't T,
On the curb American Tobacco rose
fifteen points to 465, Its highest price
since the decree iof the United States
supreme court was rendered against
the company. -.
tlnued' today $1.30e.000 being engaged
for shipment to Canada and $4,000.
600 for South America. The total thus
far engaged for Canada. was brought
I Up. TO $1,000, 900 and for South Amerf-
ca $1,85o,00 In addition to these
amounts $4,000 900 was shipped ia
San Francisco today, making a total
loss Of gold OF about .$ll. 900 900 In
| the last few days. :
DS4ptSC tS SNsShit VI. SAgSo. ~ SC4nS1Sl
there was no tightening Of. money
rates. and bankers were Of the opinion
that, in view of the improvement in
financial and political affairs abroad
and the conditions at home. the mar.
ket might remain easy for some time
In reference to the shipment o. gold
to South Africa it vas pointed out that
regularly at this period of. the year
Argentina calls in gold from foreign
countries for payment Of her wheat
cattle and other exports, the move.
ment in this instance being financed
In New York because Of the low rates
for money here as compared with
those prevailing abroad and the pre-.
vailing rates Of exchange. :
Several large orders for equipment
were placed by the railroads and Il
was reported that some Of the equip.
ment companies were running theil
plants at nearer capacity ratio than al
any previous time this year.
Bonds were irregular. Total sales
par value $2,8S.000.
United States bonds unchanged or
call. -