The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-02-11
DECLINE COMES
IN CLOSING HOUR
Up to That Time Stock Market
Had Remained Almost
Motionlcss.
MONDAY EXCHANGE HOLIDAY
Throughout Week There Is
Slight Drift Toward
Higher Level.
lSpecial 10 inc Times. Dispa ,cih /

- ''i W ne Times DiSDI ten
Stw ork, rchruary 10, reason
apic prediction before the opening of
'"S'HcsS as TO the course OF affairs In
ne STOCK market to-day would have
ptch mat tbs market would decline
n'Hrr SHARPLY owing To She fact that
INC majority OF traders and proics.
e'ohal spectators probably would be
'h'rc or iess avcrsc TO carrying stocks
nufinS the two days suspension OF
""H!hcsS mat was to .nsuc from noon
tp-hh% until Tuesday morning The
s'"ck market however. Ieinained prac
'F"hy fnolionlcss untii inc last half
"''''' when the expected decline put In
~ appearance. In the recession United
suites steel common stock was cs-
htthily heavy, and the decline In I,
WIS accompanied with ru.nors that
iNlcsS OF iron and steel PRODUCTS were.
ii"t bcinS maintained. The usual spccu-
'H'iNH explanation of the Weakness thar
trEci"btd In tho market was also
forthcoming In the shap. III fears" a.
!" tht necessity OF rn Intervention by
or government In the nifaIs OF MeNi-
ABOUT the only announcement at
"'i during business hours was tho pub
iichtion q! -" idle freight car state
IHcnt. showing Il decrcusc IL, the num-
~! pi surplus and unused freight cars
'uSt INC time OF th- las, statement
OF oyer 1900 This large falling III
would be OF much Significance If it
ny OBVIOUSLY que 10 the cole fact
'hat the very cold weather Of the last
NO weeks has prevented the return OF
ittlght ears within Tho ordinary time
~ thc railway companies o. ming them
sun 'ofcr mas really been opera
ave even since the .irst Ut tho year
u. weekly bank statement Indicated.
'i' looked Tor. reduction IN the bank
surplus owing 10 tnr weeks movement
81 gold out OF tho country
Alter Official hours wcr. over the
"i''" states steel Corporations state
oi nhiiss' orders On hand on
huaI% q! was given ont II report
-. "raSfs as amounting 10 5,'3".-
,. '",'" "s eo'nha req Win 5,osi'di
o. ''l' "hh OF ptcemhcr: ihat Is
- nh 'AcFeas" OF nearly 655op0
~ i''Sf'"7c vas very mucn
~ n NnH ''H.honiF looked Tor.
'""S oe'hG 'he h'-hrst popular
Ivhna ..,
,,L. - :" to'"aE thc STOCK
''tli''" nlfhost INC entire
80, "a % pretty hearlE per-
49,, IT,, .'uiHo'!"ht YET therc
I,I ~ Va ~ IN ~ 'o"@Ed high-
"a 20 o,i -, 40 "icc'-
h,rhcr,rn sY". =, .uehec OF Il
,bo ,n,'.,,,.,, .n ,",ues, aho Eet
.urb ,n.bIa 49, poSssSseo
,,,s,I,. ,a ,f, va. !, co'iu hot
,r,s ma ma 49, rot,G., -, ~
puhl,c cona5nrcn r. az, pr
or vnlpas M :"
wa. noth,nc Jnc'siy.I,. =. l,I,, III.
The fuvorab,, resul, q, 10 -,
ororr "a ans, rono, -, an
,ir.tlon ny ronrrnas ,.,s "s,.
disro,,r,.d - .'"elE
outraged by ,ba bn,,o, rharan,
the report. IN very many inst.,ros -
fatIroa,l earnings RIisir.s
tiola did no, cbnnrc iii hoi, 80.
ac,.Ilzed bv a continuance ~ ~.
sam. hand to mouth buyInr INA, ~,
- long prevailed 4 littIe wnot"n
ing In prices 81 iron and steel nrn-
tucts is reported .monc ,boso go
pcnd.n, nanvfacturnrs I.bo w.
y,r procured as rrca, a o,sn,;t
business cove-inr tbe NOV, ,hroa ~
four months as have thn ,arrn,
Establishments Isnt lt,rit.a 4,
this sot,.,Inr in. tn,n - -
in,,u.rtI,, ,a,,nr f., Lusi, ""' az
rhr cold w.alh., Of ~ 80. 49,,
"a. bcc,, gan.-,I w"
,yirr., s,naop sipc. 49, -
,.nr 10 ,.cs.,,i,1 :, ,u.a 49,, .ne
in,es ,.onis 7, M do,,r, ~ "u
~ onn-,tio, ~ atIu., ,t .'aue
tIo;,,i, - ,,iS 'es more
ir,n,sia, h,,.Io ss'' Ie''on
,,,ny ,rave n, ~ ~ 49, IN
t,di,,o,a, ia. cn,,S yi, 10
n.,.I,sa ''t a. s"'u N'nter Is sooa
:, n.r,1,,, ~ "ct""Se
,,s,, $50. w , ~ an
,aI,,. u's'F'pu-
~ ,on,hi, ,a,
1870 49,, 49,, ~, VI SopPer
t i.,,: e"cour-
~! t'6" "uS
- "'t! icah stores
" istihE sup
PI'cs 'he smallest
'".''' :: "a ,N""tntr iaNor-
az" No> w INC ADVANCE IN
Io.t"'i' 80 ia" nceh caused
i'iMiF''s "S !uiI'.'Ses oi tnc staple
- t"t "mo nave re-
9"lNc" ho' ~ "e 'o"ipelen 10 again
Pay IN thc mem future : or 10 cents
!" POM" ior cottoi; Much better news
ONES as" rom .nc oot'oi, mahnfac-
'"rlns rsi,t -, mn'te me demand Tor