The evening world., 1913-06-10
Northern Pacific Shows Net
Decline of SO Points at
Markets Close.
GREAT NORTHERN 7 OFF
Eager Bargain Hunters Back
in Wall Street in Large
Numbers.

Days Of paaiss. days Of wild fiurriss
and bad breaks. none q them haA any.
thing on To-Day IA Wan ssfsst II vas
. day Of psrplsxity for Old tradsn. .
day. whsa thoss strange fscss. which are
only seen IN the Street when there 10
"somsthins DOING" wsrs once moro On
every corner awd IA swsry brokers Of
flee. . day OF rumors and alarms, and
q day replste with sensations.
Northern Pacific, hit hardest under
the United States Supreme Courts rol-
Ing on the Minnesota rate case. vs. the
hardest hit N the dAy's tradlnG. Once
Il was nearly points on yests dAy's
close. and The close to-day sho, I'd .
net decline Oe sx points under yester-.
days mark. Great Northern once was
on points under yesterdays close and
finished ths day with . decline az 4
p-,nts. while st. Paul was s. points
under it, MARI Ct yesterday afternoon.
Other railroad securities showed .
decline. especially The sranscontinsntal
lines. around Two points.
The bargain hunters" were back in
Wall street again to-day. the hrst time
they've bssa there In any numbers since
1907. They had realised the impending
battle and were ON hand with safe"
money ready to gobbls W Investments
sure to follow In the wake Of 0thers
being forced TO the vail - result Of
the rate decision. .
Ths Minnesota cass was almost con-
A> -
dny's trading. anA bat for hurried SUP
port TO various railroad securities On
ne part Of the bankinG interests the
Srskk probaely would have been much
worss. Kuhn. Loeb 4 Co.. william
Rockefeller and the First National
Bank were reported heavy buyers. end
they diA much 70 rally the market ct
critical points.
Aside from the drive In railroad -
euritiss the bssf attack on steel com
moa furnished the days blggsst sem
sation. Il Was real aaht one Of me
kind the OLD timess rsvel In. and when
the bulls succssdsd in making . stand
and turned the lighting the cheers
which greeted the rally could have
been heard ave bleckA
Steel common - Ne speculative lead
Or vas the natural point OF attack tor
the bears. ana u Was reported they
would seek to force It 20 - aftsr Il had
opened - 81 - and had gone to 62.
NE monthly untitled tonnaSs report
sowing Q eoo0 ton decline was used
% . oasls. ard . steady hammsring
began.
The market broke TO 6oAk. but as this
juncsuSs brokers rspssoenting the Nor.
sans sot busy. Moro than Any thou
| sand shares changed hands In blocks
Of a. much ~ fifteen hundred. and thu
scene shout the Steel post was IN sx-
citing onA with the rsaAlnsss 70 boy
apparsaG The bears finally were turned
from shsir pvypsss and the day saved.
otsol eioseA at siik. Iva IN peants NJ
Ger ysstsrAay's eaooA
A viA pspeS: eyom washinStea thA&
President Wilson an1 Atternsy.Qs General
NsRsynslds lad hceksa and the latter
would rstiss from the caolnst was one II
the sources a The suddsaay dsvs,opsd
6uh strsasth. The AttoTasy. 0easrars
published irtsrvisWs o. ths Tobacco and
Union Pacific peoblsms we're given ~
the oauss OF disaersssasnt With the Chief.
Bonds rave way along with the
speculative Issues during the days
trading. u. q Steel 10 going cit TIVE
points and others nearly ~ mScA.
New Yers c.tys nsveA LIE solo 81
% -.