Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-04-10
MOST ACTIVE HALF
DAY SINCE REOPENING
stocks Throughout List Made
Further Gains and Then Re-
acted on Profit Taking.

s ,,rvv YORK, April 1O.-This was the
-, saturday witnessed on the Stock
rxobsnee in many months, in fact there
-, not been as active two-hour session
= the exchange since long before the
m.r IN Europe started. Orders were on a
80 scale. The attendance on the ex-
800 and I'm brokers' offices was also
,nn Al all times there was intense ex-
N,,s,,,nt and this marked all dealings,
w., traders being around the various
nosts on the floor
pVTo1 pToysi sales for today were 1880
,bares; bonds, s2,SS40OO.
%rtdsv,s vigorous upward swing was
.,oro than maintained at the opening and
,hs market started off with rush when
,hs opening gong was sounded. orders
an hand were large and traders were kept
sn tho lump executing them. The demands
Sor stocks seemed to come from the out
slds particularly, Indicating that public
ir,srest has at last been awakened.
That there was a large short interest
rss also indicated, and to the tune of
,hsse two conditions prices rose sharply.
Nav high records for the year and since
ibe resumption of trading last December
we're shown throughout the list.
A favorable condition was the fact
2 ,rooted the chief interest, the specialties
sor the moment being forgotten, so to
sneak. No one seemed TO want bonds.
and that market was neglected in the
asrlv session The first sale was made
along about the middle of the first hour
and after that bonds also became active.
The advance was so rapid at times that
the ticker was utterly unable to keep up
with the sales. For considerable time
IT, NlA t,,gs gsR,,t,
fen or more minutes behind in recording
sales, so that while one list of prices was
being read on the tape another was
being made on the floor.
About the end of the first hour traders
and outsiders took profits and the market
reacted from the high of the day. some
prices even going below the final of yes
terday. The majority of the list, how.
ever, remained above the final of yester.
day. At the high prices stocks were one
point to two points and more above last
nights close
Commission houses bought heavily on
the decline and brisk rallies were re-
corded in many issues at the end of the
session. Closing of quotations were gem
orally n good-sized fraction to a point and
more higher. The copper stocks were
particularly strong, Anaconda showing
gain Of more than two points for the day,
higher. An outstanding feature was In
ternational Harvester of New Jersey,
which gained seven and a half points by
selling up to l0412. The rise was on a
few transactions, and it seemed to indi-
cate belief that the lawyers Of the COM
pany had made out a strong case in their
closing arguments yesterday in the Su-
preme Court.
United States Steel assumed the leader
ship and the rest of the market was
governed by its actions. First sales We're
recorded as 1900 shares from 57l5 to 57%,
and within few minutes the stock made
further gain to 5S, a full point above
the final of yesterday. Later the price
sagged below the final of yesterday and
the rest of the market followed suit. The
stock showed a loss of a full point on
the days trading.
As had been expected, the untitled ton
mage statement of the Steel Corporation
at the end of March showed a decrease
from the total reported on February, the
decrease being S9,622 TONS The actual
untitled orders were 4.255,749 tons.