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Show fOREIGN DEVELOPMENTS DOMINATE STOCK MARKET Trend Downward Early in the Session; Bethlehem Steel Touches 335, a New High Record. By BROADAN WALL. By International News Service. NE5V YORK, Sept. 10. The trend of the stock piarket today was determined by the German and Austrian developments develop-ments anil the expectation that President Wilson would write a sharp note to Berlin. Ber-lin. While most Issues closed with net losses for the session, brokers said t hat there was a pood demand on all recessions. reces-sions. Initial prices were fractionally lower, due to the recall of Emhasndor Dumbs and the attitude of Germany In the pinking pink-ing of the Arabic. Prices reached finally Thursday's closing level and In many cases showed net Rains. Bethlehem Steel continued In demand and touched the new hlffh price of 335, hut ren-'ted 15 points, closing at a net loss of & points. In the afternoon a reaction oerurred. due to rumors that the Germans had torpedoed tor-pedoed another steamship, but this was not taken seriously, although stocks were supplied up to the close, final prices being be-ing around the lowest. Steel Tonnage Report. 1 Owing to the rate at which shipments ! are being made, the United States Steel ! corporation's unfilled tonnage at the end of ugust was 20,085 tons smaller than a month ago. The decrease was about as expected and the publication railed tu have any depressing effect. Missouri. Kansas & Texas shares were fairly active, owing to the announcement of the prospective affiliation of .T. & W. SiU man & Co. and the I lartgefen company com-pany with the road and a scaling down of the securities. The preferred stock h rok e H points to the new low re cord of 13, notwithstanding the fad that the reorganise! are making efforts to rehabilitate re-habilitate the property without an assessment. as-sessment. Express Stocks Advancing. Express slocks for the last few days have been advancing, owing to increased earnings resulting from the advance in rates recently allowed the companies and the Increased revenue being received for charges under the Cummings limited and unlimited liability law. American Woolen shares were fairly active ac-tive and higher, the. common advancing B points to 45. the highest figure touched since January. lDd6. when It sold at 48. Buvlng was stimulated by reports that the company has large war orders, the latest of which is said to be for 500,000 yards of woolen cloth to be used for overcoats over-coats for the Italian cavalry. |