Show I MARKET DID NOT V SUFFER INJURY Wall Street Had Discounted V f t JUST WHAT WAS EXPECT EXPECTED I It IJ J V t I SOMEWHAT UNCERTAIN V VI I I New Kew York March 1 hurt o ox In the thc Northern Se uri t tIcs es case caused V 3 feverish and hal halting ng stock market today The flu were constant and Irregular and the ther r tone of business wa much Increased ed over oyer the re recently prevailing daily aver average age ag The of the market how bow ovoid ci was not conclusive In V deciding the whether the of the court been dIscount dIscounted ed In the market markt t during the lon long period since It has been a subject t of discussion and l Influence upon market operation The fact that the decision reaffirms reaffirm n ft state of things which had already be been n established by the lower court ourt In the ease nse as well as th the wIth which it conforms to the expectation held beld for some time bY the financial community oven cven to th the proportions In w the thc court divided whatever preparations have been made for the d decision will not have to he be modified The action of oC th market seems seems to show how that there was no gr great nt speculative account open OR on the ie e cislon be beyond ond such small trading US ts has been done each week only to be closed up as soon as the session Vol of tile tIte court revealed u a further postponement nt In market traders of this lass class had set about covering theIr contracts on tracts before noon having come to toa toa a belief belier that another postponement was US to be made The announcement or of the actual decision caused a sharp break but prices subsequently subsequent rallied to Lo the highest or of the da day which was well abo above e Saturdays level The evidence or of support In Securities stock Itself on the c curb rb helped to rally th general market The sub subsequent fe feverish feverish fluctuations seemed largely due to the efforts or of traders to find the prevalent tendency or of the market The tendency became more distinctly down downward downward ward as the sweeping character or of the decIsion began to become clear from the constantly pUblished bulletins All sources of news were besieged with ex ex eagerness showing the great degree or of interest In the de not only In the financial but among law lawyers ers offices The tenor or of orthe the COmment was taken to me menn n that the large interests concerned were un unlikely Unlikely likely to take precipitate stock market action on the strength of hast hasty bulla buU tins by telegraph The quiet t and dullness into which the market fell late In the day daJ after aCter tile Ule bulletins tad had brought th the last of the opinions as the they were rend read tended to confirm an Impression thit the sa sar nt toilie to tire fo med b by the decIsion Iad ad boon been large before beCore its delie The dayoS dayh net changes In V prices svere ere wholly In size ize and th the market became practically Inactive at atthe atthe the last Other influences were Ig Among these were the United States Stet Steel l corporations annual re ic report port an improved tone of speculation In foreign markets and a rather more hopeful tone ton of railroad traffic officials over the outlook for nc new business Bonds were vere irregular Total sal sr roar rr value United States bonds were ere unchanged on call I |