Salt Lake Tribune | 1914-06-24 | Page 11 | Decision on Rates Steadies Market

:r; DECISION ON RATES STEADIES MARKET ' The Lo?an & Bryan private wire stock ! i as a cor.se-'Jenre of the decision In lk !r.i?mo"r.:z:n rate case some hesitancy -T. i wt exhibit e-3 by yesterday's b.:yrs, 2r.d a a result of scattered reai;::r:?. prices irere haie-3 rr.ateriaiiy In most of the a:t;ve issues. However, the se'.lir.c was t TiTt spirit e-1 and sentiment on the who'.e Et-eare-i to have b?c'i bettered by the r. p:::orr.e of the Souther Pacific ;ard suit. It is new deftr.:: y sett'ei that the In-yft In-yft rrate commerce commission is cioaked :T.h s-ff.cient r-ower to amply rezulate '--" '-"irr.ers eo it is not improbable that Tr? Matter reih hereof er yieid to ih com -f'rs5i:-'s cictat? v.hthout er.tertr.e into "I E-i acaierr. :c d:?-jsior. relative to the i, 1 7:5rcrs cf the commission whenever that ill :-zy !s'is or-'iers not entirely in keep-ir.? keep-ir.? with the preconceive-i ideas of rail-It rail-It ; Etaraeers. In other v.-ord?. It is jl :';: likely that the corporations will J rake the best f the situation in the if'ture asd co-or-ate with the commis-5::ri commis-5::ri in sum manner as wil! tend to .'trlrixize rather than magnify tve irr.r-T--'tsr;;e cf such r.ihr.z? as the com jr.:;5;on may do. ne-:e?sar' in order to P. 'ir-.s.-ie the me'bc-;s a nd pra cti ces of the V .rsr.?r--nation ::n-s s;:--;rfi with the new f cier of thinzs. Further e-:eaements of f'i for export were announced today. Ijif r:i were described as special transaction? i'i as having been provided for some t.-e aro. The decision in the eastern -r'- cases and the adjournment of con-JTr con-JTr r';?- together with the antitrust Iesis-i-ihori. are h- chief topics of discussion . .5: present, but the same are seemingly ' 'tz r.s srad'ia llv overshadowed by the j rit ae-rici:! ura! prosrit-"t5 ar.d the f" st accumulation of cred its at reser'.-e ''er.tera. We continue to take a 3:opeful kill of thires and see no occasion to en -M (.rriz opera t!or. on the sclline side, r' .?r--- Psine. Webher i Co.. Bo-ton. i-o bullish enthusiasm crafd 1-v the j'-:th.ern Pacific decision disappeared to-r' to-r' in fae of other tv.-o decision.- in the II "e lir.e -ase and the intermo'inta'.n rate Str-'-ks were fr'y supp-'' this romir-.r sr.i lnwari the close the tone -j-...-' istin-tly wak. Con.-inerah'ie seii- B-itro & S'.inenor in local market ;rs 'n '-"'e. bu ihp stor-k v.'as well i V 'he floor traders. Coppers were .r.q.-onda declared reeuls r d I vidnd . -.'n Sr'r-'ijid h--;n th prie of the stock. '' .'.7jrn t0 rr2"a?hr curh letter. Oiis ;: tor.i&n --oiiK and 'owr. hut after -. K:;r& 'Br by PTairie. pressure relaxed ,'i'c' Berlin-1- at t"f-e close w-re not as . ''V- 59 ?cti. -arj expected after yes'er-it yes'er-it --v? c-.-isinn in the pine line case. The :-"r ir.d"?trials w-re steadv. Ifadrs he-Ma-;T.-,-:;i at 14;. Willvs" Ovor'and at ' Z P:'-:i?r beine the v.-nk-t at to h"e rhal: hishpr. Nipissine l!!ng' . "? to 51, ar.i K-r Lake around r,l. -P :::r