Show S io GO LOW R ON WAll LL STREET I NEW YORK Jon 17 OpenIng Opening sales sale salesi aiesI I i of or stocks today carried prices to a fr fractionally fractionally frac frac- teI te- te I lower level ol with but few Ions The market was quite active and dealings were widely distributed Except for a n brief urlet Interval when Northera Northern North North- orth- orth ern era Pacific was vas marked ed up to 1276 the list declined steadily extensive c liquidation liquidation liquidation liquida liquida- tion In Amalgamated Copper and American Amen Ameri cart can Smelting Smelting- Inducing heavy sales ales elsewhere else else- wIH where re for both accounts The market failed Called to show any evidence evi l dence of or support ns as prices were cre progressively pro pro- g lower and a largo large portion of or ortho th tho list Hat lost lot between 1 and 2 points during dur dur- ing In- Inthe the tho Or first t hours hour's business Th Tho rally which sot In before midday was continued after a n slight check with witha a n. special demand for Union Pacific and Reading which recovered fully The Hill lUll stocks and Brooklyn Transit In Increased creased their gains slightly and American Ameri can Smelting also returned to yesterdays yesterday's yesterdays yesterday's yester yester- e ter- ter days day's closing figures Federal Mining preferred yielded 1 I and Pacific Coast 2 26 Strength developed e In the northwestern grangers and shorts short covered and rallied the whole market The tone was cas easy at noon Bonds Donds were hea heavy Ono One of or tho the Influences aiding In th the upward upward upward up up- ward movement of oC the market was ae an on unconfirmed report that J. J P. P Morgan 1 Co have havo obtained control of or the thc Equitable Equi table Life Lire Assurance society by purchase of or the majority of or the stock |