Ogden Daily Standard | 1914-04-08 | Page 7 | The World's Market News

THE WORLD'S i MARKET NEWS 1 WAUL STREET. New York, N. Y., April S. The wide, break in Canadian Pacific which carried It below 200 for the first time In several years, was the chief development devel-opment of the morning session, although al-though it affeoted the r$st of the market to only a slight degree. Later there was a recovery when the coalers began to show the stlmula ting effects of Lackawanna's victory in the antitrust suit. Reading and Lehigh were run up labout a point on this movement. Trading was on a considerably larger scale, the forenoon fore-noon total boing nearly four times yesterday's amount in the correspond ing period. Bonds were steady. The market closed heavy. Lackawanna Steel's large shrinkage In earnings for the last quarter, the expected decrease in United .States Steel tonnage figures apd dismal comment com-ment by steel trade journals intensl fied the general heaviness. Union Pacific, New Haven and Amalgamated Most a point and the coalers relinquished relinquish-ed their gains.