Ogden Evening Standard | 1910-10-29 | Page 1 | Money Scarcity Depressed Stocks

MONEY SCARCITY DEPRESSED STOCKS New York, Oct. 29. A reactionary tendency In stocks this wee-k was due to the constriction of money supplies in all money markets, which emphasized empha-sized th disposition to speculative re. allfing on earlier purchases. Opera- ' lions to cntest the reaction between j orrsnled party Inter-spoculatlon o n- j tend In I'nlted States Steel. The j omirterly report of net earnings. I o!jplel with the rromlfo of early re- J sumption of railroad buying of materials, ma-terials, was cited as security for tho j stability of the dlvblend. The Cnlon j Paclric annual report and the Ccm- I solidatej Gas dividend Increase were f"itlfv Ing factors. The fall In Brltlfh consols to 7S .14. th lowest price In over seventy years, was the outgrowth of money market renditions.