The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-03-25
EDITORS VIEWS,
What the New York Evening Papers
d Have to Say Of Yesterdays Trading
Especial to The Times. Dis patch.

Special to The Times. Dispatch2
~: NEW gYO DIRK, March 24.-The Mall and
Express says: Again to-day, the interna-
tonal security markets were under
cloud so to speak, In consequence OF
fresh define IN British consqls .sis tim time
sian war This decline was not due to
any impairment Of the English national
credit through political causes. but be-
when consols will bear only 2ia per cent.
interest and because of the. prospective
emission OF large loans yielding more
5.I The decline In values, which extended
from to lS points In a number OF the
active railways. and from TO Az In some
of the inactive shares and the special.
ties, was accelerated by pressure from
various sources.
y a 4 prominent market leader was given
credit for operations on the bear. side Of
the account and the decline In prices
brought considerable following
The commsre.al;, Advertiser says; TO- Q:
that sentiment In professional circles Is
.pessimstic, and that an organized body
operating for decline can make some
put forth TO check them. There was very
little real liquidation In any quarter. The
small aggregate. OF the dealings showed
h aa mere he mapket Been MAJ to se that
is, had genuine selling and genuine buying
been left free to work out an equation,
the chances are That prices would nave
stood sull. AS It was Manipulation by
q professional traders was able to produce
a general decline with Mt times mn APP
pearance of positive weakness. The un-
a Rettled condition OF tho foreign markets
where British consols again made q new
low record, had somethlnE 70 do with the
|. depression hero. London sold rather heav.
lily on our Stock: Exchanga during the
small loss To the sub-Treasury brought
tho total for the week thus far up TO ap.
}proxlmately 500. 900, and call money was
ngain rather stiff. These circumstances.
z together with the reports Of Impending
ts5lahor troubles IN various directions. all
had some bearing upon the market. II
Is doubtful. however, whether out,cde
part In the days decline. The main thing
Vas that with little competition from
either outside spectators or buyers OF
heavier, calibre the professional contin.
Tine being to bring pressure to bear sue.
fessfuly against prices.
'rhe Evening Sun says: The extreme de
sine in to-day's stock market attained
III Quite material proportions, At the same
iIme the dealings continued u small yol 20,
4 i,me. and while. as was 70 be expected
The continued weakness In the marke
resulted In some selling by commission
houses, the trading was mostly for pro
fcHsonal account,
1t was almost impossible to select from
= tho deay's dealings any movements e
which any special significance could h
attached, Manhattan Railway was rnthe
B ronspicuously weak. and IN ms lnslanc'
I the eternal labor question was offered y
SKI explanation Of It's course, lnasmuch a.
HE stock Is guaranteed per cent; divi
dends by another solvent corporation, J
not a't1ge'snr fasy s cam
4 pany need be particularly concerned Will
n regard 10 labor questions or any other
apart from the integrity OF their guaranty