The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-20
ATTEMP 7 TO LIST
STOCK IN EUROPE
Shares Of Chesapeake and Ohio
Will Be Taken to
Berlin.
.----------------.---
OUTCOME IS UNCERTAIN
Market Completes Its Recovery
to Level Of Before
Election.
OUTCOME is UNCERTAIN
[speeIal to The Tlmes. pispatch.l

lSDSClhl 10 nc
New York, November 19.-Stock
leadership of Steel, Union Pacific and
Reading, steel came within an eighth
OF the high record established just be-
were also at practically high levels
Several specialties displayed strength.
one notable issue being international
Steam Pump. More talk was heard
of orders coming for steel. but definite
reports were lacking. Some of the
directors of United States steel want
prices cut. but the majority is OPP
posed. Lehigh valley made an
0tsr s sharp band aavsnes In waa
prisingly good. In the average state
ment< surplus increased more than
s10,0o0,0O0, and the increase. In the
actual statement was above $1,000
900.
Stocks completed this week their
recovery to the level of Just before
election. The ease with which the
election decline has been made up
extent that 1T is letting stocks alone.
If it a matter OF rejoicing, however,
among professionals who believe that
Fundamental conditions have been ma
terially improved by the election and
by other developments.
Efforts are being made to list some
American shares in Europe. chesa-
peake and Ohio Is TO be taken to
Berlin and Union Pacific and st. Paul
ton about the actual listing Of these
shares, but there is no doubt that
attempts to list them are under way.
The new policy OF the United States
government, as explained in this col
umn early in October, has had the
effect of making foreigners regard
American investments as very safe.
The plan OF prosecuting officials OF
nj yarnYttttps fi0ng than
selves TO reorganize quietly without
being taken TO court when found vio-
lating the law IS wise solution of
the trust problem
battleship in the world may become
a bear argument on stocks in few
months. but nobody in Wall Street be-
lieves yet that Japan really intends
states. Still the japanese situation
viii bear watching along with the
Democratic Congress.
In the street.
Number OF shares sold to-day, l99.-
2s3: a year ago. 6sS,ss2. Par value
OF bonds sold to-day, s1.293.600; a
year ago. sl,573,0co.
An Increase in the number of idle
freight cars of .. $50 Is reported by
the American Railway Associations
committee on relations between rail-
roads for the two weeks ended No
vember 8. On that date there was
total surplus OF. cars amounting to
1881
Boston copper interests said to-day
that the action of the market fol-
lowing the election chilled the trad
ing. and business is less active.
On the Curb.
Chino was leader again on the curb
to-day. hut had Inspiration as a part
ner Tradi- in other stocks was
quiet New York bords of the Ameri-
can Shelters Securities Company sold
at i02 IL.
New York. November 1s.--Money on
call nominal. Time loans steady: six
W days, 4 l-2G4 ga, and ninety days
ard six months. 1-2@i t3-4. Prime
mercantile paper, 1895 per cent.
Sterling exchange steady. with actual
business in bankers bills at s4.s2m
siS2l5 for sixty-day bills. and at 1886
for demand Commercial bills. s4.Si@
s4;Sl II. Bar silver 90 l. Mexican