The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-01-21

~ -H'l. 'h"FiHc. pin..'. -.
which IL better rate than can be OBJ
tained here ON equally good security.
In all probability there has not been
a case OF New York banker refusing
70 renew one Of the German loans
GUS TO renew them, regrettnS only
that the renewal rate is not as high
az VIE the interest rate on the ort-
S'hai roam. ON the original loans,
th"hhS ihrErly 70 an unexpected turn
IN Tue iofeiEt exchange market some
~" l"rk phhErsrs made as much as 5
per cent. The nrohis from renewals
N"!not "nuer any circumstances be as
49, put VII! certainty %" better than
va" p'on' op''''iapie from tending
'''''e! az hoHe.
II Is not alone Ne" York bankers,
VINO are Offering money abroad: bank
ers III the interior arc sraSping the
opportunity with quite ua much
in Chicago. ST Louis and New Orleans
as well as in New York. 1t IL not 50
long ago that New York was the sole
repository Tor the idle money OF in
terror banks, but recently, many Of
by their money is placed abroad on &C
casions such as this. Some New York
houses nave facilitated these arrange
ihehts. TWO New York houses to-day,
Tor instance. offered TO take subEcr!p
tons Tor the new German loan at
4Vi.ip' winch is tho asking price every
where without charging commission.
Nehding ana the Hill companies par
ticuiariE Interested spectators to-day,
hnN SPeSuiators' OF course, revived old
iuihofh ABOUT special heading dis
trtouHoh ana ABOUT purchase OF the
ilhes. No one. as usual, could nnd u
thhStp1e ioohnahoh Tor any o. these
fumotS. raj reason Tor interest In
theni' however Is the circumstance
,hat i'"a"lhs nus a case before the
oh''su suites SuPrihc CouFt ancctinS
us Pos't''n IN thc ahtht"oste SITUATION
an" ti'' tht ''itt companies are con-
cerhe" over 'Hc outcome % inc Mihne-
so'a '"'c chsr' Mhich Is also peiorc the
'hi'ed states SuPrme Court.
Hi' Shoi's "chieu report 'na' ne
proposed 10 resign from the presidency
Oh inc ShicaSo anu Sitoh ahc clover
real anu ueEole an Oh MS l'rhc 20 local
'rac'iohs'
pa. s">N' ieiu Eothi'ahy han
'nis 10 say III .htiF "sehiE review OF
'ie =" aoo'S nc uePenuciiCe
ot reta''eEs y" Wt'oissaiS STOCKS inns
season WIS eHiPhas'zcn curing the
week oS INC receipl Oh sh'eii out eN-
GeeulhEls numerous mai ORDERS
lraVehhs re!or's mo 'hat there Is
cohsidera"'e interest IN white soou.
an increasing number Oh merchants.
teelinE that 'here VIII De Immediately
shie Tor this inc OF therchahuise, are
ordering forward shipments previous
~ schenuiea.
me STOCK EAShahge mas lsted w
''oo''oo new American TOBACCO pre-
ierrru anu mas authoriZeu 'hc istihE
OF foV'u'',lpo auuitiohai on NOTICE or
the issuance OF me who're OF any part
Oh H. IN thc near luturo also specu-
iators ANXIOUS TO trace IN TOBACCO Sc
cnrities VIII nave others on the list,
LOT appiiealloh mas peeii made 10 list
S4'eoo,o"" new preferred STOCK OF the
American Snnit company S4.ooe. QUO
pretcffedu anu St.eVV'ooV common oil inc
Recommendation COMPANY ana Sf'ooo'-
ooo preferred ana Sl'ooo,ooo common OF
the GEORGE w. hclhc Company.
some one asked Judge GARY why lie
had resigned lSom the directorate OF
american steel touhdtles, and he re-
p'led: nave not disposed OF any OF
my STOCK anu am Il hoiaer Oh large
amount. l nave confidence III me COM
pahF ana It's management. unaor
stand It's business is increasing and
,'s prospects very 5000; IL was not
because OF any DISSATISFACTION put
relrca from me board
$ very "rii understood what
judge Eary pure persohaf reasons
are. Sr'lle'sm mas been directed
against MN hoth ny me otahley com
h''''ec anu ny othcr partles on the
GROUND Una. as chairman oil the steel
corporation poara ne was more IN