The sun., 1913-10-30
FINANCIAL NEWS
And COMMENT
Small Change in stock Market
Prices. with Trading
Light.
MONEY POSITION .ABROA D
London May Keep Gold Engaged
for New YOrk-Rail-
road Prospects.

street community yesterday the stock
market seemed to ID, "A thing mart from
u,V devclnu,ncuts or considerations
r..,,,, ,,.,.a , =, ,,,.,,,,
- ~ .,,s.. ,,''- ,,'.. ,,,,. 80. -,
N'''''.' az '"'H navy ''e'' '"'s WIN o''"'
i"t'd WIN week aH" "ncn prices were
Hised 10 the present level OF recovery.
\rhe market was hrm and soft alter
uhtclv displasiny a little increa sed
hravin,,. 4, tho lac, bour I'M, hardening
- a.. ,,s. ,,',,,, .a,,',,,,,,.,,. -,
49,,
lIac''>hai net Sai''s sno"'"s '"r NV uaE
The trading was no less professional than
IL had betn tor tottnlsht ana the Iis'
as a whole displayed no indications OF a
tendency.
The next pronounced departure IN
prices. however. will doubtless be re-
.arded as significant OF the controlling
Influences over values. There Is "A sub
stantial body of financial opinion which
holds tenaciously to the view that there
f., no factor OF equal consequence with
;he procpect for currency legislation. and
il is probably true that this factor tends
:, oss.r, itself on the constructive. side Of
,b securities market against the adverse
forces of more definite and familiar
nature
/ nn,,or y,,, an ,arly seller of stocks
,or., ar, ,hc y.nmd,r n,rk., was heavy
~. IA NO l'pptipppf.,l markets. weak,
rh., an ,,r,,,,I u.,tn.ss .t Hcrlin. making
-, a.. ,h,,a J,, -, dc,lir. since III, I'm
"" ...,,,..,,,. .,,,,.., to dis
~ ,,,.a,as,;,c I, -end.r,,
'"u'i' '"'- w. 49, na,t,, ,c,inn al,
,,' l''',' s., ~ ,,,, ,t', tho, 10 nm.
''e lI'o'' ',"'. & a., ,,'e o,,,,,at .,,u..
'ouh'''c" 'l' ",.,,,' wa. % ,rn ,,.,d !,
,'"' ~ ''' ~, ,,.,,o,har ,r ,o, ,bs
Wouiu w. mar" l" '.' ,,', ,'a,',,a,,,,cs
was ndlca''u IVY IN, '"'''e,' I ,,ar
Yesterday. p'N'"u''. !" ,a
ou"'en "' OF "n",' ~ ',"N
there Was "" h'''' "'H'''i' "",'' -,
abroad OF an advance III Inv """N '"'e ~
, y per c"nt , j..
Late advices reporte" 'i'at " ,""us. @ ~ ~.
the rate was altogether uiilhe'E' "u' ~
| was not manifest from 'h' u"H
! currences that the o'n''aI 'on'r"li.'s w
the w"tIu ','t'"' 'n.' i'',,,o,, ~.
| proved the bank rate re"u'.'"n u.
/ Berlin as an a"N"r''Sei''e"' w ,.,
money conhitohS' o' ''S'r". ~
! cuuaiimity the goid eheae''ne"' n.'u.
| in London on Tuesday Tor Ne" '"rN
! account According I" i'"'''''
spatches there We're inoicat'"hs '''"' ''''
newly engaged gold would hot como "e' ,
at once, although there was no t"c''
corroboration or th's sueeesVo'''
/ haps the dcrision "l the court VI Wv
/ Bank uf England as I" 'l' "'S'"u''' 'h'
| mlEm Nc tllt''tl w hH'" - ''"
gold would not leave England or. =
did. would go to the continent
| Two Years ag" New N"rh 'hSa-"',, ,
1 gold ahr"a" '"r Uhp"r'a''"" wv WV
I not bring II IN he'ause 'ne e"s's'"e",
/ was made IN IN" season VI '"'" ''
! 10y the Moroccan ""',u';
stances now n'eN' ""Ne ',,' n','s ~,
! for us not I" lh'T'"s,. s"'"
: Eurores expense. "''ious" M
would apptar "',,N "H '.r,..i'i. !, sa,. NJ ,he
! "''"" W. | ,r, ,,1 ,,.r,tinp
exchange bought 'or we XVI" Wv ',,"', '.r,
! l"lrl! Nes'e'""I w !''"N ,,,
! NhNp'H' "''''"''" ~ ~ ,,',,,,,. =,
tN!""' ""t '"' ~" 80, ;.a -, ,,r
/ f.>""" u'.n'r wv ~ Ill ,oa,'s
money ine rt"eN', ~ ,'. ,,.as
VIZ p'' ~ .,th ,h. ,c.om,nod,
me h'E" iS"'' VIM" Wv
''",, ',n,", ,''.. ,,,. .,,.r,,,oni,y of cal,
| w., ,,,, - ,on,nr,rv raus..
h'.',F -, i ,,nr,,rrin. urn n,
| n"''' ~, ,,,,'.,,o,,,nr, NJ ord,
Wv '''.',' tI ,',,,,im, L,, tho workiru.
! '.' ,,,. i,,.,,.,,n .,x 7, ,s ,epor.et
~ 49,, s..r,, ,,,rs u,, American stock,
49, w." ',''', '..,,,,,, haa,, sbff,ad from InnJnr
~ rau s,reet Meanwhile Canada ha,
,,. ir o,,ir with demands for gold
e, ann ooo Leinc taken Yesterday. bring
i,,r w.. vow ,,nv,uent IN "a 81 500. 600
nnr,,,l.ss Nm, effect Of the income ta;
u,, ,,,,.,r,., Iii. i'm th., further appreciatio
- ,,,u,icluul bond prices. notably for N.I
y,rl ri,v obligations however. III" in
vos,,n,n, demand remains cncoulaging a
il ,yiuc.d by the succession of sma
,mounts 81 now financing. II was re-
nnr,ed during the daN that the New Yor
I,.or,r,l was offering $4,000 900 of on
v,ar notes on n 81, p.r cent. basis. an
,h,t other railroad security notations q
si,nilorly modes, pro,mrtions were undo
r.on,ia,iou
There was nothing in the Mexican st,
I,,ion which the financial markets coul
s.izc upou as conc,usive lnformatio
,hnr, III, status Of currency legis,atio