The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-12-20
CLOSING STRONG
At SHARP, ADVANCE
trading Indicates Hasty Retire
mcnt OF Extended Short
Interest
NO WATERING IN STEADY TONE
Brokers DO More Business Than
they Had Experienced
in Weeks
~ BRoADAN WALL,

Ir'E. D'CSinbot !r--'''NN-'S
,,sts to-day at sharp advances Oh 70 volume
al. ,r4.lug tNat udicatct hs'iy fe'''e'"e"'
u sNteudel thor, ir'eree'
.lU.,s .-oa Washington that mem e's
f.t.. -ts-,osaI toward increase
-.rtrrr irtiCht rates was the mum sum
Maa ,he imY.oveWeni ~,
e!~ ~.:c rahle4 {" l.ohion loi
tssa ID, Union TactGc and united
~iSl 0nr market opened frin and
.l.,!a st,aty tone without once waN-
V.,i pronc ia rio afternoon q insH
ms arasr "sn' rrig@s ,.r nP S %iiGfss.
,sov nod Experienced Ia Weeks
r. .rr,'-, vas not confined 70 stocks alone.
i....,fL teye!oped : stronger tone, with many
.i,- .iIi.e Roef .ionl 81 and Reading
,-,4i., +. showed ;uias ~ from / 80 points.
r. aistiliers Is Jumped from q 20 ea
r.nash-f'!ttsbu-gh r'rmirai = were IL IS
r-!ou with :. point crcl!u- on tho PRO
-ed assessment under IL" new Feo'' anita
prem boston Houses Heavy buyers.
boston hoERes ere heavy buyers Q: tn'
...ns Sas Sttr.boted to short covering Steel
g.mpc4 w nearly points, with a scramble
On he par, Of Inc room traders 10 &c, In
en-, a. TIC Net. American Telephone con,in-
ued its advance, CrossiuS ils. Stop-!oss or
deis from a short-taiied hear helped 'hs
selling Of canadian P.c,,h: tor tSroisn
'ocount ceased to-dsy' anu the e'GSn g.
n r~,s developed. carrying all issues UP q
uo!nt off more with a renewal q he ruinor
iNEr NNUguiNf racine NNAt" "'.ist''' 'N''t'''
lnas,Ec socks became y,rong Tor n. rs:
titrc in weeks This 3 OF Hself significant
und mas unrN the turn ot tho innr@e' Il.
press stocks displayed strength Anc me
copper shares gaiued poiHt or more al
uen, In ;hr metal trade.
mic success az the Lehigh valley bond
i,3rl3. ri Union pncIa, vas termed excel
r-lt This IS hardly slrpTisins Ia view OF
.ts splendid showing made In the annual re-
7.
.eapes' nyestmeu; Issues IN The mark;
e.u-4 Hrd the feeling O: unrest conti"u-s
u London ard on ~ Continent ArSitrage
n.,a aain In essh estimated q, ,9.ol7e'5.
IS expected ,Aat Tomorrow bank state
lert ~l. be- highly fs,orah-
rut.u.!rslol houses arc suggesting :Ge pC--
nnsc q; ..ccks ga ihc eNpeotetion th@t INC
-treary TN w!il he oE' %; 'he way BEFORE
ac rafis,iras holidays, ana & favorable de-
.-.ar az she ir tease IN f.-'gh, rates !.
-Eileut.y .co..d :ur once - tn" shorts
- .H9ra-ra.y :risl:eaed eaa spoint
a.lae m-Kai easily or-ut tefor" INC bulls
ra. make ~ ihe'- minds = pa- n-.l- 10
Sew YorE Deeemb>r ,s-Erea, opening .
to-aass stock mark: exhibited de-
s;rea Fth- The sustained sevsnc- IN
.tra ~ e.i classes Impressed uoth bulls
s1-e ar- 'hete wet increased buying
tot1 etco-r;s. So :or weeks had tAe
4artet f!v-r Sucn st-ifius cyiGeUc. Of In
8 rsr- trerf-- E. " .ry Representatives share.
.Er movement vas brought ztcE. =: Neri-
- .uf4@a,-S INCREASING hrmn".s during
~ las; t-r DAYS su1 evidence tNa- DIS
r-lilE i.a -l-at!or had been corup.ete1 gave
r- l-r> t-ore .cLaLcu.e- Or-r>u.t conditions
cas I'@rlla;is~ STOCKS enabled bulls 20
nrr-gt arsf e-s;v- Operations fUcces-;ully.
.H shorts ve"e forced 80 cover. i3-ok--e
sorted ar Ia-ress- ir investment buyiug
.nsite-aH." Importance was bta,h-2 70 the
'erl.as =ntctiu-u- 81: The banking and car
-r-r tl.l- IAer- arr many different op.n-
Zoe rrH0- br, The trading e,"fnent took
1e view teo' r4s-Ase % the III. would be
.rf.-t;'y 81 HEllsG Influence.
an nr0fieiai repor' tom Washington that
-I- Irirf-tat- Criutuerrc Commission was
isp.s.r "a terar. lAyorahiy III" petition OF
u ie.rea II -,rcuetheu raiir"ad s,osk.
-u.ress ot Use LehiEh valley bond Offering
ts ANOTHER ihNleuc- in that direction.
Afo'tcr favorable bank statement was
i.Htei. i'rrea~ts. based on known move
Hrh'- ui r4rrei-cs SuSEeste4 . gain OF 1,tJ).-
rrl or more iu Casl holdings
Hpul. share0 ia me strength % The mar
sees for stocks Wars 81, i'i,.shurVh uer,!n-
oates 'iuigp"d p.ru:s",c ~ United states
~ htrarfc4 =. on call
New Nori Decornner i9-Money on call
arm ~ sass. ruling rate "a. closing q, q
'r Time loans weaker sixty days 5r5is.
ninety days and ak months &. Prime ner-
rHriiir phpeT. ~ ~. Sterling oXchuug.
steady nt ii.sl Cor rsty days nnd NJ :iS526
inr u-mnnc CoUucrcial bii!s. s. Soi3 mar
siiv"r ~ Mexican dollars. a4S. Cioy-rnrler
''Na@ frm. raiiroar bonds firm.