The sun., 1913-10-15
FINANCIAL NEWS
And COMMENT
Moderate Rally IN Stocks After
Generally Lower
Prices.
SOUTHERN PACIFIC WEAK
New Haven Bond Issue Ap-
proved by Massachusetts
Authorities.
PACIFIC WEAK

H. I'm the stock
ma rho, Yesterday very much Al the same
r,.co and urder the same conditions ~
/, m. .usn,udc,I hcsorc tho week end
rcc..s ~ an, filing rews and views
a., as.. "a ,,,,-,,, .,n..
A.. - y. ,,.,u s..a., ,,.,r,..io,
""a' 'ne 'ccess o, wa" ro'' ".p.''
AN" "n''c Nm'r'ci" snares va" '''
shown great weakness abroad INC ''st
promptly proceeded to continue tho de-
cline which was iu progress Oh Satur.
da,. Tho frs, hour VA. an active period.
,,,....., ., ..n., ...,,,., ,,.s ,h,r,,
.,...s , It. so'.,,,, ..,,, aso,.,o.,
aua'ity or pressure resulting NJ new 10"
prices All around.
Canadian Pacific. which has come in
the past year to no OF more influence
locally. bec.uso ~ ;,s .i~p,,,c.,cc for tho
forcisu s,,u,,,on a.c,,n.,i :, n, nm.
..,,,,,,. .',.,... v.,.. ,..,a
'..,"e '"S."'''' 'o"N'e'" '"e''c "''
'o'''''""s ''''o' u "'a"''esS' .>"'e ''''
Can. which had held stubborn,y for a
fortnight against the sepc,aj downward
,endcnc,., hro,,c s,,rniy ,.nd.r,,.,,, 70
.ts,,,.s ,, -. H.. i-,.., ...
ss ,,. 80 '" NV" "'"s H'7e'
ana keading and somewhat less so in
'hIoh racine ana AmaIgamated Copper.
bearish operations W'rc suspected. but
wv Net l1utI1 tlC appearance OF
persistent iiouidatiou. a,tbourh ,bere n.er..
so,,c s,ors -, h,,;,,, ror -. ,,,,, 81.
marc r..i,,,,,,, ,.,. ,.,
SUI. N"'''"' O. :"
., e's" pu..""S'S ""S
~ ~. W. an" II was sa'u 'hat soms STEADY
.. p"" VI sochS was TAXING place.
:" &S,.r on .oa .ew ,orh actVun''
.f,ernoor ,h" ~. -, a.. u".' a'c =" 'ne
-, " ."t "'aIhe, was Hu',e nu'i ana
49,, -, w Wv" no' re'oN'r' III the iast
~ ,r.i.,, "",u" ',i y" some revival
~ 90. 80, "u ~ VI aoout point
v.n.r,,i, 80, ~" ..'ees weie rather
~ G,,,,.u 49,. o''Sihs tone
hvt oro, - n,'n! sess'ohs'
nv. Of net a. c,,n. 80 ~ aNer
80, wv "'N''''e. VIVA some material
,in.n, .,,.r ,. 'SeueS, S"-
trire /. q. ,.;,o,,, ~. ~'s perhaps a
tbers VIZ, n,.ss,, wa" aH week ana
,bouvh, ,hs, ,,s H w. "ea'',,Ss VINO
stoclss vn. nroh.h,,. 's' p"*!tioh OF
aeRressive r.ho,n., ~. ~ some
vas mn, ,n,,.,.r', - IL
vas based IN .n,.,,;,, ,mA' ms
severity and per.is,amn. s ,nV'e ."ah inc
from the mid September ,ra u."ne ne
recovery. '''""''"uh' OF
Pressure or so,,,ho-, p.,o.
on. OF tho corsnic,,o,'. a.."c mas ocen
mar;., This n,nn,h 's.o'es Oh inc
ject,red TN. ;;o,,,l.,,., -. 'eh Vor-
on for tho .,c,.n,,r, as a., pt so'ns
Rnilroad uhici, ~ .nv IehnssNahia
anticinn,irv i,r., 10 c.enanueu way OF
pennsvivani. 10. .,r...,.' po'!' me
/, /. dive..in. i,..,, 20 aoun.cu a 'nat
mp,n1 .nd r,,n,nr est IN coa'
n.eotia flows io,Lin~ -. e" WY"
co,rmi,r,.r,. j., w. s"Ie VI "S
n-,v.s rh.,. a. eht"r-
Sou,hor, pao;." =. .os. WIZ tnihk 'hat
,hs ,,ro''o.. 80 nn,s 10y su"erihR from
nor,,, ,,,,..,, w. T,..'n 'hs Sss.ooo'ooo
mn, ,craral Co., r,,,',,'. ., "a. ~. so sucCess-
49,, " p0"'Ie Suuscrip'ion' ihere
nac,o, ',,.,'.., ."e Sou'ncrn
- 80 p"'' VI 'he Teac'ion
"a wy e~r"' asahce OF Union
"o."' ao'a"ee oh exaggerated expecta-
'''.s'
,"e s"'ie ''''e '"e news or the iasf
lew aass mas unrne adversely upon
.',' ~, .ac1'e 'se' mere II nrst
.., u's."' ueu.e Oh a"airs IN MEXICO
Mnere ."e "ou'nerh ia'iilc mas heavy
| interests Ihen there is the preparation
"' "ash'nstoh 10 sue the southern Pacific
10 comPei 10 part with the Central
ac"c' i'o'h these Developments have
nave mao "ioer Application. The
Mexican SITUATION mas been an additional
'rrilant 70 thc disturhed body Of finance.
domestic and International The contem-
plated southern Pacific litigation Was
foreshadowed months ago. hut tho Rtten-
Hon a'tracted 10 u now comedies with the
adrei' 'em'nt which radical politics In
washington has been receiving
Forelsn advices were not especially
disouieiinG although much was said about
| the probable tightening Of money AS the
| result of the growing congestion OF now
security issues in the investment ma rke t.