The Richmond Virginian. (Richmond, Va.) 1910-1920, 1913-11-30
CHANGES N PRICES
ARE INSIGNIFICANT
LITTLE Is ACCOMPLISHED AGAIN
IN THE STOCK
MARKET
RENEWAL. OF SELLING
TENDS TO EMPHASIZE CURRENT
REPORTS OF A PROGRESSIVE
FALLING OFF IN
BUSINESS.
RENEWAL OF SELLING

NEW YORK, Nov. 2s.---AEain today
very little was accomplished in the
stock market net changes In prices in
sha leading shares being insignificant
There was, however. a renewal OF
selling Of few specialtes In the IN
dustrini ,t.t, which perhaps tended to
emphasize current reports from all
quarters Of e progressive falling on IN
business The Goodrich stocks be-
longing 70 the class known as new
industrials," were prominent me
American Can shares were also under
notable pressure. explanation Of this
latter development being furnished by
the announcement after the close OF
business that the depar tment of justice
had brought suit against the company
under the antitrust law
The expectations of an unfavoraele
hank return In view of the heavy out
flow OF gold to Montreal. and the
Pacific coast coinciding with the hrsf
Of the month settlements locally. the
iess in cash corresponded closely with
the preliminary estimates amounting
to about So, 900. 900,
Secretary McAdoo's statement Is
ss;ed overnight, was the most inter
esting domestic news feature OF Wall
Street which has been characterized
by a remarkable and portentous degree
OF stock market dullness, The
financial community placed no other
construction on the treasury announce
nent, only the latest In a series of
similar announcements which began
several months ago than that the
prefer OF pecuniary aid for the revival
of business activities was an intfma~
tio., Of uneaslness at Washington about
the political consequences OF the De"
cline which In under way In values In
all fields and the shrinkage of husi-
ness activity.
The stock exchange has put itself
further on record as favoring pro-
Eressiva ideas. and prepared for a
more seundIy based future by the
prornulgation Of regulations looking to
the more complete publicity about the
accounts and affairs OF securities ad-
rnisted to the exchange list The wall
street money market frightened with
rather disconcerting abruptness as the
sturn OF the month approached, call
money rising TO 10 per cent on Friday,
the highest rate since the last week OF
last year.
strain SIN Existn-
While IL was assumed that tension
was only temporary the more stringent
conditions Of the money market de-
noted the underlying strain which stitl
exists. The direct contributing cause
OF these Developments was the sur :
prising proportions or the gold export
movement TO Canada Dominion TAX
ings since a week ago aggregating al
most 81 4. eaesaGo
Labor troubles continue to display
symptoms Of increase, another token
Of the general business situation. stu
1t should be kept in mind that all thi'
evidences that the American economic
body is in process Of restoration to q
fundamental state of health.
European advfoes during the week
had no particular feature. Financial
activities abroad are all more or less
in allegiance waiting for the beginning
of the campaign OF new security pro-
motions. which II is expected will be-
gin with the French government loans
The Mexican imhroglio did not enter
into the financial reckoning 30 far as
outward indications went.