The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-26
PROVES BENEFIT
OF ADVERTISING
Investors Reminded OF Low
Prices by Publicity Given to
Mondays Business.
MARKET OPENING IS sNAPPY
Almost Cheerful Air Pc,vatlcs
Floor. and 10000 Shares
Change Hands.
MARKET OPENING is SNAPPY
By BgoApAN WALL.


NeW York. November .5.-'ro-dny's stock
,narket proved me value OF adyer,isius. In
market We're reminded Of The low priccs ~
the publicity EiNcn to tho smallest day
qreutv spell the elimination or an advance.
u was argued thai IN" minimum Of trading
with low prices risht mark turn for the
better. Tho correctness OF this deduction
= yet 20 be pioSer.
London. b,sl pn the for,nish,.y scttle.
HuG buying orG'r' tor some lOoeo shUres Of
lnior Pacific SOUTHERN Pacific. steel ami
TN. opening WIS snappS with MANY sub
sa,aasr shorts kast,He4 to redacc ,hoir com
.nlt.nenia An hllnoSi cheerful air pcrvtd"i
Neier" u cltch--iieallN twice C.e amount
O. Mondays total
quarterly dividends, which comes off D.-
known :" lie large. There was II, evidence
,"-day that the hears had made any attempt
stocks Close strong.
stocks closed strong around tho host OF
IN the leading issues. Tho cheerfulncss tina;
developed brought rec"vcries in n number
points. /, So expected that dividend meet
ing Will be held early III december. whom
,he back tdividende on the preferred VIII
Some Gooo emrloy e,s Of IN. General Eiec-
'rict Company struck. but General Electric
;hc list,
i1rlNrr Lon
don, and local prices were Sc. trmer. Cop
per shares were strong
Nuch interest is manifested in the efforts
al The railroads to establish thoir right to
I" per ygni iaercasc IN i4tef
Ncery weeks. perhaps months. b.ior" any
decision Will he arrived ~.
1t Is not believed in ,;ie financial distr rio,
iha, the chances for MODIFICATION of tho
currency nil have been enhanced ny tho
hostile attitude Of senator owen toward
Ngw York "nd IL nnanei.l Institutions.
The local money market promises inter.
FsiinE developments during tho bulafcc Of
the week Cal rates rose 20 ana { per
cent rat" IL predicted tor Friday
Engagemcnts "Egreg"ting $3.50 600 OF gold
f9r Canada were announced making totai
of ss.S'9ooo sent acroaS thr border Within .
sent window dressns Nv ,hc Canadi.,n
On n sgbt,reasury qpsrqtions bank hnvc Lost
show, Chin in Cash.
The Imp pc ,l hani' .; Germany showed a
Ho'd; The Bank Of Enelaand 'eeeiN,ed lnrg-
gold offered in tn i.oion na .n to .tnri'
Atchis"n made poor showing. October
cross earnings Gocreas!ug $4,000 and net
Owing TO tho large nevenea, Of wheat tn.
gross earnings for ia" mira Wool; OF No
Vember.
S ca Was PaeiaS gained siao'o ana Cana
shorts In steel common ana Union pocin,
may he relied upon I" E"er these issues
strong until III" quarterly dvdcuds come
on ARRANGEMENTS Tor The Deccnbcr Ill.
nurSellcntS VIII occupy the attention ~
no Indications ;hus far rf any renewal ~
public speculation.
New York November :. The long-a,vait-
- turn Ia the stock niarhet cninc To-day.
temporarily 1T least, The speculative lead
lock was broken. Quotations advanced doll
Mie!y and TOP prices showed gains OK
considerably more active than Yesterday ,no
total or transactions was not large Acttvitv
MAS con:ucc to IN" forenoon. after which
Inc lnurhct YalapscG. 40 asrrcSsivc cfto~ts
passed without s,gnincaut news devcI"n.
lieh's; anu ne ii,e I'm prices apparently
N"s dHc to tie so.d-out condition Of tie
market
Tl.c Improvement was preceded 10y brisk
advances IN the I.undun market, V h!ch do
''imlhep the tone her" ~ the opeuiug Lon
AeTe, ana som" 'nn"l4a.. .pHcihc was taken
1--WE buying i.s WAS 'tn1EHrttken i'm tnis mar
hoi was based on tho assumption that q rise
Nas indicated by the extent al th.. snort IN
itreFts. and the STABILITY nj tho market air
4eich'N IN inc face ui d!scour1 cling news
Sp"rniIi l"n was facilitated hy the aVaila-
NnitE OF 'neap none; Tor stock market
purposes hGt before the emf 90 the day M,
't-t mono! market reflected heavy with
HFaWais los rising 20 per cent. For canada
T:HslnE Up ~" trtal ON the movement Ia
$ 3jjo'o. Loss 10 ih. banks on Stbtrcas,Irv
.pti'll3ns TINS week was placed at - cr
Bonds wore nrmer Total sales bar value
-4.~t. United States bonds We're nncl,aur.
sn on call Total sales oi stock .pp.i.0
New Work Noyomner 2? Money on cnl
t'"aN ~ .H5i. per cent, mullins; rate ~.
'iosihs, "HNg. Time loans. iir.u"r sixty and
-ihf'N NaFs .'' 'iN months. 50, I5. Primo
;iticHniilt Iiapcr. 81. go. sterling exchange
I Hsat .R 1 - O..