The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-12-27
PRICES CONTINUE
EARLIER ADVANCE
Undertonc OF Quiet Strength in
Stocks Encouraging 10
Bulls.
FOREIGN MARKETS CLOSED
Nliyh Return OF Confidence There
Comes Cancellation OF
Selling Orders
n, nnoApAN WALL.

a., continued the advance begun earlier
in The week An undertone OF quiet
strength in stocks IS encouraging TO
bulls. and very aunoving TO shorts and
tho sold-out traders. WHO are already
hopin9 for reaction that viii enable
thenl "a purchase stocks
TRADING in Reading uOropoli2od .
ncr cent OF the days dealings. From
tho opening At SO a.. the stock rose
points. where liquidatiug sales wiped
aut all the gain. several blocks Of this
stock have ocen Quietl,' picked UP dur
ing the past few weeks bE speculative
investors
so.called Official denials that any sep
-ration is contemplated caused hasty
undolns Of speculative trades ny floor
oDerRtors.
~ all the active shares. Reading
alone is selling at higher prices than
ruled one year ago. Unfortunately for
tine rest OF the stock market. this stock
IS rarely 4 aood market leader, and tho
act!vity has checked optimism on other
issues The present move. however,
may provo the exception
steel common was firm. II is the
present fashion TO believe that corpO-
iatlons Will seek solutions for Their
problems rather than dissolution ana
IT is suggested in quarters familiar TO
tho trade that the United states Stee!
Corporation may agree to tho scpara-
lion of its TRANSPORTATION companies and
tcorcani2c under a new charts, Pre-
fcrablv. with Federal corcroL
Copper stocks We're firm Amalea-
mated crossed - and Utah 30 No I'M
prorement is noted in the metal mar
Not but ut the present time trade prices
are not stock market factors
Indication Of Rapid Change
Less than two weeks ago it seemed
impossible to get a fair bid for many
lion OF the rapid change that occurs
sentiment without immediately af-
tectnS prices, brokers ind it difficult
to-day to get offerings of these same
stocks st Paul preferred, n prime i'm
Nesiment, rose over > points on tho
purchase OF few hundred shares
Advances Of nom to /. points were
numerous Wien brokers attempted to
ill buying orders
"n ,he benefit expected TO accrue to
TINS company under the new currency
law whereby farmers may borrow
money at their bank, instead of hay
inE their obligations carried by the
manufacturers OF agricultural imple-
ncnts
marlborough metropolitan preferred
t"id at g. III view Of "a recent court
decision against an Individual that has
harlassed this corporation for months
pdsi' IT IS expected that directors viii
lorthwith pat the preferred stock ON
" Per cent dividend basis without
further fear OF iujunctious OF "s,riker
suits
win the approach Of an Official am
h"Nncement regarding proposal asscss-
mcnts. Wabash shares are rapidly dis
appearing from quotabic deures. 'rl,,.
common dropped to = l-2. ana mo nrc
t'I'eN 10 Missouri Paciiit, Nv1S als,
hcaVy
hehish Valley SOLD "exo the semi.
Hnnun! dividend eft per cent. In IN
'nre dividends Will be paid quarterly.
~ ~ per cent Investment the stock
US considered an excellent in~estment
al ruling h=Arcs. There was an adj
N"he" OF ] l.-f'pGi cent in spite of the
poor showing made hy November earn
Rcport, hy Railroads.
'ihcr November railroad statements
confirmed the reports OF diminished
'rdiilc and Increased operating cx-
rrhS"S Atkinson reported IL decrease
81 SLo44,ooo m gross and $3.50 600 in
n"t Chicago and Northwestern mad n
loss OF $24I, 600 In gross and d.crcns,.
iu net of sieS 900
Bonds were active and in many eases
strong traction issues showing The
larger gain New York Railway adj =
lusimcnt IS We're heavily d.lt il,
around 80 and 50 IL Speculative H.
tcrest In THIS Issue has been Increased
ou uio rumor mat the fun . rrl cont
interest viii be paid
london and many Of the Continental
'narhets We're closed Paris however
was open aud governments thcre rosc
sharply
Wi,h return OF coDndcnee la nrc.s
;hcrc once Nist of All "a carceliHtlon
ns settling orders This stage has been
cached IN the stock iaailsct Tho nc~i