New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-12-05
FINANCIAL RECORD
here And ABROAD
pr;ces for Stocks and
BONDS Firm, While Ease
Of Money Continues.

liant demand yesterday con
inVss. chow itself in better prices
iinnsa !. GOOD purchasing OF stocks
i Oh D the Clearing House snC
hiv.;Sssl,rly setive buying OF shor
psl allegations. Monetary ease wa
'eiM cal loans being made as low
gfsssunr sr mt, while a number OF IN
s. .. lowered their renewal rates
standing loans. .ho eoo,
vs. about the same total as or
rssensSs In the afternoon the mar
Ih0lsu' ouieter and narrow, but with,
X. We easing of in prices. Marked
ssl - was shown by some OF the
si5sns .rscplstiye issues. Rock Island
nelSs advanced again and virginia de-
49, ss we're much higher. frac-
ii:el .iI gains were general at the close;
uoI. ..g issues that had not appeared
sn .s.;onslv since reopening were for the
Pr. mart in line with the rest OF the
n1 n,sl;,es through the Clearing House
Yrs.sS stocks were in good volume
'''' nr;ces showed little change.
tAe ..;ons on stocks, sent out again on
.;sLsr for the first time since the
y. ~. nj the exchange were closed IN
iSiv we're received in commission
s,s.ss by larger gatherings than for
,sms months past.
Sc at term notes continued in good
,.~,ns Immediate oversubscription
y sI ,Is si2.OOO,000 Az per cent equip
" ". ,rusts OF the Canadian Pacific
a ~ mere and in Philadelphia fur
.;.bsS proof Of buying power. Syndi-
80 onerations for payment Of New
~ citv's debts abroad will soon be
..5.d Yesterdays call on subscribing
:.ss;,rtious for payment of little less
~ III 900. 900 will complete their
s,-t 81 the transaction. Payment will
(, IN Clearing House checks, sufficient
sy,k,ngs having been accumulated to
NEE, lie obligations.
n, foreign exchange market was
s,si,f. In spite Of the sailing OF mail
steamer to-day. Francs IS well as
,,s,Iins were lower, and marks made
o,lv 4 small advance. Commercial
rsr,r q the best quality was so scarce
hsti, was placed at under Az per cent
FOR skort dates. Time accommodation
VA, more freely offered at AZ per cent
FOR sixty and ninety days.
On Sub-Treasury transactions the
bsrks lost nearly S2S 100000 during the
reel this extraordinary movement
being largely accounted for by retire
rent Of about SOS 900. 900 in emergency
notes Aldrich- Vreeland currency is
being retired here for the interior as
well IS for our own institutions. Dur
ing the week the net result of known
shipments to and from outside cities
was net gain by this centre Of nearly
100000. In November outstanding
circulation throughout the country was
materially reduced, principally through /
retirement Of emergency notes. In the
present dull condition of trade this 4
contraction should continue in greater /.
volume.
Weekly gross railroad earnings for
November made public show a falling .
Of from those Of 1913 a little greater .
than vas reported week ago. Bank .
tesrings made poorer comparison with /
las. year than for the week preceding,
though this was not true Of centres
outside Of New York. Reports of the .
Placing Of a large order for steel rails
and slight advance in the price Of pig
ron we're indications Of trade recovery.
Export Of wheat and -four for the week
ssdsd on Thursday was close to the
klgt record set in October.
Conferences between American fnan-
sisrs and representatives Of the Brit
$50 Treasury that had been carried on
aere we're resumed in London. Plans
'or reopening the two exchanges in
London and New York were said to be
-nder discussion, as we'll as emergency
arrangements for meeting international
lslsnees. Private cable dispatches told
u rumors that proposal of the London
'Aehsnge tor resuming business had
'een disapproved by the British gov
Fnnent through fear that indirectly
seurIties Of alien enemies might be
old to the London market.