The Bridgeport evening farmer., 1914-12-08
NEW YORK EXPERT
 REVIEWS ST ION IN FINANCIAL WORLD

Barron FinanciaI News Service.) New York, Dee s-Trading on the New York Stock Exchange will be re- sumed Saturday in stocks on 8 re- stricted basis Minimum prices be- low which no transac tions may take place will be issued on Friday. Through this action Of the governing commit Eidleness which started on July 30. The action which decided on the reopeninG of the floor of the exchange to re-. stricted trade came late yesterday af- ternoon at a meeting of the governing Ec0mmittee of the exchange where the following resolutions were adopted: Resolved, That TAa eConn1nittee of Five is hereby empowered to permit dealings on the floor of the stock ex- Echange in such stocks as it may desig- nate under restrictions prescribed by it.
 Resolved. That the Committee of Five are hereby authorized to enforce, stock loan contracts whenever in its Judgment 1t may deem best so to do and that the resolution of July 31, 1914, be modified in this respect
 The Special Committee of Five which has been the governing factor fin con- educting the exchange since the clos ing in July has decided that rule IS shall be rescinded insofar as it ap- piles to stocks admitted to dealings
  time by the committee. This rescisfon takes effect at the close of business Friday, December H.
 The committee further ruled that be- ginning on Saturday, December 12 dealings in certain specified stocks listS ed on the exchange will be permitted on the floor of the exchange between the hours of 10 and daily; except Saturday, when dealings shall cease at noon.
 The committees rulings follow:
 Dealings in such stocks as shall be specified by and be under the super vision and regulation of the commit tee shall be for cash-or regular way only and not below the minimum prices authorized by the committee from time to tinae-transactions at prices be- low those allowed by the committee or in evasion of it's rules are prohibit ed
 Al list of stocks to be admitted to dealings on the Exchange accompanies those rulings-minimum prices on some will be announced on December
 All stocks admitted to dealings as above which were being cleared through the stock Exchange Clearing House at the close of business on July 30, 1914. will be similarly cleared from the opening of business on the 12th day of December, 1914
 All stocks admitted to dealings; which were being dealt in ex-clearing house at the close of business on July 30, will be similarly dealt in from open ing of business on December 12
 Stocks admitted to dealings on the Exchange will cease to be dealt in through Stock Exchange committee or, Clearing House-stocks not so admit ted will continue to be dealt in through the committee on Clearing House until further notice
 All rules of the Exchange governing delivery and default on contracts GOV cred by these rules shall be in force on and. after the g12th day of December but closing of contracts-under the ruIe-shaH be subetct to the foregoing 
 The loan market for stocks will re- open at 10 a. m. on December 12 for such stocks only as are admitted to dealings on. the s1xchange from and after which date all rules of the Ex- change governing the borrowing and loaning of such stocks shall be in force but the closing of contracts-under tho rules-shaH be subject to the foregoing 
 The above rule shall apply to stocks borrowed and loaned prior to and since | July 3o
 Borro .7ed and loaned stocks will be l cleared as before July 30 last but only l in cases where such stocks are ad- l nitted to dealings on the Exchange.
 Loans of stocks not admitted to deal | ngs on the Exchange will continue to | stand until further notice unless oth- | srvise agreed to by both parties to the 1 contract