The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-29
THAW IN PRICES
WELL UNDER WAY
Reading Monopolizes p Per
Cent OF Trading and Closes
Unchanged.
LIST SHOWS MANY DECLINES
Jnfavorable Construction on
Outcome OF Conference Over
Mexican Situation.
LIST SHOWS MANY DECLINES
lnY RRoAnAN ,yAILl

January = II
nsh, with the bankers fat In the hre. II
nnanciers are 70 he debarrcd by the Inter
state Commerce Commission from mnahC ,.!ii;
think twice before Offering aid 10 Rocis
leland or Missouri Pacific, Thus argued
ROCK island common fell to 1875. n loes OF
two points and the prefeIreu stock scored a
To-days stock market showed all TOO
clearly that the January thaw In prices Is
we'll under WAY. Reading moiopoli2eu %
uer sent OF the trading and closed
changed. although at one time the price
i:nor;s we're Innde 10 distract attention
from the selling around the room by tho
upbddinE OF Pittsbursh Coal, the common
croesng q ana tho preferred 80. Corn Prod
uc,s was active with a smart gain In the
preferred
selling D.essars how.ysT prSaemnat ~,
GaV Union Pacinc touched l62, a fata!
figure; and then promptly sola 10 on, ..,
part Ito o. the session ~ -
London houses offered the stock Gown at
ss snns sn@ to- G. s eoss sho@ed
net loss OF y Earnings for IN: present Gss e5n
which is not encouraging
Copper stocks Heavy.
'9e er to5 ss soTs,en sn
showed slight gain. Amaigansted was
unchanEsd ana Utah scored loss
rate Is looked for tomorrow. foreign houses
were sellers, breaking Canadian II. points
Equipment issues furnished brilliant ex-
ample Of strength. Car Foundry gained
over two points Efforts TO advance Can
We're unsuccessful ana the stock showed
heading between The lines. bankers put an
llnfavurabc construction upon the outcome
ton. Boiled down 10 hard facts. our rela-
lions with foreign courts are not parucu-
vsntion Will bring a horde OF japanese
suariing at our heels
Bonds wore active. United Railways OF
san Francisco gaining one point and United
States steel - were fractonally higher.
Dealings tn Rock Isisna collateral IS Over
opening price OF 56,. these bonds slid down
70 49,, Tho y JeiGinttns Is drSpned from :"
Cali money goes a-heggns at II, per cent.
short ;erm funds offered at per cent.
and i've months accommodation can DO
rs sad> ,is ply, but. alas, i, is ,rqe.
rrecedea dccline in the general market.
5 i.3' tiine ;ais viii prove an exception;
sHovs an irolina;ion TO advance
New York January 2s-Th+ stock r,srke,
to-day travelled over much the same ground
rs IN ne preceding scssion. Fluctuations
above yesterdays close. Spectators were
uncertain. X was the general opinion that
sumption Of the advance could be expected
Reading held first place because OF vigorous
VuNiH=. i~NCtpk4nHAi NtAkI4cSs pIcNaile0 III
lioek island stocks ana bonds Leading to
discussion OF financial problems which the
company inay he called upon 10 solve. To-
nncro stocks we're strong Reports OF i'm
provement IN tho copper trade gave a better
lone TO the copper stocks after drop
earlier IN the day. sales OF tho metal .vero
,undc at liS4 cents.
London reversed its attitude In this mar
ket oispotnr Of about 1000 shares of The
stock purchased here yesterday for foreign
account
Thsre was further easing of money
rates. and for the hrst time In many months
commercial paper WAS placed under per
cent The recent upward movement in
bonds WAS checked.
United states bonds were unchanged on
,aU.