The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-09-25
RESUMPTION OF TRADING
EXPECTED IN NOVEMBER
Point to Early Reopcning of
Market.
PLANS ARE BEING DISCUSSED
Recent Activities Followed by Pre-
dictions From Emminent Bankers
That Call Money Market Soon VIII
BE Flooded With Idle Capital.
ny BROADAS WALL.

New York September Anew York City
ss OF 1877 sold AT No;'s. nni are not
offered below s,o? Bankers expect o further
advance when The money market cases OF.
Facilities for trading IN bonds were broad
cncd to-day ny the removal OF restrictions
that prevented noumcmbe-s from clearing
bond transactions through Stock Exchange
houses. The subcommittee OF seven meets
daily At tho Stock Exchange TO pass on
transactions in unlisted bonds
fractiouuly lower. Amaigamated Copper
sofia to +''s. and there we're dealings in
traded in al ~ However, the market was
exceedingly marrow. and bids aud offers
'rhe announcements from London that the
moraioilnnl would no; ho cNicnded pey1nd
that the london Stock Exchange situation
Developments in the financial district con
probable datc for resumption OF trading in
our Stock ESchancc. rio dnancinE OF the
sity's obliEar9ns an! the formation Of the
predictions from eminent bankers. that the
call money market would, within few
weak. bc roedcd with Idle capital,
IN. STOCK Exchange committee having
practically finished tho settlement OF tho
Tor lie return OF STOCK borrowed several
hurHreI Thousand shares are open in. this
don and Continental firms. and some an
nounccncut may be expected soon that Will
on hand and cannot now obtain the. money
terialy helped 10y free offerings OF call
Thus, the way is e!.ar 70, q d.ssussio,n 81.
suggested that cash market might be
irC ie TO :;s e to be
Brokers might he instructed 70 accept or
eive as .: S ,ha; in,mod!a;e funds are st
hand, selling o.dors 70 bc accepted only
di as@ dsiivery Could he s t '''''
This II Is believed: would restrict out-ot-
cpera'o F Sesristod i no, prShiS,ea, rhose
un ON producing proper evidcnee OF open
iic market easily regulated by the exchange
authorities and temporarily free from the
N@ new strain would hc pu; upon the
liquidation could nc accomplished with a
minimum OF speculation.
New York september - Dealings in bonds
,inder the more elastic rsEnlaticns recently
to-day than Al amy time since the closing
90 that nsti,ntiom. Many sales OF this
effected at moderate concessions which
S"sSS TSm 2sh demand "naf for shs
New York city per cen, notes es,,, we're re,
preim ni% Tor The shor;s s ma,urites.
OPENING gam hs
rates. but soon recovering. Activity was
chiefly duo TO prospective heavy rcmittances
10 London - meet coming dividend dis
bursemcnts The managers OF the sito.oVo 190
gold pool announced the success Of that
project local banks virtually having de-
posted their share-t5 per cent or tho
whole.
THE decision of the directors % the Inter
national Mercantile Marine Company to
defer payment OF semiannual interest tho
~ pc: cen, bonds. due, October l. because
of the unsatisfactory business conditions.
scrvcd another reminder Of the en-
Establishments 10 the shipping trade result /
ing from the European war.
Improvement in the demand for mcrcan-
tile paper was reflected III wider acccptances
10y interior banks. Gail loans running into
next week were made at per cent, but little
money was available FOR thirty and sixty
days.
New York September ci.-EXchanses. NSi.-
1854; balances. SS16iS3i. Mercantile paper
Z. sterling exchange. easy; Tor cables. Sisi"o:
.n- Al mud. 81 90 Bar slLNcr. -