New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-11-21
SHERMAN LAW AS
BAR TO TRADING
One Reason Advanced for
Delay of Stock Ex-
change Opening.

Among the various explanations OIL
fcrcd yesterday in the financial ans,
trlct for tho action OF the speclai
stock Exchange committee Of five IN
postponing the date for opening IN
bond trading later than Monday was
one that there might be grounds TOT
action by the Department or justice
under the sherman law should the pur-
pose Of establishing minimum prceS
be carried out. In view Of similar OBJ
iections raised 10 the formation or the
$135, 100000 cotton pool, 1t was report
cd that the committee was SEEKING
legal opinion on the question.
Bankers and exchange members we're
disposed 20 view the committees ac-
ton yesterday as less serious than on
Thursday. While no further statement
was forthcoming from the committee,
assertions were made from responsible
sources that the delay was occasioned
by technicalitios, and that these minor
obstacles to reopeniHg would therefore
soon be removed.
". =. G.. Harding, who with =. u. War
burg conferred with New York bankers
Yesterday on the cotton pool plan, said
he knew nothing Of the report that
members OF the Federal Reserve Board
had advised that the opening Of the
exchange be postponed. He referred
all inquiries 20 Mr. Warburg, who de-
clined to discuss the matter.
Indicating the Improvement that has
recently taken place In the investment
world, list prepared yesterday by "a
New York Stock Exchange house con-
tanned the names Of fifty-eight railroad
and industrial stocks which are now be
ing dealt i'm at or above the minimum
prices permitted. The list is as fol
lows:
Alaska Gold. American Beet Sugar com
mon, American Can common. American Can
preferred American Car and Foundry pre-
ferred. American Locomotive preferred.
American Sugar common, American Sugar
preferred. American Telephone and Teie-
graph. American Wooden common. American
Wooden preferred. Atchison common. Bethle-
hem Steel common. Bethlehem steel pre-
terred. Brooklyn Rapid Transit. California
Petroleum preferred. Central Leather com
Great Western common. Chicago Great West-
eTn preferred. Consolidated Gas Corn Prod
ucts common. Denver and Rio Grande pre-
ferred. General Motors common. General Mo
tors preferred. Goodrich common Goodrich
preferred Great Northern preferred, Gug-
genheim Exploration International Harvester
of Now Jersey. Kansas CITY Southern pre-
ferrcd. LacleIe Cas- Leh.gh Valley. Missouri.
kansas and Texas preferred. National Bis
cult common. National Biscuit preferred. Ma
tional Lead common. National Lead pre-
ferred. New York Central. New York Outa-
rio and Western Norfolk and Western com
mon. Northern Pacific Pennsylvania. People &
Gas, Reading. Standard Milling common.
STANDARD Milling preferred, Studebaker COM
mon Stuieha<er preferred. Texas Company.
Third Avenue Twin city Rapid Transit.
MON Pacific United States Rubber common.
United states Rubber first preferred. United
states steel preferred. Western Maryland
Western Union
The following bid and asked prices
on representative list of railroad,
traction, industrial and telegraph and
telephone bonds were supplied by the
Stock Exchange firm Of L. VI. Prince q
Co.: