The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-11-05
BULL ARGUMENT SEEN
IN ELECTION RETURNS
Wall Street Processes to Believe II
Is Reprimand Against "Anti-
sss business Legislation.
TRADERS BECOMING FESTIVE
On Every Side Demand Is Made That
X Stock Exchange Be Opened for
Transaction OF Cash Business-New
Street Is Dealing Freely.
AN BRoADAN wALL.


considered "a bull argument throughout the
4 fnancin; district II argued that leg
station against corporations and business
j generally had received public rep.imand.
\ In the New street market prices were
higher during the day. steel common ad-
vanced to t2x; AmalaEamated Copper to ~
BID Union Pacific sold at los. and Reading
AT ls..
An active trader the floor recently
entered politics In search of excitement. Hc
had Just returned from tour OF the
= western and norther part OF New York
y State. wherever went" he said, Il was
hombarded with the questions, When VIII
the Stock Exchange reopen? and why doesn't
:. respen7 Demand 70. up, puo ons-r market a,hSt
member, or. the exchange, am w,,nou. "a
aaes,on. On aH the nccr nine gu, q Zen 81
the members urge the renewal OF public
esaiss, what is considered the policy of
the bankers reEardinE renewal OF open
49,. PLAN ARE DISCUSSED
Outlines Of the nEisr plan for ana esf ohs
I. cradle discussion to-day. These plans are
to .eea4,es @t
margin, on others loans to- sand n. ihe p PRICES
sssT July ST but neas SUBJECT cali
market value OF the s-curities rises to .,,, the
Margins can be settled in cash or securities,
( or. in the absence Of either. arrangements
m raiss D Of in.efes 10 carry '"' "A'' s"
Tt,is, expected that similar advantages ut &c
London exchange to- their customers;
There wa, marked mprov s.1ns In In, the
We're d ssafsfS' nT fa 'et 10 '
the e eieasins.house Of tho stock Exchange
AEa nj q. q
Quoted a s,ns srns Gess of 'R RGoa 81
Open the, Stock exchanse. for cash bust
boxers s'Is n New Street
ye n not TO Be
stree. sac,aslcns for !2v-ETissa
iess ssss e Sysss ss' is..ssI: A%ersen ssn
tl s1s 4 ssSslss csnsrai Leatss9 ss.
Sh!n2 Eric GfopPss ;'F oS sGf" ff? 7s
s,tsh Coal, iss:ais; Southern Railway, 1885,
New York. November 4,,wall Street tenn
It's sonsSer il nss
come of ihe elections With the stock
ss n9Ss sfss Of
overturn In terms Of security values hut
sSas nndef :Ae
would have responded With Il vigorous
VI
conditions would not have been largely
neutralized by the latest victories OF the
German navy. These were accompanied by
another sharp rise In transatlantic rites.
while war risks ON ships plying between
North and South American ports we're
virtually prob according to reports
Expiration of the British moratorium
without appreciablc effect either In Lon
don or here Thr weekly statement Of the
Imperial, Bank OF Germany. which showed
an Increase of $50, 10000 In gold reGrves
In the three months OF war reflected TIE
large payments made In connection with
the war loan.
Foreign exchange was n-m. cables being
quoted at. st9IN and sight drafts at $500.
More German bills wer. In the market NJ
rates unchanged from the carly week.
(; Latest. developments In the steel indus
try pointed to general wage reduction at
the beginning Of 1915. Evidence OF the
continued Improvement In the Investment
market was furnished by advance in
tho prices of short term notes.
Retirement OF emergency currency on a
fairly large scnle here and other reserve
centres testified to the increasing strength
OF the domestic money. situation which was
tiraiv all loan accommodations.
Railway returns for Sentemher offered
infalib!e proof or backward trade condi-
tiont transportation companies In the
Northwest and South showing net losses.
New York November 4.--MercantIle paper.
6n 6h. Sterling exchange steRtv: siXty-day
hilis. sLs7cs: cables. sio17aI&iai: demand
s's9:adhe,s: Bar silver is's.