New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-10-14
FINANCIAL RECORD
HERE And ABROAD
o.verses of the Allies
Increasing - Further
price Concessions.

.,.rmsnts unfavorable to the
az, torces yesterday had depress-
A"t 'ssuepee. not only in London but
~ ga. aide Of the Atlantic as well.
q ~ ~ because of the intimate rela-
r. . A..ween this centre and the Lon
W., e.oel Exchange and money market
son e~.iv because commerce between
SO Payntry and England has been
DIS s..ilv uninterrupted, constructive
FN.srrs here have been largely oased
rs' .ss prospect Of German reVerSes'
~. n Is true that the preponder-
wy strength continues TO appear
~ " s;Ss OF the Allies and Great
80, stili holds the seas, such news
bnsss," csrnran occupation Of Antwerp,
=. End Lille. with the Russian re
ehsL. from Przemysl and the revolt
uen. .he British in South Africa,
Hsins' ,ba termination of the war
sass-A German defeat seem far dis
mt sl.,- continued warfare
49, snv marked tendency toward
..y,vstion In money rates that might
la,ywise have followed saturday >
s-,his bank statement In some IN
n I've however, were reported sales
sss.r,aptile paper at 6 per cent for
q s".;onally good names. Local bank
f;;;sseussed informally the cotton
~ IAN approved by the Federal Re-
W. Poard As participation will be
W ;,S;vidual banks instead OF the
y -, House. no action was taken.
V-s .s..- marking time for some days,
- S,o.k Exchange yesterday placed
I.-teed stocks among the securi-
"a longer held az the level or
49, prices. Hereafter Il will be
....sbls 20 deal at moderate conees,,
it.,s with transactions IN those listed
...Inrit;ed 10 the stock Exchange Clear
:. Vcnse committee and in unlisted
y. sunervision Of the bond dealers
sn -,; OF seven. These underlying
e..---:s;ss are few ia number, gener-
~ ,Ioselv held and subject TO little
....-st,ye demand, so the freer trad
80 sxpected TO amount TO little IN
- bpsiness. Ii does, however,
go nat the lesseninG of restrictions
:" EstsS bonds has resulted in sue
..,,srl trading without undue disturb
.,,ss 81 loan values and is g step
.sv,rd allowing listed stocks general
\ 10 be dealt in more nearly accord
~ 10 the value fixed by buyer and
,,Hsr. Il was also decided 70 allow
t,Sips in curb stocks valued at $40
!, under without supervision. The
i,rrsr limit was SO. -
'' Subscriptions to the 800. 100000 gold
,nol having been finally completed, the
r,r,ssrs have sent out 8 call for pay
-srt Of the first % per cent from the
,.,Te cities. Following conferences
,Trse.ed this week with representa-"
tT.s Of the British Treasury Depart
-,rt. 4 Is hoped that more definite
,rarrsss NAV be recorded toward ease
4 foreign exchange conditions. That
,rssdy the gold pool has some accom-
pHsbnent to its credit appears from
q. course of demand sterling last
Vssk Buying Of excange for payment
a Subscriptions 20 the city loan and
70, meeting bankers finance bills made
huYy enough addition to the usual
Mercantile requirements to start an~
sisr abrupt advance. The closing
vices from Monday 10 Saturday, how
sytr rsb As4s5, 49570, A9615, 4.9665,
lss-S and 1850, comparatively mod
ens tuctustions, which proved the
ssssiTsasss Of the pool in steadying
fsieS
Experts Of merchandise from this
port which are doing so much moro
han gold TO pay our debts on the other
sids, advanced again to q valuation
kighG than in 1913. The total Of over
ni,6Oo,OOO was some 100000 greater
han for last week or last year, and
Gns: Britain and its possessions were
he destination of over $7,000,000,
against about 100000 the week be-
fore.