Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1914-12-06
.RE0PEN|NCO MARKET
u UNQUALIFIED SUCCESS
Experiment OF Restricted Trading in
Bonds Has Given Much
Encouragement.
OFFERINGS READILY ABSORBED
Prices Have Advanced and Public
inquiry Is Growing Broader-Tcn-
dency Now Is to Turn to Specula-
tive Issues.
ny nRo.nAS MALL

'NEWyYORK.I December 5-Unqualincd Sue
cess has attended the rcnpcm!ns or the bond
market for, restricted trading. After one,
weeks test. prices have advanced. offerings
AFRO rond,y absorbed and public Inquiry has
broadencd.
Industrial issues led IN activity and
strength. Railroad conver,iblc bonds were
barely steady under pressure OF selling for
The week; With tho pronounced ease In tho
lsierai is. and Wash. rcfundInE a. advanced
"sPS asSgnF In In se as GUS
bonds: sls
, rf'ss s. S sssa:; b Dssa:.
Re,h' steel a"' RET q cs s..4 As 81 g.. 81
s. ;,'i5 s? ?:;; &! CO.: /; | &; q
L. s. Rubber ss.......... ioe 1893; ;oiI
demand for the high grade Issues. but the
voIHS Q, business sns WIS not Inrrs Con
, July 5. Nov. IS. Dec. ;.
6. and g: Con. ..=s...... 3 ~. s.
. ,,adins IN tho ROCK i-'aSa irues oyershad
lS,slal j. y. and the nsfSaains !. r. The The
strong. Some developments arc expected in
these issues and inside interests were buy.
Me,. declined 70 is' Bethiethem siee, Ref.
Ten DAYS ago bankers were discussing
n Dlan as,n to form money pool in the even,
trading In stocks To-day call funds were
ored al ce ssn an nna s"o w9
for this time OF the year. This ease IN
hasten plans for men renewed trsdns on sse tho no
moor. ~ u doubtful. howcevr. IL any definite
a",iTn VII, ne taken towards reopcning FOR
Fhs ssu he. OF rads the clear
ysneing prices no evidence has appeared
oil ,, any effort upon The par, of intcrna,ionai
cannot fairly be made until stock houses
. .hs, n5eSaTed 70 pay for tbs securities pur
NEW YORK, December 5.-Bonds and
lis, . OF stock prices issued BY the exchange
The only pronounced exception 10 the down
by S IN sGnf Roc sIn fur
which rose from ! 10 > points, the latter
5esises oh sne S snT in III eo,,srs
ny Snie%e than on the two preceding days
BID and asked prlees OF stock, 90 sis nicat TED
nau ssy To ,sl"s bssGSns ps, brSader
crease crease for the two hours over the Same
'.f onirs OF The &c early day, OF the week
tee in charge OF the stock Exchange to-
cay ANNOUNCED that plans 10 effect a re-
n.mp pe soo OF SsSan hssnss in stocks had
The only feature to foreign exchange was
thc Increased strength OF Reichmarks which
rose &c over yesterdays quotation
Thu. weeks bank statement was cspeciallv
'HerestinE In that IL WAS the first full and
complete exhibit made since the outbreak
~ ~ me war ana the first comparative report
OF It's KIND since the. new Federei reserve
systsni became operative. Actual loss OF
s9.:?s.oo wnr much under general cstIinates
while the loan. expansion of about ss.,
operations. -
Following are tho closing prices issued by
inc stock. Exchange committee; last sale:
asma slSa TED Copper. g; American Can. 70:
american Cotton OIL. 32h: American Smelt,
ing ,G.r pr pre-. 81: American sugar, ioi;
A,nnI.na ehIeeiephons and TeleErap I'd:
iyn Transit. 81: Canadian Pacific 1854: Cen
iIai Leather. ~: ST. Paul. Sc: Denver and
M MS fT "a! :. Erie lst pTefsIrsd. Inter
s!on Lead. an: New York Central. st!s:
SorfoIk md Western. ga; Northern pa
zinc. ~: pennsylvania, i05: Reading iss.
Rock Island. ~: southern Pacific. ST.: Union
Pacific, liz: Utah Copper. IS; Western
Union IS: Texas OIL ies tbid,. isi tasked1.