The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-25
DEALINGS co STEADILY
TO- IRREGULAR MARKET
With Stock Exchange Closed, New
Street Rapidly Increases Its
business.
CONDITION NOT RBAssuRlNG
When Reopening Comes There viii
BE Liquidation and the Inevitable
suspensions, but They Will Not BE
Observation-Disclosures Must Decide.
NY BRoADAN WALL.

New York. October 2l-Dforts havo been
made TO convince Stock Exchange governors
OF the necessity for the establishment of n
cash market upon the f,oc- ~ tho exchange
to offset the evil effects. OF the Irregular
market In New street that is steadily grow.
il, Muller. & Sons on wednesdays should
nseS BY banks @ sh to eese s
loans and obtain title by public sale.
the Wall Street Journal SS said . .day. ACTON
'rhe exchanges are stlil afraid OF iiauida-
,,n nrha, there must nsees.arlly be liauida-
stock ,,h Exchange goes without saying: That
housed entirely. solvent before the outbrenk *
OF war Is true here as II Is In London. But
they viii be inevitable " Tine ionkse , hes
walt on the speculative chance OF 'some.
position 'r nuat b sH '"e weaker the general
BANKS HAVE DECIDING
VOICE AZ TO REOPESING
,. Doubtless the banks have. the deciding
change Their customers anu debtors can an
lent them money 'i su, to The .nops so
must be faced The entire Stock Exchange
Of an apea m aasa', ,sst
these risks shall be taken Such u market
in Pt,sbursh and viii m @ over be- ind or
Bed 10 gf Treat sen;G Of
Two blocks of the Stock Exchange where
5 n1S,si when Ere,ponsHe houses actually
E nsssng s showing prices which In some
amd the the saS1a and
n he Q,
up 20 the Stock Exchange. oeu1'e'
10 onopm VIII oa,sd. ps. wider sros4 rEn s
their liabilities increasing. with no medium hnn
lot f ,ei!e,. and. worst OF all. buying orders
,Sroaeh soeR E.ehan 9sn1 Channels ns at
"I on,ssdp prices ,.aa,, ., No..
hands at ssh. Union Pacific around iosM.
Per eon,eda,ed Gas e wa. offeled Cot st
ii2 and Republic Steel preferred at es.
COTTON MARKETS.
New York. oe,ober IA decidedly cheer
change today resardinE the pessi5 ao OF an
espnT, f..Snt'itnS Part OF this was, due to
.ioa plans had been oversnsserIbn snd iSat
an announcement was only awaiting a few
soon take up with Liverpool the question OF
New. England mills are ssid to be eS
I'M, I'M, , iInESs orders for heavy drills bu, are
az cotton. and are awaiting the opening of
the exchanges, In order TO hedge their
purchases OF cotton close to cent, deiv.
eteu have been made BY these mills
io.b MoNernent-SdSannah-M ddling, si,.
frssseip's. 5tss bales: gales LILO bales: stock.
Norioik-Middinr. 60: receipts. l.5i5 bales;
sales, aii bales: stock. s5.ss5 bales
New fork-ESpor,s, 40 bales.
- I rod today at al ports-Nct receipts.
Total gtcr ~, week Nc; receipts. Ss.s:s bales;
,. Total Tor season.%et receipts. i.o,o.:si
New Orleans. October .t-The week in tn.
cotton market closed with Il fairly stcady
tone. January tnadins at : cents and suSts
LANDING at VI cents here for middIing.
In the spot market II said thai ptr-
tnsEInE was not easy as earlier in the
week. many holders being firm in their
views and demanding higher than board
quotations: Some steadiness appeared to
DC. derived from. reports OF progreys In the
ntempt now under way TO reopen the mar
kets for futures. Spots. quist Sales on
the hpot. aii bales: To arrive, J5p bales