The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-10-14
9BUYING ADDS STRENGTH
TO COMMERCIAL PAPER
Banks Are Making Purchases to BE
Used Under the New Reserve
j. Association.
LlTTLE BUSINESS is DONE
Time Funds Unchanged and CAN
Loans Are just Shade Easier.
Many Inquiries Made by English
InvestorS--Metal Markets Dull.N
BY sROADAN !YALL.

BY sROADAN WALL. s.
New York. O,,ober la-Commcrcial papoS
Was strong to-dry. owing to purchases to bt!
used by banks under the. new reserve orr
gantsation. Tim, funds we're unchanged ANN
call loans just d shade easier. Little busiS
ness, however. was transacted in the money
market Sterling exchange shaded frae-
ti9naiiy: but the marker iks was .. very dull
in sonds through tie Stock Esehans a'H eom
mittees. Nearly 81, 5000 of various issues
market mari ea in these tailed another siooo 900
which would have been considered fair
Business was in smaller volume to-day.
but a fur buying demand was noted by
With a strong market for shortsterm notes.
many investors prcferring this form of Sc
Inquiries from English investors made
E go. n r HsoaEh prses were be-
Business in the Standard Oil subsidiaries
9sssrs sHGs M Oh the sSeR
committees to reconcile dealings between
beFs are not ai,oseiher ' successful. and " com
siderable friction at times arises
to having their trades passed upon by Stock
E EGGfKnsas MA nRfmsSrS PRICES
ARE DEcIDEpLY SOFT
In the New Street Snro market prices
.sis and Amalsamatcd Copper below IL. The
is now by number .,
s,seN fS ine oS Of the
cism may be directed against this gathering ring
II + the only free market that exists for tho
be done upon the floor OF the exchange.
markets. Copper is selling around iiis. with
the trade practically at a standstill. In. the
81 per cent OF capacity; =
AsS further a~ e9n , the special com
,,;, yesterday that members Wishing TO
of nj ,st
submit their proposed transactions In writ
Ing TO the committee before concentrating
ThS committee Of seven Of the bond deal
In unlisted guaranteed stocks.
New York. October l3.-Recent successes
Of the German arms exercised potent in
iluenGe in financial circles to-day. This
foreign exchange. which was more eircum-
se,r It., at higher rates: "a.
clearinE-house banks. AS disclosed In last
rates for soufhs tint, sons change II
am 1n5sv being ., made at per Gent, with
Uniaverable ndyices continue In the steel
STATES atGm ' S ISSUE ne United TED
port for The third quarter OF the year. with
For many reasons the occasion will be one
of the most interesting In the history OF the
rules .,aa and permitted aeaiinss IN EaaTsn,eed
cepted as an indication that the restrictions
against other, listed stocks soon might he
sh n notes were in smaller volume.
showed large decreases in ' revenue. f'''Way
New York. October l3.--Mercantile paper.
Sss bus eNssss ss ca5 5 s sGS sS ssr
a aa%ss sss sia b. hre svsT s bal
COTTON MARKETS.
New York October ls.-No important
eans to Wss Per In the S@lGn
is working on the plan to take UP remain
mG m through syndSaS ISSUED
to questions regarding the amounts Of ieot-
liauda,ion through the ballot soon would DO
r resumed, but there We're no definite am
somewhat conflicting. ana local spot brokers
said that offers from the interior were some
Domestic mills were said to be holding
on. owing TO lack of confidence in the im-
mediate course OF prices. notwlth standing
the low Levels already reported the pres
Port Movement. Stock. Gs.9i6 bales
,ssss bales exports h:n bales; stock. iss'ss:
Total for week-Ne, receipts. $685. bales:
Total for season-Nct receipts, 7l..2sS bales;
exports. e5si'i bales.
New Orleans, October ,3-Cotton suffered
further declines to-day, spots being reduced
to csc for n!ddiine, while January traded
down from the high levels of u fortnight
age.
rain IN the central and western portions OF
the belt and the cold wave following.
eep9 ana oss r the
interior were me main factors that weighed
Spots. quiet: sales on the spot, 2Se bales;
to arrive. ID bales.