The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-11-06
Prices OF Securities Will Go Up or
Down, With Decree Of Interstate
Commerce Commission.
CHAOS MAY FOLLOW DENIAL
IL Rate Increase Is Refused, Liqui-
dalton May Stampede Financial
Centres-Brokers More Pessimisttc
ms Exchange Opening Is Deferred.
nY BKoApAN MAII.

In tho old days New York was separated
:Sat essended from 9 the $orh TO the Es "t
n Hay Eyeryt n beyond this was out, I;
leading securities rs gauEcd by the. opinion
Of the business south OF this palissdc
% 's cnsae Of G hicks Is e
bers OF the Stock Exchange For the sake
discuss conditions, but arc absolutely hope
Those WHO must eel by necessity sssi seek the
public market in New street. while Gus
nels Of trade compelled to go outside
ii they wish to buy stocks at eurren, prices.
but BUYERS are disposed to withhold their
commission on Tho question of. freight rates.
Should the desired Increase he granted. pres
cnt prices of standard securities Will un-
doubtedly I've considered rhcup.
iN STATE OF DOUBT
White uncertainty rules in tho market for
state OF doubt, bookings for steel orders
sen at. ,hs mcn and trades in the
basis, basis that leaves no margin for the man.
amSnE on an in
trade, and II this does not soon arrive there
will have a. serious effect on Labor.
In stock e'xchangS circles pessimis,n in
In securities + deaerrsd " n s sesns.
tion will be curtailed by the reduced ac-
Three months Of Idle business. while ex-
penses have steadily increased, prohibit COM
su!o on future prices. Every day Of Idle
ness iessens tho opportunity OF tho brokers
70, encourage speculative ventures. and to
Ing resuiations OF the - ba"Rr e9 and srt carta
nent OF speculative operations by Stock EN-
short-term notes were easier brokers re-
porting waiting attitude upon tho part OF
point where banks are shading s Gaotat,o o"s
it.af;tionnlly, In the expectation thu, grant
oa,side prices in New street were barely
lowing quotations ruled:
as% Snlon s,. Gieprs sa;, 49,
G,sa, SoTshern prsferreI io7isalos; Pcnn
iSN; Reading. iasals: ''-
NEW YORK, November b.-Thc result, or
The The ,, elections was reelected to-day in
n tho srees Of listed
Iurities being traded In outside the Stock
announcement that the Liverpool Cotton EN-
o or nsrs y to reopen on restricted basis
Improvement, in sentimen, was mos, pro-
nogneed In the steel trade despite tho be-
States steel Corporation. to be issued NEXT
Tuesday, is likely to show another large
in other lines, including textiles. expressed
more hopeful view Q! the immediate fu-
another advance in rates in Paris was
the feature OF tho foreign exchange mar
Set; The London market shade easier
with additional offerings OF commercial Bills
because OF the Termination OF the morato-
ripm. Exchange on Montreal rose again.
An increase of over $4,000. 600 In the gold
hoidtngs OF the Bank OF England was the
o S,n;ar feature OF that institutions
snins In total aud liability reserves were
many added about SI5y),Oeo to- its store OF
gold and increased its holdings OF emGr-
5S;NneSS and other bank notes by over 1885,
NEW YORK. November 5.-closing: Mer-
steady; sixty days' bills. siS1la: for cable
Si;s)Eia u 9?Sj; for demand. 3L9Ja$i $685. Bar