The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-02-17
FINANCIAL NEWS
AND COMMENT
Dull Session in the Stock Mar.
ket Here-BOnds
Ease OFF.
PROBLEMS OF EXCHANGE

N'''''" "'y
Immediate favorable view OF the un-
p~recedented weakness. n, tor.,- Az.
cba,v. IN. ,,,o,.,, ,,u .. S-u~-
't '"" I" s'eri'hs'
lIahcs ana marks lends exaggerated en-
pnasis 70 inc constructive arguments de-
,INeu lrofn accumulatlng evidence or the
increasing strength OF this country's
hnafclAi POSITION, OUT II brings prob
yin wv
nVoh .housn tnose proolems are not
TOT US 10 solve. but for Europe. which
n ms % nnu means ror meeting inc biHs
ma, IL incurs III rS purchases from our
prooucers ana and to pay on
u ioans "hicn u contracts with u
panncrs, 'ne Sltua.lon Is not exactly
IV"ouo''v ao'lVlty NJ rising prices
!, ~ Wa! street securities market.
rresn incentives are orIereu 10 Foreign
.,qu'ua.ioh OF oonus n stocks n In
tinH,'.ons are HI"rueo OF the coming
49, vi .he "orIns oid LOT capital
onery reason LOT resarulng with
sa.Isia..roh conultions wnlch promise TO
- .n'tcu Sta.es from tne
ssatus oi a uep1or na'lon' out IN periods
:" sue eN.ensINe nnanclai readJustment
"s " y oy eAtreine n~uctuations IN
' - nnonuy naln-' tncre must
w W. iSpos..ioh W nnarN t'ine'
,os 81, 81 u a.Vei't,on Wnlch II
pa" " io,eis" eN'nanse ueVeiopfnents
~ '.e APPROPRIATIONS connected
,ner v. "n nov .orse. the o,hcr rae
.ot,9 nv ,no.nen, represen'en ny the
.n,.'S poltehts aorcau ana me uiplo-
.na ' 'oneroVe'Sles IN "hicn Washing-
ION . eneased Counseis OF prudence
ee oEy I~e7pccten' anu ~ might
-, p.s,ns 'oau in'o tne aspects
A. - .eftaln eenelti.eness
S-.. 80 P"itiou'aII! au'erse
,rtna.,on 20 ~ .-i". ueteI-
w ~ Nu,nInls,rauo 10 press
-. .sson VI nv "nlpPlns olH was out
NV, n',,.Ve 10 esu''on- Whetner
von, g. p."s ~ uecoihes Jaw
o eNuA seasloh Can narnly
,nd,ron,r,, ~ as olro,uy out
~ o~s.npalsn io'
,n.. .ure nss ssrveo rurtner 20 re-
- ,,a -. VI oushess conluence
no,,,,ca,rn ,mna 'o"'''o"'e naS oeeh
pr,,a.r
sbara ,is. 500 10Y ue
yara ave-, ~. .na.,a, s,rens.n
mas. .,.,~ SSss.
marrow ranca GA .hs,.... 49,.
looked as ,hn,sh a, -, s.vm 'tn
weigh, su1,cta,, s,nno. 49,
rendered 70 hoid 4, DaaTn.. We
a contracted sal. a,a .h,. ~.
,hs mos, s,courac,nn go pv'"aps
market gaNA Altar fha ,,oaa - k.-4
ness some mora rad,c,Io,. :.
nrices we're an,o,nc.d ,n.,,a,nn hen'
Tor Southern RaI,uoy nra,.-raS go a.
New Haven shares
Bonds wera rele.,yr,, ro-. ..,,,.
than stock. hut ,his ACTIVITY 10 som.~
WIN, n. Tho .ypars. 80 ,,r.,-.h 1n,.
Indications NJ ,ha ,rvestr.,, = l.
are that pr,ces ara veaLa,tny n. ,h.'.s
dealers and INVESTOR, ara hagIn,tn,
feel that capi,sl vas dt.,trc,,y M
deryalued IN tha ra,uary ,,,rrr ~.
large overs,,hscription 10 ,he San, yorS
Central bond synd,ca,e ,ea.,a.d N ,ba
dealers appreciation Of IN. onpo-,up,,v
offered by the d.Ye-enc, hctwesn the
rate OF Interest ON the bonds and M.
rate OF interest for lon1 t,ma monev
with which TO carry them. but this "a
not the eyidence OF can,ta, avarahi.
for Inyestm.n,. which 4, VIVA, ,hs MAJ
ket e waiting for.
In all the various form. n, -.n,,-
lance excen, r,lIders mo for.Is, AZ
change marker d,snla ved ,rcraas.d
weakness. Demand sterling .old DOW
20 70 and after a ra,hsr chan IN,
reacted. CLOSING ONLY a half can, ahova
IN. low. New low Levels ver. reached
bv marks and france I-noue-,orah'y
a rood deal OF specula lion 10 rlnrIad
win me operations Of the ,ioraI
EXCHANGES a, nres.rt ana a rscov.ry
,ennorarilv sus,oired vouId mo, ha IN
the leas, surprising Neverrho,cs. I, Ia
...,... a.. - - l.. ,- i