New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-02
TICK EXCHANGES
CHECKERED YEAR
,st of Worlds Bourses
- n Close, 1t Is First
10 Reopen.
,ovNITTEEGOVERNED
Trading IN INTERIM
nav Market Bore Unaided
Cali Weight of Europe's
Panic Selling.

panic oSil'hS'
-
\ s.. whole a IS history tho StocA
tss known no year 20 COM
D'a'-ts ,or4 Trading in that course
y trt VIZ s-vva r,irabilis
. hst uh.''' -.
As earut from apathy 'n'o'e q"
.,,,vitv 90 a complete oessa-
tltTs' .-3 r,oved thence 20
s,. o. tc''''s ...;..;o-
..,sitoa OF e.o'N'"'0
,sg. 10 its eonNaieSo'''e li ''' "
va go. -,s-a'Iel. the market has
.ssek VI" ....l ,,-.c,sirg vigil
d. h glarceo ".''
s,ert The possibility or 3 re-
ro
s'ss. a.. 49,.
Ia lengthy catalogue o. '"' WI"
ns stock Exchange year "hat
os z" .. .-,.-,orsrv IS the fact
.1rc' o1t "' - .ho
... never vss there so "'"N" q"
aud its workings as when us
u;iaAs' A,,.,-ees Then.
i,5fs we're eo~
~ frst time. apparently reSSoElil-
.,-esd ell over The Oniied states
-, ir5.spcrs ic..,y 90 the economic
N. n he nation.
sps,sors." ir The words OF one OF us
/ .-,-vr comm zee, who had never
49, understood ;ie primary lhpoI-
~. ~ tbe St0cS Exchange, we're CulcN
S'~ -. chat frozen credit market
'...'.o5 from its closing. Banks,
I, s'Dis .I.,,.e-vcs 90 a free and Uu-
s's.2.-,5 -rsrset for securities as the
H,~.. ~ values. When the Stock
gre iese " .,,so5 ts doors there was
i1saALs. ,,.,.se rDor which 70 base
i 10 .olstl - L.-qt.fore srpeared in
1i.ass ..@. a. t~ e,-l.+oral."
'.l' So, go ~. c-,ck 10 meet the
me pe.As -... ,.-,rr Whether
theu.iy ihal pre-, .-.-.. 80.
I BY ttcit or eAl..-. "-- ~
riHinea iroi. 5...--I 49,,
landing o. -'-'..' .. 1900 ~ -. -,
risiertl' and so .'..'.--.eo .-.' 49,.
Of situation as Iiet-a,- y ~ I. co
,,I mems. -S . .Ss .-res..rr and speculat-
- ,~bTS In this they had ar adj
=. RET had not thereto been re-
- ss sr,r--be sIackrcss of gen
49,, - .a--srcie1 business and the con-
-. s'irrt demand for loans,
-. - ri~s, Half Wear
Apathy !" A..
lnt4 ls'e ln .~,-' 10y. $500 ,-5c-seiire of
secs LA,is.ss '.. ~ .o-rtr- FoYr
business uIo .., IA =, ,y. 5sc~eases
q .ls ~. - -,s, 80 +rs5,-g from he al
y w ~. 80. ~ 1qr5 and the two
Isa-! ... -. .'.;,,-o-+er+ IN their
eA.ef " I...L-.;. F.,s rrore freouert.
- 80. ~ r,-se+ crons being
/ ..s l.,....s5 a. r,sTto- factors by the
w-- ...-,-s.;e- e~-i,-i-v If the admin
u s....,a- he ne e-+eruatb IN business
Il .T,ls,e-i4 revision and by fears that
4. Interstate Commerce Commission
y would refuse the rate increase asked
liz he Eastern railroads Added TO-
4 d,ss adverse influences were appre-
II 49, ,vsr the situation i0 Mexico,
1 nr.5ly declining railroad earnings and
/ M res1etion Of working forces by rail-
| rosis and their dependent industries.
q particular securities, Ike Canad-
| il Pacific and others on the lnterna-
Uk ls,, there had been. gong on
.r Months an ineyphcaole Nquloa.IIi,o,h
t.in5ated TO German interests. ms
iie ne Ciaf.n lai-lIe IH
FstsI with me discovery lha5 .ne
/ igfi Of the ROCK ls-aAQ -Ioau p
n vas isr worse t7an haa Pee peen Sup
r'' even by IT'S hea'iesl sLocHi' .,-e-. -
", iuf;her 70 discourage Do.n ..a .i,.E7
--. tlu sPsS-.'..s,.- yj,.lioD,s JscIa-
n'p'''n iot i ;.!-,-,e ~ ereat
/ a.o' :. 'ne ''., ..i'r, sSor. Of in
Il r.i5lspS
n 0tssssed By the idea that dulness
last continue until 90 least the rail-
i nid rate decision was handed down,
De nsrket reflected in no wise the as
n.nG,ion on June % Of the Austrian
Crown Prince, though IN other days
.si would have been almost ceIla.hIy
employed 81 the excuse LOT sJIoHB
Alnh demonstration. The next DAY,