Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-28
UN|MPORTANT CHANGES
SEEN IN STOCK MARKET
Prices Vary Only Slightly, and Deal
ings Are Largely Pro-
fcsSiOnal.
SOME GAINS MADE OVERNIGHT
Conservative Brokers Say Short In
terest In Market Has Been Grow
ing Steadily-Str0ng Undertone Is
Indicated for This Week.
BY BROADAS WALL.


NEW YORK. November 2i.-Excert 'or a
few spccirlties. price changes In the stock
market were upimportant to-day. Deal
!nEs "ern largely professional and repre-
,entine ek-end cvsninE,up OF con ai,,,nc
sales. but the coppers and steel common
wcr. firm.
steady tone prevailed at the opertng.
with mos, issues rhowing fractional over
night gains. After the first half hour AN
EASIER ton" dcveiored. hut prices held firm
IN tho second hour. tho cose leaving most
issues only slightly changed from the pre-
Conservative brokers decor. that tho
short interest in the market has been grad,
uaDy growing. and that the resistance Of
under;one for next week Copper SHARES
are expected to he most prominent In THIS
weeks trading.
Bankers said tie decrease In cash shown
10y the weekly bank statement reflected the
beginning OF withdrawals 10y merchants In
ni'cpn,ion oI the Christmas business. They
added that Withdrawals Win continue
hnck 10 the banks Immediately after the
conclusion Of the holiday season
BROKERS reported good buying OF the
copper shares. especially Inspiration. "hich
has been accumulated on "a large fcaie re-
was helped by announcement by one lead
Ing copper producer OF an advance OF &c
new high for This movement. numors OF
4 probable absorption OF the Inspiration
by the Anaconda are heard coincii-nt with
tho advanc. in Ins,'ira,ion. Insiders OF the
Anaconda deny this. and tho Insiders o:
Inspiration ray they would not c9un,en2nes
such deal At anything less than S5H n
share for their stock.
Alaska juneau failed to display much
strength. Notwithstanding announcement,
ri Why The comphny's earlier
statements should be In any way altered.
stcck the statement was made that IL wax
estimated the company world earn NJ least
from tho sale OF stock for Development and
IN. purchas- Of equipment.
The bond market presented strong under
tone.
'ess'on of the stock marke; represented 1T
u. more than the caprires OF the profess
,ionai clement. Dealings amounted TO only
an unusually iarg. proportion. New Haven
and American Tobacco attracted attention
because Of ;h.ir weakness and Il few spe-
oiaities w.Tc lifted 10 new records. These
included General Motors. UP points TO as:
AiIis.t:hai,ner, preferred. n, to sil,
There were tentative gains Of TO points
IN N. usual Tsti"'y o., va, and ssrn,war
Mercantile Marine Preferred General chem
Investment shares w.r. dull. With few
chhnnes OF note. In the nnal dealings tho
Grating a moderately h"avy undertonc.
Nov Haven decline 81 ~ to 72a,
baceo', d.c,r. Q: !: points TO Fl; VA. Win
out eHplanaiion. other than ru'nors OF in
trading in United states s,ee, waa com
pnrativciy light the stock recording a small
fractional logs. American Can seemed to
Yield under pront-tabirE. as aid American
Smelling
Americans manifested a better :cr~ ir
London, that center reporting greater op-
tirnism In consequence 81 The success az the
French loan. Sterling and l',r's checks
h:.h"r. but marks w"r" heavy. demand
Berlin falling to So which approN!In ,ted
IN. lowest quotation since tho war.
Local brni reserves contracted by n II
. n 2. m B. !, ~
the sam. ANA Il nominal increase IN loans
Banks report Increased business activity
Bonds were firm wish small trading. Total
sales. par vtlue. amounted 20 s. 7oS .ny1
tnit-d States Registered - advanced /.
per cent. md the regular q declined !. Pc
cen: on cell during the week.
NEW YORK. November .7.-Mcrcant!i. pa
per. :ST3. Sterling, sixty days bills. sass:
for de;nanc. N.sa;j. FOR cables iI107J Bar
Hilrer. F'7. MEXICAN dollars. 49,. cavern
ment bonds steady. Railroad bonds strong