Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-12-24
VETERANS SURPRISED
BY ACTION OF MARKET
There Is Strong and Broadening
Tendency. With Heavy Vol
umc of Business.
RAILROAD ISSUES ARE STRONG
Announcements of Favorable Earn
ingS in November Help to Put
Prices lIighcr-Aioditicd Tone OF
Note To Austria Has Effect.
ICY nEolnAN WALL.

N REOADAN WALL.
SEN YORK. December - Much 10 The
surprise OF The Veterans the stock narkc'
strong today with broadening ten
Wa "a" greatest Tor any session In weeks.
notwithstanding that several issues We're
scl.irc .t the hirNcst level for this move
mem, Thc strength spread :" tn" railroads.
"wlnS 90 ann,"'sm'ni "' inN9F"hLc cnrn
tion however was creates, ia the corpcrs.
oils and whisky shares. In the latter group
Cnitca States Industrial Alcohol ros" more
OF f9ii. MeNio,u Petroleum was ais" among
,h"s" MA, s"ll at new h.eh records. touch.
ing 'o"', ON total transactions that about
cquaod those ct steel c"mm"m
The moa!n"d tore OF the American note
- iustriH. wHs used a. Ia" basis ior
better tone O., tho. openiue. copper shares
were ,ha 'e,lcrs \nacondn being most
active Tcw',s'" Copper was also IN good
demnnd Selling az the 'ormost price since
" sold Slightly under 80 on November II.
when the wa' stocks lrok" badly. In tho
early afternoon lfo'it taking resulted ia "a
slsht recession IN quotations from the
best. aut ia" upward trend was resumed
WITH renewed ,gog In the last hour The
oiu>e YEAS strong.
y rorrerunl" turrens" in business was
Ing ia. largest volume tor any session IN
the advance az New York Central 10 a
n" hlrh priy" Was considered Sisnincnnt
hy brokers u view " the recent failure "f
the d.ro,to,s to enlarge payments to
TO - lu. - tho unusually favorable sho,v-
CiiI5 o. Noyelun.r the general belief being
tha rallroaI statements for November vii
bc y.:y favorable Although Central Was
selling Il ;hc h.shcsi r'i.H for This ',.oys:
insnt eT"NsiS iep,Ti@H ina IN" "HyimE
mis- they Inferred ,ha, q large amount "t
s,tock heii I Eurors re"dy for L!Mn'a n,51
2Hs o~ n Gg'| bc n GgsI a ,ak %cf @ygF
between The aish ana low prices for tho
day on Which 'h"y wSr" SOLD With the
1br.,H rat1E nF FFE
probable sale On the general fnarke, in the
immediate future" truEccs were inclined IL
expect continuation OF the upward move
men; Ia Central
Eoiro,d earnings continued to he. very
Favorable. southern Pacific reported the
largest gain in no. FOR any month in ii>
history the expansion being Sl..s5.3i6 Tor
"a yea! aso and .ooa, per cen, in .>ce.s
q tho g@s prsX I, Us m'nih o n h,s'oTy
Nashv!N" aumoun,ed gain In gross Of
''s1s ond ~ 'is-- IN me-
system 70. comparison slips was 3reyip,,,te!
by III" rnccn; congestion IN coumisslo'.-
Gonsys,io. va. - sSen, ;hS pHe SicfRs
refused 10 receive comparison slips. Others
deiauItet on dcliveTie'. Some brokers d.
Glare MA; the next step ih9i mus; N.Y..
be abolition OF The system "i daily Dc
l!veries OF stock certificates and q sunS,t-
Consolidated Exchange It's members say
this system greatly reduces the w"rk at
ami taking up bank loans
, The bond m9rky' ws ' ;:.iM,~ wiin
NEw YORK December % Npar, FROM
broader inquiry ior railway shares, which
Was Sufficiently insi,,"n; TO suggest invest
lu"nt demand, to-day'S stock marie, -"
veloped no new features oi especial interest
Meta, ana oil stocks continued TO move for
renliaiu; icr pron,s Mexican Petroleum
e.
i"5-s, and most @; The oorprrS wer" r"int
Wnr shares Rnd kiudr.d cscrtpt!oms
notably American can, American and iialI-
Win Locomotive Pressed S,cr! car and Re
pubic Iron and Steel registered similar nd
t;hnlmcrs preierrcdr nistiil.ss' Securities
r"msga 'ro g,,, I" n"'"' sIowa1 ,r,.oa
,kiUG an "Ntr"m" gain al 5 at SOS, II"
best price la over Il week on eNtcnsir~
shares. B"th!rh"m steel W..s more lethnrgio
than usual. falling To 800 but closing "a.
lover, N"Hrih' Motors making .n eNtr"m"
decline of q to TO. hut retrieving part OF
ieruii2rrs .nd some "i the min"r sp"e!"i.ies.
New York Central was th" mos, cousp!-
euoHs feature oi me railway hs"y,sE. deql
ing advancing th' si"'N ~. Y" l'''%, i'S
r. or! price since 1913 othor PROMINENT
reahe ANA ohio $, Paul ana the trans
conunen'".- he latter deriving aGdt;tona-
impetus from Southern rtci'c.s recor,
breaking st;yyrnt t9r Noycu,brr atssios
ing me- s..f. : '',''.."s- Of s!ys1.o.).
rails >lrh Lake Fri" ana Western Nrw.
YORK Ha.etgr a"l = Louis. md Muucsr.-
L. ami - Louis u.t Eri-s wrr, h.,yy mn :.
tae 'ra. raur vH"n gliS do!ninatal tn.
s"i.Fr ''l: .s4 r'se.t". in strong close
aug r." .h "efe iHo'r l.,hily aeal.
.rt v.r, !rr,r..,r r",..I ''.'',s ia 90"
F HH...