Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-12-19
STOCK MARKET IS FIRM,
WITH SMALL DEALINGS
austro American Complication Is
Placed in Background for Time
Being as Wall Street Factor.
TENDENCY TO HIGHER PRICES
Market Is in Ovcrsold Condition and
short Interest Is Heavy Enough to
Bring Rally This Wcck-firmness
In AnglO-Ercnch Bonds.
by IsROAD.AS WALL.

NEW YORK, December is.--rhc stock mar
h"t waa hrm to-day. the Austro- American
complications seeming to have been placed
IN the "kEround for TIA" time being. I"ai-
'ii;t were small. hGt conservative br"k"rt
u"clare III" market has been oNersoi'i, aud
'.-'t a short Interest exists Sufficient .tir"
," warrant al least temporary rally ~
rrices next week. THO si"r; int'rest -
mon. Firmncss or the Anslo- French honts
has eliminated of the bear arguments
,iS"n n. Z" prt'ente b. the professional bear
,"'ul prices wcrc fractionally over rc..
ter''ay's closing. The inquiry was chiefly
:or IA" iUdusiras, very litt!. being lpnn
ia The railroad group y slightly letter
inquiry by customers was reported hy COM
mission houses. but orders from thl. source
arc very light, Reports OF further improve
i'"nt ln the demand for copper metal Me-
J"'i.ctcG n slightly higher prices Tor tho
coppcrs. Chino showing tho iuhNiuum gain
cApsctnt lions That dividends viii u" ini,iarcd
within q few weeks. Prices eased on slightly
toward the close. but ,hc close steal.
Alaska ';oid continued active and strong,
advancing nearly points 70 ~. and closing
within u of tho top. Brokcra OF tho rnor
raid the buying represented covering IS ,in
friends of "a large trader. who !s often
which he Is not actiaii: iden;iied a, tho
high prices to-day. Alaska Cold was ainios;
G points above tho low figure recorded more
than week ago. In explanation o: to-
GAYS strength. rumo- was current tn,
Thing favorable TO aumouucc in t. dny or
Two regarding the development Of Tho prop
.rty.
Anglo French bond, continued n-,n aith
narrow price fluctuations Followers OF ,ae
,inp,ee declare ,hoi ING price movement would
calculated {. h" attactivc or tina, they ar.
n"lrr Supported by banking Interests. While
m" slso.0n"oy that w.rc not taken hy in-
yes,ors Dealing on the bonds 's"nor 20
nemh"is at loss 20 explain tho
seller 30 transactions In view Of Tho dix.
solution OF the syndicate. one th"ors B..
that they may hc short sales ~ people ,,lu
cNpcc; 20 got tho sccu'i,lc~ at lover prices
t,f, ~
SO Ear people who las, week ,sor., Shor, y.
IN" honds have" sUc, with very H,,e sue
geis The bond market was qI!e,, with
prices steady.
h"i was In tho main p repetition OF rcccu,
Hull ara irregular sessions. Public interest
VAS lt,osc,hsr lacking. asiaa from al a fslT
inquiry '"r certain Investment Issues Inc
c'G ..nF the tnFlo. French bonds.
thii"d states steel waa INC most active
Other proninemt Issues inclulea Ai,r!,,f,
HheJu"E I'cpnDle Iron aud steel. S'aIc-
C"mrany Uu,cd S,ntcs Industrial Aieonoi.
NirsinN coat Iron nnt coke and 81 f.,.
higher. tout "a" movement tu these ISSUES ,,as
"iin"ut material effect elsewhere. Ran, we're
i"lilT hrm. L4t du'l.
N""k.oad r"ro'ts dpa, mainly wih tho
sustained activity in 'uauy ines Of h,l-..
ness ana CAV" promise % !, further ,pw.s.r,!
i.Niri"i ia prices Of many !ui.strle9 Now IA
BANKERS win forciGu CONNECTIONS w-,.
liTn!aa,.on OF American stock and h6rSs
f"sun az ue Hriuah cosernnNni.s
- Tor exchange wa- pg.iG .rrcga..r
h'HaS W'i. i5tssular "i'h total sHi.-.
tri'eh state resiarorea g. adyancrd
PR ''"i o" '"'' during 'ha week
SEW YORK peee,nbe. ls-Mer,eu,ie pa
pr aI3', Sterlins siH'y-Iay bills. Ett7,o.
9e"Hu", Sli!. cables. i.;-,s. Bar sitter "a
Me&,c1a doi.,rs. ~. Government bonds,
s''Ady Railroad bonds, irrcsular.