Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-09-17
DISPOSITION TO AWAIT
PROGRESS IN LOAN DEAL
Reflected in Mixed Market, Spccial-
ties Being Firm. With Standard
Issues Selling OF.
FOREIGN LIQUIDATION GOES on
Buying Power Is Early Exhausted
and Offerings Result in ReCessions.
Rumorcd Attempts To Boycott Nn-
glo-FrcnCh Credit Has Some Effect.
nY BRoAD,S v.l.I..

BI BROAD,S MIL.
NEW YORK september l6.-Financinl-
dom showed disposition 10 await progress
In the loan negotiations to-day. which was
reflected i'll mined market for stocks
Srecialtics ware Hrrn. but the standard rails
and industris,s were inclined to soil off.
Foreign liquidation continued. but in much
reduced volume,
Announcement; by Ambassador Won Bern
storm that Germany would sivc the United
States satisfactory reply III t"o week,
encouraged financial interests ana the mar
kct opened strong with gains ranging from
IA fraction to a full point. Rc;ore The end
OF the H.st hour. however. ,he buying pow
or seemed exhausted ana offerings resulted
in re-. ssious The ruworcG attempts to
boycott tho foreign loan had some elect ,
There WAS less pressure "roun" noon and
RALLY. hut IN" recover! WAS "n.! SinaI'
closing prices being near the lowest Of th29
attraction IN ~" .tsi h"Gi. i"ue!'nt i new
inc nuyiu% ~ colorado l'uo! was so NIX
oru.> tuat It's total turnover "Nc""re' tn"
~tereeaie transaction, in steel common,
winch H. extraordinary. The stock advanced
,r N -i,iaors That control OF IA"
&C. lpAUy had been purchased at zoe.
sa ra ny Tho oUronts FROM the Kocke
fe .-S Gossip also hnG a. tGut the com-
raus Vas to g into The much npoted gon-
b:utNo" az ihc Bethlehem steel and the
stauri,teG with aGy facts
va 9e.ii,a.i Min e.,ne the rh.ei .rsh.Srr
ot tho shares. In tn" latc afternoon II MS
Stht'- good sources mat there were no
n,e"ti"ttons and had not been any with
N, Io N"tcl5crs looking TO the sale of con-
tn. of the Colorado Fu-i. Although 10
confirmation OF thv ru'no"s could be had IN
otter sources. the activity ana strength OF
tho issue Mas pleasant; surprise TO the
profess .onals who axe always w..l:ns to
the. SHOW signs Of GOING stale
,.t- -ha HA-
e.r.."s SHARPLY and The latter advancing
!! potn,s anu closing at tie top Reports
CL"!ics ". Scawab is the largest Individual
sn''ca"l-"r. would shnr" with the common
fe...t"U IN selling NJ The common and re-
inN--,momt "i the proceeds in the prefer
VI est!nshous- continued strong AND a,
oil" time sh"Nsd Ea!n OF NOR than "a
,wo4i4 I've placed on a 6-p-r-ccnt dividend
haS.> when The directors meet "Wednesday.
ar liking o. - pr cent. eH, THIS us is no,
taken seriously vim the stock paying
pc cent year ana tl.e convertible bonds
p"ynS per cent insiders ""no'r that
the con- "r,mc Honah"i"crs Will rapidly
eliminate tho bonds
the accumulation OF International M.r-
camille Marine shares that has been sotmE
on Tor INC last week came :" the surface
to-'.nN when the common ana preferred
shares rose sharply on rumors tina, III"
Te"rrariz"rs had '!'ei""d 10 cl-hInats the
s. >" shHr" assessment Nhrl caused 80
murt discussion. these run"ra however.
wee not continue! until the close Of tn"
market. Which official confirmation was OH
tainrG the shares continued in tn" curb a
prices ao"ui above IN" official closing ng
was The minority shareholders, VINO have
been rsntins against the assessment. CON
sio"r the eh"HHh'.,n a.! III" assessment Il
parun. vict"ry. ana will continue their
fE". for adI'tonGi c"ngessi"ns iii tho Nay
more ne" >tnCk and bonds the new
To- Np"ny that outlined the reorganization
"rr General Motors Company director. nell