Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-20
RAILROAD SHARES FAIL
TO CONTINUE UPWARD
Easing or in Quotations Is Distinct
Disappointment to Wall
= Street.
COPPER ISSUES REACrIoNAHl
Action of Steel Common in Holding
Firm Causes Favorable Comment.
Trading Smallest for Any Five
Hour Session i'm Weeks.

MEM YORK. November r. tai1df" OF
railroad .hnrcs 10 continue their nrrard
movement was a distinc, disappointment 10
&. MnM street wirh uricn Puothc ard Uric
thc leaders on rhursdav 1t was thought
that they would continue I" lead inc i'il.
upward bat considerable stock Vas met ~
The high figures. This together with pro
fcssnuUl offerings. caused an easing Oh
In quotations which continued up to INC
close. Tho action of steel common ~, m me-,
Ing firm caused son" favorable conhrn''
Copper shares continued reactona'Y. not
withstHndiuE better prices FOR INC meta.
oil stocks were strong but tn" war stocks
. Tho market opened irregular with small
,nro,irhout me lis, Rails wcro In fair
Gcrrauu cnrIS H. ,h" session. but tc or
rsrs continued to show tho effects "f r"al.
iDsng Trading was Largely professional
throughout. tho weather doing much to k"er
.lown tho attendance AZ tho commission
pronounced IN the afternoon trading. nnd
nnsi prices were around tn" lowest '"r
Trading was THO s,nalDcs, for "ny &c"
hour session in many ""'is Brokers Dc
rnr,cr,atiy. -iil .ho speculative appetite
h,G boon satricd nnI tina, the uurhc:
Although ~lcol ,nn,iu"u ala no, shnw
.isit "f streurth. it did not disrlnv any
torts tina; lors" amount Of stock has h""n
marketed iruN - 20 :. Tho steadlnoss Of
this issue was undorht"ilH due {" TIC Opt
mtstic rucsScs ~ earnings. Street E"eS'r
said to-day that owing 10 tho high prices
ans premiums hrtnE received business earn
from SO GRO ON To- SEQ o1n coo Il, tho Scpt.r,,-
hcr quarter. earnings which wore estimated
a, from 100000 To saOOnOoNo turned out TO
Large producing agencies reported An In.
" ' n'nanH '"T corner nnaT'' a',n n
bistincrs Securities Corporation stock war
in good demand. and Mt one time showed
gain Of 2a points Most Of this however,
WINS los, In tho late afternoon recession.
director whom questioned on tho prospect
'on a showdown OF earning, n" stock
tiy'iord. hu; ! hope that such talk is dis
C"urarsd. would prefer that earning u"
r'owrd back into I'll" company until IT is
IN" statement by .rnmcs j. Hil, cmaro
tu!'d"r Of tn" Northwest that he looked
adorable influence on stocks Of tho NORTH
western roads. Mr.. nm added that tn"
Great northern current uhtic was |"r'
OF tho current, month was about slcijcfo IN
excess "f last year. notwithstanding in
tinrcd to rise Second rrndr. ms wolf
high grade issues were In demand around
tor prices.
Ann MARKETS LEAD u. ........
tr",nc inertia which overlook ;o-days tad.
Ing in stocks no explanation vas v"uchsnf"t.
"iher thhn the; ~" market had gone
ting that professional az we'll "a puAri,-
interest had heoom" surfoitod rrr 1.-Two.
anil that nov conditions ar Developments
wore needed ~ imrart fresh energy Total
dealings were the smallest ~ any fll SOS.
sion In about two months
News of tho day was mostly constructive.
Or fnvoraNle, ranging from additional on
'"uraEinr trad" Hdvio"s to huge gains In
mHnd sterling 20 tho highest rates attained
since the carly part of October. Francs
national monetary situation. rs whole, is
materially strengthened 10y tho completion or
al details Connected win III" ucw supple
iu"uinry credits.
rr'r" changes at -" opening were moro
Irregular thin usual. although railway
shores w@rc again iu fHir demand =, mod
c'ai" r'iuS Other Issues denoted he.vInoss.
wtr shares and corf"rs, uS VOL ~ United
S'stos steel h"Iur under rrnsvrro which
mont "a" noted at midday. mainly a, 4
result ~ = fp!ri'"d ris" IN General Motors.
"hi"h r"-" points {" q, 4 now record
willie f"N"a company gaiu"I 10 q, ia to
-" ""rol"rfi im'nt Of another lie, or price.
IN ~" afternoon values foil away vrca,I,.
~" r1NNay lis' Welding AN i's advantage
Bethlehem stool closed n, ISL "A ~, r,f,
81 point General Motors declined to ,2i
g not loss ~ 10 whil" Sipd"tak,r aud Bald
win Locomotive were among the weak nac
ou Tho known rnovcm"u, of local cash. to-
morrow s'o'"mcu; IS c,ncc,"d to SHOW -
gain OF 5000" ~ TO '5f0oOco win Tho
iiI.n ' ,r1sin 'r 'q r nnnis were nrm on
81 G'h ~. 4 '' ~.
y"'"d s'a~+s --eEiSrer'd 3 were up :.
NEW YORK November le-Mcrcantu. ~.
t". #@3'. S'"r.nS. sixty day bills s4c5:
'Gr d" Inna. 'i"'ih: for caho". st10., r.,
silver, 'l-,. N"XIoan dollars 3n,. ,'ny"r,,.
n"li h"nIs r-n Railroad bonds u.r
I'm" lonrs cnsv; sixty ana rir4r 49,
-lN months @.H2. Call money. s,onai.r;
ruling rate, y.
BOND list