Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-23
VERY SMALL DEALINGS
FOR F|VE-HOUR SESSION
Despite This Showing, Stock Market
Displays Firm Cndertonc
Throughout Day.
OIL SHARES ARE CONSPICUOUS
Coppcrs Also Reflect Bullish Senti-
ment, and Better Tone Is Mani
tested by War Shnres-No Activity
Expected Till After Thanksgiving.
ny RROAnA\ WALL.


NEW YORK. November -. Although total
dealings the smallest FOR any 'rc-h"Ir
het displayed a FIRM und'Tt"n. to-HsE. ~
shares were conspicuous FOR their strength.
gasoline. The coppers also reflected nulhSn
sentiment. based on an additional advanc"
IN the price OF cope. metal. better tone
wss also manifested hv the war shares
Initial prices showed litii" change from
Saturdays closing figures. fractional losses
md gains h-iuc distributed 'hr"ush"ut th'
after :hc opening and standard issues al
yancrd an average az point oil Ehar"s
were pror,iu.ut in his movement tctivtr'
IN them ST hiche" prices being nr"n"nncrn'
sionai n-nr. of,cr-d shares an around the
room. their ."lliur causing a recession War
stocks were aiken IN hnna Anr,nF ne
ir,part enthusiasm to the general list
which was dull ana inclined 30 sag during
the afternoon. NJ response was felt in tn"
.narke; 20 tho favorable trade figures Tor
~ tcoer, aud brokers de- not expect any &C
oil shares attracted a.tcrftion Throughout
for their activity a"n s;r-nfth. Cahiorni;.
Petroleum prcicrrei Touched NO" high
price tor this movement - did FcNrS com.
pany. Associated OF assumed leadership OF
this srogr In the nl;S,noog aHd Ilos@n % IN
issue advanced. notwithstanding hc"Ny sell
Ing for the accom-, o: san Frnn'i..." .int"rr
the price Of crude oil was largely responsible
for the improvements in California Petroleum
common and preferred.
Copper shares responded 30 :urtrer in
crease O. &c in tn" price OF copper metal
Greene Canares was taken in hand for the
first time, and advanced nearly points
Buying OF this issue was also said TO he due
w e ,Ss " has ' it, pT"pcrt.s
owing to tho plcthor ri money and gen
srai demand for securities there is rush
derwritinEs. A mcnbc: OF tho ST. Louis
anc ssn Francisco rcorgani2a,ion syndicate
James Spey,r x Co. are The reorgan.za
ton managers said today that tho under
standing That the subscribers do not know
the prices At which they are subscribing TO
the rev securities.
AUTHORITATIVE. Investment bankers declare
that the demand tor bonds while excellent.
IS not quite a. unreStrained as week "r
two ago.
New YORK November .2-psnlines In
stocks to-day marked the low "bh of "nN
afternoon there Mere long stretches of alb
so!ute apathy. whe' former iavcrites We're
Domes;!o pc;i,y was q factor in Tho sense
that some discussion was INDUCED In con
!otinT"m,nE n-ssaE" y" congress more es-
pee iaHy tho question ~ national defense.
Wall Street expressed the belief however.
Cha; !" leEislaiion ininsic-i to legitimate
business would DC proposed.
tive calculs lions. the Balkan situation being
considered from various angles. cree r"'s at
uiude toward the allies wa. again tho
source OF much conjecture. London sol!
VERY moderately III all securities, hoth -;
home and here. but exchange on the Brit
iSh metropolis was virtually unchanged
Metal shares afforded the chief diversion,
o. the day thar group maniiestinc further
strength on the 2rC quotation Tor copper
buegenhclm Exploration rose lis 10 the ucNy
cCord Of ,"N.. Petroleuu!s wcr. substantially
higher for much the reason various
producing companies advancing prices. Texas
company rose ~ 70 tho new record OF 2Di;.
nnH Associated OIL rose =. % ga. Motor
shares and the recognized war issues v.r.
20 points higher at their best Ancrl.au
locomotive common and preferred being
Erlr+d ny reports a! additional large CON
lr"CtS. United States Steel was SiUErIsh uuI
betHieEeiN steel Was not quoted at ali ruus
were aekWdrU throughout with su,I.I.n
weakness ia New Haven toward III. .Ins.
me stock falling q. 10 "a Final prices wer.
irregular TO heavy
Baltimore and Ohio Tor october Reported =.
mex gain or f.02oel and l.-h!sh Valley
increased t. nHt hy sll6.pv
The only unusual :entug. OF tho firm bono;
ma rk"t was a irHnsfer OF 81 600 Gao Ir,i,.,i
states registered per cent bonds IN on.
10y al s''s against previous qantation OF
~. Total sales. par value agsrnrntc,
United states registered Is we're =, PEI
cent lower call
NEW YORK November :. -M.,car,il. M.
hC'' "r5'.. sterling, SINty-day b.lS g, 40.
'"F ne'n"nd EiG:l0 FOR cables. s. 1y3; Bar
S.tNtr' ~ M"Ncnn dollars. 80 Govern.
,,!,n1 '"inN' easier. sixty aud ninety DAYS
'.4"2'. sN months 2'.T2 cali money
steady ruling rate. IT,.