The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-05
FINANCIAL NEWS
AND COMMENT
Stock Market Liquidation Re-
fleets Criticism Of Recent
Speculation. .
OF TRADING HOLDS

Response was Enthusiastically made in
the stock market yesterday to the very
general expression OF criticism from in
tclligent quarters over the week end
directed to the reprehensible features
OF last weeks excited bullish demon
STATIONS In the share list. The session
had a selling character from the OPEN
ing to the close. becoming more pro-
nounccd with the progress of the after
noon and for the first time In more than
a week absorptive capacity was at
least temporarily overtaxed. Through
out the day there was manifest com-
mission house liquidation inspired by the
conservative voices raised against over
extended participation In what might
turn out to he mere gambling plunges
for the rise In stocks, and encouraged
by brokers who have been anxious to
see some gathering in Of substantial
profits showing In the accounts Of the!r
customers.
Total dealings were on al undimin-
ished scale Of activity n the trading
in the forenoon contained a large
amount OF new buying which per-
United heavy realizing. Despite the
~friendless plight in which the market
seemed TO be placed by the ~denunciatory
comment on It's gambling aspects, a
large assortment Of Industrial issues
80, - 49,. ,,,,S 1t. i...i. 49,.
,h.n, v,.ro is'Chaimars .rarican
r,n cnnor,, Nntors corar,, Eioctr,c
V-a.,n.hnn. lNao,r, ca ,n,u,, 10,
Aichohn, Tho nnu,ard r,n,,.r,.rt wa.
NO, s,.,,i,od hu, oyo, In tha afternoon
u.h, tho ,narLa, ,,ie,aod ,ros, .ha rniv
o. nrsssnra , 80 d.a, % .ysr.,.tv.
s,re,y,h uo. d,sn,ayea bv orious
de,crIn,iors
c,nners .xhihi,.J ,pdsn.pden, arm.
ress ana n row ,,nturr was star,sd in
Tho oils 4, ,hs arerroon ,oi,ou,,n,
d.. con.,ic,o,s ,.av,nass q, tho sore.
moo, In, II ia M, Mold a,,housb n
mo-, h,yo .,,o,c.d IN oss,s, rnr,har ,,ou,.
W. +, ,hs ,nSna,r,a, aanarnan,
r,,,n "aanaa. ,sp an,m,nr
" "rs u "'aN 60 snm
"'"'"', So - v """. 80
~eIt nr.su,a '","ei nan
o""''"aru anu ue'ilhes were "o' ou' VI
proportion 10 recent advances ai'houkn
the appearance or the AFTERNOON hlarke'
suggested a stage OF Instantly winch
might develop INTO further reaction
or such a market II may be said ina
is underlying position IL presumably
''Nt't "i'Ch 'u'HN'is N,'" ~
he nobody TO say n good word for II
than II IL were being universally praised
and commended. Moreover. the markets
structure does not UNDERGO Impairment,
but the contrary, when indications are
furnished that the public has taken note
of advice IN moderate the TRANSPORTS of
its h,ste T., get rich II will IA. inter-
estipy IN 500 rho ,,,tcon,. NJ all this
fo- 4, mig, no rauemi.red tina, CRITICISM,
NJ, ,io,e,, ,oa,ur.. NJ rac.I,ss s.,ecu.
I,,tar a, ,n, n a.ni,, ,ha, iarys
,un,ho. -, ,nr,ar,,,ons ,,y. hoo, COR,
,t'n ~, uanrtnt -, ,.ar,ah, ,rns
- .n,.-, -
- - =. -" go
az w" "aI -" "
= s'"nee o'ch"a'" over '"r reco'u y
'Hc se'r eno"s 'ha' '"e'e "aNe oee"
hl'ns pioois Vi r"p'u eAp''H'o" vi
i'oh's ~ many lhes anu e''uen.e
u's'u,s ia eoiuI'iohs ave ueen eStao
ilsneu WHEN eohuuee 10 h.erprIsin
unaer''kinss IN sesteruas "ews
which pore On MS suoJeGt was '"ee
"ec'aIa'oh OF an extra u',Iuthu vi ~
ger Te"t. ~ e'oVN Oh inseI,''lo"a
,,,Vhei' an ihNr''Se oi th' u.'.nenu W
mann 'oP1'tr ''"ih '"e rue vi :" yea
10 - Yea anu we t,cep''mNC VI 'hV
~res'sh1.lon o. we pFes.ueht Oh 'he Jar,
n's', See Nonhp'"s W orCo"'e nea, V,
'he h.uNa'e s'eei 'oiiip''!' So"''oi VI
"nl'h mas JUST PaSstu mo ne" I'anus,
fo' a Stoth n''rhe' "nic'l hau eiitIt'u
80 muCh wen heSe''ru ~uisapPFo'a 'heIe
SttIlltu 10 ne u Sltlhlls lith vi StUNI-