Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-01-30
SPECULATIVE ACCOUNT
AGAIN ASSERTS ITSELF
1t Ia OvcrcNtcndc,i, and Declines
Ranging From to >
Points EnSur.
ONE CAUSE OF SELLING
Conservative Brokers Say agitation
for Increased Taxes ON Wealthy
X bringing Many American Stocks
to Floor Of Exchange.
Is, nso,nA> WALL.


SEw'YoIN January - III" weak. over
~ an,rh speculative account again rcaN-
SritrI Itself !u tho stock market Today ana
h"' lines ranging from t" ; points ensure"
The mtNimun losses were -'"r"" IN zen
"rcciaiti"- nS Cuban American sugar 'n1,c'
Stn'"s Industrial Alcohol ''n' r"N"S . ~
ra"N.J rho "i"." Was weak ""A 't"""h '""
Conservative brokers dc'i"r'" ,","ay 49,
ih' offerings bad &" deeper formulation ''l"t
,',c u"r" s.,;n. los professional shorts. ON"
broker said tho growing "rt,nti"" TO- IN
creased t,Nntipn against ih' wealthy ~
causing many wealthy men 10 di~r">" az
th"ir holdings az American r''ir'"d stocks
Ihis. in addition t. I'll" steady foreign sell
!nr, accounts ter IN" pronounced weakness
Thc narll". "rcucd i,r.ruleily VIII small
throughout tho list. Broker 'cp"r'ah Ner'
mn" ,otnnuu Tor hare. >" th,t "i.ring.
.au.cd furthor 'e"es-i"n~ To- tho lowest for
,h- movement. Inward III" "ld "' n"
lrs' hou, there Was slight 'aiiE due a."
hISinE Of shorts. iut thu wa f"Ilowe" by
another weak spell. 81 whi'h IN" l"w"-'
rrccs for this movement wcr" established.
Sow Haven Vas one al the h"ft"+t spots On
wfsist'ri report. ih"t IN" '"mp.uN ~
'oT.iIcrinr the i-su.n"" of from ir"'l h"
l.''Ii"'N h"N" priority - :" "iNlleihs over
th' present shares Tni- Induced seiin- a.
w,S Fccorcrc, before tho cuI pf N" s.ssiou.
several brokers informed tine wfi'er today
would 10. Increased by "ncrin=s from Ger
many were u not 70: ia" Restriction. ria g"f
Ay Great Rri,ain on the mails 'rh" "rii"r
Is Informed ,hat "no nrm with Geiruln at
hl,r'l"n' MA been trying tor some 'im" -
ho 10. tor witch s-c Bs,I!n TIL, &:n
recently disposed ~ $50 shares Of Penn
'yiY,us hui bcin. uu,bio 10 deliver the
certificates un,u tho Restrictions On .ii.
mails ere removed. II mad 20 put uT other
shnr-~ yith tii. brokers e. ."Ila,..al -
'hc t'm ha- iu.i. stocks to, put -.
collateral against ~" sale "i n. JT,p -hsr"s
NJ fsnnsyiNnnia ana -. ~ 'num"t deliver
h. st.rsi FL. ' ~. IN.
them,
Ho',y Green IL n"w mentioned IT, W,Ii
r-,'Htiy took part 81 tho S2-.~fp 49, %-v Yur.
'ia.' "onus from the Fir-r National E.ut
hirn pat In the highest all uT uoic" hid
~" Nrtei earns ih"t "cr,stn WI; Sit""'
uHrk"gs are g iuE 80 riar" - on 90 WorIi
rilm honos 81 =; rhc n"nds con "r,thle
my" World rilm stock - -.
ial'"a" "arniUs- -r.'"r"rrs continued
ported ;cr D"'"mbrr hy tho = "aut. mil
.dclrhia ami Recalling Wabash aud 90
,''di.n northern. President Hnnnairrd n
~" Nor,h"rn i'triHo s.Es he January ~-.,t"-
mont for thu. road vili no ne -, 20, any
'tmilar mont' iu the history ~ IN" com
PAM.
>;W YORK January :. Tie w""k ondea
much N" ssr'" 1s 3, h.gan. vim e" .r"e,s
i"e'l" r"sistauc" 20 furth~y professional
pressure. p"aiings ncro Unu.u.il. ushr hut
D-'liu". ',uG"n FROM u" NOR. man /,
r"iu'e ;u r,tis While o0ppsrs m! mlni'i"ns
""'h''H"', steel st "u" tim" shoned los.
~ On - d"citr" :" 'ii. hur -"r1verl To-
'foN ih" onu"i losing "a, ~ r"o.n, lo,
rf''' - 50. Ee; los. "t l'- r,h"r mar
s.' II. H",' w"r' - .rN"s' prizes ~ ~
tor IN" cnrrcrt mo"c'n"nt.
-" -" 'nii'o" 'N"r' w"'' -" d"veiop-
- .u renew : %; upuTs n"rsir1 growing out
~ 49," relation, bstv""n wa-hinS;"u am
- Iip. Ard some possible tension ,yi,h cree.
ont