Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-12-04
LOW MONEY RATE CALLS
FORTH ACTIVE BUYING
Foreign Exchange ColIapscs 4
Records SO Low as to Become
Bullish Argument.
WAREHOUSES; ARE FILLED
"i'h No European Markets Available
%asts Stores Will BE Thrown Upon
american Counters and Cheaper
i'rices Will Follow.
ny WALL.

NEW YORK, Dec: 3.-foreiEn ~
Soa Iow Ssi!1pzed IT,, ,od G,s, to nm new h 1sS"E hes
m ms 5,aai The res1;, WIS god onT mas
t.ria' net gains showing in cy.:" dc
.1oent and with The final prices
sues. i short, interest Of inlpP-iancc
exists in speculative issues aud !nTcSt-
lmei, issues arc being, bousht frccly
under tho Influence OF cheap money
Tor, renewals today were b .1er cent,
and money wa2 offered Il. 5l-2 late
ia the DAY.
the I'M" panic Ii u" Of 'G %ossm %9"e +. rave Whe si"f i,
Went t. 50 pcr cent. peccmhar cot
tween the states.
t., SiGr!ins S 9To5e = ss5 j.; ana f'saes
ish on til. stock markc, because thcy
mem that there Is no present nopr Of
Ills coGnt uon'''? Thar 20 h1rGne from
houses ,hat arc corgsd wi.h coromo-
lilies spcculativcly held for foreign
account, must DC cleaned out. There
is q nome demand far IN excess OF any
p"salblliiy OF being satisfied b. these
nc manufactured
Lower Prices in Sight.
But The release OF an ,hoyc goods
VIII tend to reduce prices ana further
more ~ VII rcducc the rate q inter
49, ~ II 80 TINT n
~i'ednral reserve banks in all parts OF
nc country viii DO ,blc to make n
P "sssfT shS sTd Zoo Of love rssG NV IN bank
iortahlc. hu; with certainty they arc
- nc improNrd mono VIII rfmain
Only, TO look forward to about three
msrEs Of 1erSousnsss in the money
"nFtfo snn WI MT aiIfe be 1annH nance ! d,si
,hc;c will be funds enough for all The
,.ad,ne The people want to do IN :hc
Plenty Sugar Next Month.
I;cnorts that tho Corn Products
'ornpany MAY. close down several iac-
,,SSf'e. l.r lask Of fn,i did no, s,arile
mere was IL ,h!s was coun,oractcd
ny the bull!shncss in the sweets mar
Ne.. Th"Fr VIII be an abundance, Of
f%ac.ured by the Corn Produo;s Com-
rar,. .he Goa. s,rikSc ftso "f"h hne lo $
rs influence as n market fac,or. :or
ssp.ri' tr9'2 r]ittseursh .yes,eriav
Wo.E IN Furpr!sin.ly large numbers
s6ntrary 10 the wishes OF The union
tho unions arc cnjoinrG from cailins
2 st.riSe and cannot discipline tho men
undmey T.9iat" IN, ~na,ion.w,dc secret
c"S'rch INTO IN regard TO The matter.
Marine shares Active.
incre has been very good |sc,lln-
o. Marine StuGEa tho last Jew davs
President Wilson's recommendation
shsi GOOD rods b. extended through
cpt the country had the effect OF put
NE karret, W 70 AK noints, mos, OF
tJs siso stronc a. a result az his
iiti Toy aid for the chemical COM
%I'nrics. He voad icn, was. of course.
motor. road and oil stocas ,hci. uD-
wata nnvcIreatS. Texas I'll was tho
~;t;onEesi OF ali the petroleum Issues
heihE ono tinc ten and onc-haif point.
above yesterdays close. OF this ad-
a.hGc niac points was held 10 The end
Hears are Comfored.
-. The report Of the Secretary Of ,he
reasur: gave the bears a ltttlc com
!ori hccaiise Il conveyed the idea that
INC government would not participats
an? movement TO stabilize interna.
Jonas exchanges.
Whm. the railroad stocks old no;
E9yanCe the buying in them vas good
md stocks like Union Tar:Nc, Penn.
.E,msRis: e. Paul. Southern Pacific.
Ncw lork Central and Great North.
~ aye otins well taken on the theory
mar The government ogr in con-
nection with the return Of tho roads
,2 private ownership Will DC a vcrv
.!hcral one. 80