Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-13
.F|NQ MANY FOREIGNERS
SPECIALIZING IN STOCKS
All Nationnlitics Represented Among
Those Stalking Money in
Securities Market.
MANY ENGLISH SPECIALIZING
barge Nutmbcr OF Bankers and
Brokers Who Once Conducted
Business I'm London Located Now
in New I,uil'S Financial Center.

NEW CEiGk. Sept. l2.-StoclS Spccu-
slation makes strange bcdfellows. At
Siio time in tho history ot Wall street
8 has there II cen such diversified mum
SPECTATORS ~ tho financial district as
II one, were 2,sermitted 70 glance over
houses i'm tha Wall Street district
names indicate ng the birth OF their
owners in Al Hr'T OF Sne ,S'90' rn lr9ih
thus showing | hat tho lure OF stock
speculation does mot discriminate when
ii comes to cree H. color or nationality.
The crowds that gather in the GUS
toners rooms OF the large commission
houses are usually largest at the opSn-
ing or the clos5ns OF the stock market.
II is at these I: 1r,"s shat ono approach
ing the ticker MIL find mon repre-
sentinE many foreign countries gath
cred around il, n group. all seeking tho
equivalent OF yoid which is recosnr% Fed
as the whercNvithal in every country
on the, face OF the Garth
Au Cia~. rs Represented.
1t often happ ens that one of these
foreicners moro forward than the rest.
and moro cSperie need IN can IN ms
are yeeled OF the tape The gather
ing usually includes JnnaneSe7 ira nmp-
Ea rnTs GeT nnn,sis ,a ,i Shanimnn
These Spectators. unlike the Aineri-
cans, display an unrrsnai CURIOSITY WIN
favor and the businesses done by the
concerns the shares represent They
gesticulatc considerably and arc moro
snecul1tou They arc also loud in
their connrncnt as to their opinions
nricos and do not hesitate 10 voice
their feelings regarding the jus7 Inca
ton of break or advance in quota
Prior To tho war a newspaper man
in the financial district would have
been SURPRISED to see a Japanese in
,r,ie
American securities bun now 1t IS nor
an uncommon sight In fact. most
a Japanese or two for customers. In
vcstEation shows that most OF tho
Japanese Spectators IN the NaI! street
Of charts as indicators for their pur-
chases or sales of stocks
English Are Specializing.
There is also large number OF Eng
lishmen specyllating in Wall Street
One American banker. who mas cutie
AN ccQu,.intanccsh in England, said;
at is unusually noticeable in The IL
nanciaI district that English operators
who for years were content TO deal
in American securities by way OF Lon
been in business more than twenty
FIVE years and c.rn say that there
never was time When Wal Street
brokers who formerly did business In
London"
There has recently been much talk
bitrage in stocks between New York
and London. but persons il q position
To know said this seemed highly inn
probable even If conditions in the for
eign exchange market were more ia
vorable.
This opinion is based on the fact
that when England declared "A mora
forum at the beginning OF the war
il was stated that contracts outstaud-
ing - that time wo.ld remain open
until one year after the termination OF
the war. Bankers say here that un-
Tess these contracts are adjusted no re-
newal of arbitrago dealings in stocks
between wall street and London may
lie expected.
The presence II so many foreigners
IN the financial! district Is due 70 the
i3ct mat America is the only market
strained at present