Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-11-10
MARKET EXPECTS THREE
IMPORTANT DECISIONS
anticipated That Peace Treaty Vote
Will Be Taken During Present
Week.
SMASH UP LOOKED FOR
Any Weakness Exhibited at Opening
This Morning VIII Invite Heavy
Liquidation and May Result in
Wild Break.
Bx BROADAN MAUI.

NEW YORK, Nov. 9-This week prom
Uses to zee nnal decisions in three
problems that have been Worrying
tho stock market. The first is the
peace treaty: tho second the labor
situation and, the third the money
market. 1t is unfortunate that the
stock market has been forced to dis
count tho unfavorable factors in all
three Of these things at once. ANY
one or them would have been enough
to test the backbone OF tho s,rnnpss,
pull market that ever was devoIoncd
IL is no wonder that the three com
bined nave made the bull campaieners
a bit sway backed.
The important thing is that Tho
market mas not broken. 1t has yield
cd but 1t has always come back with
s. T'gUr that r meant an unimpatred CON
the most severe blow Of all and own
ers or securities look anxiously to the
opening or the market Monday for
weakness exhibited Monday will in
vite heavy liquidation and eratifv the
apparent desire Of the federal reserve
up.
Heavy Liquidation.
There has been heavy liquidation ~
actual stock for the account of big
people and professional traders have
put our lines OF short contracts. The
vance information and are set" for
any.hing that may happen. Only the
piaih american citizens who believe
IN their country and in the stability Of
us industrial institution are going to
ne injured. They are the same unfor-
Inmates who are hit hardest by the
ranks that most of the boys came who
won the war in Europe. The big peo.
pie Will not be hurt.
wall street is suffering a gross In
Of no
ION or the country is outside of the
s ,sot,. market, whereas, all of the re-
, .r,i r.s measures adopted by the Fed
at The stock market only
Many Bales OF Cotton.
IN the South there are millions OF
paies or cotton speculatively held away
Iron, IRON, the market in the hope OF higher
o; copper so held. Cotton and WOODEN
cioth have been bought up by specu
lators in carload lots Shoes and
and even food has been withheld from
Tree market by Spectators
wall Street banker the other day
mus tied up in speculation that had no
relation whatever to Wall Street. All
OF these commodity spectators can
g ,eL az the funds they want and are
banks. But let some innocent clerk or
DOCTOR hoard five or ten shares OF
Stook and he is Immediately de-
nounced as speculator and is rob
Ded with 20 per cent money club.
Says Market Is Conservative.
AS a matter of fact the stock mark.t
IS tne most conservative business, en-
.erprise in America today. Prices Of
stocks have advanced, less than The
prices OF anything else in the com.
Try. II money is to be let out to the
atism Of its use the stock mai AZ
should be the one favored customer OF
the banks. There have been some wild
movements on the stock exchange, OF
course, out the great body OF securj
ties have remained quiet The great
activity OF so-called speciaIties So
nuch talked about now would attract
put little attention in a real bull mar
set. A ten point advance in United
states Stee! would amount to more
man al! that has been done in fftv
SPECIFIES in the last six rnantl,n -