Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-12-09
PRICES TREND DOWNWARD
IN WALL Street MARKET
Traders on Long Side With
Profits Begin TO
Sell Out.
FORD TO CLOSE ron MONTH
shut Down Partly Ito Take Inventory
and Partly because business ~
ilnd-inrt> Makers ordered {" stop
Shipments.

Hy IL. J.. Durnu'n.
NEW YORK. Dec. S TOdny'H stock
rarEc' was apotty. with thc price
trend downward Professional traders
- "urDrcd over y"st"rhuy's success
iia.mmertne down st. raul ana
started ia today on a broader scale.
For the time hrluE TIA" market APP
pears top heavy ana trader. on the
long Sida with profits ar. selling.
't" pi"ou uf news that reached
having q depressing Effect on I'll"
Si"rh market. vas that the Ford
plants yer" planning to shU, down ON
December O.. until after January .
or perhaps for "A month. This dc
cisi"n waS reached, II WAS stated.
partly 70 tax" inventory and partly
b"rausc business was poor. Con
Germs making parts. IL MAS stated.
"r December ~. : scar ago 'h" Ford
plants slut down for similar reasons.
Way Pass Dividend.
Nor" talk VAS heard today regard
irG to" dividend prospects ~ Chan! E
."r ia Wow Of Ia" action taken ~
ibe Fora piants. predictions w.r"
made today that the Chandler d!vI-
oorit would b" cut or passed In
the best Informed quarters however.
I' IH s'ill hcll"."h tnut thu regular
quarterly ! l-2 per cont viii b. do
'.Hr"d next week on tn" prospects Of
.rt'"r business next year.
AJAX Rubber WB- on" 81 the stocks
3" snow am advnuc" IN Ia" carly trad
ma n is understood from trust
worthy sources tAa, this company
l.- arranged FOR all "f 'n' money
ard LAS hroE'n away iro'n certain
financial Interests mat wcr" in favor
~ rratjustm"n'.
Car loading On tho railroads Of 'hc
country TOR tn" week ending %u-
y"mh"r which Included THANKSGIVING
Dag. Amounted to Cs5.sg" cars. = do
orrat" Of mesa against TIA. previous
",rE From th- recent wc"Niy u"
te railroads FOR November VIII rrt
- as good ~ thuSc Tor october. For
'hc month just na'ncd tn"r" was "a
good deal Of ruSh business In arfiri-
cali M"n-, Advances.
Call mUuey opened todu az 3 and
then aiyduc.d 10 IL The govern
nsu' l.A (lis.o0u,0y0 interest ANA ma
Wuich $4,000. 900 VIII he drawn out
w blanks h,r,
At,orucy General paughorty an
urun"ch 'od"s that u-Nt week h"
Boston TO do,"rmine IN" rON~rnln"nt=
rrN". regarding IN" tgr""m' ~
reached - tn" Ncw !iavcu ANA ~.
Federal court ~ 1914. whereby New
i!aN,u was 40 dispose Of !ts troll,y
ui1 st'nusinp Lines 10 ,"Soap- urps,-
DEt.on under m" suii brought hy IA.
soy,rumrut FOR Notation OF the Sh.r.
man act. Th"S" properties. that u.s.
'h' "h'9 MT already Sott. haN, been
f 'l' hands OF trustees. with Con-
gU'ss uuw ii favor Of railway ucr-
gers. tNat g. wh.r" ;h.r" is 40 re-
>'riy'iG;. OF competition. tho govern
m,at uay rhunge its position ia Scw
lIuN"u.
tn Copper circles (, was rr.dic,,d
tuIn tta' a. least thr"- m.rE"rs al
aopp"r companies would take pIuc,
u.Nt year.
'rrp unusual dividends wc,, de-
.."reI today The Mou"u' EHlroai
b, stared J-s per rrut on i'~ conn
wuu iocE TIA" Hrst dividend since
Jun. 90 1870, and the Southcast. Yu
LNpro Company. Which is controlled
Dr. IA, southern EJilwa? and allied
Il.-. declared ON" oi 4.,- per cont
IUa looks Ike tho company last
rtWcd Was acrap.ng up an or IRIS
e,i" PENNIES. But II WAS explained
'an' 'hs dividend was FOR ,Ar eight
month %; tn" Var .uIod with D.-
,ruhrr 80. and That IL was at tn, am
uha, rate az I per cont, Southern
i.ull"ay directors met. but did no,
even discuss resumption OF dividends
on the preferred shares.