The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-07-10
STOCKS ACTIVE AND STRONG
Big Traders Were on Hand

S8 Especial To The Tln1es- ID spa ch.)
S ,JEW#YORK July e.---ln their weekly fiIan-s
Ecial review. Henry Clews e Co. OF N Nay ' Y
& York say:Fs 5Ssi ss5sz
Stocks have st,own$n more activity and more.
strength than for q long period. unqueslion
ably Al larkss share S5ot HIS imprp yernent "
due 10 the political situation, or IN s&othcr3
words Il 10 III tho disappeararce 81 rto,isi
Nngnries from the political arena. The re-
turn to political sanity Is one Of ths most
enrourasi nY features Of the times: the whole.
country sill benefi, by Fl tho change mas
much as d snlo and strong opposit lon is likely,
h u havp q fsalu,ary effect upon the party IN;
power. II II \ Is a long time since political
conditions have been so stable and satisfac,
tory although as usual tnere ars questions
since. NJ bryan s y adTen n the aS country has
been more Or 81 Icxs under tho fear OF If radi \
cal,anl. but this e ppre nsnsion ~ now likely
10 disappear and one ot the most lnsidiols
5und dangerous movements "a IN our ~ pol tical
history has become $ q thing Of the D past.
turber Of confidence finally removed d and II.
consequences American institutions md Am q: \
lean inyest,nents. as we'll as American poll
tics. 3sarc likely to inspire greater confidence.
not only At home, but IN duo season abroad.
Cotton Stimulating Factor.
Sif'' Another stimulating factor was the gov
Sf9mss se
In \ this stapls.s and tho effects or the boz!
Weevil. which last year destroyed sls .oo9. olo
OF cotton, are still unknown stu! the Sn 7
great Increase ok acreage leave NJ very b,s
margin for injury from, these quarters, ! ~
chances strongly fayoring a biz crop IN any
avant q Other crops sare progressing ;qnl to- sat !.
isfactorily, ana prices being relatively hlEh.
farmers Seem confident OF another pro Abln
season. With prosperity In the cot toii.R& corn
and wheat belts such as IL now prom s9eh,,
H. Is perfectly rea sonabl l1tcipat e. Roou
fall trade, and this tsperciAely what
distributors are GENERALLY looking forward 20:
There are spots. PARTICULAR In the ron anu
textile districts, where more Or less .aep res1
sion exists as a result Of conditi Ions IN those
particular IndustrIes; but outs 90 . q thfss
spot Is a hopeful feeling prevail s. ana as p,s!-
ness during tho last six months mas pcfn
conducted upon conseryat We lincs, INC fner-
camille intereHta may be considered as z = =
sound and satisf &c tory. cond tion. Ra ilrond
prospects arc also !mprovlps tnnsmllc "
decreased earnings are less nnd sless
severe, Y while traffic managers nrs Inst!letly
moro hopeful Il In M tiiir Views Tor me s same
reasons as tho mercantile ca sses me e ron
trade. however. Is sstIll unsat ffac tory slS
bad lnonths have already been, passed ana
there is not much encourR ement LOT ne neNIs
ak months, save that condi t!oHs ar are 4 more
likely to grow better than Ewnrse. the chlnL
trouble Ia lack OF orders. enterprls So laying
boon checked while buyers VIII not tako ;holn
until absolutely convinced that prlcns. ~ W
touched K bot tom, something which strenuous
efforts for holding together the various pools
docs not seem calculated to acconpll