The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-09-24
some renewal OF speculative. interest III
the commodity markets, WHEAT rising
sharply aud corn closing 3-8c. higher and

I soma renewal OF speculative. interest III
the commodity markets, whe,t rising
sharply and corn closing a-Sc. higher and
cotton advancing 1-4c.
In the last half hour OF trading the
stock market became very. strong IN all
branches, with heavier dealings and gem
eral advances. Under the INFLUENCE Of this
day were scored. The market closed firm.
An attempt was made to hit Ana ga
mated Copper by bids slightly above the
regular rate ;nt for the next dividend on An
Idea that a larger dividend may be ex-
pected on Amalgamated Copper next
month.
AtcMson, Union Pacific and other West.
ern railroad stocks, an unconfrined report
was current that large block of AtchlsUn
has been transferred TO Standard OIL .in-
the Western railroad situation would be
centred IN fewer hands and that 1t would
strengthen the traffic position. Rockefeter
Interests already. predominant In Union
4 Is ST. Paul: Some thought il might fore
shadow a deal In St. Paul and AtcnisoA..
Ontario and Western disappointed L ose
who expected that the rise which beg n
strength of an expected small dividend de-
claration next week for he purpose Of
\ dissolving the voting trust. There is now
less certainty that, more than o1le div
luSIluff VIII 2GUc pllu. HCTe WAS ESOluS
curiosity as to tho terms on which the
new securities, which are to be issued to
( capitalize expenditures for improvements
will be sold. This. 1t was th,usht, Will
Is Justified. The stock behaved mtIn as
1t has done on previous movements. After
a sniart rise 1t fell back and rested, 50
that too large 2 speculative following
would not accumulate. Some were local. g
for the upward movement to be resumed
next week. just before the annual meet
Ing, at which Important deve. opmenls
are expected. rs.
preferred and of American Tobacco Us
#(when issued) was attributed 10 d DIES re
on the part of the interests who offered
the reaFiustment plan, to induce Consol =
more favor on II. There seems to be some
profit taking going on In the bonds mem
The strength Of various S ,uthern issues,
Southern Railway common seemed TO res
flect5nothing more than the use Of these
stocks to steady the market Vague re-
ports about Louisville and Nashville were
dividend 70 s per cent. Is generally cnttr#
talncd, but such an increase is believed TO
be some distance OFF. 90 ~ s35g VI 5g
The Sub Treasury to-day shipped 200, 900
to New Orleans and received $l9o, OGO from
San Francisco for local banks s} 4f
8g Stocks were quiet, but firm In the la O
trad ng. with noteworthy strength In
Union Pacific, United States Steel rre-
8ferred and tchison.i, Reading nlso showed
some evidence Of accumulation. The
weakness Of the grain market In the early
morning was an bear influence t
Y Forecasts of to-morrows bank state
iment received slight attention, at being
common belief that the depletion Of sur
plus reserves would be mucl, less severe
than during the last two or three weeks.
IT. was felt hat loans should hive con-
5tracted somewhat as a result OF the liqui-t
dalton In stocks this week NJ i55 gSS
NJ The volume of transactions fell off
sharply during the morning. sales icing
fully a third smaller than yes erGay.8
Prices moved ii1egularly with some de-
clines and some advances. The former
animated for "a time. Towards mid
day the entire list hardened a little 8un-8
der the lead Of Union Pacific, which gain
crossed 100 as against %, yesterdays
closing lgure. Their early firm features
were United Sta tesH Steel preferred, .Atch-8
ison, Louisville and NASHVILLE and At
lantic Coast Line. The mid day recovery
looked very much like previous ones this
week-a marking up of prices on tie
SKIRTS byfprominent Interests so as to get
a fresh basis for profit taking. StocBs3
were helped by. a smart recession In wlea t.
and corn, after ca rly$ tlrmncss in tire
former General news developments were
light, but Improvement IN tho steel and
l'g Iron trade gave Esa tlsfac ton. H