The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-15
ON:|NTENSElY
] 4 A ! /
Market Affected by Rcli1,quish7-
incnt ofsvigorous Support
Of Past Few Days. gi.$s
REC YER All LATE y ! I: HOUR l:)lLJ.I;
More Ruinors Afloat Concerning
\ ST.. Patti and #Harri,11a,, Roads,
y$5Is Bonds Are Irregular.
4,
nv s,dclat5cd f,res, 4

81 (By Associated Press.)
a; NEW u 70 aE 81 August Ia Nj Tile market
for securities WAS too dull to-day to
warrant anything but negative sconclu;-s
aions There seemed to be u rellnq,ilis'llii- y
i ment OF the vigorous support W lch8 mas
been evident throughout the recent rise
Yin prices. efforts 10 carry prices up p
Y wards were desisted from and the market.
was loft to take ca re q itsel 70 y iarge
II extent. THIS was not Without Is scnec y
the tone. which became intenseiy !, aul
81 and rather soy rlie specula ton snow.
" ed tile wan 81 the Gus tomary 81 nulant
which has been administered 8n t5} snort tlft
Intervals sometimes BY II, actual ne w
N occurrence, and when this was LACKING
8Sby dlIgcnt r,imors OF OK pectet 4 q evelop RI
ments, which, proved ever n ore el1e ctly 'e
than tho actual occurrefl ces ASSERTIONS - y
NJ have growtl$Sery posi- We tina { thu week Z,
& meetings ofBthe authorities Of the II TIT II;
n mai, Pacific railroads Will take finite
mellon towards the placing. Of Souther
s Pacific oil tho dividend list and for the
Increase Of tho Union Pacific ~ dividend.
" I,xpectation Ia almost equally well de-
a fined or AN nnnouncementAof st. II Paul
Il fights this week. &S5 These # pee ia tons
Il have been 60 often disappointed In the
Il past that apirtt OF cau ton and az some
degree Of sccpticism has gro Wn UP ana
was reflected In the day opera lions IN
stocks. a Ifs to- be said Of the ma rket.
however, that nEsplte OF the withdrawal
Il of 5&nctivc effortK toward lifting prices
u there ,sas little evidence OF damaging
pressure to- sell & Supporting orders were
offered upon an early decline. and when
r these were made effective, the market
p,x,c ltcal ly85 became q dri fling ma ten
i with the trading almost comp ely Idle
4 1t times. The Recommendation OF the
y executive commtteeaof the Consolidated
81 Gas Company to- inalntain In the present
81 rftc dividend, although ~ q wotild seem
relieve fear which caused recent
I " ea kncss Inv that stock. was gree ted Z by
! decline. Tho Gull 3money market was
little changed, v but asking ra tes for time
4! loans for co and 90 days were raised TO
81 I'VE per cen t. and for I'VE and six months
10 per cent. Prices went to the lowest
I'm the last hour, and then recovered % %
"A the best OF the dag. closing firna..
Bonds were irregular. Total sales par
value. si325, 900. United States bonds 'ltlis
were all unchanged on he call
Total sales Of stocks 70. day were $40 sl 90
Il shares, tE3s
ONFGY AND $bxCHANG GEE CLOSE:
R Money on call stendy. 3Sa4. Ruling rate, I
si-s;5 closing bid, 81 81; offered. 3. Time
loans. strong and dull h. sixty days, IL
u as; 81 days. 3-4a5 /. six months, s. S-td8i
6s Prime mercantile pm per Il 2dd per
d cent. Sterling exchange, lrmer. q t =. $3.50
II for demand, q nni at s4.sis5 for alxty-d
bills. II Posted rates. 1872 1-a1A. 50 and
,4.s5 "a So. 4 Commercial bills, s.s1 1-29
Isl s. 81. Bar silver, IS "a cen ts. exica 2
4 dollars, 30 lie G nts. f4ss 353