The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-19
STOCK EXCHANGE
S1l.L|...lF'.E|:..V|.[|:.RI|.S'|I.H||||..
Market Confined Under Elcctri
tying Influence 81 Increase t1y:;lt': 5''8.
Iii Dividends Oh sPacifics.
The TRADING WAS ENORMOUS [: r \ /
:.Activc Demand Held OUT Until ,t11s
End and 8Adyances,WN''. Was IS! 53s
Sustained.
4 i .}Si Il.
IA n, 40 10 F7g3lIfIiI7li
SY7vIA sSociated press.)

a
~ NV YORK. August 1s. IT fc stock o.: e.
ma IKE 4 continued to-day, under the elec-l
trItyng Influence Of the Increased CIV,
dendy on Union Pacific md sout ~ fh-
c,fIc announced yesterday. a large pre- pre-
ron deranco OF tho enormous i dealinn '1
\ 4. "a II esc two blocks. but the
anaculhtion shifted during tn O VI Ivy ~ y,
Pa,3rgylyaria, Reading and ArnAl an w
C,onper There were &c hnslu ..,.s
also iii United stu ties tel. nose -.
show large proportion q tlle .. ~ ~
t,;llea for the day. when r y. !. sns
or April 1901. &, v,.. b, !, n ,Do ,vild.
], ~ 1t,rokers IA these stocks nrpa fcnlay
80, 4 orf ers to buy unlimited LID u1'.s -
ia prices asked " by sellers y s.essl
3.l,n.e leht Ne. The result was an oi'et-5
IND inaUniol Pacific all the way ~ 'ro'''
1871 IL to 1856. si 5, &, 81, ~ \. uns
i .ra,,, 90 Yesterdays top price, 70 ". - -
.,as field day for tho room traderrs y
8 wv, ~ nneTatioris we're dlHicul TO folioW
4 ano.nt ~ those on the floor OF tue sloeR
~ c,,an 90. Tho operations ~ the room
.sn,nant we're Of, d practically unlimited
u snniaS md their trading IN and out III "
fiated Tie volume OF dealings nor no mo-
Their # quick prof t-tnkins q !, He ,,,.,
n,iant intervals kept pr ces
constantly. But the buying delnato n ,s.a'
kept reinforced and the up ,II = o. ptico.'
h continued "a J, NJ !. /. I /, 9, III 4
IS ,rl,a movement to take profits became fsr
h ,,nat 4 pronounced after the appearance
~ 'ite hank statement A lohs OF over ). t
i "a 001 90 IN cash indicated Ii O. heavJler5
,T,nvcl,ert to the interior than had been
promised by tho preliminary est'1.!a.sa
v ~ M banks thonselves In spite Sof# ne !.
scaling down OF loans Of over y. e ,ltl'.
which, served to relieve reserve "a
mcnts the surplus was cu n 20 20 - Wy
extent Of ti,l7o, o25. The moveih '1' Y, y
II Currency 10 the interior Il Is not 70 De
y ~ uacted 10 fan OF, and the speculative
y activity In tho stock mark OF which sprathg
f IN, Yesterday. must make additional fe-
y nii,rcmentH on tho credit OF bank aSsS
The active demand was continued un--
A d,n,inIshed gun to the Seloae. ale prices
V 4, some points showed the effect OF
q nnrofIt- tnking 1T that time there were
4 b,,oyat III advances at others.
The total sales bonds, par ias Yaiu !.
e amounted to 81, $50 The total sales q
stocks for the day amounted 70 e. w
u shares 5 l5z35 s5E3i9 4s s!
4i my Associated Press. )
NEW Dirk, August S.--hi oney On On
X cali nominal: no loans time loans very
& fIrm. 90 days. per 5rsrt.; ' y DAYS
x { -4g6 IL sly months. 8. Prime me rcan-
fila PAPER. 51-2Qle per cent; sterling ex-
cta;nse steady at = .s4Bs for demand. and
s4,SIs5 q for sixty day bills. Posted
tes ~. ga l-2Ql}4S IS ~. Commercial bilis,
A.S1 1-sa34s2 1-Bs BAR silver, IS b-s: h Me,
q can dollars, 81 Government bonds steaoy.
& Railroad bonds firm 85 5.s1