The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-07-01
STOCK CLOSING
DULL AND HEAVY
Trading Professional, and All of
Saturday Advance Is
Lost.
BY BRoADAN WALL

New York. June so.Stocks closed dun and
heavy to-day. losing all of Saturdays ad-
E zane ne trading was very largely pro-
! attributed to an operator in Boston
mere r,, vas genera! disappointment that the
on the publication Of the Union Pacific agree
uicm, , IN me matter OF selling the $4,000. 900
SaAccoOeO with Pennsylvania
The bulls in the market apparently lack
organization and confidence. and II was an
easy matter TO offer stocks down in the alb
Scnte 1i support. or course. if holders OF
holders of southern Pacific. II is ieit that
until some organized support is given south
erii Pacific WIN be the mercy OF probes
sional attack Wall Street does not like the
suggestion that the Attorney General viii
Southern Pacific.
The general market moved irregulariy
without important changes until the details
of the Union Pacific plan were made public.
and II was Immediately followed by unfav-
and cables from abroad showed that The
markets at London. Paris and Berlin wero
Pacific that carried the stock down points.
attempts were made to depress prices by re-
This was dispelled BY wires from the " est
reporting general rains in the Northwest and
In ohio Nebraska and Kansas.
Amalgamated and the other copper shares
were easier on unfavorable reports from the
trade Buyers have not been attracted by the
drop In metal and the June report OF the
PRODUCERS Association to be published next
week week.. VIII: II Is expected show an enlarged
in the market were numerous. Chesapeake
and Ohio lost rs, steel Is and Reading III.
Rumely preferred sold a; 81. and this may
be compared with the high figure OF 1917
last October. Friends OF the company are
still busy with attempts to straigr vt
the tangled affairs.
The market In the Jess active ares dis
appears at times for instance. a specialist
has for days attempted to get bid for c..
c.. c. and 81. J.. common. and holders OF
trade de- occurs in full 100 shares "r wait ""'''
The currency bill came in for good deal
the downtown banks suggested that II three
OF the seven members Of the board be Sc
lected by the Chambers of Commerce
throughout the country and the fourth mem
Der appoint by the President, that Will still
leave u .trol In the hands OF the Preai-
dent .cmove the board from the cri-
tic!sm or being In the hands of the politi-
clans.
May statements OF railway earnings to-day
were conspicuous TOR decreases f.. net fol-
lowing cross increases. Ttia Ia accounted
Tor by the desire OF the CoJica Mica 10 put tacA
into the road as n.uth :. IL: In;cra,..te Com
mcrcs Commisson Will permit. Canadian
Pat ii'c showed net decrease OF ;lst, poo
Southern Railway 81 ret ,!ec.enos az s2.3,Si0
and New Haven net decrease o, S56Gc1o
Erie with "a trOss increase AZ Sllc6.000 made
a net increase or .0co. am: lliinoiS Central
made a net gain OF $22j los.
The opinion prevails among the commission
houses that little can be expected of the
stock market until after the week end holt
days. when II Is thought easier tone In
the time money market may bring about a
more cheerful feeling