The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-08

volume from that recorded last week. the
street being inclined TO caution pending the
long expected decision Ivy the Supreme Court
Of the United States OF the Minnesota rate
case.
Prices for the first hour more dull
than weak with notable sof,ncss In tho
market for Rumicy common. This stock. on
! trades OF 900 shares. dropped from 8, to 3iiA.
The stock. however, recovered later in the
day 10 the opening price.
Chesapeake and Ohio again under
pressure. and what appeared like earnest
LIQUIDATION carried the stock TO &c, new
Southern Pacific turned weak on the hear
Inc OF the government suit to test the COM
panys title to certain oil lands.
Tho outline of tho tariff bill, tclcEraphed
from Washington. was Responsible for the
shares dropped to 32".; International Paper
preferred Tell from A5h TO q on tho report
list. Steel common held i.rn until later in
The afternoon. closing with fractional lcrs
Is apparently stnl large enough 10 keep tho
market price fra.
Reading was notably nrIn, and tho Cop
pcr stocks held steady on light trading. Tho
list proved very DUH in tho afternoon.
American Locomotive lost over u point on
orders. MeNcan Petroleum was nctivc and
weak, LOSING nearly ) points ON tho day
California Petroleum lost q point. St Louis
and san Francisco second preferred sold OFF
SHARPLY just before tho close.
Baltimore ana Ohio sold ~ 1905 on tho
statement of a railroad official tina, tho
flood losses would amount to a. least $4,000. 600
Official notification was sent TO tho under
writing syndicatcs OF the new Baltimore and
ohio ~ per cent bonds that 10 per c>nt Of
tho issue would be distributed to members
OF tho syndicate. This means that some Si.-
oop.oUO worth OF the bonds still IN ,irHt
hands. The bonds were actively denlt In
and new low price az o.5. was touched
Tho opinion IS expressed that notwi,hstand-
ing the damage by food and LOSSES; Of ira nic
the bonds arc cheap and an attractive
investment
american can WAS firm closing AT 49,,
after ching 49,. Manipulation Is s;ni aic-
I'VE In these shares. and the street looks
Tor new high price OF ,his now
Looking Mt the markc, broadly. stocks
a ~ &c well on the day, giving tho impression
to broader and stronger market
London houses sold some 10. 600 shares IN
Inc carly trading The LONDON market was
gave no hope Of any Immediate change FOR
the better in tho foreign situation
was tho report OF bid OF $4,000 for a stool,
ENchangc seat The last seat was sold for
Some Of the statements Of railroad onrn
inHs Tor the fourth week OF March reflected
1000 damage For instance. the Glover Leaf
.sg-1 "nG IN m gross OF SAT-: the Monon
st"s'5 Other roads not affected by III.
foods showed good gains Tho Genital az
Southern iiail%%Y :,2g.5. OF q. per cent;
Missouri. Kansas and Texas. $500 or .vrr
- per cent. Western Pacific gained s..g.f
nu,. ana N March the gross earnings in
The Gr.nt Northern had in February frs
nrSi ioas this fiscal year. Bad weather was
cay showed an Increase oc s5s3,oO0 or ]. per
Tn, The op:n;on is expressed in some quarter.
mat n iur;her discussion OF the tariff can M
longer he used rs factor to depress pricna
ana inc action Of the marker. today Leads
70 belief shat the inarke, will soon i'm
prove III tone