The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-06-10
ENCOURAGING SIGNS
Of RETURN TO NORMAL
Activity I'm Fairly Dealings Not Main
taincd, and Later There Is
Extreme Dizziness.
MANY PREDICT \ RELAPSE
Wall Street Depends, in Absence of
Speculative Leaders, Upon Outside
Securities.
MANY PREDICT a RELAPSE
ny nRoADAN WALL.

New York. June o.-Rccovcring from
q weakness that lasted many months.
to-daN'S stock market displayed en-
coura cling signs OF return TO normal
conditions Not all the doctors. how
ever. agree. Many predict n relapse.
and those who might fan heir to riches,
should a collapse occur. bclittled the
movement.
Opening prices We're we'll above the
cnrly dealings. however, was not main
tanned While the undcrtonc was firm,
the market lapsed into extreme dull
ness in the afternoon. 49,.
London, in preparation of fort
nightly settlement. showed more ac
tivity: trading WAS mixed. amounting
10 5000 shares The tone was better
az Paris. with sharp recovery i'm
rcutcs. Sterling exchange still rules
at the eNtccn" top notch: and addi-
tionui engagements of $4,000, 600 gold
S1i,0o6.ooO for the week TO date aud
over sa0ooO. 600 within a month.
,Sppecialties showed Ereater activity
ough- metropolitan, preferred: touched
acts well. Third Avenue was, firm
were notably strong. American Tobac--
90 gaining four points and Lorillard
seven: Pressed Steel Car rose a point
was active around sc.
Steel common rose from 62l-4 to
&C IS, and then lapscd into dullness
NJ u l. ne IuOnlulS SlulcTltnl Oh
morrow This is expected 10 show "a
decrease Of about 100000 tons.
Southern Pacific was active and
strong. while tho market in Union Pa
Cic remained stagnaNt for an hour
~ time. although quotations did not
lapse.
Bcnds were relatively more active
than stocks. Virginia deferred ccrtit-
Gates were feature with a sensational
dror from 90 - on the previous day
Frisco rpfnpHipcr in
and southern Pacific convertible 5s
Were active with a half-point gain.
The general tone OF the bond market
The government weather report was
!aNora III" concerning conditions sur
rounding plant growth. Rains were
and dry weather in Texas improved
tho outlook Toy cotton.
increasc on May 81 of 3,l6o cars over
the previous two weeks but the
change was not considered Important
Time money WAS dun and unchanr ed.
can loans slightly higher at . per
cont. Banks lost s4G2.ooc TO the gov
eminent; making total loss since
Wabash earnings i'm April decreased
In ,S2i+."oo gross ana s2to.o 900 in net.
; ,d6 - Louis and Southwestern S5S, =
600 gross ana S93.o00 net
Exports of produce and mcrchandisc
from New York last week were Sl4.
100000 against $I6,4cO, 600 the previous
N''tk ANA = ..bnu.NOU last
la the absence of speculative lead
rrS IN IN" stock market and with the
pronounced poverty and pcssi,n,sm or
tn" professional trader. Wall Street de-
prhuS upon the outside public to sup
t'h INC ucinand for securities. Invcs-
Tors progress with tortoisc-liItc
movement They cannot bc hurried.
NoM (orl, Juno ?-Ano;hcr small advance
t,onnt,,t'-9 1" show Indifference 20 outside
iinlufA'es sentiment Was cheerful ana tho
.':'' vc., WA. hl"nt. rhr good IMPRESSION
TO-DAY 'N thr favorable. weekly weather 80
N"W J-uonIriui stlioiucn,s M. ,b. .rc,rh.
case W'U.i '' quickly decided again served
~ a buil!sh factor
rh" "pen.ng ~as Irregular, hut the mnr-
which paptation~ wc~o advanced ON cam
h@FaNN"iy small buying indicated a scarcity
~ 'i. pulls Wcr" NOT aggressive and
'U ,H@ --Si H"ii OF ihe day trading was dc
usu"4E rapid rate. ENGAGEMENTS FOR Europe
i",o"E amounted Ia $5.93coc. making So
salnc Indifference. however. was ,munifost.,
i",,aay d. heretot"re.
Bond. were steady. although thc-c wcr.
unusually wide movements among sp...fin-
iumpti ..'. on ~" supreme Cont. r','',r
NpiN!lr auo.hcr delay "
:, Lou. aud s,u francisco r.fnni,nr .s
go -. +" /" q loss OF i've uoIn'. IN "a wcc,
lHttci states bonds were uuchnnscd ON
Sow lorh Juno e-cal money steady
i,Ngt r'ins rate ., closing. i7.u.. 1iue
S3'f-- .N month. $685.. Mercantile papcr
,+'4t STERLING exchange steady. siN,y days.
SIS har sihcr. 10, Me>ican dollar. n,
G"vcrnmoui bonds steady Railroad bond,
RICHMOND STOCK MtRRTT