The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-02-28
PUBLIC REFUSES
TO Be COERCED
All the Old, Well-Known Subter-
fuges OF Pessimist Employed
Without Success.
ADVANTAGES WITH BULLS
Favorable Rumors Concerning
Mexican Situation Start
Prices Up
ADVANTAGES WITH BULLS
ny RRoAnAN wall.

New York. February 21-Buls had the
efforts to drive prices down and bring stocks
out have failed. and attempts 20 cover Stcei
common hnd Union fReii'c on 'he UPS P''N-
Bears dislike paying dividends; and ali The
old weil-Snown sub;erfug@s OF the pessiulst
have been employed witho''t success 10 CO.
cree the public INTO ceiling
taken suddenly fAvorab" turn started
prices up with "a rush. steel gained more
than poin, and closed AZ tho top. and
Union Pacific advanced nearly points on
cornparativeiy light trading Reports come
az this stock Is unusually small. and the
stock is 3oi Ho o e9 Fc2 Ss Short m
terest?' was the question nut 10 one of The
the fact thet oar house is loamlng 5000
shares 10 the boys on tho hoor was his
Harry Content was credited with large
buying order in Steel ana brokers said To
represent banking directors we're also heavy
Bethlehem. steel issues advanced sympe-
g sonts M s 'q reiroIeun me shot ~ over
points on the MeSican rnmors Traders
Mm1s" 'H That on anything ike faySrabis
solution Of the Mexican trouble the con
troll viii pass to new strong hands.
General Motors rose points but tnlted
States Express carried off thc palm ny T.
cause they have to handle mattresses. saby
carriages and live stock under the Ola terms
press eompamies viii again come into their
when the government ~ forced 20 nay
inc raiIroauS proper rates lot carrying 'A-
With reforms ana reorganization tor Tie
Rock Island system under way. tho common
and preferred shares showed further gains
Missouri, Kansas ana Texas tssllcs were
strong. Guggenheim Exploration rose irou!
LpM s2ts rumors that the dividend
would shortly be increased Copper stocks
were firm Bankers Will probably oner 10
yotes OF transportation company controll-
ed by ono O. the large copper producers.
New Haven WAS heavy. selling aS low 80
G6M. and Northern Pacific broke to l!ita Just
ings. which showed n gross decrease OF $751;
900 and ne; loss OF S24:,o9c.
Rock island earnings displayed ~ gain IN
net for the same month $4,000. Rock
Island collateral ~ were heavily dealt I'm
between i5t1 and iGi2. Union Pacific con
vertihlc IL were prominent with a point adj
Commission houses report little improve
1nent In the public demand for the spccul2-
live issues. ana the London trading was u
negative factor, arhitraGc dealers selling
some 600 shares in the morning and buying
back some 1900 IN the later dealings.
The London market appears TO be quite
bare of Union Pacific ana steel.
With loss OF SS.cpOtsn III cash 10 the
Subtreasury and the activity or bond syndi-
: cates. to-inorrow's bank 'statcmen. IL expect
cd TO show decrease In Cash ana Consld-
cradle increase IN loans Union pacific and
Steel sell ''eN'' dividend on Monday and
with u disposition IN the general list To rally
favorable rumors. February ends with The
advantages all on the SIDE @! ne bull.
New York February 2I.-Money on call
limo loans. nrin; sixty days. 2a. ninety days,
3; six months. Sisa9a. Prime mercantile
paper. 3hqih. Sterling exchange easier
yer. 57ta; Mexican dollars. 49, Government
bonds steady. railroad bonds irregular.