The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-14
OPTIMISM RULES
|NSTOCK MARKET
Minor Industrials and Rails in
Many Instances Advance
Sharply.
LEADING ISSUES STAND STILL
Lack of Interest in Fluctuations
by Public Worries
Brokers.
LEADING ISSUES STAND STILL
ny nRoADAN WALL,

v.w york January i3.-WNli street no
.rurr laws ono ghost than another rises 20
1isNonceTt tho believers IN higher stock
,n5rkst Have prices discounted the favor
able change IN the attitde o. Ihs s," Prosi
6en, urge a new curb!ng OF the trusts
These questions caused hositauon IN priec ~
ne traders III :hc main. optimism ruled;
While leading issues stood stu OF rEoeaTu
,'..S .h,rniv IN many eases. From ono
--o,yd ~ another. the floor traders pa up
They noted that recent selling orders on the
hooks OF the specialists had been canceieo.
and II was an easy mater 10 PIC up pFA ,,s
and give an appearance OF strength 10 .n'
Kunely shares saysnssd am and ,,s p ,o a
A,nericen can crossed 3o Pittsburgh Coal
issues rose fractionaily. and in dozen
Srssdth Of trading not recorded In weeks.
fractions ;n Il we're strong, BROOKLYN sold at
Thi5d ISSUE. @ anS
Aside from the activity OF the traders
there was little business, Aro'trase 9r0h ann
market, and commission houses here report
little or no improvement In outside buying ,
differently until room trader BID up tho
price 10 % in the execution of buying order
hanged Fluctuations were held between
is9is and 1876.
New York Central made n now low record.
dropping 10 ssS.. minority interest IN
J.ni;e shore Inns sdded TO the troubles , OF
,snt price for their holdings.
Roci, Island preferred sold at 2?14 in sym
patty with an advance In Rock Island coll
lateral A., which was attributed TO short
Wherever the bull finds his courage wan
ing by fractional declines In the prices OF
stocks. attention is called TO tho strength
md activity in bonds Traction bonds %sre
from SSis to ss,t. New York Railway ADJUST
1nent IS crossed 70. Third Avenue issues
NFasr tea, IL
sold at II. Heavy trading in Rock Island 4s
carried the price from 4sTs TO Sii..
this vac anticipated by the hrmnos, In tho
price OF foreign exchange The announce
inent that se,o99.c9o gold would be shipped
OF this nature are looked for
but with the present ease in tho local money
Inarke, no Inconvenience is expected 10y
bankers.
Broker. are impatient over tho slowness Of
tho public in evincinE interest IN mar
shuttlecocked by the professional traders
hut no movement OF importance can occur
until the outside public swell brokers' ball
ance- by the purchase OF stocks.
an early downward tendency stooks held
firm to-day The market at times felt the
effect OF free selling. but offerings We're
we'll taken. In spite OF apparent underlying
strength no attempt was MADE TO bring
about continuation OF yesterdays upward
movement Professional operators were in
ciined to await news from Washington to
the attitude OF the administration toward
antitrust legislation. While the standard
shares moved narrowly. some OF stocks
which ordinarily chased In the inactive
list were strong. Securities OF the indepen-
dert steel companies again made e good
showing, ana there We're further advances In
the fertilizer. petroleum ana local traction
Issues. Tcxas Company. however. had
sharp relapse on denial OF the report that
standard OIL interests seeking control
Of the company. New York Central fell tenn
rornr!ly To sS:s, It's lou point aimee 1895.
Engagement Of t2,cse 900 gold for export TO
Paris. while not expected ut this time. had
iittle influence stocks. The call money
market WAS not Influenced. renewals being
iaude at 2l..
The bond market was strong. Buyins OF
Rock Island issues was the principal feature.
Panama IS advanced :. on call.
New York Jdf,unry .ls-Money on call
steady a. .12f; rt1hE rate. 2i;; closing :..G?
~. Time loans easier; sixty ana ninety days.
81; SIX ncrths 4af.. Prime mercantile
paper. HaT5. Sterling exchange easy at
$&.s2jo for sixty daya and al .4seso for de-
lunnd. Commercial bills. %s3s.. Bar silver
go. Mexican dollars, A.. Government bonds
m railroad bonds strong.