The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-03-31
MARKET REFLECTS
No LIGHT ON VALUE
No Incentive to Trading, and
Days Dealings Are
Mcagrc.
LONDON PRICES ARE HIGHER
Railroads Are Expected to Make
Strong Cnse Before Com
mcrct Commission.
LONDON PRICES ARE HIGHER
BY BHOADAS WALL.

New York March SN-Transactions on The
ii.h; on thc Value Of Securities or he ton; ;s
dcncy ot prices. More is expected of a Mon
Lacking \ very dull opening VAS followed
hy sasEinc prices thar carried steel com
mon 60 t-S, new low mark since January.
eu; the prices recovered at the close. Beth
!sheW steel sold down around 40 and G.ehiEh
Valley VS. depfessed TO 1921. PENNSYLVANIA
was heavy and this stock did not rally
with the rest of he list.
Siudebahcr was strong throughout. selling
q; ;s'- new high record for the year. As
!ndin3iec ia iuis column. earnings for the
n.st three months were uncominonly good
GooCricA rose more than = point. ana Gen
oral Motors gained "a. There was a sharp
rise in tho afternoon under tn. lead Of the
coppcr stocks. Ana isaInated advanced from
~. 70 above d. C;ah was nrn. and the
minor copper shares steady Union Pacific
jumped from 1919. TO las. ana Missouri! Pacific
was f'aciionniy higher on rumors that con
Ss S T .@ xe Ii.. TO ne" hands within tho
Canadian Pacific was steady, ignoring tn.
raas 81 se:acq sA0T Efs a l1sl ,a
hrnk ~ 81, q s5' 80 =. net and Southern Rail
oreas. Of siisc2o. gained ,ii7.SoS in net S.'
London prices ruled higher than our own.
nearly all Of which Was y steei ccmrno M Co.
Consois improved in London as The result
cnt belgian government, loan, which Wa.
'drs-ly ovrr-suhscribcd 81 So
strong befor. the Interstate Commerce
stockholders and shippers Norfolk and
Western announces that orders for retrcnch-
urui lave been issued
sentiment regarding Mexican affairs wac
teresi payment on The Mcx.can Railways
VIII be met through three years per cent
l\cw York state +i2s touched "a new high
record 1921. The demand for high grade
securities continues good. but trading WAS
In reduced volume.
The weather ala not help tho market to-
day Dun. damp. dreary days discourage
dealings
New York March so.-spcculation reached
Il state o; deadlock to-day. The slow decline
IN progress last week was halted. but little
rlae WIS accomplished. Lack OF public de.
OF prices clused traders to take the short
side IN early dealings Professional pressure
was not severe, however and after noon
Haven led she upturu OF the afternoon.
Aula Gamated also developed strength and
stocks moved upward smartly so that at the
close number OF Issues showed gains OF IA
\ few specialties CAV. way sharply To-
Oucco stocks once more weakened on the
baceo companies distributing agent on
shafes were YIdcr pressure.
The late advance tn the Western rs!lros d
F-lruary report, which was in contrast with
The poor Statemcnts OF other large systems
fcr Ia; month. There was an Increase o..
sll7oo9 IN Let earnings. although the gross
tel of Sils,0Do. Southern reported "a shrink
pfe s?is oro in February net revenue
The money market reflected continued
case, Time rates and commercial discounts
agaiu were padded slightly.
Bonds reflected mild pressure IN spots
United states bonds were unchanged on call
time oans. cusy sixty days. .,:d2S. ninety
day "a rs months. Sn%. prime mercan
az Si.Ai5J Tor sixty days and q, s. Sj.u for de-
ntanG Commercial Mills, si.S3a. Bur silver