The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-06-04
..Neu, York.
Stock Market
WHEN WILL DULLNESS END?
QUESTION WITHOUT ANSWER
Hopes That Rate Decision Would lie
stimulus to Trndin- Almost
Abandoned.
Operations Almost Entirely Profess
si"nni Market Being Repetition Of
Man! Recent Sessions.
J<JSn\ItN W&II
BY BROADNN WALL.


Now York, June S.-Whcn Will the dizziness
that's the question wi,hou, a satisfactory
Hopes that a rate decision would be
Amsterdam brokers' have decided Ia close
a.! day on saturdays during June. july and
August The example is good one FOR tho
Nov York stock Exchange TO follow.
Iu-u3y's stock market repetition of
many recent sessions. Operations were al
most entirely professional. although a firm
To purchases by brokers closely associated
with banking Interests that VIII Tomorrow
ana fefanIins Ionds Tie IL" fss,,e ' seI gGci
Investment. and VIII net about 80, per cent
;!ve he!d Irrespective Of rate decisions
IDLY Drawing nearer to tho Promised d.vi-
zen! lem Win me Increase from me extra dis
borough Rapid Transit that IS 10 he do
tan Nil have funds 20 pay OF some si.5i'.g5,
OF notes The balance. IL is understood. viii
hc extended Tor sis years clearing the way
Tor the payment OF rsEular dividends at the
n9iC ~ per cent ON lnterbor"ugh Metro
nHHrter~ u Is hoped the plan VIII include
back dividends at the rae Of per cent per
Northumberland Terminal first As Ger
iiEcates We're active. advancing from 10 "a.
ila, eost ;1>'"sc2 to nuiid ihcy are S' es, J.
mated 70 be worth At least So should the
Wabash reorcanizati@n scri,ninnrn i5nor:s
10 assess these bands meeting with
cash bid II TOUR times The market yalrn ~
the securities would probably he forthron,-
iut J. ne nnyins In these certificates to-day
Lehirh Valley was the heaviest issue OH
.ns 5 dFSpnnS ir9n ~ TO - No sat
10 gathered from directors or from friends
OF tho property.
with no chanEe IN the market for copper
metal copper stocks We're "A shade ;riner
ana with mixed reports from Pittsburgh on
ile steel situation steel common rose =.
There wns sharp unfolding in narrow
market of Aich.son common and Montana
FocEn marke 5'. sh" PNs W ,.ia P @hnn.e
i."ndcn was heayy ana indifferent; sterling
further EG:d shipmcnt uneontrined.
Alri railroad returns showed tho Chcsa-
naaks ana ohio Increased S'fic-e -ross and
i,2 Rock Island T"tiecied a decrease
vile ani Nashville decreased S.i5.,o, gross
ma ~ . net; Jersey Central lost Sier)
gross and Sl'arA net.
Brokers have hccoin" so accustomed to
n'r', " NueiHat!"ns That thc market !s called
a sn!iar raiiy Thnro l. jiiiio on
prices could withstand heavy selling. There
iatnna in prices are the aephyr,iic move
iheMii "i c4:!E shmmer-Eo"d :or crops and
r MeT ,,o I9ri ,s Igne -, sow Iresrei ueMard
Of revy!rm iYo N@,nime' ~ me sisns
Shu1n %. professional pressure and outside
i,iI9idaton. the marhct. while Irregular.
back ana forth within - narrow range a.
NelopcG signs Of real strength towa-d thc
close. FluctuatI Ions ia the main were meas
urcd In fractions. hut In =. considerable.
numher OF cases substantial gains were
NV liaven and I.ehish Valley made a
meter showing To-day. New Haven ended
IN" day WIN an advance OF nearly two
i"iHi,. Atchison exhibited strength. and
American Telephone. Consolidated Gas ana
Wells Fargo scored good gains
steel, AmalEaruatcd ana Union Pacific
Were bought freely for foreign account, Il bout
lHHp sharcs being taken
Speculative sentiment Chcsrrd by "a
NorinE crop forecasts from private sources
as Vol as by the improved showing of tn.
railroad statement IN April. optimistic re
ports recently from the steel trade wern
supported 10y the weekly reviews OF trade
authorities. Pig iron production In May
however. was placed at more Than SOD
tons day less than i'm April. Most Of the
srecu ailN" bonds were in good demand but
III 81 lew cases heaVinCsS developed. which
gay IN" market u ragged appearance.
Total sales were S2.,.b.l1i. United STATES
ponds vert unchanged call.
.Ncw York. juno S-Cail money steady:
,s4H-' rutuS rate. ia; closing. iNN:. Time
loans steady; sixty ana ninety days. ~.
sly months, 3i,- Mercantile paper. :a..i
sterling exchange steady; sixty days. 81 SGtp;
gcEant. 81 SND Commercial bills 81 Sl7..
Bar silver, Lci,. Mexican dollars 43i. COY
eminent bonds steady. Railroad bonds
steady