The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-05-07
..New York;.
Stock Market
PRICES BARELY MOVE IN
DAYS STOCK MARKET
slight Selling Pressure, oriEinntinE
Abroad. Noticeable mt
Opening.
RAILROAD MEN PRAISE I. c.
News Eagerly Sought on Question of
Increased Freight Rates, with Street
Sentiment Mixed.
by pRoADAN WALL.

New York. May 6.-Prices barely
moved In the stock market to-day. \
slight selling pressure which origi-
mated abroad was noticeable at the
opening. with selling in the low
priced copper shares for Paris account
mn aftermath of II tuesdays failure
there. Anaconda declined fractional.
ely. and Utah sold off half point,
but recovered Amalgnmated was
steady.
chesapeake and Ohio dropped 4
,.oint on stories that the recent issue
of per cent notes was not going we'll
liin stock were soft Great Northern
preferred sliding down to 1872 81 and
Northcrn Pacific below ito.
Reading was firm and although trad
iS@ i'll this issue exceeded ether stocks
il was impossible to arouse q sus-
tanned interest among the traders
Traction issues were active. Brook
lyu WAS quietly firm and lntcrboro
metropolitan preferred, after rising to
6S IS, fen back to g. ! - on the sell
ing Of room traders who had loaded up
liz the expectation of Il public demand.
Missouri Pacific held around 90. No
further details were forthcoming on
the new financial plans and rumors
we're current that the reorganization
OF the Wabash would be held up until
the Missouri Pacific situation IS set
tied
Shorts covering advanced Rock Is
Land shares slightly, tho preferred
touching 5. The Collateral Trust As
were heavily traded in, rising from
81 s4 to 81 81, again ut the expense
of the bears.
News Ia eagerly sought on the Ques-
ton of increased freight rates, with
street sentiment mixed. Idleness
broods pcssimism. and brokers with no
business In hand and none In sight
ondeavored 10 discourage the hone that
railroads hA S,,lN TO-,
cited
hallr"ad men returning from Wash
lnston' however. speak in high terms
"f the work accomplished by the COM
mission, which is subject to abuse from
all quarters, accused of delaying CEN
oral business by not Immediately soly-
inS knotty problems. TRANSPORTATION
officials express the belief that con-
S!ueration ana justice will be granted
the trunk lines. The earnest disln-
tcrested work of the commission has
been largely ignored by the public
ana little understood by those un-
familiar with intricate questions in
VolVcd.
To-morrow's government crop re-
port will, 1t is believed. make a fine
showing.
Banking interest was centred in the
movements Of foreign exchange. Prices
indicate further gold shipments be-
fore the week -cnd.
Washington reports of an agree
ment 10 adjourn Congress on July 10
were chcerfully received
railroad returns that came to hand
We're unfavorablc. Southern Railway
decreased for the fourth week Sill 900
and the Grand Trunk So, 900 gross
stock prices are probably more sem
sitivc than might appear from the
small turn over during the day and
tho narrow fluctuations. 4 push
would hardly drive quotations much
lower, while u boost might start adj
Nances In dozen different stocks
There is little comfort for the bears
in the present situation.