The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-06-20
PRESENT STAGNATION
WITHOUT COMPARISON
When There Are No Differences of
Opinion Regarding Values, There
Is No Business.
STOCK MARKET STANDS STILL
Changes That Occur i'll Quotations
snow Fractional Advances-Addi-
tional Engagement OF Gold for
Paris
STOCK MARKET STANDS STILL
ny nnoApAN Wall.

New York. June 1s.-When there are
TO differences OF opinion regarding
Stockholders. To-day's market stood
stin Total transactions fell below
7a.nod shares and steel common, the
most active issue. was not dealt III
Ing in the annals OF Wall street COM
pares with present stagnation.
In an up-to-date Broadway Office.
finished in mahogany and carpeted to
resemble an English lawn, the mem
beers OF the firm turned the customers
room into putting green. and prac-
tiCcu golf for an hour n I :, time. There
was nothing else to do. nor were they
once disturbed.
showed fractional advances. Great
Western preferred gained another
point. closing ut the top, 80 81. Utah
copper MAS nrla gaining 3-4. In spite
ot the uphill work, :hiS stock is being
slowly advanced.
International Marine preferred.
was lifted = half point. Union Pacific
was nrm. Traders call the movement
good, bat al cats look gray in the
Bonds were heavy. with the usual
trading in the Rock Island bonds.
R"il -T, debenture 81; that sold at 20
later decline to 70. cpiiaierai il" IS
Sh3nSed hands in quantities between
" - and 80, a new low record for
ihis issue Traders We're disposed to
hSht shy of this speculation. feeling
that they were playing with marked
cards ihat rested in the hands of the
organization committee, who prob
ably had the advantage of fun infor-
nation regarding the scheme shortly
10 be aRRin n.i International Mer-
general zone OF the bond market
II is expected that bankers will offer
for public subscription 5000. 600
Southern Railway. Atlanta and Char
!oiif 5r,- per cent bonds. early next
week. rms issue Is part OF $50. 900 900
and ,he price, IT is understood, viii
he a shade under -. The bonds should
20 vel About the same time an out
oi,tpwu traction company will prob
AMY offer S5.OV0OpU iirSt-mortr1r. :
PEI cent bonds around par.
'Y,l% Wa an additional engagement
sterling. exchange fell TO $iS77-S. a
"l9p oh about 40 points for the day
&nV Giotnpargd with the high figure OF
Si.s' Is on Tuesday. With a heavy en-
i-"&tlnenl of wheat for export ana n
ntt"h IN the price of cotton, the pres
'" nv movement of gold should cease
I'ic hdnil statement tomorrow v,il1
Il'oAoIN snow a reduction in s,irplus
l"SerNes, US the known movements Of
i iii'hvH 'nuit2te Il loss OF 100000
,i"vrtai nittlng, from cafe to cafe
may read upo nthe walls OF The CI,v
"i Mexico placards OF Federal We
me money market throbs with Inc
WJhahds Of trade, or moves slulcrishiy
Mhth confidence, the lifeblood OF ms,
"tSs' = not against it,
wal! street accurately renreser+s -,
;trHeInIc conditions OF Industry to1nv
ne iime is not opportunc for furthSs,.
experiments in business .,lrrory nv
1.NgMW York June r. Except, Tor the Rock
Tive ANA covcret a. yfl ~ ~. ui'usniaII! nc
l"iRti to-day Was 0ulct and a"t IN
Wal'i i4uc was firm and thcrc was : lin,
"fN"t" tendency. Spectators vvprc ,s 80
,o,i'ni u.s. hefnrc To- take a decided nosj-
i'o4 ne.dins the much dscugsSd docif"iSn
81 f',,.