The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-06-14
INCENTIVE TO ACTIVITY
IS ENTIRELY LACKING
Two Hour Session Of Stock Market
Intensely Dull and With
out Feature.
TENDENCIES ARE REACTIONARY
Few of Leaders Sustain Losses, but
Subsequently Some Recovery Is
Madc-NlovementS Are Uncertain.
With No Definite Trend.

New York, June lS.-Incentive to
SPECULATIVE activity was entirely lack
%: the stock market was intensely dull
and without feature Reactionary ten
denotes prcdominated at the outset,
influenced by the lower range of prices
on the other side. y few of the market
leaders sustained losses ranging from
IA TO IL in United states Steel, but
Movements throughout the forenoon
'were, however. uncertain. with no
definite trend in any direction.
The foreign markets were unsettled
and reflected the widespread feeling
iof nervousness abroad over the fail
Of the latest French Cabinet on its
declaration of ministerial policy.
Weakness on the Paris Bourse was
n reelection OF the political turmoil in
INC French capital, and the London
market although suffering from the
usual week end dullness. gave way
under the adverse developments across
the channel.
+, In the late forenoon the dullness
changes were small and without sig
niiifGance the level of the whole being
under yesterdays closing.
y few specialties displayed a
Was sdhSray ,snaeney 9ni Tie list
ditional 100000 gold coin was taken
for export to Paris next week. bring
lng the total for the day up to $4,000
coo OF this amount $4,000. 600 was
F.. taken by the National City Bank on a
special transaction :"
+ Definite assurances were received in
the street from Washington that the
: freight rate decision would not be
handed down to-day. as has been re-
ported persistently during the week
: There were rumors that the matter
would he heard from early in the com
> Ing week, but nothing OF definite
/. nature could be ascertained and the
7 speculative element found little to in
I, terest themselves in.
New Yo-k, June Is-The weeks trading
In stocks came 70 an end to-day as quietly
as Il began. seldom has Wall Street seen
IN g9nseSSsive days in which speculative
tEo)d shares were dealt In to-day Al Tho
oneninG prices eascd off. The only appa-
lions from London. While the downward
movement was general. II was OF small
olroporiions Later demand expanded. and
the end OF the day changes were trivial
me weeks recorded total OF gold engage
the booking OF $i.ro,oo1 II became known
& also that ARRANGEMENTS had been made ten.
g. aHHhSeGtnn, lor ,sngasement OF si,"oo.qoo or
AFTER holding AT abnOrmaily high figures Tor
some time, weakened to-day. The bank
rs result OF the gold movement amount
ing TO Si.p1,oo. The weekly AIDE reviews
We're In keeping with the more optimistic
ssS,ntlmeni which has been evident OF late
Ihc doubtful outlook for paymen, Of Tho
J IisSy in'ereSi on ST Louis and san Fran
1.-THE bonds which saEged 10 Gsis THE "a ia
q loss OF t'2 ON the week. Speculation in
s,no1 W%S relatively more active than in
issues. United States bonds unchanged nm
cal! on the week v"
New York. June ls.-Mcrcantuc na,s-
Si:Gi: sterling exchange easier; sixty days
49,: demand. $3.50. Commercial bills
itsSHS,S'''' Bar silver. 56a.. Mexican dol