The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-04-27
STOCKS ENTITLED
TO SHARP RALLY
Many New Records Are Scored,
and Indications Are for
Upturn.
INTEREST CENTRES IN MEXICO
Foreign Markets Quick to Take
Serious View of Affairs on
This Side.
INTEREST CENTRES IN MEXICO
ny BROADAN WALL.

New York, April 26-S;ocks are en-
! titled TO sharp rally. Many new. low
on Saturday, and this included such
representatiye issues as penn:sylvania.
Atchison. Northern Pacific, Amalgam-
ated Gopher. Union Pacific and steel
Granting that the main direction Of
For nearly two weeks prices have de
clined. with the greatest activity at the
lowest prices. for Saturdays two hours
dealings exceeded the volume OF trad
ing of months.
Optimists have been ru,hlessly mas
sacred and women stockholders scored
equal rights with the victims.
On April L PENNSYLVANIA had Sa.6O2
STOCK holders, the number OF women
being i3.15S--morc than Is per cent OF
the total, and an increase OF 5000 over
the number of women shareholders on
Coming Back to Market.
investment issues. have declined
more sharply relatively than the specu-
iatiNe stocks, convincing evidence that
ket from outright owners. This move
ment is not surprising. III view OF the
continued disappointment over the at
titude OF the Interest tate Commerce Com
mission and legislators towards the
railroad companies.
PRESIDENT Wilson and his Cabinet have
merely moved forward few pawus in
sidered Inevitable In many quarters. has
apparently been forced by refusal TO
fire proper number OF guns In salute
within given time.
Foreign markets we're quick to take
a serious view Of our security market,
Notwithstanding our ease in money.
crops. war must Inevitably be meas
ured In the scales OF the goldsmith, and
While there is apparently not the
slightest doubt regarding the ultima to
outcome. investors both AZ home and
abroad are preparing TO take. advan-
sage OF the bargains that will be Of
nf
ernment issues establishes higher
interest return for all forms OF perma-
ncnt Investment.
The connecting link between foreign
ana domestic issues was found In
Canadian Pacific. and the violent de
cline, exceeding the fafi Of any of our
local Issues, proves the fallacy of hop
Ing that stocks With half dozen mar
kets can he stronger than the primal
market. our Canadian neighborS find
the failure of Montreal and Toronto
markets To absorb their selling. Paris
and Berlin have dumped their holdings
of Canadian Pacific on The London mar
ket, whica, IN turn brought a steady
tion is not We, Sompete ''U B s,is ip' s,n
port was sorely lacking i'll such stand
ard stocks as st. Paul, Union Pacific,
New York Central has been held up by
the bankers, but the main support or
prices was found behind Steel common.
This stock. q great public favoritc. was
one of the first 10 come TO tho market,
and the recent decline has carried the
price down ten points. At 81 the
shares are considered attractive, and
substantial buying is noted The de-
mand Tor steel products IS consider
ably below normal and this must i'm
prove shortly, irrespective of rate in
creases or further Mexican compiler
lions
Hardening in money rates nppears
inevitable. Reorganization plans willy
be hold in abeyauce. and two or three
OF the weaker systems are face TO face
with reccivcrship.
Copper stocks, the last group to sue
cumb. fell sharply Ut the end of the
week. \ further rcadjustment is con-
Sidercd likciy.
southern Pacific sold 10 the public
by a banking syndicate some ten points
higher is forced back by exhausted
margins. and there il no syndicate TO
underwrlte present offerings
Declining markets are subject to
sharp, rallies. One Is due, but this
the main temdencN OF prices