The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-07-11
NEW LOW RECORDS MADE
IN NUMBER Of STOCKS
Closing Prices Leave an Unpleasant
Suggestion OF More Liquida-
tlOn to Follow.
DECLINES IN MANY ISSUES
Hypodermic Injection OF Confidence
May Follow Increase OF Freight
tates-I'undament Sound, and
Good Securities Stand Out Boldly.
ny BRo4D,N WALL.


New York. July ;o-Prices were ragged
in tho sock market to-day. 4 numper o.
new low record. Ncre made. and although
there consistent strength In Union and
southern Pacific and fair amount OF
sistance In steel. closing prices left
% ico%. '"ss's'''" OF more LIQUIDATION TO
Activity centred IN the securities versins
with heavy liquidation around %. Denver
issues are fast approaching unquotable frac-
tons Ihe common sold at 6As and the pre-
The price Of Chesapeake and Ohio. ,s',.
Of dividends The uutsvorablc effect OF the
declaration of tho regular dividend on Bal
;imore and ONO was seen 10y drop TO
Nov Haven directors. uiled into . rals-
the stock. are throwing over their holdings.
The price broke through =? New York Gem
la5na s on e II P so I points ana
further decline may occur when stockhold
cTs realize the unfavorsbie position OF this
on. direc, orders from Europe. Canadian
Tae'nc VAS sold down more than three
international Agricultural issue. were arm
oN hcsyy Of IN ffPSri .ad TO
this com pany is one OF the largest custom
Tennessee copper Company the latter should
reflect tho improved financial condition OF
copper conditions show Improvement Sew
GA .I SAFES OF The meta were made 70 South
oral months. Ama'gamated Copper was
we'll hut could not rests, the general de-
preston. For the first tim. since February
n untitled business OF June 81. wcstins-
house gained IA point on reports OF the set
Au unpleasant impression was created BY
foreign selling orders IN scsera Of The semi
men, continue: IT VIII effectively check any
Improvement in stocks; The bond market
Missouri, rarIhc bonds were weak. and
C ,; p ak and Ohio conveEtiele. heayy;
conve-,ibl-s. bo,h declined
ludsinE from the known movements Of
probably show the. surplus wiped out. Time
funds were 'ls htiy 'irmer. hut tho liberal
inea;s hrough, q decline in tho sterling
sisco3 gross. Wabash Tor May lost $4,000
net Many of our railroad systems are nov
IL fI Fl 's 81 @on fGSs'' ma. hySS
an increase Of freight rates. and this may
Or r"ociycS 'Tor:%ns,clH fnndamentsi. ar.
sound. and good securities stand out all the
holdel
New York July lo.--Inv..tmcnt issues he
San TO show the cumulative effect Of the
Ne" Haven. Chesapeake and Ohio and other
records rho Ncw Haven and chesapeake
declines were especially noteworthy because
they savored strongly Of liquidation.
The sale or minor International railway
stocks Without interests pending actual de-
livery indicated that foreign holders
pressing tho sale or American securities.
London was heavy on rccrudesccnce or the
lister troubles, with money and discounts
higher.
Tho local marke; was weak. ana in the
owed previous dealings IN the unimportant
stocks. Speculative favoritcs fell one 10
three points. with little or no recovery. The
character ~ tho general marks, may be
raGred from twenty roln, decline In the
mr. cent bonds ~ tho Chicago and Eastern
Illinois Railway. whose affairs are involved
IN The Frisco rccciVer>hip
tcW crumbs o: comfort We're offered In
tho course OF the day. the United States
steel Cooperation reporting slight increase
~ tonnage FOR June. \ wide variety Of
bonds Was pressed for sale hut recessions
were only nominal. except in certain issues
where spccia! influences operated. United
states government bonds were unchanged
on call.
New York. July ;o.-cau money steady.
2i4p-S. ruling rate, -. closing, "a.
Tim" loans steady. st.ts days. :'2. ninety
days -. SIS months 3a.IA Mercantile
slNry days s, S5,,, demand sis;ao com.
mefc!sl Mills s. S5nsi S,i. Ear silver. si'.
Mexican dollars. A.. government bonds
steady. Railroad bonds easier.
RICHMoNn STOCK MARKET
nv Caskie q. Burch & Co