The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-02-04
DAY OF ACTIVITY
|NSTOCK MARKET
Moves From Dizziness to Strength.
Through Medium OF Low
Priced lndustrials.
THIS FRACTURES TRADITION
Foreign Houses Anticipate Fa-
vorable Construction OF Any
thing President Might Say.
by nKoAnAN WALL.

New York February S.-To-day's stock
strength through the medium OF tho low
lhhic.ed indnstTialS. iracturns tradition
:, menace to intrinsic values, tH'''''' issues :
Great Northern, preferred crossed l94 on
arc credited with plan by which the chi
CaSo, Burlington and Quincy Joint As arc 20
% take over the Northern Pacinc -f holdHrs
Of Chicago. Burlington and Quincy. This
though not competing connection and forge
oI nav Ink In the rair9ad map Of The
ON Great Northern preferred
senboard Air Line issues were aggressive
" strong. Financial developments are brew
ing that arc expected 10 enhance tho value
s9ih ne p fommOn ana PrefsrTsa shares
Leather preferred rose 10 par p ana the ' COM
mon point. Colorado Fuel and Iron,
Cd more than a point. Pittsburgh Coal Is
United states sta &c ; steeI common showed
sf 81 ,ss Brokers sailed tho floating supply
firm. The domestic, demand for copper has
improved materially In the last twenty
IS feported in the Shsg MARKET fof
.arse DOCK OK The metal. The steady de-
:nand from abroad at improving prices con
Liberal Buyers of Copper
toTelEn houses We're liberal BUYERS OF
copper shares. Amalgama,cd closed strong
Mhich is co sGin Of Sack Tsn Ts Coprer
traeuonaily. and Anaconda n longtime
iavoriie OF the European markets. sained
:; Amcrigan Can sold down to 5iis before
recovered TO SSi. when the public became
"Cu+f 10 buy LOCI shares OF General Motors
Jumped tho price from 81 TO So
;, ForsiGn houses anticipated there would
y" favorable construction Of whatever the
President might announce. and bid up the
III Of internatiomal stocks shortly before
~ 1874. southern Pacific AT 90 Canadian paci-
~ at 2l9 ana Amalramatcd and steel at
Favofahlc Mexican news was further re-
ieg'en by an advance in Shelters and MrXi-
Selling in Rock Island stocks ceased al
most abruptly. The impression exists tina;
ers to accumulate the collatcraI As TraG
lns Was again heavy In this Issue tho price
adjustment Is were also a feature risinr
more than a point. New York state ii.s
ISSUE Of sco55 souh '9deN Yalh l'S \s,a Tns
as tuaranteed by Louisville and Nashville.
frcc>t Market in World.
o. The attitude OF their Representatives. al
Washington on the question of proposcd
Gay enjoys the frecst market in the world
igF dealing IN securities With publicity
rental bourses. rcstrictive iecislatiop I hara
would undoubtedly drive public trading Ia
LONDON OF Montreal. with an added e<pensn
'Ee hHnnc ana quite away from the reach
Now York February fluctuations ad
g3uced slowly IN the stock market today
the market displayed unmistakablc arm,
'tss apparently derived from "a steady in
ta'ntnt d'mHno quite much as from
.pecnlative purchases The close found vari
Gus representative shares lug points hlrber
ne character OF the buying was inJiSntnj
us me to9u demand 10Y bonds and invest
L.e.t stocks The new issue OF New Yoil,
H'hle t'ss soid at llSis, new Lirh miro.
a E'@,tpo issue OF hoads guarnn,eed IN.
i-"uiSN'ile ana Nashville. was uVcrStbscrJhed
ne market was freed from Influences
N'l.'. depressed - yesterday, Roclt Island
St,uI YES iobounded from their low prices
London which sold extensively her, r.e,nr
Jay reversed its position.
nm stocks again developed strength. Their
",,t.,He. "dNAnee gave rise lo unofficial
.sfvItS thhi Northern Pacific ana Creai
northern would gttc' up control az RuriiN"
NH which u was s.id. flight confer rights
tP"!l sh"Fehoiders I'm The controlling COM
IHE'oH JOINT Is Some OF the SpeciaitIes'
developed pronounced strength General
-'"in!S mot az - points. although II suh-
s.gHe!t'N l"st a large part OF Its gain con
ar the metal. The Can shares we're 1cnr.se
'' tolnrgi"rily by the showing made In tie
IpalH annual report which revealed
Increase IN net OF about $1,000 600 Tho
i'ocH Island rcfundlnE As rose -. q b6va No
DO" price. United states bonds vnr. NM,
changed on can.
New York February Money on call firm
81 !'H- ruling rate, 2. closing az Zine
:lti'S' STEADY, SlAfy days ~. ninety DAYS
"'yt' tx months, -. Prime !ncrcantIIe
paper S@4i.- Sterling exchange steady AZ
!gmHEg ''oWmefClM bills. $LS3 Bar silver.
.- Me%lcan' dollars 45i. Government
''"'' steady rairoai bonds frm
GltlIMDNI STOCK l<RI.t"I