Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-01-15
bal |MORE AND OHIO
TOPS TRADING LIST
Stock Rises After Declaring Of Divi-
dend, Putting 1t on Per
Cent Basis.
PRICES ARE GOING Ur
All Efforts to Dcprcss Market Have
Proved Failures, and Better Fig
ures for Railroad Issues May BE
ENpcctcd-WcSt Is Optimistic.
ny RROADAN WALL.

ny RROADhS WALL.
NEW YORK. January li.-Closirc prices
were firm In the stock market to-day. fol-
lowing the declaration OF tho Baltimore and
Ohio dividend Extreme dullncss prevailed
durins the carly session. hut dullness docs
undertonc held steady with ,spurts OF ac-
,iyi,y. Mt advancing prices IN the Indus
Trading IN Baltimore and Ohio topped
"a" list. From 6Sas tho stock rose during
seller. hrcakinr "' "o,e GnrS to r ge,. This
encouraged some OF tn" floor traders 10 assist
promptly checked when the company de
clared ~ per cent dividend for tho SIX
lowed. carrying til" price :" ~, The Street
Ma, highly pleased that tho directors had
the stock on a per cent basis instead OF
cutting tho rate TO : The whole list was
fractional.
An recent efforts, 10. deprcss. prices have
be expected that railroad stocks Will lead
an advance n; this time. no money is made
In Anticipating fresh disaster 10y short sell
s;adeoakGr rose points crossing % The
oil! stock Of saddles, harness etc.. q; good
prices turned stale asset into cash
profit AMI tho heavy orders that have been
hooked for new equipment insure activi-
IS for months TO come
from Boston Tobacco gained points on
the turnover Of lo0 shares. Report has /,
mat last years earnings for this company
SOMETHING Is BREWING
IN COPPER INDUSTRY
In tho copper group. GucEcnhe!m EN-
ploration gained moro than a point. with
promises of greater, activity. Something
firm and Utah active. although unchanged,
The rubber stocks gained fractionally. with
Goodrich the favor!te. ana United States
Rubber good second
New York and London will hereafter he
permitted hy the governors OF the ex-
Nov You've got 1T. whnt, are you going
to do with ., query the commission
london prohibits 81 arhitrnre dealing and
there Is little likcl"Nod OF this ban being
lifted for some tim.
active The demand for the better class
OF OF investment has cle"ne out The marke,
ts were active around II {. r. 6 q.
Joint IS made further gains
Issues nf tho second grade com
Ing in for Investment attention. Western
Nsary,Mna f. gained point, 81. Louis and
and southwestern tst Is We're in demand at
substantial advances while the Rock Island
Most Of the buying in tho Industrial
:m In ihS past few days has come from
money plentiful Local SPECTATORS are
ioFeed with memories Of The recent hard
Of poverty. for speculation is at minimum
figures This IS healthy condition. by the
Ncs. .NI itl' ll'NtStnT
KEW YORK. January 1.-THE tone Of to-
daN,- stock market ranged rom irregular
10 .irni. With Total ou,rut of moderate
proportions Representative shares ros.
and fsll alternately tho only notable ex-
ccpiious being Baltimore and Ohio common
anu preferred and Now York Central. which
coppers American smei,ins and ,ew
Tobacco and Uni,eo states Ru,her au-
N1ncHd point Nore oil small DEALING.
ind motor stocks were in evidence at higher
prices Declines again embraced the 500"
ISSUES, as wei 80 Colorado Funl and In
,H-71t .oral H1rvcFier Corporation pre-
The only real activity OF tho session oc-
CURED r. tho final hour. at when tiiria
~" 'iii,t tors ~ tho Baltimore and Ohio road
d"nd Felrs ri drastic ru, caused a sud
gen stump 10 that stock. rs Wei az tho
balance Of inc speculative list. When Just
The semanuual dividend had been reduced
"n.F ore hair 81 per cent 10 ~ per cent,
profits caused some rcccssons Il, the END.
lut Tho close steady
,nLiher new, OF m" day Included new
usually urgent .Xpor; demand and the
completion OF m" financing attending tho
81, Paul bond Issue ard tho new Russian
roam Monetary conditions showed a pre-
ionccran"e "i CasH over drmnnd with re-.
suitant greater case IL 3 and months
loans Can money again went 10 It's lowest
rat" 81 several months. and .ncrcaatu. unner
OF the highest class WAS accepted bv nuan
cial Institutions at rates more advantageous
High grad" bonds moro than ret,,,.,
Their recent gains, but obscure issues wers
unitea states go.GHme,t. bonds we're un-
changed on cal =. -.
NEW. YORK January 'r-Mcrc,p,,I. -,
rers %NTi. sterling "xchange steady. IN
ty-doy bills, si>le5: for cables. i.iis. fH-
demand. g S3,s. bar silver 4s,. Mc,i,an
q