Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-05
770NG IN EARLY HOURS,
Tut MARKET SACs LATER
mise OF Activity and Strength in
Trading on Change Is Not
Fulfilled.
IoslNG QUOTATIONS WEAK
taNwcll Motor Rises to New High
Figure, Which Invites Liquidation.
Conservative Trndcrs Await Def
Unite Statement as to Business.
IsY nROADAN WALL.

H. y" YORK. March ;-Prlc"s were strong
3 n hrst hours to-day but the promise o..
rs itiNiiE and strength was not fulfilled Trad
N e ~ anll, ard prices >arcsd until clos
r NHotations Nerrei on weakness
+ ,NaAwell Motor issues rose to II new high
ii sur the FIRST Preferred tnuchins cav. the
Sc"nd preferred 1;Ts, and the common. 2S',
ftr-hc rise invited li0uidation and IN. selling
;o"ttd decidedly hector than tho huvinE Too
t'bNn enthusiasm Is had tor the market IN
" .."n"' l. anu until some definite Stnt"-n"m'
!, prosrrots is received il probahIy wouid l..
s"lSe % think twice before purchasing i,CS-
u sSueS at present levels. Stud"hak"r sofa ~,
To- co.s,o mn'Ln nro"a"E mas MiSr"0i'trh
n, Equipment Issues were heavy. Several are
hnus%s would feel relieved II these figures
we're lowered before fresh attempts are made
h establish another outside market
St"el stocks were strong on glowing re
port from Pittsburgh the steel common be
the stronger.
. point and Inspiration touched ~. Analgs-
mated Copper anu Utah we're heavy. BOSTON
from this center.
Pacific down nearly poiat from the early
prices. While tho offerings are never large.
aT ana oha and IN H fais arm
Reading was reactOnary. Southern Pacific
s eG'G from s rs Sn ES h Stock "eg
'inucs to come from German holders via
fractions were irregular. In,erhoroush
holding well. while Third Avenue dropped
&c &c higher on tayornbie repo-ts Of in.
Used business following the opening Of
Tide and Leather preferred rcs. from
to 2iS. Buying. which looks IKE accu-
ration. has been going On FOR several
onds were active, with strong ;one
1T carried prices OF many OF the leading
ties up y poirt
lailroad earnings for January continued
ShSw rrd ss9 s G Mn S0ria
ns Ss, ESGh o, is , Misssr FTTs
c los. Sos net T. St, rani Win gross
irense OF S2'c."" had nc, decrease Of
. no. Denver and Rio Grandc showed in
ease In the gross for February of s!s7,~
NEW YORK, March Peace rumor..
ore gold imports and adjournmen, Q;
Erect to-day. while the market for securi.
:.aipnt Of business Wheat ontiors teii
gain rs result OF the peace ru,norS Some
IDS from Japan but Canada is contributing
!, Stocks rose and foil. leading Issues moving
wilkins and caprces OF tho professional ele-
men, outside interest being negligible Thcr.
F,wcrr wider movements in some Of the spe-
4 Much OF the carly advance was cnnced
|, shor, interest renewed It's recen, operations
on q moderate scale Net changes In most
a Practicaily all ~" markets for foreign
exchange higher London especially
Showing nrrnness. both for cables aud drafts
I Time money worked L. lower levels. loans
Tor four q" i've months being made at per
lent, although the quoted rate was a irac-
lion higher
Tho Great Northern. Atlantic Coast Line
+ and Rock Island systems made indifferent
returns tor January. an showing ne, losses
of varying degree. while the st Louis and
-sar franciscp road reported ne; Increase
OF sa3l@o.
Tic German war loan notes were pub
liclv offered At Chicago and other Westcru
points according to ndvic.s received here
Tho local bankers 50 far as Is known. are
ne, participating In tho offer.
rho feature OF tn" Rank of England =
weekly statement was another heavy loss
Of gold. the contraction amounting almost
10 !:o@"3'l with large decrease IN It's
liH bility reserves.
Local bcrd dealings were smaller with .
steady uniiertonc. United states govern
Inent honds were unchanged on call
NEW YORK. March 4.-Mercant!lc rnrer.
81, asa. Sterling exchange. firm; sixty day
bills. Si.s.6. for cables, 81 $50: FOR dernan nd.
s,.yIlo. Bar silver, 49, Mexican dollars 80.
Government honGs. steady: railroad hoads.
firm. Time loans. steady: sixty days 2i:u
ninety days. "GW": six months. Sass CAR
money, steady. railing rate, ..