Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-08-14
STRONG UNDERTONE
seen IN STOCK MARKET
This Is Despite Weakness and Sharp
Breaks Caused by Anthra-
cite Decision.
spECIALTIEs RULING HIGHER
Several Of tho War Issues Touch New
Top Marks-Action OF Commission
on BituminOuS Coal Rates Is Fa-
Vorable News.
RN BRO \DAN WALL.

NEw YORK. Angus, is-Asdc from, tho
weakness aud sharr hrcahs in tho shares
nc rniaN"rabl" decision by III" Int-rs'n'"
Commerce Commission. tho stock market
crHl srrCt1ltioS rose to new high prices.
~ The opening price. changes wer" ir
regular The declines In tn" coal roads ran
niur from to 81. points. the ma Ninun toss
hcing i'm i.ehirh valley Dealings in Erie
were tho heaviest at the beginning of trad
r pS I n@@p& I FoGn5s n 'hs n Il, ei
inss there was substantial recovery in
loss ringing from to nearly roints lie
hish Valley suffering the most.
i'tic. 4 any. effect from the coal rate 10
ttson and were strong ur t" the last hour.
when they had n Weakening spell. nw; re-
covered most or the drop by tho close. The
recovery was IN fun swing when tho gong
changed for The end Of trading. leading 10
;he expectation of It's continuation early
io-'rorrow
In the carly session motor stocks a,tr;c,-
leadership Of WiilvS- overland. II rose Is
points. IN, lost 6 noints Of this gain before
noi'.ts. and Studch'.kor touched III" now
high Of = on expectation that tho dividend
Oue favorth'o news devclopn,rnt VAS Tho
de,s'@n nrsr,"i9r ~" tt% o, n',.,p'"" nS
junction points I'm Tennessee Mississippi and
mon rising e. tho new liich for thi, move
mont of T. Reports were current 'hat Inc
Ro,hlchcm stool Corporation ar1 haG largo
war orders hnt this was denied by ono d
-cc'or Following tho denial the issue lost
q l1~Co rnr, 0f ~ gain
Traders and brokers said TODAY that the
lnvestic, tion revealed tina; tho. COMPANY has
rrrctiraliI concludH ~ ar"ther lGrr" Nnr or
Ter With Rus'i" The directors within the
iur ut ,,hicr this order vas discussed.
Express, stocks w"r" higher, Adams Ex-
rrrss using ~ points. aud American, En-
0~css. ~ points. strength IN these shares
j. iue 10 thu recent EXPRESS vat" decision.
,rrrcitn ra,o oase a1t ~ the wav. admirers
- 'he rar,rc,'6 shares claim tina tho worst
= rrowr nrd tha. srscuini'Hu viii rc"ive
in this rroun cf shares Banking interests
-" r'ror'"d /" h1rc h""r accommodating
'r">o ,ha'cS Hud commission honrcs are
s,,c of nv. ~ ~. 'arrost shirs Of tho
rn.iG, Mail Stoar hin CoinpouN to two
,,ltnt., T-are0or; u inc. uh'r', is owned Nv
VIC International N"rC"util" = rinc should
revive speculation IN Pacific Mail shares.
Nl'w roRN. >urus, la rho overnight
'c''siuu ~ tho Irtors,ni" Commerce. Com
mission. directing swNcniuc reductions ~
-''rs NOW charged lay III, anthracite "nN-
.r.dS Vas ,ha event Of URINARY srec'iln-
'fre inheritance TO tO-dnv's stock market.
SN7r"s ~ tie companies most concerned
r'ris,cr"d initial losses OF :" points.
'Ns balance Of tho railway list ro"o linr
VOC moderately This decision was tenn.
ro"arv neu'raliTed ny later ruling o:
IN" cnnmsr,c commission. which In
sNuce favored the SOFT GOAL roads but trans
nortauon s,oo Ks wore under r"nsan; press
In tho meantime, war spocinlties. especial
lr those Of tho moro m.rcurial character.
N"rc again token in hand by pools and
indicates with resultant advances Of
ga points. Tho movement In motor shares
wider than in other equipments In
.'ust-isls New h-h records irclu To-,
WHY'S. overland At 'Af auh S,udcNaker at
To ,ho student uf financial conditions. tho
-irnincH0t feature Of the day another
nr. rar,e 10 rv~s, rates ever 70 ', or'"
lint" Sew Nrrk h"rnmc financial c"rtnr.
pe'uurI sterling fol- to si7oi,, or oi2c under
Yesterdays minimum. aud Paris Oh cClSs
$50 showed depreciation of &C. from tn"
previous DAYS low rate.
Fou'S. irregular with narrow Guctratinr~
United states coupon IS declined .. per
cent call.
SEW WORK Aurust = Mercantile pa
raf "i."2f Sterling. siNtv-day bills. sse7:
for ieW"ud So. FOR cables :i-.'' Par
,iLNer- a.. NeNican dolIars. = tinvnrnrlenf