Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-10
ONE OF WIDEST DAYS
KNOWN IN WALL Street
Rush for Stocks Continues Right Up
TO Changing Of Gong nj
('lnSp
oUTBURsT is MOST IMPRESSIVE
Orders Flow In From All Parts of
Country i'm Manner Not Seen for
Years-Ninny Issues Reach New
High Levels.
BY BRoApNN WALL.

NEW YORK April lit was ~ the
widest day. OF t-nd'nE Racwn iu ;he his
tory o, Wall st,"Cc,. Total 'ra2.ecpNn, Mere ',,
road and Industrial shares as well as spccu
reached nov hich l"N"ls. III" w'id rush for
stocks. both from proSr"ei'vN sr"cu'storS aud
investors VOL nS shoriH r"n'inEHd isn't
iur 20 tho cIanrirs ~ tn" gong az N" ''"s".
highest Of tha season.
Tho ou,hurst Of speculative" enthusiasm
that found its reflection IN record prices WAS
most I'm pressivc ana tho commission house
were erSwded ihr"uShG,ut me Gay ,,rnSrs
from all parts OF IN" country ln maUuc-
that has ;.ot been seen tor wears
In tho mad rush To ruy. all fears PIE
corner in Isatbloh.Tn S,ao ,ra- tyn.,rt ,,roh'
market. were thrown aS'd" 'n5 VIM" Beth
lehem was not rs crrauc - on Thur>iey &
previous high record, IL closed Mi,h 81 net
Gain OF points.
undoubtedly du" 10 r"rcTai hno"i"tg" that
It's speculative advance hos he"n iuv"snSatsd
by the Stock ENrnanc" ouihni Tics tnj no
evidence found az mRnipnlatiun or cor
nsr. Charlie N schwah presiaen' ana
chairman OF tho Reth'ehcni. laughed AZ 'ne
stories that ~" was caught short of m"
stock and said that tn" office. "f ~"
have any interest in the stock market.
It was the assumption ~ leadership ~
ing Involving tho sale Of blocks 90 more 'haH
profound Impression on Wall street The
case with which this Issue rose was ac
cert.d conclusive evidence that q large
par; o. tho buying represented climbing
the new business being taken by the cor
porat!on Was such n. to juSiiiS TIA. ad
vance elected ne Information rhot IN"
increase In orders iha' began with mo turn
of the Now Y"ar has not continued. orders
received In March being !.ss imam tho-e
this reason. together With the ,ucreuse'
shipments OF the corporation last mouth.
announced to- morrow j. eNpected TO SHOW
a decrease In orders On hnnd compared
with tho end OF February. TN" corporation.
however. liz understood to have received it..
share OF the foreign business that has been
placed with American concerns
Even the railroad shares witch have been
known showed now sign, %. n:c Heading
was the leader of this GROUP ana shared:
LEADERSHIP OF the marke; in tn. last hour
OF trading. and closing around its nigh
points.
Equipment shares showed strength and
the railroads for nov rolling stock are
panles arc bus; turning out H" sh"p,e 's ann
other wRr Inatnria' Tor the foreign gov
many OF these companies thar hac never
before made shrapu.l were doing "a sub
s,anttai bushes on This account u, NJ.
Canadian Car ana Foundry Compary mat
thirty American concerns We're busy helping
=
orders received from ;ne Russian govern,
ment. The equipment companies az. also
busy on English and French orders for
shrapnel and war material.
Corn Products was strong and higher cw-
Ing 10 reports that IN" company ; counsel
were very hopeful @; winning the sui,
brought against the concern hy tho gov
eminent
NEW YoRE. April .-The wave If bun
ruined higher proportions to-day in Z, buoy
ant nprush OF prices and q Gagrs. ~ ac-
tivity which surpassed anything In the 7.
cent history OF the domestic securities mar
kets.
To-days movement was OF especial sig
by the olo-tirne speculative iavorites sp..
c!alties. including Bethlehem Steel and the
motor shares being comparatively inactive
Enough very strong United States St.cl
which appropriated - per cent OF the huge
total.
Heading also was taken UP In thu after
noon. offerings o! u" 10 3H5 shares being
Teadily absorbed ~ steady advances Union
Pacific and AnalgaInated Copper helped
to swell the rising tide, while granger
shares. trunk lines and minor !ndustr!rls
eouipH cnts anu Utilities trai!ed along all
81 higher levels. Top prices were made H.,
hnRl dealings
, After The markets close, the financial It's
trict vas aGos with ruHors dealing mainly
with the condition "t The short interest
CHAT II ha1 been Utt"r.y STAMPED ny M
gays rise was q matter "t general "Iiriou.
Elements OF outsts.iding s.rar accounts womb
be Effected ov.rnis-;.
: Bonds, strong. especially convertible nn4
Ptrer speculative Issues. Total sales pgr
q United States bonds. unchanged on cali.