Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-25
UNION PACIFIC LEADS
IN ADVANCING MARKET
One Order for 10000 Shares OF This
Stock, With Extreme Gain
of 3 Points.
SMALL SETBACK At CLOSE
Price ReccssionS Frequent I'm Rising
Market, and Street Is Confident
That Figures Will Continue Up
ward Trcnd-GoOd Bond Demand.
BY BROADAN WALL.

NEW YORK March = stocks we've strong
again to-day There was further in
crcnsc IN outside huyin; with several heavy
purchases for purely Investment account in
the standard issues including ono order for
la,"c shares ~ Union Pacific This s'och
was the leader with All eNtr"me gain of
points The advance induced selling from
London. but the offerings were quickly alb
sorbod.
There was a slight recession IN tho Lead.
ors at tho close hat this was construed a.
favorable to a continuation IN the general
advance.
Atchison, which probably has made the
best showing OF any railroad ros" points.
and Baltimore and Onto crossed - on the
publication of tn" February earnings. Read
iur was active and strong although the
price changes at the "nd were urimp"rtani.
Great Northern preferred. northern Pacific
and PENNSYLVANIA were picked up hy semi
Investment houses in liberal amounts. Erie
issues showed pronounc"d strength ,hI
was supplied from London
EnFii*h selling wns t"A,nrS .n'r y. IA
ana 80, shares None -; this business
could hc tanc"d "a ia" Continent Missouri.
Kansas and Texas issues v"r" strong ON
renewed reports that ihr company would
:. t!s;nctori!y extend the S!s,5n'.;'2 notes due
May !.
Amalsamated Copper rose to &c on buying
~ anticipation that this stock VII be re,
Is" ~ ne iGf s,ocK Mns heavS
around cSi.. Tn" ,riror copper issues were
easier, on proA'-takinc
:nEs Bethlehem was hardly noticed In tho
days work, the price novcring around 6sia
y restfu period Will do this stock good
Equipment issues ware strong on thu
declaration OF the regular dividend on Amer
surprise TO the Street as earnings for las.
year were notably poor and present pros.
ierred rose IA points on n sale OF 40
General Motor. made a gain OF 5 points
Other automobile s,ocks were neglected.
Among tho specinlties. Cuban American
points and United Railways Investment
preferred gained points on the pnhira-
inss Of s5?i,@H for isi4. despite the com
pany's labor troubles
Bonds were strong with an excellent de
maud from investors. Foreign selling was
At I've beginning of bull rnovcmcn, ccrlv
ant. Perhaps to-days modest setback NJ,
me close was al tho mnrke, NIL experience
Tor ihc time being, although Thursday ts a
rooa Gay for lower prices in the best OF
hull markets.
NEW YORK March "a rriccs o, stocks
reached new high levels to-day on vol
laws big ovsr,urn. with i@ y important
exceptions. quoted values were no, only
u last. when the market rtopeuei. but in
many instances they are considerably above
lHc average OF July ", Whcn thc cSChauBc
suspended.
linton Pacific was the leader making a
maNimuin gain OF 3't points the largest
Individual number OF transactions. United
states Steel. Reading and Amalgamated
copper followed In the order named all at
striking advances, while Erie WAS we'll to
the Tore in the minor group. Final prices
werc substantially Inder the best. aut ths
close strong.
Copp"rs We're further benefited by another
advance In the metal, ANA s;cers strength
was accompanied Ivy reports of Increased
production, resulting from lHrE. eNpor. or
'l"rs Equipment shares m.d de material
gains. American Locomotive preferred .is-
90 the regular dividend. and many hitherto
dormant Issues rose from TO 3 points
Mcr- bold imports and some very excel
lent railroad returns for February CON
iributer TO the movement. Foreign exchange
markets were loss of a factor day th:r:
at any time Tor weeks past. Reniittances on
i.ondon. where buying Of American stocks
was reported. fell To within fraction OF
Yesterdays low quotations. but recovered
later. Continental bills were generally
!irmei on lighter offerings by local bankers
Fonds moved more IN harmony with the
stock list. with d!m!nut!on OF sales for
future delivery. United states bonds We're
unchanged call
NEW YORK. March 2i.--Mcrcantilc paper
80 sterling exchange. steady: sixty-dav
bills. Si1tI5: for cables, 81 7.l5: for demand
S.1S!5 Bar silver, ttN. Mexican dollars
.N2. Government houIs. steady: railroad
bonds. hrm. Time loans. steady sixty days
:'.; ninety days. -. six months. 3H3L, cali
money. steady. ruling rate. "a.