New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-05
FINANCIAL RECORD
HERE And ABROAD
Prices Jump at Opening
in Excited Trading
Reaction Later.

yt.,o7v O, Ere S-ee, Corporation III
,,o Federal court was followed at the
o,,rine Of Yesterdays stock msTNe'
rv q great congestion Of buying or
doris IN excited trading advances O.
a., 20 8 ro.nts and more we're made
Lv issues that were subjects OF govern
,n,nt action; thc war stocks and cop
rers were higher and standard Is"-
rosds were up a point or SO. After
few moments stocks we're supplied At
the high prices attained and the mar
tet reacted. For the rest Of the CAV
.-sd.,e WAS more orderly. The morn
,ne advances were carried further Only
q, a few special instances. proAt taxing
was heavy. and az the CID OF the cay
after some late selling pressure &C
tive issues ended irTegulsrly changed.
The decision Of the United states
,ou-t that size of a corporation IN
,tse,f did not mean monopoly was 5000
enough news TO start some outside buy
,ne and TO drive IN the shorts. YET
Z, spite Of the total OF almost
million shares that made UP the days
business. It could not be said that the
country had responded IN any broad
tuv,ng movement. Possibly the Ger
man crisis NAV he more influential with
The public 81 large than with the ord
,orv tr,de- in Wall Street. Here send
INC 4 messenger across the Atlantic by
the German Ambassador at Washing
ton 20 explain the situation seemed to
po;nt toward considerable delay. ard
DELAY was expected 20 work for q peace
ful settlement.
SteeYs opening again reached over
roints. but 8, 81 Il touched rs hlGhes'
Of the DAY. much above the hesf preVl--
c,,s mic, Of the year and WITHIN
roin.s and fraction OF its highest Tor
Io14 Dealings in the stock were very
heavy. over quarter OF a mlIi'oh
shares changing hands during the day
rrorr9 half o. this amount IN the NrSt
hour. J., reached rs lowest shorty
before the close. and ended with gain
90 q t,Nc over a point. Report mat
,hA Attorney General had announced
that the case would undoubtedly De
,,roa'el 90 tho Supreme Court mad
practical,y no eject on the market.
American Can. also subject OF an
antitrust suit. made an early gam OF
over q points. o. which good part was
maintained a. tho close. Corn froG-
,c.s another o. tho Federal suit stocks,
made maximum advance Of over
roi-ts International Harvester, which
las been comparatively inactive
changed hands e.: ia, after closing the
NIGHT before al o., but ended with
6-poirt gan.
Nrh further advances IN the pr7ce or
,be metal reported. copper stocks were
firm throughout the day, Ama.gamated
closing over points higher. General
I1ectr,c AZ IFS hest was up over IS
,oir.- on the week. and g report, later
denied. was circulated that the com
ra0v had practically closed contract
a. S-5 1000 900 for rfes and cartridges.
Ioyd Georges speech on the neces-
sitv Of ammunition for the Allies
served as a bull argument on the whole
war order group.
The great.r stock market activity
and the consequent increase of april .
cations for time loans failed 20 stHen
rates. which instead showed an easier
tendency. From known movements OF .
currency gain Of around SlIVVO'ooO .
s. predicted for local institutions.