Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-06-14
.cE sED WEAK
ON REALIZING SALES
and Sterling Exchange
rsll to the Lowest Point in
history.

..w YORK, June i4.-stocks, with few
,,,rs showed further Improvement
.osnIng Of the stock exchange
Y" ~, II was not on lasting quality
p market soon became Irregular
a little accumulation of orders
..einning of business and prices
= =, easily, a few of the specialties
~. ne largest gains, while in the
Issues the betterment was. for
-, mart, confined to fractions.
,h6 had been sellers on Saturday
,,vsrs today, and the scarcity Of
s.cks was larse 'Oi''' i''''''s A'0'0i III
,,rly upswinE.
D lance was larger in commission
snd the talk was generally more
N.,,,ic the principal topic being, Of
VIZ ne International situation. There
a.l'" growing belief that some conces-
" vopld be made by Germany to the
80 Of the United States. That the
s,aysrsy between the two Govern
", viii be long drawn out, as has
.rneoted, was borne out by an Of
Nh s,stement of the German Govern
I, nat IL will be weeks before an
.-.r ean be given to the United States.
y. ,snIy. lt was stated, will be very
N...siye and the collection of evidence
~. many sources will take consider
N. lime. This dampened the ardor of
4. iradinR element, and 1t was thought
~, me market would drop back to a
vttlng attitude.
n,spite the fact that there was another
,s,nce in the price Of copper metal in
twdon aud the selling of electrolytic
M. al 2OJh cents for domestic delivery.
AZ copper shares Jagged and were gen.
,ny fraction under Saturdays close.
lfier scoring a gain of Q points in the
rsrolng session, Federal Mining and
s-,tng common lost all of its gain and
/ s0lnts more, while the preferred rose 2
ants In the first hour and then fell
r,dually to 55, loss of points. The
svsnoe In these two Issues has attract
4 considerable attention In the last few
hys. and the only reason the Street has
ew far found is the constant moving
IN the price of lead, cents being
s,ched today, the highest price at which
I has ever sold
he market turned weak in the after
,con and realizing sales we're rather
sre. number Of stop loss orders were
rught on the way down, shaking out
vssk holders. Trading was not as active
q Il was during the morning. American
locomotive was strong for time on the
of an order for 100 loco
rctves from the Russian Government.
III 4 weakened in sympathy with the
M Of the list.
Prices recovered slightly at the close.
4, anal figures were, as a rule, below the
tsng on Saturday. A feature in the
ia,fnoon was the strength in Virginia
: Brown Brothers, the price rising 13
srs II being lost later. The advance
! ihese bonds was due to the decision of
d United States Supreme Court today,
! thg decided that West Virginia pay |
TFginia her part of the debt. The Court |
~ that West Yirginia's interest should |
4 aleulated at per cent. from 1861 to |
n and per cent. from 1891 to 1915 |
1lkng a total Of SS,17S,OOO interest and |
bal debt
ne Census Bureau report on the con-
nnpton Of cotton in May attracted some
t'nilon 1t showed that &c, ,953 more
ilss we're consumed in the month and
in there were 433,ll2 more bales in
'ihaiacturing establishments at the end
the MONTH
Although more than $780, 100000 of gold
ls now been received in New York
rss the first of the year, 50, 800, 900 hav-
9 arrived today, making a total of S35,-
sW for last week, demand sterling ex-
anse was weak today. The opening
stations was S4.7s 1-16. Later in the
y demand sterling dropped to S4.77Ia,
I lowest point 1t has ever reached,
als cables also made new low record
iaR