Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-24
old LEADERS IN MARKET
COME PROUDLY TO FRONT
Public Buys Stocks, and Wall Street
Has Its Best Day in
Months.
SOME SENSATIONAL ADVANCES
Steel Goes Up Nearly 3 Points. and
Other Issues Are Soaring Skyward
In Buoyant Trnding-Mnny Bulls
Are Sold Out.
ny BROADAN WALL.

NEW YORK. March 2 Tho public bought
stocks. and Wall Street had tho largest day
since tho reopcninS Of the exchange last De
An the old leaders came proud, % tho
front. Steel rose nearly 4 points M heavy
trading, while Reading, which has h""a soft
it?N to 1883, catching st0r-loss orders and
waving havoc with the professional traders,
Union racinc showed pronounced ,rNnEth,
he buying easily absorbing Il hlorS ~ about
the marke, for som" time Southern Pacific
rore In sympathy. Will" Now York Central !,
Atchison and Baltimore aud Ohio all madc
substantial gains Inactive issues. such rs
Delaware and hudson aud Illinois Central,
rSs. points
Copper stocks were very strong. ,,naIra-
mated gained points on 'ho report that
rf one share to receive two Sht-c- 81 Ara-
cond2 and a cash payment vAT:ousiy esti-
mated from s.s s.; snare. r,ah vas In
good demand AT 50. The metal markc, was
strong. ut l5'. cents
Colorado Fusl ,os.e. ~ points on me report
EocHeieiler interests. This stock IS CON
s:derpd by many 70 ns owe ~ the ch"apc"' of
the steel issues Bethlehem steal moved or
raucaly Opening At .. the price ,'rorrei
20 g. with "A recovery 20 n'. II : reported
their commitments
Sugar stocks we're strong and local trac-
Equip,ncn; issues scored Substantial gains
SHORTS dill most Of the buying In thcs"
~, go rr fS,T%I
favorable action "a, tho Forthcoming dividend
meeting and Corr. Produois preicrrca rose n
larger distribution thar usual a. he neat
dividend meeting.
stocks, MAXWELL issues, WHY'S overland and
Genera! Motors were all lower.
Bonds we're ovorshaiowcd by the broad
tTndlng In stocks. although prices were firm
aud minor advances recorI"d. There was a
renewal OF selling for German account but
offerings were easily absorbed
Commission houses advised profit taking.
healthy condition for sold out hui! Is tho
We're r%i M i'h n va many S'e ,nsnnres
Having become accustorleG to narrow cue
tua'ions, they took profits ana then fought
SEW YORK MaIcr The s,tanses,::
the year was witnessed to-day. dealings
hcirX on tn" basis -! considerably more t'tan
!"N." shares hourly. standard stocks re-
sum,.d their leadersnip Will. recently active
spec Ia, ties were rcieGatcIs to comparative oh
security.
recorded gains o: to =. points. AMI Heading
made iu!. recovery from its recen; acute
gaining =. points In connection With IA"
ADVANCE IL refined mctai TO IN cents. United
HfEr"Eat!uG 3.p"5 or more shares Various
!ehcln steers course plainly denoted an ac-
ccsston OF selling Tor pronts The stock made
AN Ifltidt rise To u.s. new nigh record, but
closed at leS II nci loss OF -. points
Fest prices for tho general list we're regis
Tered in the final hour, the high level being
attended by greater activity. Among the
lays favorable Influences were further large
sold imports from Canada. indica tons Of tho
p!'ic.pg of additions! foreign credits ut this
center and renewed weakness IN British and
French exchange, With resultant advantage
10 this market Foreign money markets now
are governed by conditions imposed by Amer
icau bankers. and pr.d!C lions freely in,,de
that the current months exports viii exceed
AL corresponding perio"s by many millions
~ dollars.
Signs OF growing demand for Americans
were seen In The LOnion market. which Mas
urIH IL most branches
southern Pao.nc earnings for February
showed gain oi $500, and minor roads
also reported Improvement;
Bonds were steady. tut the movement IA
thRt quarter was more restrained. Bonds
M"re unchanged GA call
NEW YORK, March ?3.-Mcrcan,ue paper.
~ sterling exchange, steady at decline:
siNty-dn hills, ji.tr. !or cables s. 5>:; tor
demand, si''?i Bar silver. 39a.. Mexican
dollars. 3SL.
Government bonds. steady: railroad bonds.
firm. Time loans. easy si&,y days. 2s.:
ninety DAYS. ~. BIN months. 3u2i. C.ll
iHou"E. steady: ruling vntc, %.