Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-25
CONDITIONS ARE RIPE
! FOR FURTHER ADVANCE
tinued March of Stocks
Upward.
BROAD WAVE or BUYING
lndustrials Are Carried Up From =
to 4 Points, With Copper Stocks
Leading and Equipment Shares
Following.
BY BROaDAN WALL.

NEW YORK. April a-Stocks closed very
strong To-days short session was or
liVencd by broad wave OF buying carving
me industr.als up from TO points. Cop
per stocks lei Equipment issues followed
With q final squirt in Steel common. which
carried the price up points. The opening
vas tame. with speculative disappointment
,i'nls ON in,erhornuch- Metropolitan ore
l"rred. Trad,rs who had looked for quicl:
us" upon which TO TAX. profits were tho
oilers but insiders were heavy BUYERS on
ne reaction which followed.
HEAVY buying Of high grade bonds 81, adj
'antins prices and purchases Of 81. Paul
,n,on pacihc and southern Pacific 10y IN
steel common touched as, Al the opening
Ann was duil for -" Nrst hour. when tn"
in'i rir" crossch ~ III" buying Increased IN
str"nE demand ~ ~. During the past week
,ock by %" bsakins nnse mn IN r9
nnrSh operators Eumors current tina.
ayorahle decision would be handed down
IN IN" Stc"i suit an Monday.
Peterborough Metropolitan preferred was
'o'd d"Hn below :" on '@p"rtS that The plan
n "NchanE" the present stock f"r
nar's would not through
important 'oni"rencc. yin take place in
n'ir"r copper companies In close union 'V!th
Nn"conda Th"r" Was heavy buying OF Utah.
ina; the dividend rate would he Increased
=, =, ,Inn. D"alin=: we're unusually heavy ia
nttiss intN tIrn np under the Wing OF the
huyinE attributed to insid~rs. American I."-
,oiro'!yn gaining 8 POINTS and Baldwin rising
i'rssider; boheay 90 Mexican Petroleum.
arrived from Eurnp" with tho detail, of ,ho
perioh Of y"ars vith tho British govern
n"mt for "il. u Is expected thar tn. STOCK
VIII cross ! - when the extent 81 THESE
,on'rsc,s Is allowed to become pubic.
Aoa shat the Rock Island has been sa,ely
n.I"%n on ~" snsh. out .! the reach az an
probably return t" American can Tne stock
"a r s.ro"f ,s i?as. sf'".as n:@ oon,s
=, ~ 'is- of !" points during the Week
,.2i'ea N1!I""% investment "hion controls
PAM when earns y pcr cent ana paid
Is and thc. preferred advancing 10 -,
fittshurEh coal preferred. paying per
r.n' sclS about =. Tn" directors II ;hl-
paying tho back dividends. The iucs. Ion.
ma" sg !. ,.ken np during the coming week;
to be ripe :'r a further advance.
SEN YORK Aprii = Tho -sck rnark~,
developed unlocked for strength in cnn l;,i
ter half OF t"-day's short session. closing
win an almost hG"yaut tone under ,h- Lead
~ United states Steel Tn. stock Lcc,,na
the dominant feature. gaining . points "a ;h-
me government against tho company would
'oon 10 decided on reasonah,c terms
In IN" early part 90 the session, leading
"stars'n shifting Ia "p'ar' issucs tho metal
n BE- and M"Nicsn P@,toieum copr,ers
NJ
n! tho low priced Issues making new price
recnrds Mexican Petroleum also b-ok. an
records, making nov gain ~ g.. points on
confirmation 90 III" report that the cum
prny had enteren into very ADVANTAGEOUS
selling agreement. with leading British in
i-rcsts.
Hcad!nr. Cnion Pacific, -. Paul and other
stocks In Tho Investment class shared ir
ne la'"- movement; stocks of the roads
coming within the category of rtorGEr!ze,i
properties were under pressure. .s also were
sorre n: the isolated issues.
The bank s,atrmen, showed an uno>rcc,-
-diy large cash, which reflected IN Il reserve
increase o! |spp".l Loans Expanded by
E'1e over {!6rNi!.i. Ir,nUSiaerahi.
amount, considering the heavy stock trad.
i1r Of Ihe weck
honds we're MANI; i,r.rulsr Total sales,
He- value, aggregated Is 90 do
tinted states bonds were unchanged dur
ing the week
SEW YORK. ,pril "a Mercantile p-rcr.
ss.i Sterling exchange. easy. sixty day
oiII-, s.-s. for cables, s,;,.j. 10, icninni.
H'? Bar silver. ~, Mexican dollars, 81.
,iorernncnt bonds, stctHy; railroad bonds.