Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-23
.LULL COMES IN PUBLIC
DEMAND FOR STOCKS
Days Market Shows Irrcgularity in
Prices, but Ii Is Not Con-
sidcrcd Weak.
MANY BIG TRADERS BEARIsH
They Look for Substantial Reaction
Before Upward Swing Is Resumed
Agnin-Strcngth in Copper Stocks
Helps to Hold Confidence.
ny BROADAN WALL.

NEW YORK. Arri o2-Th"re came luli
days market showed considerable irrcE
mlnri'y IN prices though hnilness rather
Out f-town orders showed sharp CON
traction and professional trading absorbed
than has bee' ro,cd for some dime The
strength in the corner stocks was an Inn =
COPPER on heavy trading advanced 20 n nov
high !ovcl Of H. and Am.lEena;cd ro9" 20
iiw. ana stronr T-r,or m" roci.io So,,thc~1
Pacific. Reading and other issues ~ this
selling for foreign acc"un; nlrs prcssurc
from the Traders who wor" working FOR a
aTHS.io" y, TN ,-,- was ng'A r'Fn%rr'T
ticilsr strength. Tho Close was in many
carving this stock down to q IT, the ia.c
United Railway 1nyos,,non, showed nd
vanecs O about points each in ne rsm.
Dkti,lcrs' Securities rose : points. aNr
United States Industrial Alcohol. So This
latter cor. pany IS controller ~ The -oru.cr
and reports were current ;hor the sccuri
ties company was negotiating 6" scl ;ne
current market quotations Tho money oh
tnincn from this sale is expected TO "ut'''"
ness. International steam Pump issues N-rc
active and strong on the reror, that ,nc
both domestic ana tor-isn acconn,
American Malt preferred sold At y. The
i nFs ars -eporSc Si TO he iinFT row an"
Missouri, kansns ana TeNas securities
the pre,crrcd ciosns a, - It II can abe be
positively stated that holders OF more
Ma H not Or asss no 10 the due
OF extension Apparently. no progress mas
s sssn n m"a' as n 51 nd "s nc pay
American Beet Sugar preferred sells about
s. ons has s,, pa,d per cen, diyiasnas from
no bonded or Noa, ting indcbtedness, ana the
earnings on the common last year arc, es,
,naintained during tho curren, year It is S>
cent on the common As nj industrial In
yestrnent. tho preferred shares have d's
Inspiration coPper, S wsre an ac,,yc rca:
ore, 81 ln strong I bond naTS r.inE from ~
showed further strength. advancing from,
lo-a1 TO .niTs. Tho demand for good bonds
continues: Central Pacific first Is aud south
Pacific issues mad furths' sain<.
That the market Coul1 grow COMPARE
ncss vas consiG"rea 'ssit n ,enCe
OF underlying strength. This optrior. now
eyer. is by no means universal. ana rnonv Of
looking for substantial rc,rtipu before
The inward sizing T; again fs~uusd. lrres
balance % tho week.
dtsf.ased IN market E'i manner ,o-lay, ,S,si
;!@1sactions falling FAY shor, OF the receu;
GEL! 2Ne:ac. OF million or more shares.
Various explanations ranging from i.o-
'si!eal 10 Industrial and technical coudi.
-:o-. we-o advanced.
he t!spassouato observer. events Of
- 7sst :e% days including heavy foi c!gn
- to--s;ie selling with an ad'niNtare o:
J-c.tsssc-zl operations for the decline,
So. = -.ke ,o-a"y,s outcome mater
f---t. - he lhs, hour when the list
-.:cT.:i! from it, torpor of the midscs-
$50 T:,a declines OF Ia points in nuuner-
80 II --c.:art stocks.
E'-.=s- moved contrar!ly from tho outset.
standard stocks and the lower grade rail
Gays tending downward, while conpers
moved 20 higher quotations
N!rG- railways nEaiu under tho
cloud. arising from the Rock Island re-.
ceivership 'rohtcco i>sG"s ami score Of
secondary industrial ANA equipment stocks
made more less substantial al .auCss.
some OF which were retained.
Investment conditions offered more an
couraGement than found In the stock mar
Ret
a moderate rally in Rock Island ISSUES
and strength In copper ConvcrtinisS i'm
parted trmncSs TO thr bond list.
United states bonds were unchanged on
call
SEW YORK. Ap'i! :: Mercantile paper,
%isF3N.. Sterling exchange. easy. siN,y-day
bills Si.1t, for cables. Si.91.. FOR demand.