Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-02-27
FOREIGN LIQUIDATION
EFFECTIVELY CHECKED
Result of Sharp Curtailmcnt in
Stocks and Bonds From Con-
tinent and England.
PRICES GENERALLY STRONG
Traction Issues Active, and Steel
Shows Some Strcngth-Coppcr
Stocks Score GainS-Littlc Enthu-
sinsm Created.
ny NRO.NDAN WILL.


NEW YORK. February cs--PriccS General
~ were strong On the Stock Exchange to
day
Automobile issues were strong on further
short covering and absence OF foreign
selling sharp curtalmcut in the ship
men, OF stocks aad bonds from the Con
tinent and England. due to increased risk
and n rise in Insurance rates has effectively
checked foreign liquidation for the moment
'Fo-day's strength therefore could moro
rehdi!y be attr!rutcd to the inability OF tho
foreign investor TO reach our market than
prices
Traction issues wcro active. Third Avenue
two directors nearer to a dividend Than
before the recent meeting. Iuterhurourh is
Stakeholder rose 10 Il ON tho 1874 state
Ineri. showing AN Increase of net profit over
away In the report was this siGnlncan; state
During Tho last few months Of tho year
there were received large orders of an um.
"SuaI nature, most OF which We're not in
port"
General Motors was strong ana Maxwell
Goodrich rose n, Beet sugar displayed quiet
strength. with gain OF pou; On favor
steel stocks were strong short covering
vas noted in United states steel c,,nmon
steel slipped OF IA point IN the early deal
:nss but came back strong At the end or
Copper stocks scored gains although tit
re credence was given to III? report of a
producers sold ahead up TO tho first OF May
almost any nSure might Ice quoted Without
iumor in the trade that German interests
had recently purchased 100000 pounds of
the metal. which was being held awaiting
opportunity for shipmen, to Germany
In the equipment stocks Baldwin Loco
motive issues were weak. OIL stocks were
srenG. TeNat company gaining points
and Mexican ie'rosam holding poin, gain
steady, but hrm drive made a; New
York Central hut This movement was dis
Pacific rosc to 1885 ON the ,,il.uory stnto'
Inent: Notwithstanding decrease in gross
figures being better Than expected. chicago
ana Northwestern for January gained 49,.
To.day,s strength IN prices did not ere
ITO mG ,sh Sn'nn M. Bond dealings We're
"iEn account it bcnS felt that foreign
iigu!daiion was art.iicatly restrained and is
ns to-uay's strength did not create mach
enthusiasm In prices
NEW YORK. February eG-Couric,inp con
ditions ut home and abroad Impaired !,
whsh Ss op ,GnS 40 %, ' scns4 sSg market,
Yesterdays cos" soon made further gains
and then fell back, displaying some trm-
The grain markets were factor In mis-
movement another sharp break In options
suggesting anxiety respecting the status OF
the export situation.
-anotEef goiu importation from Canada
was the most direct development In foreign
exchange bills on London muuircsting more
steadincss' but rcmittanCes 10 the Com
tncnt, especially Germany. showing further
nenr"ciation. Italian exchange Was again
icVctish.
,H"meardment Of tho Turkish forts by the
allies was neutrali1cd by rulnors oi a
suspension OF saiingS from principal Eng
'lNh' ports hut this latter incident i,il.o az
influence on dcniais from authoritative
sources
Spseihc movements o: stocks In tn. local
market Included sudden weakness in Nav
ork central. with moderate strength In the
Cohlers' PaciuCS. Canadian racinc excepted
.nlted states steel, The C"pn"rs s,lG Ger
thin srecialtes New Haven became ne
I'VE In the later options OF prices well
"hoNc lth latest minimum. Rock Islands
stock and collateral bonds sold al lowest
Nnotttioiis IN consequence. /; was thought
IN tht hhanciaI district OF the testimony
commission. Finahoiri operations OF IN,
Wy local bank. Fipr money relaxed louuS
Tor three anu Tour months being negotiate.
~ TO 81. per Vcit
Flrmnrss ruled In the bond market, locnt
fractions. Southern Pacific and Missouri Pa.
'ihr issue, rejecting moderate inquiry
io,Hl SAFES par value, aggregated ~. $4,000
United states government bouus were, an,
changed Oh call "
SEW yoKk. February g Mercantile pa
rer .'-li. Sterling exchange, stctGy. sixty
DAY biiis, S.iE. tor cables, SL>au: Tor a,