Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-01-12
.0LD-FASH|0NED MONDAY
ON WALL STREET MARKET
and Buying Interests Sustained
Until Close.
RAILROAD SHARES IRREGULAR
Chccred by Further Break in Price
of Wheat, Easier Money Rates and
Absence of Foreign Liquidation.
Bonds Active and Strong.
ny BRoADaN WALL.

sl SEw r S%nK W 1r E,9sgs
to points were numerous In the indus
buying Interests were sustained up Til III"
SIose. Attention was directed 10 the
United INIT Ka'way Investment securities las,
inc common rose !. with notable buying
EquipmSm, stocks "' were strong. Railway
Steel Springs Pressed Steel Car and Amer
points reShichom Steel on nae ac,,v ,e' trading
rosss TO 52E new high AND the preferred
SLOWLY, ran into stock around .. These
shares appeared to lack leadership.
points. and Delaware and Hudson rose !
points on 4 single trade Aut"mohte !s-
preferred gained move than points and
Studehaker rose from $685. Se,s on ex-
cellent reports OF curr.n; business
Railroad shares were somewhat irregular
though higher in the main. southern rails
Nashville sold at l!sAs an advance from Ill
when the dividend was reduced last month.
Sold a, ~ Vas sc,ivS to"day ' -, -, g''1"'!
Union Pacific ana Southern Pacific each
centra, jumped points T:.' H MissoHTi W i ARK
sas and Texas was bought Tor foreirn
Bonds we're active ana strong with the
heaviest dealings IN Consolidated Gas con-
hoard Air Line adjustment IS advanced
iron 500. TO ~. The semiannual interest
OF .'c per cen; comes OF February : There
Is letter tone In the market for
,rcrtihle bonds. Southern Pacific convertible
demand for such Investment issues as
Union Pacific LIST IS; Northern Pacific is
and ;Aichison general Is. An inquiry FOR cop
BREAK @n IN s' re-, n Tss 81 Shss5ed by ar,ns
rates and an absence OF foreign iuuida.
ton. but tho Street itself has taken little
nrect interest in the recent advance and
Is looking with d!strust the buying thai
insists upon increasing In spite o; the lack
OF support by professional traders
securities public favorItes
american Can common is Well though, Of
IN View OF the Importance OF the February
meeting. Corn Products common H. expect
ca ca. to make a good showing this year. and
benefit by the revival OF activity IN the
steel trade.
ward movement In stocks was resumed to-
day with greater breadth and activity.
single session tor over a fortnight ana
trading was more diversified II embraced
lancous issues bu, leading stocks were
prominent throughout. United states Steel
result OF last Saturdays excellent state
mcni OF untitled tonnage FOR December
more active group while a few specialties
gained much more. Coppers also improved
price of the metal Incidentally the grain
markets furnished another sensation with
nigh record quotations
arSm,s %f to Rs vsgry for securities
IN" ANcShhnies appear more nearly nor
i'ini than any other part of the country
nc foreign situation reflected lI.tle
cnHnrc hSid" from greater knrss I'm OK
chhlSc i.ondons market firm with
some Increase OF operations. An interesting
feature OF the statement OF the Imperial
5000 90 " '''''''
Local money supply was In excess OF re.
quHemehts' hut affected no change In omen
rates. Long time loans were made M Tho
recent minimum OF 80 per cent.
bNhuS We're strong ANA active with
ihaEhct gains in medium grade Issu.s
IIthi saits par value s.. .Ooo
United states bonds We're unchanged on
NhM YORK. january u.-Mcrcantile ma.
Ter, "HtRi. sterling exchange steady: sixty
gay hills. - si.j; Tor cables. Si.Si25: for de.
nHHnn, $50" Bar silver. Ias Mexican
un'larS, St'2 Government bonds ster,iv
ha!iohd bonds strong. Time loans easy:
,tAIE ana ninety days 80; six months Sa,sii
NtlI money. AteAdN ~ '.Y'i'