Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-09-02
WEAKNESS OF EXCHANGE
RENDERS MARKET HEAVY
Sterling Makes New Low Record.
but Renewed Strength Comes to
Stocks Later i'm Day.
CLOSING PRICES AT HIGH MARK
General Downward Trend Turns
When 1t Is Announced That Ger
many Has Accepted Washington's
View on Submarine Warfare.
u, EnO,DiN WALL.


Nvw Yoi:x ssp.sa,GSr W:c,l;rcS. o'
sterling exchange. tosether with the estyb.
rs"vincss f. The stock market early today.
h,u, buying orders that have been under the
closed prices a,ound the hishc.; Tor lho
session. with gains ranging from " ir'e-
apprehension that tho continued decline
in sterling exchange would restrict foreign
4 weak operine ncGr trader Icing prornf.
II on ,he selling side ot the market. ln
sn.s. q f," re onc mi, stes ,os
oro Than :, point with losses N the VAR
' sSlE :,ns'1 41nr ,5>s r, ~ n"'"''
ON WA>HiNGTON DlS"iTt!I
The general trend turned wien dispatches
;ror, MACPHERSON De- lnred mat Ss"re.arN
erument had deciced 20 accept III" prtn-
,lpie Of the American position on submarine
announcement extended 70 points In Eieei
from the 10" for :he day
,'tat for,ct 'he price N poirts from tho
~ figure "f - established early IN ~"
.t,rel tina, the stcci has hee,, ,,rur'u,,"d
lest Week hv tho firm witch 'cr'.i
res Man! snor,s wro had ,horEh,
moys,mcn' in the s,95es had So'laH:@t
,"cSiaI3 rom ~ Uri.ea " s,p,oa 800
L .
the New Work. Offices
va or's'c - wero s.7o,"e il ne iate Il
II y-"a.,, ,ivsnrc wii,y..overrsna
se more -" Or; stud haker nearly
':'Sns: points
,merle.n "a, NJ 'ea'hsr ssare, ysrc
led ,u me n ,In1yt for me ns'2 a5
p against So -; 10y the previous vea-
s's5ss Dsj srsT., an , Rs" frel;6
CHESAPEAKE AID ONO
Hecent huvinr of chesapeake. and ohio
eek. Will" quiet, his been OF -.-v
j rh class owing % ,he expansion In IN
inu,p;'on OK hi,un,i,io /. coal Is increasi,E
3 ,n,as M ,he Fssa,.r raT Of The r.".
90 earn;ni e. tht rfrn@riH are n''ir"'r
Maryland f,-l assured trrt Tho corner '-y
hosn iurned r''h -Hvari . th7; mon.
tncr.atc Tran,s 'h has shoWa ,Ss, ,,iG
sT%w,h Income has exrsnlca. and mo
rscteG TO 10 y,rv fi,,o-ahIo
Rcrortss. Of snle q 7rr" amounts ~ ~or
-. ,' , ,t,r r. Tho m."vE;n,"n, IN " h",ns
uses, ' An nn"iar o. y Ne HTr 5@m'.i"9
'.-'lat that rpp-ove?,ents for lnc!sa.irr 80
,' mp, outpu, are progressing ~ansrtr-
pc''ed to he ~ tho rate OF 2nonio nm pou1ds
year.
NEW yo, YoRK S,sG,embe, i.-wideIv diver.
'orncr dgrips' ana :ht ke" "ary e.,ion nav mi
r,so.rsl "r.roSemant ls,e; Frr,n.r il.
to hr r' aMest FF svs o md ''.n
,orded "ns cnuntcreniRno"d in tho sp~"u-
complied with wnshins,ors, rrotests to- he
@@EMcent 81 ntan! 1r her polio of ma
rThbunV -
IL nsnk'ns eiroics howev"r, ,h.re vas
the increase do'n"r"li2ation in interrr,io,,ai
81 sfsn's n"mnnI ~, on London f"Il %
eh.oks a, :, % repor,e,i loss q" 81 5e. ''r nf
g. under any rnt" hitherto quoted. willie
IN i5't ina sss fc6I sc ME- all prsyoas rats;
noted. sterling recovering in trll At ono
time.
M st0cS sales for foreign accounts. loci !
raliv IN leHp!nr w'th tn. International SIT i
ne inactive hirh grade rnivsys bonds l so |
extensively held abroad. According 20 cir
r nj similar >me-ic,n securities have re-. /
cfrtiX been h;oTbe.d here a, private sal" !
we5J ;sndns downward % and IN ';,o ni aS
ICnncs which witnessed another rneteoric /
:, ;,- ..Fs' snG aevoia 81 actual Significance
ts .o,I sh?Tes ,leriyed fresh stimulus
;he sp-csai,ies rose on rntr,u-" q. . .,,.
order rumor- together Win M rir.ia,icI,
l,ehera' Moi"rs gained - - 2.hi. q il.w
record; Wills :. Overland - IS: C-uctSIe I
i's ta,t 70 3 ~ si si i'ai5e, q, 70
nl R:nf' ,o ~s, 54sr!ar due !sgFey the
W IuE. arrrara,nd s. p; M 'o'A' sales. par
,all. '''
NEW YORK. Sep;t uh.T I.-Mercnr,ue ma
osr' S<HSS, Sterling, s!1ty-hay bii's ,:-6.
10, .p, demand S.Si; tor cables 1855 mr.
sliNtT so. NeNtcau dola,s - Gov
eminent hcHGs STEADY. -..'-o.I l|,Ss
n"H'v Cal money. steady. Ral!rr liz
BOND LIST