Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-15
MILLION SHARE DAYS
HAVE BECOME HABIT
Also 20 Point Moves in Market Are
So Frequent rs to Cause No
Surprise.
PUBLIC DEMAND is sTRoN,
Heavy Liquidation OF Investment
Holdings, While London Sells
Stocks. hut All Offerings Are Alb.
Sorbed Quickly.
ny nRnAnAN WALL

NEW YORK. April 4-Mii,ou- share day.
IN what is now recoenized as primary null
market. London sold stocks, there Was
heavy liquidation OF investment holdings.
which had been locked In strong bo,cs for
many months and traders sold short round
lois or stocks: but all these disappeared in
the public demand for securities and the
appetite was sttll keen at tho close. Cop
samated md Utah rising 10 highs a
continuation on strength in metal Every
much clear profit, and the end seems seems BY no
means In sight. Rock Island was brought
lowing which carried tho price up sharply
and held the interest. Furious speculation
ing in tho common was emSournged on 'i ~.
ports that under new plans these shares
leaders as steel. Union racinc ana Read.
ING We're heavy. hut this was apparently
overlooked at the close which was nct!v"
Central Leather, sailing about ss is paying
? per cent. Directors viii meet in June when
on per cent basis Presen; earnings ARC
reported TO De running between and ,
american Locomotive jumped points. sell-
ing AZ o. few weeks ago this company
frrred was not Gained last year. ana moth
Ing was earned on Tho common for the
The sharp advance was started on rumors
OF war contracts; eu, the movement was
by the insiders. In some director. who
h2d sold their own stock months ago
Maxwell Motors common rorc 10 rs on re-
ports that earnings were now al the ratio
dividends Is anticipated for some time. al
thouGh the payment OF the dividend on the
first preferred Will probably he taken up
Wardwrn and Adams were large buyers
OF steel at the opening. Traders were heavy
Willingness II bot any old sum that the
stock would go down points before IL again
there is strong buiiish feeiins on the
thnres on the old theory that tho stock is a
md ,,tn
q the, list viii Se wasted. brooklyn Rapid
day, aben, 81. lntefbcroueh Metropoi,,an
dividends. although a 6 per cent rate In tho
near future is spoken OF.
icrirgs OF prime securities for foreign uc-
count wero readily absorbed.
~ bull market is usually sharp. but
short There are 80 many sold. but bulls
holdings. dnIrss buyers are alert prices may
ship off and recover before Tho public il
'w"re that the dip has occurred.
me NE" YORK, april it.--Traalns in the
shares, With a continuance of strength and
breadth. bethlehem Steel was far less con
roint gain to Ii5 in the mrs, ,sn minutes /,
S'gseH ~ !SS net gain oi points.
some OF the better known equipments ana
utilities. broke into new high ground. their
N'.'S' peI.E "s'tin hS'ribeh IN many quar-
ters To purchases by commission houses act =
ms Toy out Of town clients.
United states Steel was made ths oh
jectivc OF fresh 1.lling movement in the anal
hour which extended 10 Heading and few
other ra!lers and impaired AN Irregular
tone the close.
Ponds, irregular: speculative issues show
INK further hcavtn.ss
United states bonds. unchanged on call
NEW YORK, April N-Mcrcantile paper
;'1"S sterling exchange. steady: sixty -da y
Luis Si''m"; Tor cables. S47H5: for demand.
sh'9Sl Bar silver, 1875. Mexican dollars
- Government bonds. steady railroad
bones, irregular. Time loans. strong: sixty
ana ninety days 2An%: six months. 81. Call
motley, firm: railing rate. Pig