Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-06-08
STOCK MARKET IS DULL
!. AND UN|NTEREsT|NC
Bankers and Operators Want No
General Advance, Pending Deliv-
cry OF Note to Germany.
WAR STOCKS CONTINUE STRONG
bethlehem Steel Scars More Than 10
Points on Report of Increased
Earnings, While Crucible Steel Is
Active and Goes Up Points.
RY BRoAnAN NALL.

b, NEN YORK. June An indtsposition on
The part OF the large banking and market
operators to have rising market until the
contents OF the American note have been
made public and the possibility o..
trouble with Germany is averted, resulted
in n dull and embarrassing narkr, to-day in
the standard railroad and industrial shares.
After strong opening most Of the gains
in tho standard issues were lost and the
close found prices showing hut slight
changes over Saturdays close.
War stocks. however. were strong under
leadership OF Bethlehem steel, which at
one time showed AN advance Of more than
% pS'qs Te' s NE Mem %, sG made
its sensational r;sc-irCreased earnings.
VA ssr given "d ;o,ch iGT 'hs is s,Ter ssh
OF ~. points. Bethlehem reacted points.
'Sng WIN IN. net sot OF w as tm "."s sa
,ulv IL tue afternoon trading with Cruel
hle s'col very active at an advnnce OF
steadily increasing. hut the management
continues re;icent regarding the much
have received. Stakeholder was also an active
member ~ the MAJ GROUP advancing S'4
t'tc was eagerly sought At sain Of ~
points an AT ono time showed rise Of t,7.
topptrs we're features 81 strength owing 20
the Ierorted sales 10y large agencies OF cop
The price Of ire metal il London AmaIsa
mated tho leader % this group closing
me- ap n OF shars f5i Of the AMI
ea.natcl dissolution plan Without any opro-
SioT Wa to PSSp.s o shnrns
In the strength Of the coppsrs, az one time
shGMins F ;;r,s % rotn;: .,ov,sdss
shat the deposits -; notes under he plan
:or extension Mere much larger and amount
ed 10 go $500 1T the close OF business to-
day There are only s.i.Sii.ocO OF these notes
outstanding 20 that more than % Per cent
of the notes have been deposited for cN-
suggestions
organization arr being considered by tn
nlans being discussed l. expected for AZ
ieas, two or three weeks.
Chicago, Fock Island and racihc was
taei i't TIA, Nee are f1ur difieren, factions
on the board OF directors each having ar
t"rert ideas regarding the manner In which
ii should be reor-n nized.
csts. the Hayden commGtce the Phelps
pcdee people nnd the Amster insurEen,s
stems to ascertain the correct staus Of the
Rock Island. and with tina, ena in view
and report or its actual needs not what
could he spent on the property. \ member
the property need would rr"hah'. be t"Hnd
10 lie much under $50 900 IL tho Sle.iGO60
i.o, included ~ d,nirulty should he e>pe
,rienced In having these bonds extended az
r%' a. iney are ne mali, nrS nrop.Tty in
tact. experts herev" they might h. ex
tenl.d At less than 8 p"r cent, thus reducing
ris,illnrs securities Corporation securities
ana those OF its underlying companies yer"
features ri strength, all toUrh'aG new hE'.
prices for this movement, The ! per cent
hords, which we're selling about two month.
ago 1T i. touched ~ to-day, and tho stool.
closed At the top. United states Industrial
OF the Dis,lll,rs' Securities Corporation. was
also strong AID materially higher. tn" com,
mon advancing points ana the preferred
q
Is DaStd ON better earnings and tho I'm
hn s nosi;on f'' SIM, Julius K.ysier VA.
mao" rre'd%iii ~ n" c3mpnny more Than
COMPANY Il Lad floating debt OF about
=. Ir,po, which u! the end al this month
VIII have heen reduced /" $4,000" and pos
sihly nothing. ThS United states Industrial
Alcohol IS expected to earn about IL per
cent on its stock this year The companies
crei million dollars "f alcohol.
iat"n in me war and motor spec,aliies and
an abruH; decline III Canadian Pacific were
he contrasting features of i"-day's gro.
;tssion"l and irregular market. Genera
Elec'r!c advanced ~ points to lcS'a. it,
highest price III several years. am Gen
Nan re o,d Rctniehtm st"ci came forward
II H. 'ast hour. rinins az point 70 ~ or
e&aytly month ago.
The Iec,ine in crnnsdinn ractIc nas the
more 1HNDIic"hl. from the fact that II rose
o,,' points it. I.onjon. Their w"re reports
that the Rrii:sS government, hal decided
- take over S.ne o;t';a" Canadian railway
shops for ~ - war unit in IN manu-
!L,iur- q: munitions
Coprcrs were again the strongest inIi.
~ lucl sroup United states 81. ~ and
fcll within a point range
N"i' gold WAS received from Canada hut
exchange markets w"r" fna ,ur-le>s.
Enu"- w-rN s,tady with some increase OF
future sciln.
rni,ed states bonds unchanrcI on call
NEW YORK lun" N"rc,nti!, raper,
S'-':i sterling siNiy-dnv biIIs. $3.50; FOR
demand. SttNh; TO- cables $50 iIar SILVER.
t9;. Mexican dollars =. Government bonds
steady. railroad bonds. steady Time loans
steady; siNi2 days 2',: ninety days, 2'7p