Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-08-12
RAILWAY RATE DECISION
D|sAPPO|NTS MARKET
Small Portion, When Big One Was
Wanted, Brings Reaction in
Standard Issues.
RALLY AT CLOSING OF SESSION
Now That Western Rate Case Has
Been Settled, Bankers Are En-
pected To Lift Lid That Has Been
Holding Down Speculation.
ny nRoADAN WALL.


in The Interstate Commerce COMMISSIONS
ason IN 10 M'si%rn 5sS 1rc
that closed tho standard railroads and In
points Closing prices. however. w"rc an
average OF point above tho lcw level
reached IN tho last hour.
railroads ,hc leaders. Now high prices for
no not unlon PaSiar ,'' ana Eric ae cS,s
the END OF the forenoon, however. the high
Ing "Sieh was e 5sra H' Sy t omSrSnss Sv
commission houses. when I: was announced
the advances allowed The rail-oads tctalcl:
about sihnnNNl whereas tho total increases
@sEga y eS nrrS o "Gd ha~.
81 the railroads inspired offerings or In
dus,r'ais. Wi dropped from to
In the carly afternoon a recovery of. abou,
secondary. spell Of weakness in u.s las,
hour. when steel on heavy. offerings.
was soli at }. above ;hnt figure \ rs
oorcry. howevct was in progress when tho
With orc exception Tho war stocks called
n show much vitality Crurihle Steel was
HAN Tn ' Baid F5n' a :oa s SsSS o5S
ssna lost lost points Ths hny!nr In Baldwin.
Ais Chalmers furnished the surprise ..
the fny; nnyancinF around midday e. The
aco7 S'sa hs nnrks; In NE f s"
noon II declined only little more thar $
recovering in, the las; a,;ccr rnina,cs II
trading ACTIVITY in Alrs.chnln,e.. Aee,7,.
Rew 'op .. Z. ans i gain q 'x :: A
The reaction MAS received with -.:,.oh .s.-
Ssa.a NJ Save 0S Seer q sor VIZ
w;ths'andins the gradual advance .: y.
Butte and Superior was :a.-iy soa~e &,
he early s:,ernoon, ard advance. Soi-,.
G-oa;s q .so7,.Ss aes:n- ;::S-s A.
American Be-, Suens Va. o.. 81 ~. 80.
o!a.a-. 70 shGv -enewed strength. 40
Gaming. ar nov a; re rs,- .: / i'i 7e7 cea:
a. ;ae toE-,2n STOCK
tesn haatst down, me sarkers aye 81
psc:cd = ~; 80 Nc :ha; :o- weeks Ia.
s&a.. VIII os, -oa4s =. ,ho Iar ''t s,cs
earnings ard hamper crops IL, sight the-a
sss-a II ;ae asws?f ,1s5G os sSoHld no;
conservative brokers
~, NEw yoEx. Angus: The same force:
, ,5nE s .os MAKE: 2saT We IN evidence
act'y" and realizing sales were effoct've
prices IN carly dealings thu more,i ont
.,oincidsns with announcement ,hn, the In
a general freight advance TO the Western
lnriy small ,hey served for time :" st!:nr
late specuativ" demand to n greater de-
Every division of the railway list shared
In the rise. particularly Canadian Pao!fc
md allied issues, which gained from 10
oyer points. Tho Hartman and Iiii is
sues added TO points TO yesterdays best
quotations, and Southern and Southwestern
issues as well as trunk lines and unclassi-
ned stocks. made similar imorovcrrcnt.
Later. the weight OF European selling c"ri.
hin"d with heavy local REALIZING carscd
material reductions. In tho nnnl hour som.
lenders were point or two unde. vcster-
GhNs close ana the entire lis; deve.opeL n
distinctly reHctiorary tendency United
states Stee! led tho movement. being offered
IN lots OF 1000 'o,n0O shares NJ from, .
20 points under Yesterdays record price
with general irreEuarty In other srec,:la
lire iaTorites Foreign ipuiiation was a
rccirrcnt feature OF interest,"; War shares
were again shuntcd TO 81 place Of second
AIRY Importance. with declines az 10 &
po'n's striking exceptions to this tendency
We're shown by bethlehem steel preferred M
;tt,s Wt!'ys- Overland a, lic. and Stmdc-
baker ~ $. all new high records Total
sales OF stocks amounted 10 5000 shares
Exchange on London and Paris ccii 10 new
low records. despite the rcccip, Of $50 ono Gtto
gold from London. Demand sterling v,,c
quoted nj ST4& There was better in.
curry for Investment bonds. with rrcatcr
activity !r subordinate issues United S,o,os
government bonds were UNCHANGED on call
NEW YORK. August u-Mercan,,,e ma
per $685.. StcrlinE, sixty day bills /, mo-
Ior ccmnnd, Si..i7"; FOR cables 81 $3.50 mar
silver, ti.. Mexican dollars. .G. Govern.
merit nonds steady. Railroad hords strong
cai' money, steady; ruling rntc, ~,