Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-02-14
STOCK MARKET LIVELY
WITH MANY REACTIONS
Attendance Is Small and Selling for
Foreign Account Unusually
Heavy.
STEEL GOES DOWN a POINT
Boys Are Playing Marbles in Street,
Which Means Spring Is Near, With
Its Usual Optimism Among Trad
ers-COnditions Favorable.
r., BROAi,AN WALL.

NEW YORK. February I3-For a short
session. to-days market was lively. with
many reactions. The attendance in the
Street ras small. which was unfortunate.
~ heavy.
steel dropped point There Is story
ira, large snort covered on THURSDAY. ana
nny reference to changes In the steel h,isi-
central dropped hollow ); Roth these issues
rr"hahl, arc selling above intrinsic values.
s"alcrs were weak RendIng declining from
1.eIiev,ns ina, New YORK. cen!ra! is mar
kstlrE some Of its holdings OF this stock.
for this decline VA" wiihou, plausible ex
Mn nation Both Union and southern Pa
"'hc lott point or more Pennsylvani,
Va. heavy and A,chson declined -. Amer
Ge-man account, Spcciaitics wcr" w"ak.
'ioodrich, .S,udehaker and Maxwell Motor
ern selling. This was attributed 10 tn"
decline in tho commodity markets. which
.Ir""t,icd She confidence OF Western bulls IN
American s,n"ltcrs held Well and Mexican
sues were heavy. Liquidation for foreign
account s looked Tor in this division OF
points. ANA the common. i. minneapolis and
-. Louis preferred 10. and the com.
mon more than ;. rnmors that the
iro, OF these companies would pass to ga
nonh, were irregular. Minneapolis and
81 Louis IS were active. and Iowa Central
~ jumped I points banking houses. which
hnycr. Selling for foreign account
Pronounced COMMODITY markets were
"asier The selling for European account
vas only limited by the restricted faciii-
itoy> arc playing marbles in tho street.
= suIc Indication Of nc near approach Of
more frequently period OF optimism. CROP
conditions In The W.", arc unusually favor
Hblc and the business outlook is generally
optimistic while speculation - not be-
li'ved 10 have discounted the favorable con-
inEs from now on :houid begin to re.ec, =
i,Norabi. comparison with tn" early months
,S ZEN Yon .K,d rsbFn'ry -, tong OF cag
-ession OF the stock market, and was
"Scribcd for 'hc most par, 10 situation
growing cut OF she la-e.; international de-
N"lopments rh- approximations made by
mi. government 10 England and Germany
gave the trading element an opportunity
-" make fresh commitments on the bear
Prominent shares wcrc sold moderately
MN net losses 90 point or more In the
ns IN the spsr qwe. p Msh Mr5s
United states and Union Pacific wer" Sim
s f,%n ' shoS ny 'he ssa5 Ssm Han share
points abruptly to tho minimum prIc. OF ~.
rn. bonds Of IN. Nj, M.nnea polls and s.. l"us
ana Iowa Central Roads, som" OF which
; 5n,I %, on Nh old rnnor Of
entire lis; was inclined to weaken An
other break In sterling exchange Lon
bor l" the lowest price quoted since 40.
gave rise to the belief that further Imports
OF eoid from Canada are andcr way.
Further price advances IN steel products
confirm recent advices of increased activity
In that trade. As for general mercha ndisc.
local and Interior reports point 20 an in
crease OF Individual purchase, .lohting
centres also report better and more dtv.r.i.
fed distribution.
Forecasts OF She weekly cash movemen,
v"rc slightly upset by the intervening ho,i-
day.
Tho bord market was .,reguiar with
light dealings except In the issues named
United states coupon and reEirtcred = de-
.lincd * rer cent on cali during the week
NEW YORK, February ls.-Mercant.lr pa
per. wat Sterling exchange. weak: sixty
Gay bills. {tsNH: TO- cables tise3j; for de-
inhnd. ttG!i Bar silver. $50. Mexican dol
lars, g Government bonds. steady: rail-
.oaj homes easy.