Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-08-25
STOCKS EXPERIENCE
VIGOROUS ADVANCE
Belief That Germany Will Apollo
gize for Arabic Affair Gives
Strength to Market.
STEEL LEADS IN DAYS TRADING
SpeciaIticS Score Fresh Increases,
and at No Time During Session
Does List Show Signs of Weakness,
Despite Large Protit-Taking.
~ nRoADAN WALL.

NEW YORK. August 2i--StocRs cN-
perienccd vigorous advance To-Day
on buying by shorts. together with
fresh purchases for long account due
to reports that Amha ssador Won Bern
storm. In note to the state Depart
ment. had asked that no action be tax
en- regarding the destruction oil INC
Arabic until the report is received
from the German submarine comman-
der Professional Wall street con-
sti1ed this rs a preliminary step TO an
apology by Germany for the blowing
up OF the steamer and made fresh COM
uitments on the long side. steel led
the market throughout and advanced
more than points on heavy buying.
Speciaities were from TO points
higher. records being made. At no
time during the session did the market
display amy signs Of weakness; not
withStandinC protit-takinG. Closing
prices We're near the best and eXpccta-
ton is that the advance Will he con-
,inued in the forenoon tomorrow.
Railroad shares failed to share 10
any apprcciahle extent in the upward
trend, Notwithstanding publication of
favorable earnings for July. For that
month the Baltimore and Ohio an
nounccd an Increase in gross OF sos
0si and an expansion in net of $500
S9l The PENNSYLVANIA and New York
Central lines are also expected TO
make favorable reports for the first
month OF their current fiscal year.
Conservative brokers believe the rail-
weeks in tho face of heavy liquidation
for foreign account. This selling,
however has slackcncd somewhat the
las, two days Lehish Valley report
cd net increase of sllo,44s for July.
Lackawanra Steel kept in the front
of tho specialtics with another advance
afternoon. under cover of the advance
OF the general list. caused a recession
OF points from the hest The bonds
were also higher.
Representatives of the anthracite
roads met TO day and discussed the ad-
Instability Of applying for a rehear-
jec, to the cali OF tho chairman with
out taking any definite action.
Tennessee Copper sold within IA of
rs 'hf in SOC hpose m n see@e
To run into n good sized amount OF
stock to-day. but recent performances
hsys shoWn TO
who would not touch the stock 10
points lower are now advising its pur-
New York Air Brake advanced IS
points 70 li5. the highest figure touch
cd since 1900. when il was paving
per cent dividends and sold at l63 "a:
Other war stocks to show substantial
advances were Cruciblc Steel, UP
points: Baldwin Locomotive and Amer
lean Locomotive; nearly 4 points each:
3 In connection with the latter. ru-
mors say, another large war contract
had heen closed.
Motor stocks recorded substantial
gains. General Motors rising : points.
WHY'S overland. >; Studcbakcr i. and
Maxwell Motors common nearly g.
NEW YORK, AuFus, ?'-Condi,ions in tho
stock market to-day offered striking cor
,ra't 20 recent unsettled sessions Trad
inr was orderly and ON a more moderate
scale. hui ,hc undcrtone frm, even
when prices showed disposition To shade.
Speculative sentiment was stimulated b.
tho plea Of Germany, through the Gcrma:l
"mhassador. for a suspension ~ JUDGMENT
regarding tt. Arabic. The entire marked
moved forward, closing with nary substan-
i!9l net FaiHs. Farther encolraEin. trade
ircs. including that of the Baltimore and
ohi", showing net gain of sSonmo TO-
July, among other constructive 'ac-
United States steel was the ohjec, Of
era rise OF the hna' hour. adTarcinr to =
s o'srnFh' i hnn. OF a. and e'%sSd a" lis
Var shares we're ncx, in prominence wi,h
,nrni that the con.pnny had received ,;'or"
= d led ,o yes;erdsy,s ,d~ance Of =. ..or.
ms thu new nigh price of ~
s,t~i o. % "a BALDWIN Locomotive u. 10
vhil' many other equipments. indus
taxing eFaced part OF ,heae gains a, the
took ,,,ans tsel inc / 70 ~ on reports
zion. vat later rexain"d some Of its i, s.,
Tota! sales mounted TO 5000 shares
ps and ;a,. ia.,.S> wifh ROCK Island de-
hentur"s "e,c.. tow.- tinted states 3 ana
States coarot /. pei cen; on can V
::Ew YORK Ansas, :, Me.car,ne pane.
mlart, $50. cables. ~ 6"@5 Bar silver. -
Hte"" Ra. H nos r,n Ga nSnas
ste adS. kulhc rate -
nnsifN IIcr