Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-02-18
DOWNWARD MOVEMENT
OF MARKET UNCHECKED
Gradual Until Last Dealings. When
Stop-i.oss Orders Cause Smart
Decline.
fINANClERS ARE NERVOUS
Conditions Unsettled. and There Is
Much Selling for Foreign Account.
Some Operators Have Withdrawn
Until Situation Is Cleared Up.
BN BRONn,,. WALL.

NlW YORK February 'i-Stoc<' 10
otincl to-day The Downward movement
~os gradual until "a" lat" dealings when
s7,cr ,or short oocoun, broke rric"s Smnrtl".
u"covorirC siou los orders and bringing
general weakness at tho clos"
support was lacking aud r"n"-'n n"rN-
ous feeling was ahrcnd I'm ,r" 0uGncial dis
,rict While tho selling q: stocks :ot for
hivlrr wss min Illinois central ir"pp"d .
POINTS. Southern RAILWAY preferred lost
4" "'hH a" ana ohia so id a, ~ Ri ,h.se
d"cin,s wcrc n:tr'hut"o Ia foreign s"llinL
unttca Pacific vas ono ~ The, ir,'%s, -
,r,ado tho statement That fully 5000 shares
of this stock had hs"n tnk"n lay Tho small
inr h"ia vel nniH IN" NM u"H.,NtS Mn"n
g Suycunhod wltn loss az n"'r' or more
nov minimum prio" ~ - anG Ten IMPRESSION
prevailed ,ha no stock VIII t." mad" 10
tho various state legislatures Toy tn" pro-
posed bond issue
copper stocks we're heavy on 'ho , p9ros
Stool issues moved d"wr With tn" ,"st
~ Tho IFS; Some disappointment is Colt
over Tho siowuos< of tho revival of trade ~
MS industry
Mexican Petroleum again summed b;n,h'y.
droprimE nootn,s, SuproT'. wa 'aIn ln,s.
Of from to 6 points smelling fell of
SHARPLY Th's reaction was hast"n"H hy -
d'iyc a=alns: a recently formed poo wh'oh
was operating on tho hull side.
Cautdiau Pacific displayed strength ne
cent selling Cor German account has In
creuscG the snor; position to an unc"m
Portable degree and foreign houses hnd IL
,u.,u't 90 borrow shares for deliveries.
~ ' 'hg old hls;h srnde ISSUES Ia, were o.
rorcd for German account through Nm-
stctlnm.
,e~vauvo regarding stock market prizes
.nd some Of ihe large semi-inNeStme "rn'
situation clears. il is not understood that
,hoy have sold their holdings for ne
this, IN, they arc not seeking new com
nitncEts ana nrc not disposed Z" support
their spcctnlt'cs.
NV YORK. renrmery . ..,'r,s.. " ,n,ss
ro.day's ,tmiI Ana heavy stock market.
Trading was ultra professional and mainly
on tho shor, side TN" in.', ion -s Early .n rH
fcll poin, moro. c"alers showing great,
r rsc mTT"' but I'm Inc mai hour much sell
ing NJ American smelling brought r"nrwru
nnscttlcmnNt The closing was at "r near
;hc lowest
baltimore aud Ohio Sow Haven. south
ern Hallway preferred and S"nn"arn Nn
mum quotations some 81 tn" m"c" dor
man; spcc.altics ylclhed : to points
Pressed Stee! car was not AFFECTED hy IN"
conpnnys annual report. which showed an
'T Fc4eirn SxshnnrHsSIe less reason Tor con
corn rates on London indicating ten
porary cessation OF recent enormous "i.
fa-Iug, Francs aud marks also showed
moro stability but The situation "s n Who'll"
continued somewhat precautions
Weakness ~ ia" several sicf' hn1 IRON
shares was no, in k""rinE with trad" re-
mort, which ..cr" OF NOR" encouraging
Tenor .spcciaNy as To maintenance -; IN
creased production
trading Mas marrow In London american.
being in uGh, demand Sew York central
and Canaiian Pacific w"r" among she
heaviest, issu" I'm that market.
Tho local mona market novel in sym
n,thv win STOCKS SON" OF tho specua'
live. as wsll a. ON priced railways d"cln-
i'nitcd states coupon g. and gcris;orei
- lost :. per cent o' cali
NrW YORK. February 7.-M"roautN" pa
rrr Hl.Ii sterling exchange. strong Si>iE-
1uv bills - $50: Tor cables SiNIi; Tor do
lnond. $3.50 h"r silver ~. ,i"v"'nmen,
bonds steady. railroad bonds easy. Time
lnn,,s steady: Sixty days. 2r-f.A " uirct,
DAYS .NT2. six months, ai-m"'. can m"n"N,
steady. ruling rate, :.