Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-29
PRICE FLUCTUATIONS
ARE UN|NTEREST|NG
Is Very Dull and Smallest
80 Since About Middle OF
~ March.
Dull SESSION EXPECTED TO-DAY
Spectators and Investors Not Dis
posed to Make New Commitments
Before HolidayS-Copper Shares
Fairly Active.
ny nHo.D&N WALL.

= bf bEoNJtN NNl.lI.
~ NEW YORK. May 2S.-Pricc fuctua-
tions were narrow and uninterestinG
in the stock market to-day Trading
$ was very dull and the smallest since
about the middle of March, owing 10
indisposition by spectators and in
vestors TO make new commitments in
flavor of the holidays and the cxpecta-
tfon that tho German note would he
! received before tho Stock Exchange re-
4 opened for business Tuesday morning.
At the opening prices were general
ly higher. but in less than fifteen min
utes after the heGinnins of trading. a
rnmor that another large passenger
slight decline to Il level fractionally
below Thursdays closing. Subse-
La Champagne had run aground. Can
adian Pacific WAS weak. owing TO the
sinking of the two British battleships
e Trading continued light up to the
close of the market. final prices show
gains for the standard railroad and in
,dustrials. Another dull session is cx-
pected tomorrow. as many brokers
left this afternoon for their country
homes 10 spend the holidays.
Copper shares were fairly active
: owing to larger dividends ordered by
five communicable Utah, chino Ray.
Butte and Superior and Nevada Con
discounted these larger payments so
that their actual declaration was fol-
Utah closed with "a net loss of u.s.
Ray Consolidated, IA: Chino. 10 and
Butte and surcrior. Nevada Con
about q point. The higher dividends
declared by tho copper companies re-
fleet increased earnings growing out
Of tho Improvement in the copper met
/. a ROCK soekN'1 Island was a feature Of
strength in the last hour of tho SOS
day of slightly more than . points.
BuEinE OF these shares was said to he
of the rieht kind and by people who
.s19 down to under iS
1.-TWO wire houses were prominent on
the company's earnings do not place
any credencc in the rcpor, that the
RECEIVERS have, issued statement
showing n surplus in earnings Of more
Z than s3,oco,ooO for the current fiscal
year. One member OF - protective COM
mitee said tho figures were badly mud
died. so that they would have to be
Owners OF steel stocks were graft
fed with Judge Gary's statement that
the outlook for the steel business was
Judge Gary's spccch was considered
optimistic. hut failed to excite amy
s,nc,I movG en%mL Persons long Of
governments statement that exports OF
foodstuffs for April increased S7S.327,-
600 over the same month last year and
April 80
Missouri Pacific was firm, owing to
increased deposits Of the notes for ex-
tension. Deposits ~ the close Of bust
ness to-day We're Sl1.2l7,O00 or nearly
20 per, cent. Inside interests expect
that tho Missouri Pacific will show n
substantial deficit for tho current year
Baldwin LOCOMOTIVES rose > points,
notwi thstandinG that tho directors
failed TO take any action on the divi-
dend. Other war stocks failed TO show
any excitement.
NEW YORK MAY eS-AIl recent records
for dullness In stock dealings were lowered
to-day. the total turnover barely ap7roxi-
mating 10000 shares In tho first hour
about Go.c0o shares changed hands but az.
ter that the hourly average scarcely
majority OF rair,s over losses. hut th!s i'm
Srrovement was restricted 10 shares af
ondary importance. including motors and
manirulatlcns.
Tho chiof element or restraint was tho
delay attending tho German answer to the
American note on tn" Lustanin.
the season was the weakness ot Cnnaaian
Pacific, which declined points That stock
Is REGARDED as the barometer OF the Amer
United states steel made only focblo re
snonse TO the "ucouraEinE public address
delivered Ny Chairman Gary.
eign exchange pones,ic hank exchanges
Tho Chcsar'',ic ~, ONO Road submitted
Its statcm.rt - 'oarriuas for April, show
ing net Increase .of SglfoH0
Apart from its staodiuess the hord mar
ket was without feature Total sales. par
United states bonds unchanged on call
NEW York May es-Mercsnule paper.
= 2AG-. stcrlinr exchange. steady; ydav
I $40 Rar silvcr +9iz Mexican dollars IS
! Government bonds. STEADY; ralroad bonds
: DAYS. 2,4a2s. six months. aa5,, cali money.
steady; ruling rate ~.