Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-16
SWEEPING ADVANCES
IN MARKET CONTINUE
Stock Exchange Sees Another Day OF
TumultuOus Trading and Heavy
Realizing.
Public Is in the Saddle, and Believes
Any Report OF Great Profits to BE
Made as Direct Result OF the Flu
r0pcan War.
BY BRo,DAN WALL.

NEW YORK, April i5.-lt was another day
OF tumuituous trading. broad buying move
ments. sweeping advances heavy realizing
rales and considerable selling pressure from
London. Perhaps the market was no; a.
strong NJ tho close 80 Il looked
Two facts In tho recent dealings stand out:
the large Increase in speculative buying aud
the heavy Investment selling. The reaction.
repeatedly deferred is SIN overdue Bank
officials Disseminated strongly against GER
tain speculative ISSUES "a col lateral Tor loans
S"Te DIS narkc; leaders hay" closed out
their stocks, and cannot be coaN-d back
into the wh'rlpool until tho market has
shown its ability 70 stand up under sub
Ftant!a! setback. one Stock Exchange sea:
erld n, 1910" and waEcrs We're laid tho
soor that the rr;c" would be $500 before
June :! Stockholders are beginning To feel
that million share days Will be the rule ami
not the exception for so'no time.
lntcrborouGh common WAS the most active
Issue ut The openins Directors meet to
dend may be taken But speculation hinges
on the proposed plan TO remove the pa"
do away with ali stamp taxes and prob
ally further increase speculative interest.
WcSt!rEh ousc Electric rose points A
report that the company had secured one
@. ne largest ', contract eyer made Tor arms
three years and justify AN advance In the
that tho company would press the applica :
uor .uow nled with tho Public Service Com
MISSION LtI luc .lbul 10 itSue e.. plV,nS per
cent bonds. proceeds to reimburse the treas
uTy for improvements and extensions already
contingent depTccia,ion aceona, to the sae
en"" desired by President Whi,ridEe This.
l, Is fiEpred would permit the directors to
act on the dividend rs early as July next.
American Can has been quietly accu-
mulated for several days. The company.
cent back dividends on tho preferred and
establish the common on dividend basis
within the next few months
MISSOURI, Kansas and TEXAS shareholders
founG uttlc comfor; in the suggested plan
for financing the company 10y the issuing
their hodirsa whether this take tho for:i
Nock.
california Petroleum issues were strong
and Mexican Petroleum shares rose ; points
on reports that negotiations We're under way
IL London tor the merger OF the comranief
Steel eommon. on very heayy trading.
Then hood OF selling orders from l.o 5G,I
rtepped ihe advance. This is the figure
collateral held s!rre ,he beFinnue OF the
,hori,y. have TsSn s;eadiiy buying up the
ooIupary's notes both here ana abroad Tor
IN" corporation. When th"s" have been
surplus Of abou; 5000. "a per cen, Givi.
"end rate probably VII! tc established on
ihe common tai 70 be Increased abou, the
jirs; c: the year 20 per cent. !; Is claimed
ina; business IN sight jis:iaes such cN-
Corn products shares were active Tn"
prsiisrTGa Mes S'rort on in:!inaitoi.s tina, IA"
Cd within tn, nsx, few months Tho com.
mon s,ock i among ,ne most attractive
of tho low priced !ssGcs
SHOWS i.9 Sign "i "naiencut although the
c4Mse! wer .ses WIN ca DAY. aGvanc.
stocks on IN sA=hJeSl prr.ueatiou ana b.
!!eves amos. any story 10; domestic profits
- be gained tljn the e.ea,gs; Of foreign
Wars.
NV YORK. Aprn .tAl,housh ;he vol
cays, y; io-GGy's STOCK lncrKe, suppressed
al records :J- more iasr q year in me
strength ana scope O: II. up'yar. s,,.tp.
: re..ssuslag feature "a ihe yonipsratiye
Gt.sse.ree 90: Bethlehem St"c.. which 70
Ina!net IN rc;i-s1en; .t-.r IL early ua-
ricai,y tnt entire IL, -os- under III. H..
:ss.sl!h.s Influence % ~ avalanche Of n"w
neu;rslitcd i. E renewal q selling Tor nso:i;s
On an enormous scale. ~ tGe ma Mnur.
ne; Ea'ns o; . poi:;s were recorded .a
various stocks v'.i.~ among tn- lr,ou-
s2ioveGs spegialt.es ~ve-. greater EdvaMyes
linton F@cine. uu!tec states steel and
%thsF Sptr-!4;!E~ iavo:!,'s repeated their
a:sh Pic %; tay % 'wo ago, and many
10 levels uE"gralcl in several years Almost
the on!! SOCKS 20 reirc' necEwag!n"-- were
-n-i- 5-ss, were ramirm. H. Gomnsrl.o.,
WIN tae!' gains Of TIE !4st t-w weeks
liter some early srr@eliar!ty bonds turned
,Ho"s t"'i-a States coupon Is aeeliusa
NEW YORK ~ l:.t.Merean,l. ,,uo-
;i.ra-.. sterlHtr -.tcHang, steady. liz,
n"E nA!s '51 :oT cshles ;l:s;6; Tor Dc
lEaHt, 'i $50 Bar silver, .. Mexican dol.
lars. IS Government bonds. heavy; AN
TSaG tpnGs. strong Tire loans firm: siyf.
d~ys az. NINETY days 5qai, six months.
BOND LIST