Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-05-13
.SLACKEN|NG INTEREST
OF PUBLIC IS MANIFEST
AS Outside Dealing Drops on. There
Is Increased Activity OF Pro-
feSSional Traders.
SPECULATIVE POSITION SOUND
Thought OF People Turn to Sinking
OF Vessels by Germany, and While
This Continues Market Will BE
Nervous and Irregular.
BY BROADAS WALL.

stock Exehanse today sedseicd the slack:
crcasing activity Of The professional traders
Though tho final prices Of mos, leading
were ntermcdiate fluctuations wide enough
to suit the most ynnturcsomc. Commits
Some brokers with Western wires in
ssls,inF nron Gcssh transactions or deal
fectivc in curtaiIrr the outside trading and
also encouraged tho growth Of a new sho-,
Interest. Stead" oDcninc prices fol
lowed ny q moderat r selling movement that
Sron n reaStlons of a9"gt = point; \ -isS
morement in union Pacific. coGnSSIr stocks
and StH"l hui mis- Sndsd in a du.i perioId.
which gradually eNps,nIed csncelns most
of tho early gains and bringing some sharp
Fundamentals the sreomla tive, situation
appears SOUND, but !, Is not likely that
:. Al,houch United states steel Official.
amount OF now business booked tho report
that stnicnsrt showing a lars" Increase
ficien, to bring 4 lively movement which
carried The stock up I" i5's That the ad;
by tn" quick reaction OF : points which fol
lowed. II Is believed that officials OF manu-
harrass the administration at Washington
by the announcement Of new orders for
stocks Just now. Fluctuations are wide and
8 the S STOCK ad1snced to 81 ana p reacted
sirens here; TSsa.}Essnt cope! ssiS5e
Corn Produots common. which cold at iiH
Mondays break, crossed "A to-day There
the t"as suit You'd ss
but ibis is not, believed officially. Those
closely do not believe that the government
has made out a case AGAINST the company.
COMPANY will begin Its defense in New
of half point in several OF the high grade
isSnes the dire, rssu. Of ;h tbs G arrival Of "a
which were Immediately sold.
Speculative -,a interest has been diverted
viii the nex I've vessel be sunk. Therefore.
unit, the public mind can be turned NED, hack
rcactiors will DC n natural sequence.
CLASSES s disp iM marked s'abii,y during
the great part of to-day's moderately active
ssssS 6n, e w ne ho Ia h@@s
Of disquicting character; Early gains OF
to points in standard shares, and, az
much rs to . in tho specialtics, melted
away. the decline being accelerated BY =
Tss Of ss%sh tho
governing factor throughout tho list. giving
IT'S manifcst9tion Of strength on announce
the Lusitanin The trading clement evil
IDENTITY chose 10 interpret this favo!ahly and
proceeding to buy concentrating its ef
forts mainly about United states Steel.
Added impetus came from reports that the
company had received large orders for
finished materia! from companies now il-
Ing contracts.
War specialties were proInincn; at inter
mittent periods. Railroad issues OF the In
vestrncnt class were bought the rise In
grangcrs and PaciHcs being based upon cN-
ceient crop prospects. Coppers moved up
ward on revival Of domestic demand for
the metal.
Many future" sales. indicating a recur-
renee OF foreign selling. were recorded In
the local bond market. which was :irm
the main. y feature the weakness OF
Argentine 5s which declined l3 points.
Total sales, par value. aggregated s3,i?0.aS.
changed call.
NEW YORK May l,-Aiercantile paper.
s-22H;. Sterling exchange. steady; sixty
day bills. Si7sS': FOR cables, SiSl for de-
mand. $3.50. bar silver, 5"is Mexican
dollars. $S'.. Time loans. easier; s.St: ana
ninety days. ~ six months, 81. can
money. easier, ruling rates -