Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-07-22
STREET HAS ANOTHER
BIC WAR STOCK MARKET
Standard Shares Arc Neglected. While
Specialties Soar to New
High Figures.
NOTE TO GERMANY DISCOUNTED
Believed Reply Of Washington VIII
Have Little Effect Marketwise.
Improved Bridgeport Labor Stu
alton Factor in Bouynnt Trading.
ny nRo,DAN WALL.

NEW YORK. July 2i-Wan Street had
another war stock market to-day, the strnd-
mon, being neglected New hish pr,:es
and Bethlehem steel. together with shnrr
rise in Crucible Steel that carried 1t within
IA points OF the previous high were fna
A general feeling existed tina, the note to
Germany would not have much effect mar
ketwise, and this reflected in strong
opening tn" imr'nvnd Briic"po-t labor
situation was also a factor. Initial ad
varccs were larScs, In the war stocks. Dur
tnC ~" second h"u" there sli-ht 70
cession. bu; between noon and : o'clock
ing the early part OF the last hour There
rails and industrials with the exception OF
steel Attention was focused on crucihie
Steel the last TWO ,onehins new high prices
IN the last hour Closing prices We're un-
DE- DEsP IF s's sh ri M:S good
CKUCiBLE OPENS STRONG
N9,tWiths,1rdins the statements Wy EiSo
Company q; America, ami OF George W
Perkins. denyins that he was interested in
The feature oi the 10y. Its initial price was
IL points above this previous close, ard 1t
during the session. the demand being such
that It was forced M to az. gain Of s..
sion OF So points. Brokers pointed out that
The current car. for which Mr., Wilkinson
OF tho preferred dividend. ends on August
81 so that Very little of the war order bust
in The nnnua report.
American Can common rose nearly points
Buying orders were stimulated by reports
that The company had about closed con
tract for large war order which probably
would be announced to-day
Mes'inshouse was the feature IN the las,
high price, which was ~ points above the
previous pre-. top established several weeks ago.
company was about to close another CON
dealings 50 a ih SS there the saa late
I I'm , 81 point between Its Eriee and
cen, Sonds which are eonvertiSie into Ia. tSa
stock at par. and which traded in
w TsS" o in5 i n ,,Hca 81 the curb.
HAS BEEN wINDFALI
While much unfavorable comment has
been heard relative to the order bust
ness authorities declare that this business
has been windfail for many Industrial
bling for lack o. business upon n substan-
;ial hnFis, The profits from tho war orders
new organization and tho cost OF new ma
chinery so that the net profits ct first Will
not be large. but thos on subsequent orders
viii be much greater and used 10 take up
Commission houses reported larger at
tendance to-day, and the large wire houses
reported the receip, OF many orders from
the West. 1t will be remembered tina: il
was the buying power OF the Wcsterncrs
thai: placed the indus,rials to the high
levels existing at the time the I.usi;nnia
Railroad shares failed TO show any nmbi-
lion. although the Interstate Commerce
commissions statement Of earnings Tor the
eleven months ending with May 81 made
IL good showing.
Republic Iron and Steel shares were strong
owing to the favorable report OF earnings
for the six months ended June a. which
showed an Increase In net of s5ni Csr. Re
ports were also current that the company
intends to resume dividends on the pre-
ierred
AS the Analgamatcd Copper Company
VIII dissolve July 30. and rs tho cX-
change OF Anaconda stock for it's shares
Will so forward from that date. the Stock
exchange governors to-day ruled that
AmGlgomated shares be stricken from the
Est at the close OF business that day.
NEW YORK. July 2i.-Mercan,ile paper.
SaSh. sterli n s!xty.day bills. H,1,o, for
yer. iIA. Mexican dollars. a3%. Government
bonds, steady; railroad bonds Irregular
Call money steady: ruling rate. IA. time
loans. steady: sixty days, 2H ninety days
2EI2A; six months, 3I3L.