Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-30
LIVELY.
AND PRICE RANCE HIGHER
Stock Market Shows Unusual Nirility,
and Leading Issues Continue
Their Gain.
BETHLEHEM STEEL is ACTIVE
Stock Closes Day With Clean Adj
vance of Dozen Points, After Adj
vances Sharp Enough TO Upset
Any But Staple Market.
ny HRn1n,N WALL.

NEW YORK March ca.--To-day' stock
market showed great viriiiy. Fluctuations
were lively. speculation shifting suddenly
to different issues and developing higher
range CT prices with each
bethlehem Steel ended with clean gain
Of dozen i;oints after series OF SHARP
idrarCcs. which would have upset any but
VIVA, would steel common he worth II
II was earning % per cent on the common -
oucried an active broker. Probably par
was the h"sI;atinE answer from fellow
mo-nng bulge. bethlehem earned ,, per
cen, on tn common ,, las, year NTH inai-
urcs Therefore, conclude that par would
Unfortunately many have tough, the ad.
vance and were caught short, their eager
ness 20 cover acCelerating to-days sharp
that nearly every one acauaiated with the
management, lacked faith enough 10 be bulls
profits.
hand. stuicbakcr gained more than points
on reports u: heavy contracts secured from
the French government during the past
Geperal Motors rose nearly ! points. and
the Maxwell Issues were heavily traded in
with gains Of from to points.
further advances In the price OF the metal
Utah on good buying rose TO f6is. Gug:
genheim Exploration. holding company
OF considerable promise, moved up points.
Shelters was active around 6Sis. an increase
IN the dividend rate on this stock hcing an
ticipntcd IN ,hc fall.
Rock Island In real old fashioned bull
swirl cavorted from 1874 TO e, and this
happened in the last hour. There has been
q latent huilishness this stock for some
dime. The market value Is figured by soma
experts rs somewhere between 20 and 10
considerably TO the li"eliness OF the trad
ing.
cihc steady and Great Northern nrm. Tho
latter is being quietly accumulated by some
of the best Investment houses Pennsyl-
American can rose to s,5s This stock has
hcen neglected. and may be expected 10
make good showing in the coming mar
kets Allis-chalmers preferred, was strong
on reports OF increased earnings due 10
large contracts Cor overflow business from.
the Bethlchem steel COMPANY.
the volume "f trading large. with many sub
stHntial advances
opening frightened many into disposing OF
their speculative holdings on tho theory
that reaction would follow In the general
list. This proved II inllaCy, Tor the stock
market gained strength ana breadth with
sold out bulls. The market is old shione0
in this respect 1t is easier to ret OUT
IL buy.
NEW YORK. March -. bethlehem Steel
marke, to, day, aivaneins TO 81. a msx,mum
gain u! In. Al its closing price Of 81.
from ,Ee ow nc" ct ss" G '9 oar OF @
the stock has advanced; about IS points and
the entire outstanding capital issue. par
value. Siels."o has changed hands
eral times over.
Dealings in it today were larger than IN
amy other Issue. aBgregnt'nI about ;65N
shares. Asia. from the popular belief that
large short interest had been put 10 rout
40 explanation At further rise was forth :
CoriiIE.
some of the speculative fnvoriics 10
new high prices Tor the current movement
but SOLD OFT later. Reading and few other
seasoned shares showing net losses
The week brought aiviccs OF increased
production at some OF the leading steel
mills and an increase IN export inquiry
for copper.
Bonus. Il whole. were strong. but failed
To Keep pac, with the rise in stocks. There
were heavy dealings in southern Pacific
convertible IS M :. slight concession.
United states bonds, unchanged ON call
NEW YORK. March ??-Mercantilc paper
az storing exchange. steady: siXty-day
bills. ;+.t;2a cor cables si.sl: for demand.
S,,,.tj. Rar silver. J'i-. Mexican dollars
IS. Government bonds steady; railroad
bonds. strong TiIre Ioars ilrmer; siXtv
DAYS, 2!.G.Dq: ninety days. 2isWc&.; SIX
m"nths Si,0G'a Cal! money. steady: ruling