Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-04-13
STOCK MARKET ORDERLY,
AND EVEN D|CN|F|ED
Floor Traders Arc Playing for Re-
action on Report Of Many
Stop.Loss Orders.
BETHLEHEM STEEL AT 1875
Stock Is Marked Up Deliberately, but
Work Is So BraZcn Ii Dcceives
Few, and Sends Chill Through
Whole Market.
BY BROADAN WALL.

NEW YORK, April lc.-To days stock mar
ket WAS orderly and At time, even d!Gnincd.
There was the expected accumulation OF
out .of-town huying orders These were
"ho shares Considerable local realizing also
fed tho demand and floor traders played for
doris or points below price. were rapidly
p!linE up. In the early afternoon Bethlehem
THIS figure had been predicted las, week:
which would Indicate that the sensational
advanes Is by 40 means normal. Prices
were generally at the bottom,
An encouraging feature was the large Num-
her OF purchases made FOR cash. the sarcsi
Kind OF buying under pres"n, conditions
when q sharp setback OF to points Is
London houses sold Southern Pacific. Erie
Union Pacihc. Canadian Pacific and Anal
no orferinss Of Steel common We're made
in London.
s.ee! had lively opening and then dritted
were among tho largest buyers. Specialists
on eom Ia,ii, notes ct Friday and s"inrI
not been profitable 90 them. they nad
been whinsawcd in their trades,
United states Rubber moved up steadily
TO g on somewhat bc!atcd recognition
that the issue was an established per
IS enjoying Its share OF tho tire boom. Tho
buying to-day was largely OF an Investment
Electro!y,ic copper jumped 81 TON In
London. There Is quick response In tho
advanced tyn,pathc,caliy a point or more.
The prediction In trade circles OF 3-cent
copper before July is in a fair way of being
"Bethiehem Steel will sell at 1875 Then
look out" That was the Street gossip last
week. At o-day's opening the price touched
record Of III; and ~ $50, i, touched is.
The braEen work. OF marking up quotations
vas apparent 70 nearly everybody outside
OF stock Exchange circles
international Motors closed an order for
$4,000 worth OF trucks and accessories. on
company already had on hand advance bust
ness OF Il full million dollars and negotiations.
be for the Russian sover EG 1rne Rnsin.s s
already booked Will keep tho plants running
cay, and ,I night until oetober and officials
Trading In the bond markets was active.
Technically. tho stock narite, Is much
months. Large blocks ri stocks have passed
from strong hands 10 weaker holders. Many
quick speculative turn. and these holdings
pr, viii be promptly shaken gu, when
;hc overdue reaction occurs.
NEW YORK tprii I?.-Irresnarity which
n"raertd upon reaction towards tho clos"
trading was ac'iv" enough at all times to
indicate that speculative interests st!u
not only furthe, scflng for psor;. by nom.
and foreign interests. hut a renewal Of boar.
ish nsHrcss"'is - we'll.
lnscttlemeL, was most pronounced in tho
hnal hour, when Bethlehem once more he
came the center OF a teversh buying move
!neht which sert the price up TO is or
points above It's previous RECORD figure. Tho
STOCK closed AT -. net gain for the La.
OF ~ points ~ heretofore no REASONABLE.
explanation for the riS- was ottainabIr and
STOCK market observers nscribcd the move
as a further driving IN of shorts United
Sin;es Steel held its recently acquired promi-
nenSe Tor ~. greater part ~ the session
a. pes! II sod Within !. poim, OF las, weeks
hiEA price. but Ia common with the general
HSt feII back III i!rII dealings.
othcr leaders. Ike Union Pacific. Reading
and some OF the dividend paying shares
!hiIed TO equal recent high quotations Anal
Sainaied copper being TN, only Emporium;
exception. Motor shares we're noteworthy
i"r iheir hsAv!i-ss, with losses OIL to over
po!nis
Time money WAS quotaoly higher for ali
GATES. London ana Continental exchange
was lover on heavy offerings OF remitt.nc-s
unchanged OK call.
NEW YORK ,pru Mercantile paper.
~ SiHr!ins exchange. weak: sixty-dRv biz.
St.'t.'l: :oE ,aoI.>, - 80 tor d.!nund 3;.g5
baE silver, -, Mexican Go!!rrs. =. Cov-
eminent bonus, steady. Railroad bonds lr-
regular; time loans arue' stats days .as;
ninety DAYS. 9. s!N months, 81. cal none,
irm"r. ruling rate -.