Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-08-17
ACTIVE, STRONG MARKET
IS LED BY STEEL COMMON
Total Turnover for Days Session Is
Only Slightly Below the One.
Million-Sharc Market.
J. p. MORGAN BACK IN STREET
Decentralization in Foreign Exchange
Fails to Exert Influence on Trend
OF Securities-Price Changes Irreg-
ular, With War Issues Advancing.
BY BRoADAS WALL.

NEW YORK. Angus; ik-wi,h the re,,,.n
OF ). =. Morgan 20 the financial district -ol-
io"iar six week. absence stee common.
The Morgan protcg-. LED ar active and
strong stock market to-day. The total turn
over res only slightly under IN. 1903 OF.
share mark Decentralization In .Ae foreign
eIcha1se market with new low records .o-
sterI.nS And francs failed 20 nave aav ircu-
f enee ~ ;se lend .: securities ai'housh
Re cs'SNi'A"- shortly was construed "a
A;housl p'lcc changes were :rresula~ a,
:n' G2eH.Is ne war stocks sh2red sub
:nr in s;u.eNaKe- IN ~. M, I'M ~
g,.s e dealings ,hes- gains were enlarged
70 ieat Anie-;ct1 Can also showed in front
; ;ollosr.9s long period Of nesisc; ana
trer, commission houses
The strength continued up 70 around mid
from ;he hes' On p?on'-tak'ne. ~, offering.
we vel ABSORBED. ana prices readily r
.eeuer additions In tho IA; hour s,s.l
T so.1; ;-o 20 49, md md aroDggsa abou' :;
~ and rose 20 the hi=h price COZ this move
me 90, %. 20 ,o net sHn Of - points tes
." o1ose vas strong and around the Top
:nEhouse and S;udehake- attracted at,er-
,io2 In ;h- las; hou! these .h.r.. seemed
~ seeing which could cell ;he hishes. Al
rs p. ". Westinghouse vaS selling Al
The clos. s,a4eSaKer ssa ps:se. Df wesi ,ose
hnpse .eI'ns a. hish as 10. ,Nhi,c we.;-
baker however closed at IL Few min.
u'es before The close. the price ruc,u7tions
Siudebaker were very vi,len, and re-
i.!ndea traders 0. the giraffe ruc;u.,lons .,
Crpcihle IN the past Tn advance In s,ud.-
accomplished in only seven transactions.
n ae1'e sas coPPs. :or;mnch f.? sooi de:
Diiee it has ,ouohs4 IN sIx %ea .ne n'she''
Railroad shares tal'.l 20 participate in
:a, woy,Sy Il men..on' heir rain. any Isrr *.
oeirg fractional. tn. short interes; in
Nu,omohile @ stock. eon rGrT IN DEMAND.
Willy.. Overland, however. showed the eject.
NEW YORK, August :s.-Farth.r furious
m ma Of way shares az higher prices:
Sere the eonaiciins tsa,ures q ;o.G.Hs
var issues eempie,eiy overshadeved tho tho
sea':nss In other rs-'s Of The lis;. United
20 manifest ac,ivi,y and strength on a
M ,n, lar, Large s SSe,tu1H r., rsnos IN n!iyilnai
,sh. or within l, Of It's TOP question Of
lean Can at aa, Pressed stee! a, 3 Wes,.
!nEhouse at lis and Studehake- common and
esres gain Of s s,u aSl sonmon .oe
the day wac cei4 Numerous other stocks
rtIne class aGNc. = 10 points 10
last weeks hnal quotations with irregular
r"cessions towards the close
Coppers gained 10 points on REPORTS
OF large sales OF the refined metal to for
eien interests. presumably the allies Rnil-
Ways were under pressure until the final
an inquiry for the Plciics and other diy!-
dend payers. Total sales aggregated $50
90 shares.
The .sature OF greatest unset,Iemen, was
me decline in re-n!ttances "a London. Paris
and Italian points now low records
Demands sterling fell 10 i5. drop 81
points from the low of las- week Paris
checks were quoted "a, So a loss o: n
cents ana !ires at { e. registered a break o..
= !rom last week. These rates rebound.G
Sharply IN the final hour OF announcement
that S-~ York bankers were holding ror-
ference 10 bring about remedial -n.asv.ns
OtheT news bearing the financial ST.
us,io" dealt With another advance IL price.
OF Manufactured see! and -or and crop sE-
vices from tae IVES, and Sou,hvc., on
HE0.iaG last weeks favorable reports. Lon
Don SOLD =: moderately !n THIS c!s.k.. o. n.
;a;etn Etio.a! !is-, Z! these i---.s .ho-!ar
c!s:1c; hsav!aes< abroad
saat' No. Irregular w!:h a.svy trading
~ New Yo-I Contra! d.aA--u--s
C-i.. St---s boa1s were -.cHz-s.S on
cz.!