Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-07-14
NEW HIGH RECORDS MADE
IN PRESENT MOVEMENT
Prices Are Going Up, and Some
Issues Score Highest Marks
in History.
RAILROADS ARE LAGGARDS
This Glass of Issues Is Being Sadly
Neglected by Traders-!Amcrican
Can and Bethlehem Steel Feature
Days Market.
RA HKnAnAN WALL.

MEN YORK, July ;S.-Ncw high records
his,or%. wcrc made in the stock marhc, to-
day. owing To tho continued covering by
shorts and q slight incrcas" in speculation
AT tho opening the covering movemcn, by
make, Sl os o1 vonng consnHc a gains
Of from fraction 10 a full point being
55seoTasd Initial trading was also fsa,ure!
+ss.. and Pe,hiohcm S;cel al III. rrofcs,
sio7als. as on Mom!ny. attacked the list
shortly after The opening and succeeded i'm
depressing prices from fraction 20 = point.
tut by noon recovery took place TO The
common and Union raCiac moved up sharp
~. The former at tho beginning II The last
OF &c for this movement. In the last
haif-hour REPORTS oi dnmase to tho wheat
together with profit taking. resulted in
declines OF ahcu, = point in the. standard
Tho railroads laesards in the ad
varce and show the absence OF demand.
wa; in which this class of issues is being
neglected only about 10000 shares OF tina;
shares
day. vith the exception Of Baldwin. which
acted sluggish. Westinghouse was strong
0 n o rTr, G 70, cs5So ries While
American Can in the late afternoon touched
~. on rumoTs ina: ne c1mrany had sc, Sc
OF ahrapnol Studchaker nearly >
o ,b on OF ss Srosns
common was icaciionary and lost l2ha points
on proa, taking. which seems only natural in
view OF the ,0Hoint advance that stock
has had in less man month.
gain OF points, but at one time showed
advance OF points Its strength is due
to expectation, Of m increase in dividend
about 10 per cent the stock this year
excluding tho receipt Of any new orders
that the company would show increase
in earnings o; about Ncooooo for the June
The large subscription TO, the English war
loan vas SAID 70 have hSt favorable in.
,icaliy terminate tho foreign selling OF
;A,neT.ean sesur:,!e- by the English L and
inr noticed to-day.
Read, astment Of The Missouri. Kansas Kansas and
tculty lies in creating new security thai
n w, na are win he eovh
respects resembles The Mi.sour, Pac!ac ex-
saw. however, that these earnings will have
ias; viii show a surplus OF aSou, sos,
NEw ToRK July ;a -,h: .o,ea.isa so
equipments. comprised the bulk % the
trading TO-DAY, H:shes; prices ever recorded
,.
American Can common 5.%. New York
Az Brake at 1854, General Motors at is.
s,ut.eaker 4; s.'., and Republic steel pre-
o,h.r correlated issues made gains o: .
20 points and America Coal Products
atatd another 20. points TO !ss recent
E-;-cric ascent. all OF which II later
l.quish-6. United states stcs! was the
most active stock. With stead. though
slight advance OF growing realisation o.
S"ric-1.H'c II the scee! Industry.
Foreign exchange markets rejected IL a
re.s--. the success .. N. E.S BRITISH war
lo.f.
Tha: .a.!-cad tonnage IS beginning 20
move forward Was seer in u. latest state
men, o: Idle cars - ot July :. showing \
t-rreas. O: surplus o. such equipment
Foreign selling % bonds was 8 diminished
s-Ei- today. eG, large part o: tHe Irad-
irF vas In IN. United states S,-.l 81.
TINTED states bonds u-ch nccd or call
NEW YORK. July ,3-Mercnntile paper.
.1..- per cent Sterling. s!s.y-tny bills,
Bar SIC! AZ. Mexican dollars. $50. Time
lc1rs. a-:re-. sixty and niae;" lays ia
=, 7er cent. six months. $685. per cent
Cal! money. steady: ruling ratc /: per cent