Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-05
GENERAL UNDERTONE
Of MARKET IS STRONG
Public Utility Shares. Touching New
High Prices for This Movement,
Attract Attention.
RAILS AND COppERs IN DEMAND
War Stocks Display Heavy Tone for
Greater Part of Session, Crucible
" Being Especially Weak ut One
Time
aN nnnAnA\ WALL.

by BROADAN WALL.
NEW YORK. November 4.--\lthoueh total
Inc previous day and opinions we're largely
professional, with price fluctuations Irregular
the general uudcrtouo OF the stock market
was strong strength OF public nt'iit$
shares. which touched new high prices for
ana toppers Mere in good dcmand durins
the day. but the NAY stocks displayed II
heavy tone Tor the greater part Of The
one time. The probability OF The entrance
effect OF the general trend. Opening prices
were slightly over Wednesdays closing.
-incrs in the forenoon served TO excite selling
ProfessionrI noor selling brought about I,
siSh, recession In standard issues. hut as
tho inward trend in the afternoon. quota
Westinghouse ros" sharply in The late trad
VI ing the buyinc being attributed 10 covering
hy shorts. y strong un6srione prevailed a
the close. although believers in the
stocks place llt;le credence in the rumors
of peace negotiations and back their belle:
lay tmo statements OF continued heavy pur-
,hnscS OF war materials 10y the allies. the
with much less favor thaU formerly. Mann
re"p" who Rushed hcadlcnE iito the market
higher prices. ar" beginning to become CON
NiucoI that all the wnr shares are not see
I" believe VIXEN the Wild upward rush iu
their prices was under way. y l"-poInt
m'dE IN war STOCK makes more impress
zion mo" !. Spectator than many volumes
of advice from 4 broker as 10 what nigh,
IN these shares accompanied by the demands
FOR large margins, Is being retHct"d in the
s"'lPar"tNt yu''' vt th4 va! -i"yNs' Amer
lean Cotton oil common was higher. follow
lnE announcement at tho resumption OF
diNiicnls ON the common shares. The pay
mcnt "i per cent does not mean that the
shares have been placed on quarterly
dividCud basis. the distribution simply bcin;
''NlD"nu, according 10 ar insiuci. Earn
ing Tor the last fiscal year cquaicJ -. per
cent on tho common stock, says memDcr
"t tn" executive committee. ANA the second
largest in tho company's history.
Increased earnings continue to SUPPLY am
rails Reports tor september announced to-
chicago. Rock Island and Pacific ana ,;.cat
northern reported decreases. but ,hcsc were
lu'r" thnn offset hy the increases OF tn.
New Haven. minneapolis II l'aul ana Sault
Stc. Marie. ana ,hc Norjoli, ana western
notwithstanding til" heavy demand for
bonds som" commission houses have So;
much stock because they are paying little
or N" attention q" their bond departments.
T"rrcis were higher under leadership Of
and advanced points. closing AT The top
hSur" sui 'ips. oec"mpNmiod by ru;ors
hoard IN many quarters. y general increase
IN "a" price eff GOPHER metal /" Isl. cents Il
producers Wcstiush"Uscs sharp 'advau,c,
'n thr lat" trading we're du" TO announcement
,nni total W. orders booked by IA" com
muE amounted ~" nrproNimniely s"t"-r-n.
1T" states thut sl."urrt! ~ tho S'>rr5.rur ~
'"mNri'in,' per cent bonds has uccu con-
mouths earning resulted in tho selling Of
IN" stock TEo statement snu,,"d .. Gcnrit ~
EiN"" "saimst surplus ui 80, 50, tor the
s"'nr rcrioh last year. The compu7y an
u" :n'"d. however. that contracts Tor inu-
hiii"rH amount &c" .b"u, SI>.O"oor
Persons rIu'rly idcn,incd with the Inter
n"lsmal M"r,,ntil" Marine d"clar" that ia
completion. ana thrt "a interesting IN,