Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-10
SPECULATIVE BANKERS
IN WAITING ATTITUDE
They Are in No Hurry To Plunge
Into Market Until Atmos-
phcre Clears.
STREET TRADERS SATISFIED
Another Day or Two of Dizziness.
With Activity In Specialtics In
peCted to Disclose Any Technical
Weakness In Conditions.
BY BRo,pAS WALL.

NEW YORK Mar,h 9 stocks we've ,r-rEu-
i1 1i to-day. Standard issues wer" allowed L"
sponsible FOR to-iay's activity
Steel common moved between . and :"
tho charac;er OF IN" buying Eraduuly show.
Ing wide speculative in,"r"s; Missouri
TO lSia. Tho passing "f tn" Gould control
TO take pron,a Trough, a reaction to T.
bsk Reports wer" currer, liza, earnings FOR
snorts 10 discourage the advance in this
on the sny,n 's' side was rate", ali iay
Maxwell Motors "r-c strong. IN" first pre-
b. Other ,,u;omoGm" ISSUES '' iackcd snap
6pecialtics were mixed Ice crossed - and
then slid on losing n,os, OF the lay : gain
these equipment issues is no, promiur
dropped 5 points 70 $ "a; tho close As an
onset TO these declines = " wooiwor,h
rose from i9l .oIt.. Activity In this issue
drew attention 10 the recent repor, .; the
chain OF and io-Cen; stores. This com
against So. 10000 OF tho wooIwnr,h ca-ned
Last year 81: As per ccnt against iqSt per cent
company is eap.talised a; Sc, 5000 insaans
sna 'nN Of Gsks
ths common and re! cent on the pFeterred
sa s5 the shoM s for s' y
Ssnt over lsi., ana e;ockhoidors arg hopetni
q an Increase In the common ot,y , d!%ieends
Bonds werc strong
Floor traders expressed tho opinion a. the
SS:r day or two Of d MIN 'y Win activity
N sPecialties or n temporary decline OF
Seohnioai weakness in conditions Money is
saEy here. and even cheaper on; West
paper at and q. per con, in the Midda
Vest that could not he disposed OF here at
"a per cent
Just outside stock Exchange circles but
within the outer ring OF the banks. there
De eeneTpen IN 'mGTeaS3 .nGHr% i"f
der favorable conditions
NEW YORK, March a-ror ,he frs, time
Since the wars outbreak conditions abroad
to-day were almost wholly suhoruinated on
tiop. Latest icvei"pmen,s excited some con
Germ in financial circles
Stocks were stead, a, tho opening. but be.
that warshiHs wou!n he sent TO Mexican
ports. Prices became hrmcr, however. when
u became known that Washington had not
Departed from IT'S policy "i n"ninierrent'on.
discoveries to the early high level were re-
with few material changes at tho lose.
Retirement Of the Gould. or dominant In
tercst from The Missouri racinc and -
Louis and Iron Mountain roads MAS reflected
by cousidcrnhl" activity at advancing prices
how s@y",'' prom akns in Mior ra "'fI
caused som" Shading Of quoted values;
western MalElanN common ana preferred
were the only railroad stocks 20 score sub
ttariih gains Canadian Pacific, Reading,
lch.Ih valley and Chesapeake and ohio
Were relatively heavy.
Time money WAS dull. SIN months loans
being made at 80. por cent.
There MAS marked decrease o: future
foreign sales 81 American bonds. THAT
market was Irregular With strength in low
priced issues American bankers aunounc-
ed an impending loan OF Sid.p"l.0' to Swift
GerlInr in the form oi To- 1--we. year !
per cont notes. the proceeds 10 h. used
for purchase ia THIS country.
United States bonds unchanged on call.
%sw YORK. March Prime mercantile
paper. 3.Q9:. sterling exchange. easier:
sixty day bills. S'.7?; Tor cables, S.>io: for
demand, $i.S)65 bar siNcr ~. Mexican dol
lars, IS Government houds steady: railroad
bonds, irregular Tim" loulis steady. sixty
day. .i2ns7,. ninety days ., sin months n.
Call money, steady: ruling ratio,