Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-02-04
UNDERLYING STRENGTH
MANIFESTED BY MARKET
Trading Is Dull, Thin in Spots and
Irregular. but Little Selling
Pressure.
spECIALTIES ARE PROMISING
Further Advance in Various Issues
Is Expected = Western Houses
Dominate Market, and They Have
Turned From Stocks, TO Wheat.
ny BRoAuAN WALL.

NEW YORK February 7-To-day's stock
generally Irregular Sut iacNins n sell
Ing pressur" Tue close showed underlying
strength with promise % "a further advance
Western house. have domirs,cd trading for
decline 90 cents HusNols In Mav wheat
ano:hc- rciSrsS we're Tic spcctaCulsr
chHrs-s IN wNest
wali s,ree, : no; accustomed % new
ii-cly without c1-'v Indications ~ values
ins' re- Isafs wS-s ,sFg,ary r"GE,Ts' ION
ing o. interests has cu-t7ilsi business urtU
,o- sE"SNTs - Who's a. Mn', McS,
~. So 10 10, ,,ss, s,cre ,gss,,.s
trsiea f;'"lf - >-'''l.r rro6t stnckhrokcrs
,,,f:r.e'a eSne9>.,ve onics~ AID c;hN-y,'se -:
pride rreyoo;s ,hrn from, reducing
prc'wa'ce, watch oa''cd Mexican rot-o.
clesscd s,.s- Sonr,o:, as a ser'i-i-,%,t-
,,nsrt h7s directed TRACING IN way, NJ
steel common WAS dronpinc i points Next
can Petroleum advanced 81 and Tho steady
Were curren; to-day that as tho property
Is ss'i mated. e. So corning = very h.nt.
The shares rose today to ~
Ing 6etween ~. and as. rrnde reports are
generally Of a favorable nature and pre-
J.
crease IN unified Tonnage for january would
exceed itn,oo tons. bethlehem Steel was
Automobne issues We're strong. stud.-
baker gaining a point. Goodrich touched
3, and Maxwell, Motors list preferred gained
international issues were aui., with no
,sns % sS.ef 'ns Of
trading at stcadv prices.
frac,en fnt.res. is now centred ''' on IN.
forthcoming meeting of this company In
Copper stocks wcrc heavy. a further af-
vance I'm tho metal falling TO stimulate
weak falling TO sass. This stock acts bad
y. and may he suffering from inside
P"nnsyivanIa ras Cwh"n !ssued) made ,hc'r
first apnenrancc on the floor. The bonds
huvins by savings banks the did not
ceive their cTneot"d alotmcnts, The is7ue
nectcd that the bonds Will aell on n : N basis
THIS would "nrrv III" price tn ifG
oncrat ions This is a hralthv condition ~
some aggressive canitniis.s who may nrrrt
optimism ma nurse Il along until the spring
season naturally carries tile growth to
fruition.
NEW YORK, February a,--Thc outstanding
market was Its extremely professional char.
over to that faction, aud there was n quiet
hut persistent pressure upon loading issues
Tor the greater part of the session.
United States steel which led Yesterdays
rye kept well above It's new minimum. most
of the selling beinE concentrated upon Read
Ing and Canadian Pacific. These stocks
particularly Reading. ma infested some heavi-
ness IN The London market. where the in
ternat"nnt list. with "a Jew exceptions tend
cd towards a lower level.
There We're some contrary movements in
the :ndust' iai and spscial groups. Petroleum
shnr"s adding to recent gains on REPORTS OF
another advance in tho advance Of the crude
producer. Fertilizer issues also scored sub
stant:al advances while the sugar stocks
closing prices in may Instances were be
low those OF Yesterday
Cereal markets attracted less attention
although May wheat once more moved I'm
sou at"nal fashion. suffering n severe de-
elm" at tho close. Unofficial advises srir-
demand for our fuodsiuns and cotton
Trade authorities report :. better feeling
th!s week In III" steel industry. tho more
important co'nra n'cs cXDcctIuG further in
crease running into March.
. ThH feature Of the bond market which re-
Elected the contraction In stocks was tho
Introduction 10 the board Of the new. Penn
sv'NTtnia Railroad u. per cent which sold at
their recent high price. Otherwise the pr!cc
movement was irregular
call. hut the IS aud IS gained or actual
transactions.
NEW YORK February a-Mercnn,t,e ma
per, "':ni sterling exchange. steady NJ
ae Gin niNty-day hnls s's:: Tor cables,
Msxean for ao 4as"a :: $50 Bar slvsf
steady rdtro..i Nonas oi iTrer,1r 'g rc
loans, steady: sixty days ciaR"s. ninety
days. "RH2: six months. ao:E. Cali none