Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-09-26
STREETS BUSIEST DAY
FOR LAST TEN YEARS
Counting odd Lots and curb Trans
actions, Trading Runs Above
100000 Shares.
MANY NEW HIGH RECORDS
United States Steel Goes Up To i2n.
Railroads Wake Up, Under Leader.
ship of Reading, Erie and Union
Pacific.
ny nunAu,N WALL.

ny UtnADtN WALL.
NEW YoRk. September "5.-Wall
Street historians had To 20 back ton
years 10 lind day equal 10 10 days
session in tho street Trading WAS in
excess Of 100000 shares, and. count
inS odd lots and curb business. unqucs-
;ionably ran above 3,ooo.ooo. such Wa
The confusion that no TWO statistiCians
agreed ON the count In mos, OF .hc
exchange houses clerks were working
until midnight getting ready for to-
morrow'S business.
Of 22l stocks traded in ON the eN-
change ten leaders furnished nearly
one third OF the transactions. United
states Steel set the pace early in tho
day by opening with 2a.00c shares III
4 single block from i TO i" =, IN
M Wns M new "T b}rh rcc coTdhe Its psrform
aucc wus duplicated immcdintcly by
\naconda. " III jump to n2' by
NIneriC9lf SrG"ltorS, which sold uD to
III. arrd h> Other copper stocks on the
list ystablishinG themselves at new
nigh price
In the afternoon railroads woke ra.
ana Uuiou Pacific. Reading sold at
l1,l-i ~ now high and Union Pacific
al 14?&-i, the highest prize this yrar.
lust before the close heavy selling
ut steel under the leadership Of a pro
rvssiouai market operator carried the
rrice down points ia as many min
everywhere Reactions of from TO &
points were seen. Tho market closed
ilrcr ular. with many stocks showing
net losses for the day.
August ENPORTS
GO ABOVE S500.no0 600
Tho United States government con-
trihuted 10 tile optimism of the day by
announcing that August, exports. for
above S5O0.o00,00O for n single month.
imports 10 this country in August were
such as 10 leave n balance OF trade in
than sSl0,coo.0oQ. For the twelve
months ending August II the balance
Of trade on direct imports ana exports
s2Lo. .GO0. 600 In that time there
has been imported i1o,ooo.ooo Of gold.
Since the war began gold Importation
has amounted to more than Sj50.on0.0oc.
~ tho hirh price of ~" to-day,
steel WAS selling for exactly double its
current rate OF earnings lndnstrIhIS
uSrall are considered cheap when they
sell t ten times their current t;rh'n+
rate Back Of the Copper move o:
course. Is the sale Of Sl25 .Ooo.oo" worth
OF copper to the allies Now. II Is uu-
dcrst God. half that much moro is want
cd In order to supply ~ this metal
every copper company VIII lc called on
FOR all that il can furnish M to IN"
middle of the next year Tnu>' u IN"
coppcrs neglected :" max" new high
records III to-daY's market they VIII
have their day in the near fuiur" Nm
acouda ia expected 10 incr"pS" its div
idcnd to $40 n, the ncNt meeting The
Same dividend T. expected To come Ola
Inspiration, either NJ The nest meeting
or the one followinI.
These grca, sales of steel and Cop
pcr can only m"Hu largo orders Tor
the munitions company and for All
transatlantic steamship lines
NEW YORK. S"pt.n,hor -. III re. -Is In
surpassed on IN" S,ook ,:N"hanr". to.dAN
when 2.23p.UOo shur,S. l.NylVSN" Of count
los ''odd lo,s" changed hands :" tho &c
Of th"S" gains M'i' -'t,l ~ ~, ~ ~,
hctr NOR particularly 10" last iit""n uilu.
n IT was n"Nurctcd. caus"dla sh'inIlhE"
J'nitod states Sty"l in which d"al'nas
drorucd from 10. g. n"w maximum achigvod
net loss az POINTS after gross gain OF
topu.rs which rlyalcd stool in uromiu.ncc
ami s'rruEth. with now records for Ana
ISSUES ALSO rroku nhr'ruy. though in SOM
Instances r"laiuiuE rIrt OF ih"ir advance.
i;raIng "ls" iu'rdcd IN IA. list, OF 'n'.
I."ri"u' ~i".is- That found q n"w i"T'i r.
ll5'4 ,tyldeJ 'w"-thirds Of its ris" IN tn"
u.t-IiC,et,,l ,-rruE,h. notably Union Pacific,
- ran. Sow Work Central. aud TIA" cour"s
ten s.N.rty iu the rCC,dluG movement Motor
shui.s and Central Leu thcr. "li of which
hal hroll'u int" upw mrh ground. dill lit"-
,NS6pD Uni,i s,a,c. bonds were nm
,haugcd on call
SEW TORE Soptcmhcr q Morrau'il" rn-
ny String riNN ,a4y JUS $i'li {:
s%aa F:a,i,-?@6 ne@a, ,, .ys.. %T,mr
a% i' ,on,n '," z. a5 "a" '"" m %@sT
steady. futlr. rni' 20