Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-05-30
death OF JAMES ]. HILL
NO INFLUENCE ON MARKET
Public Will Not Realize Great Loss
Railroatling in General
Has Suffered.
ADVANCES DUE TO COVERING
Motor Stocks Furnish Most of Days
Activity, Chief Event Being Break
OF 51s4 Points on One Transaction.
y. & ". Makes New High Record.
ny nRnAnAN NAIL.

NEW Yokk May q The ucaVn o: James
i. Hi had no influence on tn s;oci, mar
lie, to-day either In the issue, subject TO
his domination ar ciScwher" Tn" chiri
reason for this was tina; Mr., h4ilH work
was OF Fuch general character AND ina
he put men OF tested ability in every ro'i-
tior oe impor'arc" throughout thH, service,
losy rsrnadiuS general h.a >nS
Morgan was q railroad banker. N,rr'intl
real builder. and. fortunately. his share MAS
neaxueshly complete rhs market was cN-
tremeiy ,eutc, The dullnS.s Was laFrGiy. ~
course. due 10 tho fact that tho ono ia" Of
business was sandwichcd between IN" TWO
holidays. N"t results OF III" session were
gains. sut tho advances IN most every case
were due 20 covering Of shor: contracts hat
had been !et, open over sandal:
M9;9r s,oS Toe ,uFnishGn m"Si or nc diys
street. especially tho chief even; was :
nr"ak Of ~ points .c on /" sinEi' Transaction
uln tors TO do some hard thinking. as they
contemplated N, rar;d advances and ,hc
daily new hish records mrds in ;hr auto
United Motors made high record and
other popular issue. w"r" strong hut ;E"
break IN General Moto-r knocked al Tho
enthusiasm out of tn" stree, and III" tr-
sideEs had tn" manipulation all 10 them
STRENGTH marked IN the tire sta, rs
among which Kelly Spr:rE ftcld. lie" Tire ..ud
United States Rubber w"t" most rromin,n,.
some OF the aCcN!t! III motors based
npon the theory that gasoline Is declining:
In Price There hav" h"Nn reductions ~
country. but these are not s,sn!fran, being
mes".T rcacuors In N" general UPWARD
swing The most conservative calculation
sEows mat the worlds demand fer rasp.tr.
IN: Yes: VII be 5000 gallons in excess
81 The possible supply Tho zeal demand j.
JUS t"sinnins 70 b" :eir for tha, !, s
only row that pleasure automobiles ara CON
iHE out OF the winter storehouscS In ,--..ac
numbers
Engineers Tor automobile companies are
hard at work in an Effort 10 produce
gasoline and that w.li burn a lower gra,ie
Q, fuel such inventions. II perfected. can
have no influence on the p:icn .; ..nsn'
;ne This year. for all III" cars that can y.
sold TINS season arc In process ~ MANI
INC GsE Wa not without It's l'c.,imate
ne" high record. Nor:o!k and Western
being the stock making IL NorfoIh's record
Is made on big legitimate earnings. and
Its price is fair even after the advance
LehiEh Valley was strong also. ns vas
Beet Sugar, but ;ha latter TWO were M
reacted more than points from its recent
downward movement. stool moved ur
Street talked politics rooi d"ai and looked
forward 10 IN" nomination Of Hughes by
the Republicans, rho Str"'; vii! h" much
disappointed If III" justice s not named.
for /; has made up is mind tina; regard
candidates. HurhCs j. tn one mos, likSiy
mean election It prefers burton. hut f"cls
that ho Is not w. "n"vGh known +" ~,
Jus, a l.t;ir bl, afraid Of Ro ,'., rs ,ha
day 0. the convention approaches
cor;rcr nr,ers IN London hay" maI~ ma;
copper men heTa believe that a. soon a
the great orders freely spoken 81:
placed the demand from nun.tion
fore. prices TO levels higher thar ever.
Many houses predict substantial rise III
cral lay> aso that this advanc. was 20 be-
gin this week