Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-05-16
WALL Street BACKS UP
SENTIMENT OF PARADE
Stock Market Shows by Its Actions
That II Fully Believes in
Preparedness.
INTRINSIC VALUES IMPROVE
Advances Are Made All Along Line.
Some Issues Showing Gain of 3
Points--Steel i Leader in Point
of Activity.
ny nRoAnAN WALL.

NEW YORK. ,Ma> l5.-wan street backed
nn a ,he S5GSE 'T IN n "ia "S Of
urday In favor Of preparedness II - IN"
orty in Tho United States is not .rca'ly
secure. and that armament and mi,i'aty
'G n6mg nse n nF In s,Hray
and its effect ON Congress has ACTUALLY,
Street. wheh a:t"r ''' rSpres"n, hysca
properties Advance wcr" made al al"nE
the line, In som" classes running i"oN" :
Steel was the Iyader in ,oin' Of ae,
were active for thcy would H. IN" first
lcnc.ciurics a. preparedness Sni S-"N'-
In genera n,ovod ia The sam, direction an!
anything needed Questioning on N" S'"f'
being traded in heavily under tin innuonc"
OF plans tor gigantic mefcrr
,nsrr ;eT wo You'd l.. far The purpose IS stand.
e-disins cars and reducing III" nufnhvr q,
Cass snn h me 4nn G H hi a" rr5
60 the public would ho reduced .1nS
broke who cHnESs I d. T@i ,oS% how
ever. that his Information ina MN 20 w.,
syG ;hal }hsTe , Is n@tHNn III we"
Brokers we're advising pr'%haS' ., $500 ,t,
this oTninE.nur@h"sS@ =" mGs} n> nmad
ing aud steel Th"y Thought Vol 70,
Marine PretGrrG x,c;, iS for SSioa Nsas
t;ult and Meet indies stock wcr" 'nN"r'"
The crop outlook having improved = good
stocks Among tho railroads fayorSa "nG
SAD to be slated f Si,il fG;,h'r W. Union
Pacific. New York Central Bali,inor" anu
Ohio ChesarGate ss and %h'G 81, III linz and
In regard to IN" rumoscd auto,n"''l", lmsr-
Ger II was said that Chevrolet. WINS
Overland. General Motors ana rer,n'an rim
already had SsTn h, sssDJ definite a aSM be learned
regarding S,udehaker hut as the stock !.
selling 30 points under the high pric" mac"
[, *
purchase 4 high Official IN on' "i ~" ~"
motor s"mpsniG na IS rGls@o as
News from. MexcG2 waS STSM ~, - %. ',
ionm and Sme,ters. io;h Of whtcr advanced
the former SHARPLY Si"ghs 81 . %tnS' ,, .II"-
poiitan Petroleum We're strong
strength Of ,hc Mexican "l rh"r"~ Is ~
very largely 70 the report made t" ~, me
States would ali Il" cNhnussl in loss han
the greatest ~ figiGs In Inc w%fi Alcohol
md Of pis,iiiers was good throughout ihr
session In addiu"n :. IN 'hG nyc 'Gm mad a
RnHwH nm 1nyestmsm, in Alcohol ,hcr" is
oficial evidence that Drohimii"n Is ,; ;
material increase IN TN" '''S'H'i''"" "
Copper established what Is ncW hish
record in I.ondon ny selling a, S s4",y o,",
men say this hirh rrice "i "a, .,m,,,pI f.'r
htddinr speculation in COPPER warrants
rho result is that ther" Is n" market tN-
ron. among actual producers aud consumers
Persons familiar With the N"lu" ~ Sp,,,'u
lation estimate that copper M"ut" l'e sr,:'I ;,
we're permitted IN Il. There n"E"i Vas !,
speculattve market for copper IN the = M!
n IL so easy FOR producers &" contr"' prices
NEW YORK. May 5-Mr.rrSan,.t.!c.o r"rSr.
s9u Sterling sixty-day bills. si.'-'2 IL
mard si75.,; cables, $i7f 7-!E Ear Hii'rr'
IA. Mexican dollars. .; government l'"'HS'
s,e.ay Railroad bonds. FIRM Tim" loans
easy: sx,y and ninety DAYS =. 'iN