Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-05-20
.REhp|NC CONTINUES
ACTIVITY ABOVE PAR
Wall Street Buys the Stock, Also
That of Several Other
Railroads.
1NDUsTR1ALs ARE NEGLECTED.
Some. However, Notably, United
States steel and Coppcrs. Snow
Vitality - International Banking
House Buys Much Union Pacihc
ny HHo,DAS WALL.

NEW YORK. MAY i.-Whcn Heading CON.
s inSsa s as qS.i as mater Of
ana no, only bought that stock a. rs now
high record grcE but nr'n ynr ~ |.,, ,1,"
Cmior Pacific Eric and other railroads J,
nov rGro.ied 'na' , G%,n classes OF BEADING
lndHs,rss = sr"nr w yir,,L n's, o,SiH
United states stool and som" 81 tn" Cop
:. .rers which were purchased freely; ,ao,,
is a wise riec" Of work TIL" railroads WI!
suffer leas, ir tho first excitement OF p"atc
: trials in check. Insiders always hay" hcei-
tated to make distribu,ion Of KGad,"f
kc.r the general public from getting any
benefit I, now Is said that among nc
- the British government there was 4 large
quantity Of Reading. End that Frs; Ma
block at private sale. The sam" people ~"
. interested IN Baltimore aud ohio and New
srsa; hcnchosr'os OF a distribution Of Read
FMS circumstances. therefore. ar" aust
right for distribution.
DISCUSS POSSIBILITY on
There Wa some talk today Of corner
IN neadine, hut Reading, has been Sarncred
day IN ten wears that Il could not hn Pu'
to si.c"r share = the Insiders cared 10 Il"
/, now develops ina for tho las, month
an ngnHl hsnN,ns house Of min I.H,
wealth.
as fast rs II could bo picked NY In 'he
market without advancing quotations II
: !. p Morgan < 10 could got from ~"
: british government T. a. Ir''ai"
unscerily oua,s,ions made ON ,he exchange.
This house bcuch; Northern Pacific i'm The
Sc o we rG, o, S ' TTn ,mm u IN un No,
pa1lfc ~ IS faGt h"wSvSr; ma, no. ,Tm.
r 9 VIII lG9% rsc 1s for "ss "1'N %' ava
- j; is a wonder that some strong indivihuel
ala no, undertake h"for" this t" round u
/, would be good fc, tho road and GOOD
for tho financial "Hrld IN r'nrr"L ,, ~
nrop,rE 10 nsh, e. nc..pSs i H. ~ ,,"r!,
control would 10" TIA, y" would find him
self in possession of Eti-edse invest
Two Largo pools NV ne"n formed o lyG to
~, NV York central stock offered Ivy IN"
British government, ana th' "'h'r 10 'AN'
Sow yor. Central own. y large block
Of Readins and should na,nrriN ''I ,sis,s
due to -ha market movement NOW under
s,oti is ovorwhelmvd with ,"rdcrz for
business. ana has no, discounted - strong
position hccaus" Of 'hi. h'nrN "' nr',t i'
stool, thai has ooen hanging over 'he
market
KEW yoRI.. MAY i, To-day's broad 'n4
~. rr-ostra,ua.. rola lions ct Yesterday. WIN
Inc ricnifcsur". however, mat RAYS com
,,aiely cclirs"d "war hrdcs' and other VIZ"
Issues ..i,
INC entire list rcvolvrd Reaching common
touched 81 uc>y high quotation ON 'is t"'c
uocu riso ~ G7s points /" 100: IN" "'"-'''
,, JOS Tho ,cccnd rr"fcrrch all" .'''Anc.u
into now ground at W., "ut closed WIN '''
loss Of 81 ~ i5i!
C,hc. cnalcr were influenced hN ito7dwEN
!. impressive strenrth thor gain, RANGING frc"
10 , points Virtually al rHils w"r" an
h-accd I'm tho rise. Pacics Changers. M
Southern rroun and minor issues ~ n.
SHARP rc6ciion at midday Wa f"ii""el hS
heated covering when United states steer!
c.rr.rs aud marines w"T" "i ihci' H'''
There further rcal!Etnr. however INC
lust htt fore tho clos" considerable part OF
the day's general gains was forfeited
Total sales ~ stock. amounted 20 Loo.
M shares the largest siur" last pctoh'f
f. n.sdincs contribution to tho days trading
Wa about $4,000 shares
General uovs vas ignored in IN" hHpr"n
was yirtualy unenaue % Nthoreh sterling
BOND. we're .ruvc md strong. ,vi,h i
raw rirh quota'5ou for Dominion 81 canada
s. A. lloi. Total sales - horis. rGr value.
if.oern coupon IS advanced per ,en,
on call.
sEw work "ay ~ -uorrau,rc rarcr.
797I, starting. -iNt. day hil-. 'i1!a, do
r,sni ,s7s c"o.e, in7fu Is nsr silver.
bond. s,rons Railroad bonds strong tim"
loars st.atv. -iS',.i 3tHs nn.'i
. rnorcy. steadr ruling tate