Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-04-19
STOCK MARKET TRADING
HAS ANOTHER DULL DAY
Interest Confined to Three or -Four
Issues and Dealings Are Largely
Professional.
TONE PROVES FAIRLY FIRM
L. S. Steel Common Shows Pcrsis-
tent Strength in Face of Heavy
Selling. 10000 Shares Changing
Hands AT Close of Session.
ny ISRONDtN WALL,

NEW NOEE. April lS--rradiuE in the
T TNe 3" spUtuis,t, HicrSst Vas confined " 10
three. "r FOUR issues, ana The h%aiinss. We're
Largely 'r"iosrlon@ eNG.,Spt Were f"r.cI
mnrhc, Uas fairly lrm. United states Steel
common ,hoe ed rcrsis'on, strength in the
syndicate haa boon formed I" take over
Tho rcusiung shares hold by bankers for
snaros ehansed hands ia ne last few min
" "hVS ct .Gc close.
Muni,iou stocks were weak, Westinghouse
ing IN Baldwin Locomotive continued stead
.Iy, al day, nmyiur n" prie" more tri.n
points :rum the hCh figure Of Monday.
Good Judges ~ values express the opinion
,rusic value.
United states Industrial Alcohol dis
p19HyCG HyiG' T'T%ns hG MFn T ,r n now
facturo 81 explosives insurcs AZ least tenn
h%rary Trofn@r% LGr ns ,aT p,rEcx dc
pend upon Tho efforts NOW being mate I"
,na nG 10Y It 3n, II me r"m f M %nS
Copper shares but slightly reelected The
s sg' for H oct dciySry were reported
i,anics ar" making contracts for delivery
This should insure ,rroSpgri'y Tor some
Consolidated was firm lust under Is !umors
were current that minority hoiacrs' the ,nn-
COPPER, would be given au opp"rrnity 10
.ychanse their shnrcs for Utah copper "a;
Recent decline ~ tho indus,riais have
somewhat Weakened speculative accounts
among commission houses. AMI soluo ot the
holder bears have Expressed TIA" opinion
that another drop Of from to ; points
would unse,tlc public holdings sufficiently
10 cause Nuuidation large enough to emnblc
;hcn to cover their commitments on tho
short side. 1t is an odd circumstanc" that
tho free circulation OF ruInors ahou, tho
end Of war orders docs not III with condi-
lions in the markets for ra" materials.
Steel. copper and Hinc all holding firmly
IN price. and most If the large manufac-
insure activity and profits for several months
Dealings in international Mercantile Ma
r!re certificates were a feature OF til" day $
trading. Tho turn over In the preferred
the price at one time showed gain OF moro
thar points which was lost in tho deaf
was consistently firm. thanks 20 the report
FLED in the cderai Court 10y l.. : Frank
Brokers with nanNinr ronucc,i"na we're
qnici lnyer. OF rn'l'"nd stocks. and a ruin"r
lected, would shortly be taken In hsnd.
Dsn.eT prsferred- On light . ,rsdnE rose
both scored fractional advances. Reading
gained more than a point ON good buying;
rumor that the second prefcrr"! shares
Lack OF accurate information from MeN-
leo was reflected III the uncertainty in price
shaded although tho shares could NOT TO
called weak, American Shelters sylnpa-
fractional
Among commission houses the sentiment
appeared "a prevail that more apt
than revival Of activity Ia srorulati"n
Tho speculative situation H not considered
ana tho recent decline in the so-cail"d war
stocks have brought MANY "f them % a
- the conservative" investor,
Many brokers sh%w an active interest y
Gs dead ana he army wifthirnwn' the
United states would u" c"mpelIci! To repea,
the present prrformauo" h,inrc many weeks,
~" 10 The risinh OF an9iher leader who
would take the place of villa and carry on
W Americans until this country would send
IN lu;Eer expedition. which would stay
could he mad. vn-rnhy the continual up
heUyals could hc controlled. This, they
tain,y regarding our ultimate relations with
German should koep The ma. kS, In m, ne
on, definite trend
NNw YORK. AprU N selling of special
stocks. more particularly ,hos" OF the war
group. was resumed ia moderate but steady
fashion to-day. some of those issues record
cline Tn" doubtful status OF Tho European
ana MHNiC"n pf"ntihS '"ntT'b"i"1 measure
by to this trend. bat other events 81 the
past f"w days accelerated tho movement.
chief among yh.s" were int!maiions by
represents tiNos "i large purchasing interests
that England ana France now able
meet their requirements Cor arms and
munitlou without outside assistance
Mos, Of the metal stocks hold their
rr"und, with quotation Of ~ cents per
pound for "Srut copu"T United States
Sr-"l ruled MGR" fraction over ycstcrday's
minimum. and bethlehem Steel. which was
far less active" scored n"t loss Of ISL.
S,"ei and s,oom.&. e thGs other leaders were
announc"m"Rt- was made OF another ~ per
,cen; advanc" ia wtgcs by the stool cor
nor"tion. because Of the continuance OF
p~osporous ,oudltion-''
'rhe heavy ton" of n" inaus,riaIs ana
equipments i'm ~" last hour was largely
offset Toy frrSh outhUrst OF activity u!
Mercantile Marine. both common and pro
fcrrod ADVANCING TO best quotations 81 the
hhl. with similar advauc. an United
There Was d cur inquiry for SHARES o.
,oal roads, led by Reading. whose ma xirnurl
adranrc was -, with points Tor Norfo!I.
ans! Western. ana point tor ErIr irst
preferred TN" demand for these issues
Wa accented as natural sequence to
reports of au approaching settlement o.
differences with tho miners Total sales
ileavy donhurs in Anglo French ~ at
their recent miulluulu made for !rrcrulari,v
~ oth"r bonds Total sales. par value.
>2lsnonn.
United S'atcy ,ourpn Sc deriiu.d and
Panama registered a. 4. nor cent on all
sew YORK Arru i Merran,ur paper.
,nn"nd, - 'f'. cables. san. n,r silver. So.
MeN.oan dollars 81 Government, bonds.
hc"'l Railroad bonds easy Tim" loans,
s;"ads; afv'l and ninety dayy .g,ac: .IS
months. $780,, Can money Hr'n. ruling
BOND LIST