Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-05-13
WAR STOCKS ARE ACTIVE
IN WALL STREET TRADING
Believe That Peace in
Europe Is Not Yet in
Sight.
AUTO SHARES MOST PROMINENT
Developments in Mexico Are Such as
to Make This Class Of Securities
observation-disclosures OF Engineers
Strike Responsible for Buying.
u, pnoAD>N VAIL.

NEW YORK. May l2.--War stocks
We're almost huoyant in VAL H,refs
hold by professional traders that nea ="
in Europe isn long Way off. McN''
developments also were OF such a ma
turc as to make purchases OF this class
of securities seem desirable. Autom"-
bile companies making trucks were
most prominent. Baldwin ana 'ru', :
bio took q leading part in tn" markct
Among railroads tho only movement OF
Importance was in Canadian Pacific
and this was accompanied by report
that the government might take over
the property. Tho advance was prob
ably due TO crop cSrectauons IN inc
Dominion and To revised industry as
svnpa thiacd with tho autonobio
shares and displayed strength all along
III. line
pstillers and industrial alcohol M
proved, and tobacco shares were made
TO look strong Collapse Of tho strike
of engineers on harhor tuEhoats Was
responsible for q good deal Of the buy
ing of stocks generally, because II ends
the menace OF freight tie-up. The
West;nchousc strike is over. II begins
10 look &c IL in short time all bust
ness would he in full swing again
CHEAT LtBuB SCARCE,
MANtFAtri REHS REi'nRr
Westinghouse is reported 10 lave al
uttioual orders from the allies SUN
lien, 10 keep its rifle factories busy
for two years.
The rumVr persists that the alH"u
locomotive Company has been ac,Iuircd
IN III. interests of the Midra'@ 'ombi-
nation. The stock WAS actlN" to-day,
and buying was % the best kind. Man
ufaciurcrs are reporting difficulty in
keepinE low-priced labor. High wages
being offered by companies engaged III
war business are attracting all the
ncatinE supply Of unskilcd labor at
high rates.
Rotations OF recent years is soon 10 he
announced in connection with hytns ma
wei advanced and that statement may
he Forthcoming in - cour'e Of dsIS There
Is nothing indicate that tho n"w Ierp"-
lin romr.ny announced to-day. y rart of
~ II 10 believed hy the promoters that
GASOLINE THIS SUMNER
with IN. i.tirom"u, ~ 100000 OF bonds.
the pis;ilirs Corporation VII hay" but
sl:.c''.aS5 outstanding, 1t is nndcrsl""d ma
Tho cn rIsu ton hss nucH assc,S in CASH
bills receivable and finished products equiv
sl,n 10 se atoye 10" rsocoo sf'r payment
ct ~, the hAed charges. or in other WORDS
n,s s"TH'4 r.o"rcmSnt on S"rdi these figures
mako II evden, that the buying is not
speculative
export Of gasoline was only - per rom.
IN excess .; INC same period IN , rreT.. ,i
over las, year wa - per cont This ersa'
Increase is due 1" tho consumption Tor NM
nc price Of gasoline o%Eor,,d ~, was about
:: nor cent greater than March: l'' Ihcsc
Inc iii. summ.r More oil ls b"ins brought
out ri Mexico. but that is l"w IN Eaa"',ne
ano,hcr advance OF gasoline prizes IN tn"
u.,r future csroci.ll> ~ III" export he-
mand is 40 ins'St"n'
Nrw y"nN, MN II s,, w,ih tr lsm '> 10 6
ion s'sndsrn .soI n-,sG I'' mar>s s" and this
Yi.r v,ss ircblod "r rupdruplcd III some OF
the highly speculative SPeni.,hh'* g.. inn.
rul,a from an carly rise In rails Canadian
paciic ,csdius with gain OIL ~ r",un,S
iess,o-n lines a. yell AZ coalcrs aud South
ern issues. improved /" . p"in's M",Tr
Nd tndnstria,s General Motors making 4
maximum gain of = - i"l' WIN ~ ,"'
M'I,y*, os,ry.I% bs,Nwafd unt, tic i,nni
So, was mad" and Baldwin Locomotive
elevated thai @roup I" O'st prices "i Nv"
e;nicpnr issues w,rc prominent in lii"
uo,nts for Mercantile Marine preferred AMI
common and United fru'' Miscellaneous
,,rrIn.r, s'orss ana Wentworth advanced
suhstsn,iaiIy, toeeth,r with National h,si ,
ruit preferred, jewel Leather. sugars ana
some OF tho tobacco cr"ur.
Mexican. pefe under restraint hut United
Importance TO hold hacH Toward the lose.
however: i ssined almost ro'n'. total
inouiry To-: bonds expended with tho
broader stort maIkci Total gales pal
Cni,cd States bonds unchanged On call
%rw YORK. Ma, IL Mercantile paper
rT&. Sterling. siNt! day hils. ai"':: de-
mana si75S.; cables $i..S I'D. Bar silver
-. Mexican dollars. 5:ic Government
bonds. steady; railroad bonds, strong Tim
loans st.ad! sixty days, -. a.; ninety days,
e. Il, months. $a5'.. t"N MONEY, stead!
ruin. rate,
BOND LIST