The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-04-09
STOCK MARKET QUIET
BUT FIRM IS REPORT

New York. April s--with the Ak
espfton OF few specialtiss the sicc'
Z market was quiet today. but frm
These specialties made sharp advance
Il Notable among them being p'stHlegs
And American Ice steel was stTone
i most Of the day. but closed with =
fractional less Cobners were stead
ana some brokers thought thsy saw
signs OF accumulation. Cotton broke
badly In the afternoon. closing nesr's
vs. bale below its high in the May
and July options.
Crop news was good. the rovcrrr1e rt
report showing thai the winter " heat
crop may be 100000 bushels aSatnsr
4is.e0o. eoe isst year ard the re crop
s.aea. GEO against so,ooo.A'N Tho
wheat condition on April I is given
a. -s.s Per cent as against s34 TO-
1917. The rye condition is SIS against
sI.
THE volume o. trading vas Hight,
due 10 the battle conditions IT Ey-
rore. bur verv isrgelv 70 the liberty
soad earn psiEn Never t- the history
Of Wall street NAs there eear such n
demonstration "a the one al mid dsy
before tie s1ssreaRury. There is no
longer any douet about the lean eetuE
ever subscribed.
Military 1uthertts@a are caatia r n q
brokers against permitting too liberal
trading for the r~rt week or sc While
Trey eelseve fae German drive has
failed ana that the c-tsls has passed
leaving the situation IN favor o. tie
allies. they adr,}: that TIE sft1a ioa
10 stfll very grsve Thsy believe that
ices Of AYrlens - ALREADY discounted
an the market and NoIs thst Il has
been urn rcessArily discounted They
say that even t@e loss q Paris would
not discourage the F~srca people, SUI
would or}y Cause heavier sHtHrl@ -
Of men ana munitions from Ar7erl- a.
Those who expected tts vsr ~ eua
IN the suturNr ~ 1918 a-s o0u be3fsv-
@7s In 3 stiji iouErr var. They eav
the United states must now hr3ag It's
fail ~frer EfA To Ne&r cN tho r~@rmT he.
Fore there cav ae Nns} Errfs af- A.
this rctrf 20 view ts the ere erter-
safn~d by leaders ~ -b~ et~-'s 7oa~Set
II is important that fhe inresttnE naa-
Tic eons;de- 81 carefully Whether agree
Ing ~ith It or rot
II will lie seer tAst - yery :~arrr-
tart advance car BE expected irr-ne-
dtatefy. hut should AmIens Re sars'
There would ur6ou ht@diy ~ ar tfn
rcrtant -lly =. TIRE market in cafe
hratfnr TIE best aathortties srs Sd
vtsing trading position or the long
sias
liberty a. VIZ. heavy rr7'4. ss1HrS
TnST TO 20.
American Ice issues advanced nova
thar points holding most q the gain
1asie@rs confidently expec' ~ inere ase
Of tire preferred dividend to par ceu Z
Disttilera made another upward
movement crossing a. The COMPANY
liz ALREADY planning another advance
In the price of wuisksy. Bonds ~ the
'ronapany sra very strong also. They
are being picked NJ by the company
itself, but also to sorns extent ny Hpec
tators who believe thst after the com
psny has bought all & can under par
an offer will he made for all that may
remain outstanding
Copper men say they expect 2b cents
fer the metal at the usxt price fixing
by the eminent. with such an i'd
vance they hope TO be able TO rut into
operation plans that will speed UP pro
duetion Even at the 2sl cent price
which showed sa77 e share
earned IN 1911 expects 20 earn fully
3ii q SHARE in 1918