Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-05-29
STANDARD ISSUES move
TO NEW HIGH POSITIONS
eorus Arc Established by Many
'harcs in Closing Hour on
Street.
"9'E Of PROFIT TAKING
ifauers Sell in Final Minutes in
view of Holiday. but Conservative
bankers Agree Money Conditions
Arc Unusually Good.
AVE OF PROFIT TAKING
ny uI,o,DAS WALL.

NJ" YORK. May 2s.--In the last
NoIr today there was excited buying
" stocks tina. established new hish
'feoTd5 III standard issues az we'll as
sFecIalticS. Then in the last few min.
Wsa o! trading "a"c OF proht taking
LWept over The street with tho result
,n't ma prices wcr. II point or mote
Zen esta biishcd. This pro!it tahinS
VS. due TO tho coming holidays which
"dppen at very critical time.
Eetorc Tho market opens on Mondal
mere may be very important dcvcIco-
nehts Ia the German situation Il i:
n'Lhchit 20 sea now how any deycloa-
neht IN the German situation can take
ths market bt surprise for all arrange
m.nia have been made TO rnarch the
: o.i''h armies into Germany ia the even,
%. refusal 10 atgm ana the market
"noWa mat and has taken II into ac-
,ouhI ~ Is much moro likely that
thf market has not discounted actual
HSninS b: the Germans FOR very few
nsrSnn3 seen, 20 believe tho Germans
1917 VIII sign ~ this time. 50 AS :.
innch more i!hcly to be in favor Of
"is"S' rriccs than otherwise.
Standards Arc Active.
s5nchs most prominent in today
Issues. Inc food stocks ,obaccos H..
,ni!r"ld equipments and local fractions
-Esi stocks were active ANA strong
'nt sainE .. point and moro
banhcrs made it clear to rbr-
.'GncraSe clients ih.t in spite oc ,h.
s;tuaiio Go' 10 ''F e\e. q, ,o.nS; The none
'eaSon tor pcs.iuisn Just nov
,hc ne nle rgason that sticks out OF
.rcop situation OF the United STATS
10 nv S-h tcT "neat crop IS NOR" Than
wen entertained regarding Tho sprim;
Mn.a, crop, and today that VAS DE-.
;9c 'd po bT an en'hueiastie rrepor, from
This year read Ike oil companI ' pToS >
IectHS.s Wal street is hoping ina,
sI,t ffHneT, so really know whs; they arG
lou ndatioA % the whole structure Of
o. -. ~, -, cours". much depends
ff;anr,Testins Of winter whc4; wiii bc IN
W. s",nS within 4 few DAYS ana me
W'hHen r.n.5Ssd s : sns" don .,,,.,
,rcsn Upward pavement today II
ne ne G ,n,: Of 4 .repo., Of In Iron
improving.
Food stocks strong.
r ooh stocks % al! pind>. incIud!nE
.cs. %ere strong r1e n1cvcnl@r';
,ea5.,I , ",ih t9?rn rrodncts .ad 81
cotton 81, California Packing EIscvll
ana American lee
President Franklin o. INC Af.r,,n
would probably b. i!giiiLl,teJ as '.',.,,
rs ,he sale u ships 20 the Rri;is'.
SLnGlcatc rs completed. LiQuIIatlou
o! ihc Mercantile Marine Company w!ll
unH"ubt.dlN DO accomplished tnru!sh
N" organization Of 2 ncw corporation
which ma: be clothed by ;hc Ameri-
cnn rprerumeut with power not hold
10y N" old company-powcrx ;hu, viii
'nnbl" IT 20 compete successfully FOR
more than 40 years with ships OF
Othe! lands
Strength 81 tho tobacco shares was
= feature OF 'hc market. Tobacco Pro.
dncts going TO new high lowell.
Several important TtoCkS SOL OK
dividend tomorrow. ana vi! loo. so
CHEAP a. {" attract huvcrs Among
iEcuI are Canadian Pacific. Southern
racific. Norfolk and Western United
states St"el. Smelicrs. California Pack.
ing ard Ajax Tire