Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-08-15
ATTENTION ATTRACTED
TO FARM MACH|NER|ES
Implement Stocks Sell for
New High Prices
MOTION PICTURE STOCKS UISE
""Ntc Companies Are on Eve of Sen
s"nni Period or Prosperity, With
thrnfcrs Opening Up for the
Winter.
MOTION ricrunE STOCKS RISE
By X. l.. ItnrntInl.
written for the United News,

written Tor the United ScwsD
NEW YORK, Aug li-Failure or
th" second attempt Of Pres'icu, Har-
"inS 10 settle the railroad strike
had no more effect on the stock mar
h-t ihan did the first failure i'm
spite OF tho fact that stocks arc now
SrlihS much higher than they were
Two weeks ago. There was some ir-
regularity IN both raiirond and in.
"uHtriaI stocks during the morning
irading. but this unscttlemcnt was
soon overcom" ana prices again
started 20 climb upward Tn. gains
however, In most cases were frac-
il"nai but such was tho cas-" with
ih" losses during IN" morning There
N'i" exceptions ." tho general rule
"> was TO bc expected. as there ar"
many iS'ncs which nr" considered
iir behind tho market aud which pav
Ii'tic attention to III. labor situation
toward tho close some irrngulari,y
again developed the result being
'hai net changes at The close were
about evenly divided among declines
and advances
i'nrm Machinery >t"rks Nisr.
Tine farm machinery stocks agai,
attracted much attention som" 81
them selling at new high prices for
londl ifrvoSto.. Advance Humlc.,
Emerson Brautinrham, preferred. and
j. j. Case Threshimg Machine Com
phuE. The latter - newcomer on
lh" exchange u having been listed
ON last Thursday. Since then II IS
mp about three points. \ pool which
IS understood 80 have taken over tho
holdings If Iaroli T. McCurInlck
rrior I" his sailing FOR Europe Is
understood to ho Interested Ia cur
rent operations ia the stock market.
Motion picture stocks arr also at
ractiur attention as evidenced by
-. recent ris" in Famous Players
These companies are on the eve o..
ihcir seasonal period OF prosperity.
"s most motion picture houses which
'Ioso FOR the summer months reopen
the latter part Of August.
American I.Inseed, after long pc
rod OF dizziness. hecamr more active
and gained ground. Some talk Is
heard of resumption uf preferred divi-
dcnds. but this may bc n long way
IN TN" rise probably Is bhs"d upon
talk around the street that the com
pany IL carrying inse"d az so cents
gallon. against q market price OF
;: cents
Conf stocks Strong.
The coal stocks especially Burns
Brothers and Pittsburgh coal. de
Ncionei strength today. accompanied
by increased activity. The rise wss
basoi upon the circulation OF re
mort current In coal trad. circles
that tho larger municipalities Of the
country VIII Suspend their soft coal
ordinances and permit the burning o!
this product within tho city limits
by hotels. apartment houses, office
buildings and manufacturing flants
ueHdiuE tho return OF normal nroduc-
ton in the anthracite fields. This is
expected 10 bring new business TO
spf, COAT producers.
III. United States Rubber Com
pany issued it's statement OF earn
iugs covering tho first six months o,
the current year This shows net
operating income OF s3,032elS after
all charges including interest and
taxes.
Prolongation Of the coal strik" is
causing further hardening Of the
price OF fuel oil hoth on the Al
Iantic and In the Middlewest. Mex'-
can fuel oil has advanced 90 cents
barrel here since the salt water in
n,itr "a that field