Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-03-17
6rTIAR DIVIDENDS
0NHARD COAL SHARES
...,.l Disbursement on Read
e and Lehigh Valley I'm
nroyed Sentiment.

vopK March 1.-THE stock
NN s.n,ed waiting attitude at the
'iike. .sIs morning on the Reading and
frnt vaiiov dividends. There was an
phen ~ demand and no one appeared
spes 20 do anything until these un-
we're disposed Of Price
ot the opening were irregular.
hinses ,o marked weakness in any
nBe rs,asrs also showed an inclinH-
Ene Ia off on political developments,
ffp hO'v ,bn nrotest of the United
oans,o,nst the embargo on commerce
sllfs sb,y and the possibility of
Mo vs, vIt.orce into the war IN many
HiN ~ nos argued that should Italy
r,Isals. conflict IL would probably mean
i'p IN termination Of the war.
" ifesus .sr,ent OF the regular dividends
uTobigh Valley and the Reading
Y, much better feeling throughout
s,.s.t but trading did not broaden
Ai,houeh this action had very
Ma effect on the market as a whole
..ie shares to be materially anectea
y ts..o pny NJ the two companies. At one
~, M 1ehigh Valley was up "a "nle
,,ss which became strong In the
N.o'lbn bnsrnoon, touched li4 for an ad-
HM Nh before the dividend was an
No. On the covering Of shorts In
ns.sosctatlon Of the regular dividend.
Wy -.rsst weakened off fliust before the
w "a many issues sank below the
81 u''sS M ~ yesterday. Although Reading and
ls,,s valley lost part of their advance,
,e.s remained strong to the ond'
lssc..s,.bsm lsc steel and Mexican Pctro-
rsre the strong spots of the mar
W The former also being the most
'.,v. gaining point before noon.
r,.re was no news to account Tor the
'...s,b in Bethlehem, but the stock was
.sorably affected by the reports that
n,,ritlon orders from the belligerent GOV
.sumsnts have not been canceled. l'""l
,.a,rg ~rs,' was the only reason advanced for
y. strcngth i'm Mexican Petroleum, that
Il .s,et being up 2la points before noon.
cannar shares were not affected by the
+ M of a decrease in the visible supply
4 n eanper in England, France and atloat
y Hose countries. The visible supply
+ s,.,sased 1913 tons from March to
+, ,s,reb Is, being 23,220 tons on the latter
4 i.,s The fortnightly stocks decreased
+ ~ inns and copper in sight fell 1913 tons.
,-nrbsr prices were higher again in Lon
tcn today.
sntlment. on the whole, is decidedly
narrowed for several reasons. the most
luoortant probably being the large eN-
,ofs OF the country, the foreign trade
nance now standing in our favor at
n highest point in history, and this IN
4 rls Of the blockade declared by Great
+ Brialn against Germany. Thus the in
irrational credit situation is strong, and
/ lee Is good belief that our position will
Nome even stronger.
helpful feature was the report today
/ A,f a credit of $4,000, 900 had been es-
sblshed by the French Government in
. Nsw York This report could not be con-
/ fined, but in many quarters of the street
4 was held that the establishment of Il
hrgs credit by France would not be un-
expected
The belief Is expressed that with the
isli OF Constantinople money rates will
swing upward especially in the interna-
tonal market. with the fall Of the Capi-
al Of Turkey the large Russian wheat
supply would be released, and thus the
ctdt OF the Car would be materially
nVoyed.