Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-03-28
Street HAS ANOTHER
BIG SATURDAY MARKET
Prices Strong at Opening, and New
High Records Are Made in
First Hour.
BETHLEHEM STEEL SOARING
publication Of Earnings, Showing 80
Fer Cent on Common, Sends Stock
Skyward - Schwab's Statement
Costs Friends Heavily.
nv nROnnaI IvAI.I

NEW YORK. March J.-Wall street had
~ tho opening prices were generally strong
With many new high records during the
with publication of the Bethlehem Steel
report confirming the prediction that earn.
on tho common. Wild attempt was made
cu 1n2rss to soy yeo rssa,nE In
move Ind an unsettiing effect on the rest
carrie, ear quotations back nearly pon; In
the active issues during the last hour. Tho
President Schwab's statemen,. when the
STOCK was selling At 49, that no dividend
common; has cos, his friends and floor
t traders heavy losses. President Whitridge.
mails of probable DIVIDENDS. did not pre-
vent his stock stock from rising some = p9in,s.
statement:
10 per cent or increasing 1t In any de-
OF stock Dividend
The common Gharcs of this company
Gently advanced some 10 points upon buy
ing by those who should DC In position 10
Eno" the present earnings and future posi-
niii,tea g, OF the business. Wall Stree, listens
sion and buys stock
Motor issues. ar anticipated. again came to
the front. General Motors gaining points.
Studebaker was strong at 1873. and a further
Maxwell Motors Mere active, with gains Of
bout a point each.
made rood showing. There auie, buy
ing In Utah on reports OF present hetvy
Gussenheim Exploration. fuvori,e In some
quarters. rose to tox.
Reading Was the leader of the coalers.
touching 1874. Ontario gained a poin. The
buying In this Issue indicates accumulation
In tho international issue. Southern Pa
che wa. strong. white Union, Pacinc was
Sel!ES. MlttOUEl. Kansas anu JeaaS shares
seed further gains. There is repor,
tx. active intercs, In the property.
brooklyn Rapid Transi, led the fractions.
Investment fhird AZ Avenue held i,s recen.
.dxsnee in,erb9roush Metropolitan Issues
around u. Is expected TO have ii speculative
Mexican Petroleum rose point. although
tho movement in tho stock was handicapped
by efforts OF moor trader TO bring about
an advance all by himself
The tone OF the bond market was very
good.
Banking int.r..t.. which UP to week
have made right about face. and are
.hpect.d movcmsn,s on the STOCK EseHanse'
This, OF courhe. has been made possible by
The Increase OF public buying,
NEW YORK. March T.-ono OF tho So
sailed war specia!t!cs." bethlehem Steel.
aud bront market. Tho companys annual
statement, showing earnings in excess OF .!
the stock TO rise by leaps aud bounds from
Its previous record price, closing with net
gain o! "a points. Dealings in bethlehem
steel Appropriated 3hU!! shares. making II
the recond most active OF the session.
General Motors also made another spec
tRcuiar advance to the nos high price OF
!" gain OF points. bu, yie.ued part OF
its gain in later dealings. United Stateh steel
SOLD UP TO t.b.; ITS hes, quotation since the
suspension OF dividends.
Anthracite shares. New Haven, Canadian
PLCIrc and Great Northern led the better
known railroad issues with revival ac-
"a ma rlnn .f.,IiI
STOCKS ana Western Maryland. Inactive
hpeCiattits like american sugar and Beet
sugar. Inquired IN the rise. Front taking III
the later dealings caused genera! receshions.
The bank statement disclosed actual
cash gain OF almost $lbv1trc). and reserve
increase OF slightly moro than 100000.
Bonds were arm. New York Central IS
being the only exception. United States
bonus wete unchanged call, during the
week.
NEW YORK. March 2;.-Mcrcantile per,
~ Sterling exchange. steaiy: sixty.day
bills fti0e; tor cables. SLSysI: for demand,
ES,. bar silver. i,,s. Mexican collars. -.
Government bonds. steady. railroad bonds.
frrr