New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-03-24
MARKET NEWS
AND CONTINENT
Stocks of Concerns with
Interests in Mexico
Under Pressure.
UNCERTAIN TRADING
IN OTHER ISSUES
Prices Irregularly Lower at the
Finish-SOme FirmneSs III
the Railroads.

Possibilities Of peace and war
helped 70 hold the market in check yes
tcrday- peace in Europe and war IN
Mexico. Ever since il became known
that we were 20 send an expedition
into Mexico after villa there has been
recognized that this might bring the
whole country about our ears. How
much the news Of revolt from Car
ranza Of one Of his leaders may be
taken as indicating trouble along me
whole border was not clear yesterday
There are, however, many who nave ne
icvcd that the only remedy for the
disorder south Of the Rio Grande 10
forcible pacihcatlon and that q thor-
oUgh cleaning up Of the country would
IN the long run be cheaper N men and
money than 20 submit TO the continual
Cutrages Of the last few years.
In spite of denials it appears that
Germany is again trying out the TEN.
per of her enemies with suggestions OF
peace. The peoples of the warning ma
tions have 10 within their power TO say
when fighting must end. France mas
had to submit 20 great suffering, ana
has shown immense military power.
Russia, reinforced with munitions, is
pushing forward. according 20 ac-
counts received. The deaths of WON
en- and children from Zeppelin raids
have served 10 intensity the bitter
ness Of the English against Germany.
From what is known ON this side, the
Allies DO not seem likely 20 agree TO
immediate peace or any terms Germany
IS likely TO offer.
SO far as the security market IS
concerned, the setback after last week S
excited rise might naturally be eN-
Dectod 90 be followed with a lull IN
trading even were there no influences
from without TO serve as excuses Tor
uncertainty. Dealings yesterday made
q smaller total than on the day before
and were principally I'm few favored
stocks. Concerns that might suffer
some Temporary loss were we TO be
come engaged i'm general hostllitles in
Mexico weakened The war stocks were
uncertain, without any sign OF en-
thusiasm over probable orders Tor mu-
nitione from our government. The ac-
t'Ou In Congress faVorng a fedeIal
.rmor plate plant suggested the posi-
bilty that preparedness, ailer all
might not bring Che business to mum
ton concerns that had been looked for
Dealings were inclined 10 drag after
traders had made drive against the
Mexican issues I'm the forenoon. Around
the middle Of the afternoon railroads
improved a little but though February
statements are beginning to come 70
hand with excellent reports OF gross
revenue there was not much done IN
TRANSPORTATION issues. Selling for for
cign account. while not heavy, is a 1T
He more i'm evidence this week, and the
imponding demand of railway employees
must be reckoncd with.
Toward the end Of the session a few
issues were taken IN hand and advanced
i'm rather unconvlncing fashion. Changes
on the day were generally o. fractions
with more losses than gains among ls-
sues most prominent IN the trading.
The bond market was queter, with
prices steady. over the counter only
a fair business is reported, but an IN
crease Of purchasing is looked for IN
some quarters next month.
Tn the foreign exchange market
sterling and marks we're a little higher
while francs went 20 their lowest on
the present movement. loss OF not
quite 100000 francs in gold that was
shown bv the Bank Of France apparent
ly was due 90 the shipment across me
Channel reDorted from London last
week. Tn Paris London exchange rose
again nearly 90 its highest Of the week
before. so further relief measures may
he looked for.