Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-03-12
STREET ABANDONs HOPE
OF CLEANUP IN MEXICO
Spectators in Stocks Again Turn
Their Attention to Battle
Raging at Vcriun.
DAYS MARKET is VERY DULL
Lead Advances to New High Figure
and Professionals Pick Up Hold
ings In This MISUNDERSTANDING
Pool I'm Steel Common Formed.
ny HRO>DAN WALL.

NEW YORK. March li.--Wall stree, aban-
"onch hone today Of a cleanup In Mexico
and turned IT. attention again to vcrdun. II
80, molncnta-y thrill out of tho re-
ported sinking % "a Norwegian vessel ny a
German .uhinarInc. hu, as the Americana
or board appeared ahic to swi,n. tho Thrill
was brief. The mo-E.t did nothing. The
close was dull
Lead. the metal advanced 20 nc pound
TO-DAY. which IL The highest price on rec
ord. \ nsr high record price for any
th'nr no" m"ars something in view Of -"
rs'ent months. This price for lead naturally
"snseh professional 10 pick UP stocks o.!
Toe and NJ the liecia COMPANY. Tine iiecia
COMPANY Is selling AT i,tie over $ a
Tho Official report OF III. American Rail
~. Association nlaces The nc, sho5'aEs Of
and Canada 81, no.65i. compared with sur
plus Of zltsi on February !.
met {. had ordered on box cars from, The
american Car Foundry Company. Erie has
received nerrnisaion 10 issue .2soo'.c'o Of
"o,ed TO purcns 80 Of cars
Ono OF tho old-fa-htoned pools iu steel
nirpo:e &, to hold the stock steady. Tor
III. m h., hs .n.n 1ee and snn1o
nriatc5 FOR expenditure IN" equivalent o.:
1lns rharc On the common stock gu. Of
earnings .irce organization. Ito Drcs.nt
EARNINGS are a. the rat. OF 500 Soo.ooo a
Scsr or shove per cent on the com
nric. of the stock should b. brought into
line 7ith the earning capacity and par:'c,i-
ahead.
Buying OF CrucIhl. steel today va. based
On ths tepor'' said TO hav- come from an
officer OF tho company. tina; orders on
hand not o1y from foreign rovcrnincnts bu.
; fr,,n III. Cn.,,d state. soytrnrnsn, These
of ihe Mexican developments.
Tor about two weeks strenuous efforts hav.
been made b. large co,n;ni-sion house
.;h Boston connections 20 !aduc. neop!.
:" bay American Loo omot!v- s;och II does
no, appear ;hat ,h!. particular nous. ha,
mace positive starcni.r,- abou, new orders
Ia presp'r.. but such statements have b--n
mad. freely. In ono cas-: q director was
given a. authority cor tho positive an
nenncemen, that new order h.G actuailg
es.sa,io s|. tsi ,T0m ths il~, ca,t;n H.
'-n' the Original one on which IN. CON
p>nN - working
..'d Eeror'. Of further 'ubn4,!n- a,:!y,-
- j" '9e European w.r zone cioGded to.
s.'he- aloof Price, w-,c maini. h,rh.-
q, IN, enenins but gains re'c largely IN
'n.ri" ,ii.s ana denoted manipulation rather
CFueih'e s,-el .ed TIA. rs, On It's brief
"d"tnc- oYi fell bnct when the ,narKet re-
''dtd InGc- s.ii!Hg -! I-udiur New Yor,;
'""'rh' an! southern Pacific. Metal share.
.'. tempor"r'ly h''e9 20 hishr. Levels hu,
7he LIST half of 70. session ,.ss extremely
oaihr,!c 8.;h ;u.,erial r.ooyerie. :ro,n
".sni!num :ricc. OF the nrs; hour Uni,eI
Ni.i.S industrial A!cohol gained { points.
'.t l"st NOR. than htl! OF THIS ia:.r
~" patiiA! h:tter1Icnt toward ;he clos.
'"s "tcr!orI TO an authoritative Geniai br.
"a international banking house or re en-,
iH'np-s mat another lars. international
,f".ii ras Certs 1lpIa;cd.
it !G.". ih' reviews .: The :n~rcart.l-
"r"nci". o! the same hopeful tenor az thos.
%, st'ent "ttrs showing sustained acti>ity.
~ nlmcrou. !.E"' or Industry aud unaba,e.
local bans losr- showed an aetna. i.
re So .: '!s;'a 90. with an increase Of
t''.' fi""'SH IL demand ard time ,e-
HoN.t- ana Light d"rrcas. o. :.,nry.,
n'''d, SO steady on very nsnt oncr-
~ .oINI sales. ~: yaiu. were s. Ia 1,c
tn!icE states bonds W"r. .n,n.n:-c n,
'..i curing the w-eh
I:w YORK. March n-M.r,au,.. ,.,.r
49,. >t:Eng. -lNiy-ds" bins a5I,.: de.
n'nho 'H'' ..l'; cables st7s i5-Is. R1r sill.
N''' 90. Mexican dollars. ~. C;oy..n.
'N'n' Don4s steady: railroad bonds. STEADY