Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-04-23
WALL STREET AFFLICTED
WITH REAL PEACE SCARE
thousands OF Traders Become Com
WINGED That There VIII &c No
Break With Germany.
THEREFORE,, NO WAR ROOM
stocks Break Badly and Closing
Prices Arc at Lowest of Day.
Banking Interests Had Waited for
Drop and Pick Up Many bargains.
BI B,,oAD.> v>,,

INV al times was violently active.
ma prices w"r" in nearly all cases
,"c lowest % tn" day Losses ranged
from about puin, in tho railroad iy
"ucs 10 AS high as three rour am, ~.
points IN tho iuduS;rinlS and IN so,nc
Eases much greater. rh,. volume ar
't"hinS III tho tw" hours Wa. ahoyc
""".""" shares.
''"'i shares led ia activity They
were closet, followed hv S,udchal|c,
Mercantile Marine. Mexican I.o,,nIc,,n,
an" by Who'll" procession Of nuni,ion
STOCKS Even wheat broke
TWO facts stood out "onspi,,.ouslv
w inc market The FIRST Was that lin
niuat'on WAS genera! I'm tn. commission
houses. not only "u the par, Of tn"
professionals. but on The part of In.
ru"lic that has been h"iding on to xar
stocks until handsome profits have
d"indlch away aud Losses have bcglu
I" app"Hr TIL" second fact was that
buying OF tho hest character was seen
IA the biz houses where the bankin.
traternity had liauidnicd four or i've
months ago AMI whcTc great dcDosits
h"d been "atchhilly waiting FOR tho
very thing that happened to-day. While
INC break was largely Of technical
character. II was caused as much bv
what might he called - peace scare as
by q war scare.
Thousands Of traders came 10 tho
conclusion to-day that ,crnanv wouid
do something to prevent a break Win
NmcTicn. aud. Therefore. ,ihc war boom
anr"ir.,'"d would mol develop Thcy
inquired that Germany w"Ul, meyer dare
Ic, fan inn, In. hnnd. az 10 ,rr.,;c,,,
government 70" the possible use OF
Tho ai,ic. tho ,1,o ooo ooc ,o,.b -,
urusHtlnutir liners now in American
r"it- p'h"rs r"aily believed war 10
inc NO." ct hand. and tn", sold for
sentimental lcnsou%. cvcu ,h"vgh he
hrNiu= ""r ""iIld actually .rus" a
Loom so Stocks The Nix bankers real
!! hclloN" IT would cause e boom
Others were ,nmn.llnI 10 col, Lc,.,,,.o
- hrntcrs' calls 10, r,.,,.i,,t -,
ucw rat,ucrsnips have b.,r rnr,,.I
" rcsul. or fortunes made ~, var
St""k>. and these ncw hroltc..-c rousc,
IN "r'!cl TO get huSincs. h;.yc hoo. ,.l,
ln- customers ava, nom Oh I,,,-c.
ny l"iiiu" tho'p huv "r soil on nr,,i
''''N u" in"FgtUs. Thr roSuI, has Roc,
" very lHrr" volume ~ yiorL ,..iI,.
hlS'"dG cd.
Nc;in;, az .,
-i,.E- ,r,yt,,,; 80 'h' ihuniiion
az :: pc.... 49,. va NOR"
would sunni, ,,'..'' S'"r" Nar
uni'r,tir,I ntj,, ''."''S with
rttrI (..r ..rt. "''' MAX" a
.l.nf- uua ar,l. NJ" rf'in anI
'.'N' "'u!N. too. That
r'C.tri demand! f.. ",' "' 4
fr:. w-..tilJ D., '' ''' SINUS.
.. - .''''itN ST" ~ inc
War WITH M'Htcu. Whore thou
S"hGN 81 trucks would H.. ,r..,I,,I -,
second wave of s.lIi,.. . Nv
,.,, ',,.-cI, - Mas 'h''t"h
I -. - q" ''P"l mat the Init
,' 80 I"N'fhh"n' had iu,.l:ir..d az
~" tni'g 81 states Stccl ,.orpo,.,io, ,,,
r'hC" large Cnrrr-rs 10, ,,,..-,
l.u.i,tt ,f go, -, 10 nc
M '"'' '"hl' Il" turned
~ Wv government on short no.
'HN.
49, f-,,,,,....i
a. . ' '''' -"' '''N' tn" street
.'' '' Cow nno'' Intended - force
iu' ".. manufacturers !, -, "a, .s,I, ,,,.,,.
for 30 iN.,. ..,u,.ru. .,b ,,. ;,
o,.t. ... ., ,..,. w." ~" an
'''ih'h' OUTPUT This
''' h"-i- ci worry hy those who
spI' lee aUSc ~ the war scare l., ,hci,.
minds 'T'li,l t,reni .,,.b E. 49,;
u.a, 49,. r,,, '".'t N""'"
- '"' '''-N l"' IA" Ste.! CON-
F""''S