Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-03-28
REPORT OF ALLIES LOAN
CAUSES HEAVY BUYING
Wall Street Has Another War With
Germany That Lasts Half
Session.
BIG TAN ON BEARS FOR COST
Munition Stocks in Good Demand
Throughout. and Automobile ana
Oil Issues We'll Bought on Decline,
but Hard to Buy on Advance.
ny BRo,pIN WALL

,cn. lr hirh banking quarters iocc to-day
that :, large loan from The aiics hAi seen
RAILROAD stocks TO bc used ~ collateral.
nus report Nas denied but i, was rcSpon-
sihl" tor heavy ugyInr % stocks IN n"
Inv rcuo,cry started Win aggressive erA-
lpr of Union Pacific by one h"us. iha' ha'
ever Sine ,ec Var began.
Wall stree hat 2nc.her VIZ Mn "S
,s SiS Tc re- '' Win germany MAS tHcn
declared and var was declared ON M"Eiyo.
TIC b,.rs we're taxed heavily Tor the
cos; Of po;h OF these wars
In inc morning reports were Numerous Of
,he sinr,ns. II ships by German t',i "nd ~,
AL thoughts OF pceys ~ Europe wsr" aphn-
aoned, AND the professionals teit tnat IT We
I isf r,0pr na I mn Sticks 20 90 ne "S''s
The market declined from ] To points
and in some eases points from SATURDAY :
scfore the bears ma! an oprorwn,'y 70
cove. denia!S wore published oi N" dcaiE
OF mamy American citizens on ,orrenee!
snir, ana d report came from McNi,Y that
BODY took ,imc d. on.i-m thus report, aud
came the report o; ,he hre new loan
Mun,;ion 80 +. wsrs in soot tem IN,
r!;:or- not tc be needle! ~ Eurppe,
they would certainly =" neeue! in Ne >!c"
on the decline ami werc hard 20 buy or ;he
a@' ancc oecaus" OF The mani 'rticfs ina;
the street believes VIII &c nccGeN IN M"H-
800 anu because the use 81 TRUCKS IL
wa- service means NOR" sNlravaGAnt use
Much OF the business IN oil stocks 10 lay
consisted o! hedging operations uy owners
ug.imsl th-ir own consumption OF gasoline
Tnc ust Nas StrGiini.cI :uy Issues that
have not discounted tine idvnnc. OF gasoline.
one o; tne most important Stock E&ch. ns-
.,nslo- American OF tor It's customer, be,
cause II can b. purchased Of an invest
mcEt basis nj = per cs'!, against - pc"
OF the other ISSUES
Prospects ot an advance In TINS issue
many 10y reason Of me closing .; IN.
,siician and Asiaiic oil h:cs L" the Eng
l.sh market Is furnishing the bulk .; crsu-
line aud petroleum pTCuucts 70: the tUlteG
Kingdom.
y S,.ch ENynlrg. house o; high standing
Roc kcicIlyr personals was buying stocks
freely throughout the morning. i!- "rtcr,
were seen ia Iiu,o.u ana Western Mart
land. H. t. Supposed 90 ,oUtroi noth of
me-" companies Huu fa,N aIe .usn ia
condition 70 m"t' ,oosaernpy Nose money
Western Mars laua n.- n-,u d. t.i.ars from
q r"ir"Ad p"ii OF '.eN. n. ,.e"; .p"~d'-
'-'s> n"'" been MAJ ,a N.s r.opes.s un,
- reported TO nANs nle.a .."g" tr-u s.rr..
Yin. Load ami s."e i."g 'omrary
statement TO lna Stockholders i"-uH,. ,aiI
80 4 -
value "i Slto " share "nn cumulative dlyi-
itn1s ~ the rate at g. snare per tnr.!u.
|he r=w stock Is to bc fed.e,naniv 81 par
a. any tmc ~ the option Of IN. company
Ono share OF the stock - 10 I.
issLcd az Il dividend tor each share %! the
present outstanding stock. Since tho be.
sir ming Of 1915 tho company has converted t.,
not surplus o. So Sos 7oG. ana prn,',s ar, ar.
during ;his period. Net profits for mo year
1911 we're equal 70 s25.,l per share.
~, tNys nf 1lNas HrfI,
r"NN stock received their prcnts ur .hnu,
:" rcr cent TO-DAY. Tho stock had an a.
american Bee, Sugar Was a'so strong ,o.-
owing reports tina; director. wou'd prob
ably ru' II on per cent basis ,nt~ .eh
E'" sugar "as not oacre.. under +. %.
u cuba.
SEW YORK March .;-Fsa.> of mother
graz" international ,rls!. resulting from i'Ic
'"'!r" renewal OF >.hlraglr. v,.int- !!.
""norrtiue reports from Mcsi,o. aud lilo
possibility Of ndnou-w il' railroad .rr,l-.
constituted tho ,hi"' disadvantages. un!c~
which to-day sluggish .uG p,oi"ss iu,,ui
!na'k't iah"r"H Imp"r,nu' -,o,s. Yielded
'" p"iuiF iu he forenoon ana som.
"nc"ialtie> sum.rcG greater o.,o- E.r!r
"ntr'mts suggested further upgrda'iuu -
i's,:ai'> IN W.T. snare ana ";,.ittei Issues.
'"riuc III" market strengthened .u t.r
an'i hour Hhon rail, anu other stiia.ara
Sl"vh- 'ms' ppf.rnh.y on utotcrt'" $50
Int"d Western Mnr,0,rg preferred .u.!.
ga "'tT''"' "'' aur" "i 10 t. There ,,,f.
>.a ,y'"f 'r,'S anH ,nl" '."' gains aaonv
y ',' wore nHht} iu the mpraiu..
N"N'It ior"loun,s United state. ln,...
molL'r audi ..e''' n"'pe. 10 sustln ill.,
nartr' 50 -. ir'ra"iNr close uI,evi-,.
nnth a'"..@ ,''-ct ana M'r,.nt.o p,.
lerclro oN,h,nse unchanged Rao,a 500.
rls"tiE ioN"' Total s''l"' paE taiu, S.;
'm''H state. bond. un~rnngo4 on
qN,iL" yn&K Mar,n = N-r..n,," r.n~r