Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-03-30
FEAR IS PARAMOUNT
MARKET INFLUENCE
Reports OF Earnings Are Brilliant
hut Stock List Almost
Stands Still.
STREET is FoREsEEING WAR
Ii Hears That Break With Germany
Is Impending-BcSt Opinion i'll
banking Circles Is That open
breach Would he Bull Argument.
q, BROADAN WALL.

ny BKOADAN WALL"
&Ew YORK March ca-Fear had more
influence on the stock market TO-DAY Than
earnings Railroad reports we're BRILLIANT,
and tho automobile companies let IT he
known tina, they arc ring nr surplus funds
at a rapid rate, but, in spite OF that III"
rn.rke, was heavy. The railroads were
har1ly alive.
vsly reports came from WASHINGTON 81
an impending break with Germany Best
opinion Ia barking circles is tina, after tn"
nrst shock, an open breach "th Germany
viii ue a hull arSu'neu; because 1t ""n'H
rrd an Of ne uncertainty and 'nANe "''u"
A. ~ tho mm,on"hiie companies are shar-
ing IN the boom Of tina; industry; IN" earn
rigs jus; reported 10y General Motors CIV"
an idea ~ what profits are heihs n'",.
General Motors from August ! 10 March
= :epcrs s:oss r"csir's OF $50" %aTioa o " ,re
previous year There is no Longer any.
doubt that iii" compsnv will show ~ earn
on us si,,"1Nn ~ OF common stock iasiders
c>pec, earnings Of folk 20" per cent
Another illustration ~ the way business
&. hoom,inr is shown by the announcement
that or March 81 WHY'S overland received
orders for c943 automobiles, which marks a
new high daily record for ORDERS.
an, nv re .vto,nonii. chamber ., Com
,ncrcc a petroleum authority said tn-1rE
that there has been a material increase III
tho export of gasoline from america hs !.
American automobiles is not gasoline hut
vasoine and narhtha mixed Foreign or
zines burn heavier oils. man ar"
burned IN AmcricI. Tn c>ro''s Of OILS M,
car he Clrssed as oils Increased ~ N"r
January 20 da,c the exports 81 ti"' oil
ana Eas oil gasoline n"n2tn". nauhthh an"
iisti'ate have beer about u p'i '"mt ~
cNcess OF the exports for the same period
rho war is both directly ana indirectly
tho ,npor,ar, reason 81 tho high price NJ
n addition
ton caused both 10y thu War IN EUROPE Toy
lighting purposes and IN America because
case OF more automobiles. tho VA has
caused a shortage Of ships and al trans
rortation facilities Cor getting I" market
tho great Abundance of oil that docs exist
While there has been material t"i'in.
p-rcucos gasoline. there = vi 'nty "f ras"-
i,ne- producing crhd" av;.ilabl" Z 'h""e were
transportation facilities !" Get II 10 nni
International banking houses ana rar',cu.
larry the big National h"nks VIII ,mn"r,,
u great deaf JUS, nov hy inquiries fr"m
American investors VIII" wnu' :" rut ;h"'r
easily earned surplus into ,d"pr'e!a'r' '"r-
Under Leader ship of American l.noo'u"t.ve.
r.'.niuou stocks were steady hrain h"c.,u>n
~ the official program Of III" allies vni'h
calis for continued hrhtins.
hor"fui because the output in England and
France Is not sufficient to satisfy require
nc'';s This aiken in Connection Win
'crrd Mexico Tor a long campaign strength
en-. the position of the mnntion sticks
Mercantile Marine which IS in r"liitN /:
munitior issue. was steady. although tho
program az the allies calls Tor action against
N" high rates
'oral Nickel Company was reflected N
some good buying Of that stock
NEW YoI.K March 20 Special stock.
We're pushed In X and forth darling most
81 to.day's professional market. white IN"
trading element engaged in further ain l"ss
discussion rcrardinr European ana MEXICAN.
a,raint. especially late IN the day. ryhen
Reading. Union Pacific. southern Pacific ana
New York Contral declined l almost
points. Almost one third Of thr days tnrn .
over was contributed 10y su,h SpcCUlativc -
sues Crucibl- steel Mercantile Marine
some were higher hnl most were iuclirca
shade.
corpers were irr"gularly higher I'm tho
forenoon. Others metals were un,uiralIv
higher. bat Welded 20 modcrat" pressure.
lnit.d states steel again occupi-i q sub
"rdinai" post,i"u. II Mas offered IN la-c.
h'ocks down 10 s; towards the CLOSE a,,G
Bethlehem steel los, !. 10 III I'M, We
manned OF carly gains in trc auaI dealing,
Ihe bond market Was s'cndy on cnrtrl,,.G
dealings Total sales par value So ~ oon
United States h"nt> were uu,hanEcd on
call.
new yoEK Morch - Mercantile pepper
3n"'. Stcrlre siN,y-Gay hills Si72ts: DO
mand. a7eA>; cohl"s S77'Y Bar ,i,or
bonds, steady. Railroad Ho,iie ste. adv .rl.,.
loans. ca>i"r; sixty G.,>. a'.I.. ,t,rt, ...,.
.t.""' S'N months. &Hf'. can rrr.v So. .,..: