Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-04-05
PROFESSIONAL TRADERS
!. FAIL TO FIND BUSINESS
They Can't Sell Stocks to Each
Other. and Public Is Not
Present.
SHARP DECLINES RECORDED
War Issues Hard Hit. and There Arc
Severe Losses in SuSarS-Railroad
Stocks Continue lieaNy-MotorS
and Coppcrs Steady.
by RRo,DA> WALL.


new YORK .rru Professional traders
:onrd IL ,Iutpu, io sell stocks -. on" an
other tp-aar and as F, result, there ne!nr
no punI, present, some ~parp declines we're
recorded in vlr issues ST losses ranged
IN the nctrhuurhoo, "f . per cent :or the
active -io.k> of THIS kind but the actual
dcc'iu" ;ro'i hish Go o" was more nocauS"
adyauoirg morko,. Losses w"rc n.ns; -
Rat'ro.,a s,ocb~ ,ou;.ut..d nca,y. nn, ltJ
not uuucurr trading hscsusc me cause
@: iheir hsa,,ness d =" Nell umHHf,.'H'
copper hold their oru.
Mere""iic Marine oomW ajNong"d
Of hc.,, roai operi,,ions ,inounc.msnt
was made mat The british eN.esS earnings
ta> VculI i've raised ;yom 90 per ,ou, 20 -
- cont, rhis is VIVA, h,t the p'efcrted.
The common advanced because SO new
sehomH of reorganization IT Sc proposed :"
Issue new stock TO every body ano IN ;hat
way pay OF the accumulated dividend on
the preferred. bringing the common Within
hailinE distance OF a dividend
sugar stocks were weak today because
thr influence az The publicity work don"
ST. behalf az Cutm Cane Sugar is beginning
one con,niodliy In the world % which there
was a Srea, excess H. cutting on The
German supply this surplus has been mar
foted. amd iho outlook is good for ;ho "ar
period. Peace however viii Mt the sugar
companies severely, aud especially 80 'e
caus. The scientific management tor cuban
plantations VII! increase ihe output.
top Of which It is now compelled 20 pay
fancy prices Tor The gtv SUGAR &; uses for
us husncss ]; had acquired great plantu-
mons In Cuba in anticipation OF free sugar
hut has been foilrd hy The action recently
taken in behalf of Lect sugar.
On high authorty 1t can he stated that
French loan viii be announced IN Wall
street in the near future. Ia connection
with this. 1t can also la said that a Brit
Ism loan Is not contemplated ~ THIS time
because J. T. Morgan y Co age iIquda,ing
American rs II n
~ ,he British governments There is no
well under the circumstances
Bankers who ar" handling this business
gay ;hey haze n" information leading Them
s!Eht. They can oily Icy they hopc thu,
~ autumn mo nloodshe! Mi. have been
sufficient 10 satiSf' everybody
II is understood that Rock Island bond
holders VII" received their interest ;nis
per cent Interest ar. mtking serious pro-
test aGAins; mat kind ot financing. owing
10 the boom IA progress. Rock Island Is .,hlc
but because of IL; has nothing lrft over
Tor needed IMPROVEMENTS Therefore. II this
sch"ms IL continued "a" end ~ the wa-
and the end oi the b"pm viii fnd Rock
Island in NOR" condition thar 1T VAS when
Il entered tn boom
on" OF tn. amos; important commission
houses ~ 'hH street was i free buyer OF
steel common In IN, Hrs; hour this morn
ng H"'au>" 81 information that the d!rec-
tors would declare aU extra dividend OF
rsr cent ~ Tho n.Nt meeting. u was
continued during huom times and un,il IL
haa amounted &" enough 10 make UP The
equalization. After that has been accom-
rr; nI,hSl, So tN" rspot, goes, mis- extra
earnings added to IN" so 900 90 TO he
t"' aside 10 maintain dividends during bad
GOOD news for automobile owners is being
received from Oklahoma, whore new drill
'n" 900 he cushing neli IS increasing ,hc
.'" "; oil hish IN gasoIin" luu,tty
N'N YORK, April i-opcra,ions Of pools
Az i4"%e were regarded a. solely
in'h-'hl" Tor such changes occurred In
'"-arE professional market. Prices wore
E".IS nlEh't IN n" nc;iv' forenoon but
:" ~" .ai'T session Trading lacked The
!A,s"i.'. or prope!iins force OF public or
'u'siH" interest.
III more extreme gains Of The coming
20 g'nnncI 20 halt-dozcn mixed issues
among 'h"n, Mercantile Marine comraon
nm pTN!crre!. TN" former advancing almost
" points on the largest outpG, ~ many
%'yhS' T'Nh' COMPANY, which vos" s and
IrWr' I"a issues. both OF the lnt,"r' break
iar into new ground. the common rising
g.. TO -. and the preferred ~ to lla
Ih.:e We're t"'nporary gains Of % >
score az industr!n!s ANA equipments and
some 81 the fertilizers and tohncco-, while
TUCSON, improved hy r"in, or mor.
sugar shares we've consistently weak
Gannn AMERICAN losing % !" - ana Sou,h
TIE list In genera vas hoavi"s, I'm Tho
irS' m" 'T,, "ne" rum%Es rnrrofung TO CIV"
i,",tFh",!ona' s.ias;!og provoked declines Of
~! :" '9 ls' ma'H..rs Gt.af the principal
I'VE an" inN'd states. Industrial Alcohol
were NOR" ,uscert!hl" 70 pressure and con,
iribuicd more than ans other issues 10 IN.
above lowest levels '"''"'N
honds were irr~sulet With moderate re-
70 - Total sales per yalu" $3.50 o.
,.ni'ca STATE. bonds we've unchanged on