The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-03-23
SLAUGHTER CONTINUES;
WALL STREET. HAPPY
Nothing In the World Matters 30 Long
as Stocks Sell al Good
Prices.
SCANDAL IN BIG CONCERNS
stock Market Manipulated OH Reports
on High Authority" of Great Ne"
Orders Signed Up--TaTtnc Recciv'
crshgp VIII He Upset
Nv RRoADAN WALL.

New Y oTk. NaTCa %--- P'llNte' -
nials by the State Department ma
relief thai the German government.
was planriug to sue for peace hraced
on vhst rad become u very lrresuiaF
stock market today
In tho early trading munitions
s+oclts were SOLD freely because 81 n
reace runner. and Wall street vas
Convinced that the D,hole world was
going - distraction hreaAse 'he wa
would soon he ended.
The State Department Gi>Hat.i 'e-
assured every body. ard Wall street
wes yer happy sll afternoon, know
$rg that The slaughter would con-
ssaue-
Mexican ~u:g7orz created some dis
-urhance In the morning. especially
r,fe that some refugee had hecn tai>eH
aboard vessel from Fuxpana, on tbe
cur coast Thiv gave the impression
mat the OIL country was in possession
~ a Villa chieltaIu and Mexican Fe~
srole1irn was sold ny many timid per
SONS II developed that the big break
sn MEXICAN Petroleum on Monday At
Sernoon WA due TO a runor or this
klne reaching few traders. No con-
FIRM alton or denial Of tho rumcf was
obtained except tn tho shape or
statement ny the Mexican Petroleum.
4On paNN 10 t4AF SAlElt tit6N 't'F- 4'''-'''s
had been reached from the property
during the day and nothing unusua'
was MENTIONED.
Repcrts that villa had evaded the
pursuing forces and was going further
srd further Into Mexico helped Amer
4can snclters and stocks interested IN
that SECTION OF the country because
the further Villa is driven from the
American border. the more certain
these companies are that their prop
critics will ne safe.
Westinghouse directors declared the
regular dividend.
Scandal Is Brewing.
American Locomotive Is in n scan
Ca which promises to burt some repu~
+ations when the truth is known. one
Of the directors IN particular IS quoted
about Wall Street in regard to big
new war orders being received. News
papers are assured on high authority
shat these orders actually had been
signed. In fact. some high authori-
ties" have gone go far = & so say thnt
ehese orders equal IN volume the $50
600, 900 order received several months
ago This morning announcement was
made Of another hiE order, II was
officially denied. lust az the other re-
vsorts have been denied, hut In the
m ea utinle rooi operations IN the stock
TOT be Justified or any other theory
than that there really are big orders
Accompanying the rise in Mercan
lille Marine preferred was statement
~ 7 w. PtHtten. chairman OF the
common stockholders Mr. Platten
makes the statements that the con-
mon Stockholders will not submit 70
suy foreclosure proceedings that VII
wire cut their equity I'M the property
WIN he Promptly SulliGcd.
Tsserers Who have studied the MGR
rartiIe Marine situation don't heSi-
@ate TO express the opinion that the
reeeivershjp proceedings will last on(y
7cnr enough 70 get before court
wien they viii 10 nullifed
~ Fortunate ones are taking theil
-r-u-1-x -.=,f1>>- f2----~ sugar stock es'
tHeir offerings are being well ali
scrhed hecaueo % tho remarkable
s~~enxth ~ sugar. the comm oditr
Raw sugar rs nov unobtairable urdel
sSqr futs- paid The statement :;
y7ade n experts that &c pound Is the
extreme high price possible for the
production Of Cuban sugar Ns thf
cube cro7 is estimated AZ more thar
Sooh. 600 toms for this year. the pro-
fits going 10 somebody are going r.
be liberal Cuba Care Sugar has q
sarge percentage OF tbe business, prd
bankers identified with the recent ur
derv,r.ting % the stock are Of th'
opinion that as soon as the rrosen'
campaign ~ proft-taking Is ended
the shares viii he p APPENDED invest
s97en+
r Announcement was made that tht
United States Steel Corporation ha'
m Reu contracts for more than 100000
tons of plates and shapes for ship
building This material will weld tbs
Steel Corporation from 50 50 to - ~
pound.