The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-04-29
Wave Of Selling After
Mexican Developments
Actual Intervention would Probably
Stimulate Some or the stocks
Affected
u4arris. Winthrop q Co to Fidelity

'fiarfis. winthrop a Co. 20 Fidelity
49, Investment Assoc
NEW YORK. April .s.-SOme rather
uhlaNorable rumblings from Washing
Ton on the Mexican situation this after
noon started small wave OF selling
which took the edge OF Of both rails
and industrials. Actual intervention Ia
~, 1900 you'd after the nrst shock 10
,hs market probably result in stimu-
ating AZ least some OF the stocks d.
reetly affected and perhaps help the
entire list provided We are able 10 es-
cape a break with Germany.
We still feel, however. that there viii
be be opportunities to buy. stocks. cheaper
families overhang the market.
Authorities in money market Affairs
are privately quoted as saying that
there are no Indications OF any Import
amt ant sirens thening Of money rates be-
United States gets into a war with
Germany. when government demands
Tor funds would probably advance rates.
Financial News Bulletin says:-The
responsiveness OF Southern Railway
stocks 20 buying demands is reported In
specIaust quarters 20 be du eto the fact
mat accumulation has been going on in
ms group Tor some time owing 10 as
are estimated to show 4 per cent Tor
the common stock
some OF the most eoneorva,ivs s,ocs
eNchange members are reported enthus-
iastically bullish on y. Y Central and
are very confident in their predictions
increase of dividend TO 8 per cent Will
be declared. Financial experts figure
S nan s a, sseu, earning power Sf the road
tmatcd current earnings are almost
twice as great.
Dow Jones Say: steel producers look
Tor Increase OF more than 100000 tons
~ April unnlled tonnage statement OF
I. :. Steel Corporations: orders con-
unue To come in at rate of more than
10000 tons a day.
Chevrolet Motor Is closing the month
with its schedule OF 5000 cars attained
and Is gradually speeding up to its D.
situation is well I'm hand ana The dSiiS,
output OF 500 cars FOR next month il
expected TO be reached a. have all pre-
vious schedules OF Company. At scho-
dule rate OF production which culmin-
at.s in an output OF II. 500 for August,
company Will turn out approximately
$1,000 cars In 1916 compared with under
10000 Chevrolet cars produced in cal
cnder year 1915.
G. and o.. March gross increase 81
e21.iOs. net Increase S353.T69. surplus
after charges increase S35o.54l. Nine
increase ss75a5 GSe s 1,TgiS,ofo' net ne!
charges increase S35O.54l. Nine months
gross Increase s7.066.43O: net increase
crease S3.4lo.s62.
y \. Ohiaria and Western: March
gross increase S9.561. net after. tax de.
crease Si5.469; deficit after charges de.
crease Sfl,O10. Nine months gross in.
crease S44.525; net after tax increase
sSs4.Ssg. surplus after charges increase
S3l5.40l.
Norfolk and Western: March gross
increase Si.62S.35S: net increase S1.0SO..
50: surplus after charges increase Sl1..
, 45s.s6t: net increase S1.9SS11G. surplus
after charges increase Sl.76s.22i
Southern Pipe Line Co. declared regu.
lar quarterly dividend OF Sc. PAYABLE
June to stock record May 10
Chicago Great Western. ard week
April increase l4OS6: from July I in.
crease SELL March gross fncrea q
S2ss,9A61; net after>tax Increase SII4.
921, surplus increase s145.Tf4 Kin.
months gross Increase sSIU.5ST. net az.
ter tax Increase s59lg9l. surpius in.
crease s55e.32l
Financial News Bulletin Saws. West.
ern Mary land common stock is beins