Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-03-04
MARKET CLOSES BUOYANT,
WITH MATERIAL GAINS
Steel Takes the Lead, Stock Rising
Above iOS, Recovering En-
tire Dividend.
BANK cLEARINGs INCREASE
Mercantile Marine. Preferred Ad-
vances More Than Two Points.
Business Booming In All Sections.
Speculation Reduced to Minimum.
ny nKnAnAN WALL.

NEW YORK. March actual loans
showed an increase to-day OF sIn.s2S,Goo. and
net demand deposits. st.2,7.vco Reserves
were reduced sa,02j.C7o The average state
mont showed "a gam In loans OF so 0;7, 900
and In net demand deposits OF SN.7iIVov.
Reserves were reduced 5I.sis.so0.
This statements suggests mat there has
been accumulation OF stock In the last few
days. ,bscau a the large gain IN loans Is
demand deposits anI brokers loans usually
be due to Operations Ina i'm "omnn;.,ion With With
short term notes being placed for the Brit
ish government aud for American railroads.
Announcement from the White House that
there would he no extra session or Congress
before June at the earliest. started short
buoyani and with .natrrlal ne, gains. The
short int"r"st has been outstanding ior
me ac"9nnt or imnortant "nSator>, "ni
'h rgr oe'iI h, M. war WI +" n".r,.h:
aud look forward Ia a Systematic. M ri 10
TO 's Back wa an sa 'ns u @
m,Gaturaiiy thu leader TaH stock rose ahov,
per cent. 1t WAS followed closely by TN.
snd. and si'e I,'ik lind 'h sgnn%r Ana
RENEWED LialDATION
Mercantile Marin" preferred al .anccd
account was renewed il the Las, f.w lay
Manufacturing SO IS w't" not Is active
t"ri~l~. Banh cl"arinIs FOR III" week show
raraG iffss1 = ri n 's! 1ssT !h Of n
g g,r H. made ni.iner mh." /, E" s,",cn ,hs
RHn III ~" oiR lh oniy 10 cont
Mere mad in sections whrr y" ro I'M nsiai
business prevails. This shows that bnsin.s :
IL ooo'ninr In ali parts al Tho ,1untry. and
hat sp.,,u!a ton has been reduced to 4,
Sow that there If a prospect Of s'.n-
ihcr WITHOUT .th extra session OF Congress
i1hl. Oh the leading Sr"culatiH" interests
~ the street wii "or" ha;d - get tho
III STOCKS representing basic material. >.ch
NJ COPPER ana steel becaus" they h"li"S"
tn.fc VIII % q world "inc demand for such
.hlirs. WIN IN" United states ont 90
tn" war. tn" allies VIII be torcc1 I" Innk"
larr. purchases OF such materials IN this
'ouhuS ana AZ preventing hiIh iiices
BELIEVE ENTRY INTO
WAX WILL. CHECK PROFITS
These n,r.ou. h.I,.sy.. ..,u.,l ,,,r,ir,,.,t.
ia -. ~. - .n,,aa -, ~ I'm ~ -, on
,o,, M, ~ n, L. r ,,atII W., ,h.,h
:. 49, .,on,.r 3D. 90 ,,, ,p"S ~,
nr,,',,. Tor .nr,.J ,,',.,cr,. '''''t '''N!'''
~, 49,. ,,t,,r,,,,i, rs - Ill, -, .
,u,s 10 ni,,,nimr ~, ~, ~ "''sH
;.Y"., ic.r -, ,,,,o,nn,,i ina,,I..I,S nn
nov mvcntinn In, ,s.,i ,uni,,". 49,. I'm IN
vs. RI 80, s,,,h ,r--i,,, ,,r.ss,,, '.
,n,,r,,,n ,.,,h ~ -, ~. ~ M, II. !"
pIir". OF c.I, and ,os, ~ n,.r.iiot, .o,,,,,,
-, udy.n,. 49,. No., ,,,,,,.t -. a., -,
,urn ,,.,li,er. "a r,,.-,,,tra i,b,.rt ~. ,,o.,,.
.ucmp, will be made to d.s:oun, these
profit Th"r" wa. RAID OF Motor to-day
ih"t brought out but lltilo stock. and this
"n,"uistrcd tr>id"r>
wooicn Company stock has oc"n strong
f""tur" recently. bcEauS- OF the rem.rk.bly
GOOD technical ,ondition Of IN" trad" with