The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-03-04
n, RItoADA> WALL,

u, RIsoADA> WALL
s,~.ss,rs@.. n To-.. March s-Actns loans
M y -. B.oyc1., y" aeovaee today Of s"o'S4S'
s@t.. III t.es., avs 0,. demand deposits $4".-
a7,,.e -.,- .yc were "ed"ced 50
s-.s-s.s- t.,.st.v ral average statement
- .. .s...t ssc-i IS -..t .n loans ~ S"'N' 'U'
s*s s..a.a tr vol "mand deposits ct N1"'-
ss.ss@ 0.a..VpV. serve: we're r'dU'od -
ss.,~-~-. n j. safe a.cHt suggests tNst The
ssss-s rasE1 been a,euiauiat1on o. S}29"S u ',lS
$3.50 ssMl fa. DAYS. because tho large %aNl
S@rsT-c ~ soaus 81 matched with an eQniia
X s.a4.9e gam u; net demand deposit, and
ss.S-s-- BROKERS lolns usually show gains IN
both GAINS. however. maE be due
go, operations ID connection with SNORT
". ~-fet.ta notes being placed toT she ST.i
sss;sys-iSr~a @ovcinmen. ana tor Amercsb
&e.s~-s--s--44rlad IL
,a No Ix.fa session soon.
Announcement from The " q. te
Isease tl.+t taefc would be no extra
sc4-fp0 e. congress before June at the
ssts}les5 started q short covering IN
=. market thar closed 1t buoysnt and
psh r.,arcrlai aet gains The snort
n ~ tssteresJ mas been outstanding Tor me
s<<**ssfs-: .seoHrt Of Important op"rat tors ana
$50 tReE - eve hat var VIII Re aNartea-
7s 'ssss~~ 11ts Therefore covered thei, coy
sss -scis aud look forward 10 sys-
sag~7ez.T ieea4'it e1o-t % advance ne ma h''
49, - ss1 inNnHc The pabhc To com" back
to Wal street steel was naturallN
49,. LIS esGcr Tho @tocE rose above ios,
ia ss4Aas te,"Neupg is entire dividend o.
1,ev .rnt II was followed CLOSELY
hy 10 swallcf steel stocks and me
copnerS Anaconda and Utah leading
n $50 the copper list Mercantile Marine
preferred advanced more than two
s.g. points Liquidation for foreien e.
count was renewed in the last few
-.---~ days Manufacturing stocks Ne.a
II NOT as active as many stocas
s.roducns base materials Bank
- .4~.clearinss for he week show ar IN
t-a
me period iaat year The elenih.
fs-....asace ~ this gain s made plstner
- - lien 81 Is stated tic gain IN New
Work Is onl> 80 per cent and N Bos-
- ~~.aaade in section where commercial
e ---~.. -'>nsiness prevails This shows that
F.. ,oais.ness Is booming In all parts Of
- @~he country and that speculation has
.ss. s1ern reduc ed "a a minimum.
&~.-sss7-s Now that there Is a prospect Of a
$4,43. sslnImcr without an extra session OF
~~AengtHss some Of the leading s2eCu-
interests Of the street viii work
ward 10 get the public back Tney
T1uppee to work chcfy IN stocks rep
Ess rcsegtinR ,sslr materials such as t>up-
roy and steel because they believe
fs.~----IAere viii be a worldwide demand
- :" FOR such things With the United
|5tss.s-s e iates out Of the war the allies will
~ - Pc forced 10 make large purchases
sks~ - Qs such materials IN this country and
49, prevailing high prices
~. go. These persons believe actual mar
- r pa tion in re war by the United
I1s~,.sSiates sili check profits but under
x*sf yf.esent conditions there Is no rover
xAAhat can prevent present high prices
|k1.As1Qf exported material
eA1n&4 Boom In Automobiles
In The automobile stocks to-. vNe
$rss~e Derators are planning to do some
lung The great fear OF automobile
s1s*ss~sss~ @sders ls some new invention but
u VI T4fh business going forward al such
terrific pressure now a new inven-
q - II atTon could not he developed in time
q TO interfere with the current boom
- -A hIle prices Of cars ana cost OF op-
rfaton continue 10 advance there are
A4iytsss~--s,toueh sold for future delivery TO
80 ~rstarsntee liberal profits for the nrst
49, -7'a a the year a least An attempt
- will Re made 70 discount these profits
&4s~ -@7Ehere was raid on Motors .oday
- ~ nal brought but little stock ans this
ss ~ outraged insiders
4Noolen Company stock has been a
ksss-1 slrang feature recently because Of the
49, remarkably good technical condition
g~-~sT the trade With the prospect of
- ssaerica going into n vast campo ien
- " preparedness oven II il stay. ont
- .of the war. wool is bound 10 rule
,.IltEh. and hc ono representative OF
- the ihdrstr. ON tho stock exchange .is
X~NL *s13nTing more into public favor come
sv ~4Fs The Specialtics among the OH stock
49,. re also gaining favor. notably Cali
q ~ ~ fafnia Petroleum.