The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-04-08
ERICAN NATIONAL
On TRADE CONDITIONS
nels That Ali Business Houses Prepare For Any Con
nrency That May Come As Result of War Conditions.

slabs in February year ago, max
ing 4 considerable increase In thC
visible supply OF zinc and speiter.
Coal shows Decrease.
Shipments of anthracite coal dur
ing February aggregated 5,l7S.000
tons. compared with 5,Gs6,o 600 tons In
February Of last year. all but two OF
the nine roads reporting showing de-
crcases. The loss Is partially ascribed
to "A shortage of labor in the anthra-
cite region, although the tonnage If
mach larger than in February OF
either 1914 or 1915.
Production Of coke IN the Connelis-
willie region IN he four weeks ehdine
March 8 .totaled 1909. 600 tons. com
pared with 1,sl4 600 tons in the en-
tire month Of February last year. and
shipments for the four weeks agere-
gated 1851 cars. compared with Az
$50 cars In February, 1916, On MARCH
10 there were 34,a26 coke ovens in
operation in the district. compared
with 34936 on February 10.
Domestic consumption OF TN In
February totaled 1880 tons. compared
with air. tons in January and n,3SS
tons in February q year ago. Ship
ments Of tin from the straits settle
ments To this country In February ag-
FTegated i.e4S tons. compared with
.&,i6a tons IN January and , 0$o tons
ia February, 1916 Stocks of tin In
this country increased during Febru-
AIRY, standing al 3.027 tons at the close
Of the month. compared with 2,6z2
IONS q month previous and 1905 tons
"a year previous. The total visible
supply of tin at the end OF the month
was reported Mt 1887 tons compared
with lS,l69 tons on January 81 and
1911 tons on February ~, 1916.
There were ! $40 oil wells completed
during February, compared with l.
434 com pleted in January, ana the
new production Of oil for the month
tofaled 100000 barrels. compared with
"a. 600 barrels in January Dn Febru-
airy ~ there were .033 T'g~ mp and
5.@f9 wells drilling. the total of 13i2
r0mpa2ue with 1888 Oh January 81.
oil pr6duc tion tell off somewhat dur-
ing February receipts Of oil by the
various pipe line eonatanies during
the month totaIing 10. 932 Geo barrels.
compared with I2I59,ooo barrels in
January and 1O.22T.oo0 barrels in
Febrt airy. 1915 StockS OF crude OF
held IN storage by the pipe lines on
February ~ aggregated 1880 600
barr els. compared with 95,1fS. 600
barrels q month before and 9A5o7, 100
barrels TWO mDnths before.
Ira IfsfT.ai gnfd production in Febru
AIRY tofnea ~ 0oo fne ounces, com
Jared NIL $4,000 aunceF n JANUARY
and 49, 90 o,af ces in. rebruar, Of last
year. ~ftiths was the rccotd for f'ehru-
AIRY gold prod>f ion.
Federation ~ the fact that COM
modify prices are stu 6u the increase
would no Il waste 81 SPACE were IT. not
Tor thas1act that the turn downward
must gone some time and must DC
watched for AL thc more sharply he
Dause of present unusual levels On
March | Bradstreet's index Of ON
modify prices stood at Sl414, ones
more marking u new high point, and
compared with $t3.a4 on February
ana $Il3S on March ] 1916. Dur
nag February forty-nihe articles used
IN the Index advanced In price. seven
teen declined and forty one remained
Stationary
Financing by corporations in Feb
ruary totalcd 1851. 900. 600, compared
with s304 600. 900 In February, 1916
Il is estimated that s76 900, 600 of thf
February financing WAS for refunding
purposes. Securities maturing In April
will total $4,000. 000, compared with
$50 600 600 In March and $4,000, 00i
in April a year ago. OF the April
maturities, SAG 000, 900 VIII he in rail-
road and $25,000,o00 in industrial Sc
cuTities.
New and large corporations formed
"A February have total capitalization
OF 1851 900, 900. compared with $312.,
000. 900 in January and s42l 900, 00t
"a February of last year Concern;
incorporated Tor 1900, 900 or ovei
made up $26s,000 900 of the Februar,
total. compared with s366, 900. 900 il
February q year ago.
Large Dividend Disbursement
March dividend and interest dis
hursements viii total $3.50 ,o00
compared with $tb5.000 900 in March
1915. Dividend Disbursements alon,
will amount to sIo4,o00s0e0, compared
with SIS, 100000 last year, and interes
payments will td.a4 ga nAa -aGA,-r.am
pared with $4,000, 600 year ago.
February stock sales aggregated
l i 600 600 shares compared with II.
900 geo shares in February. 1915, ant
bond sales totaled SIC. GOO 600, com
pared with $50. 900. 900 ip February
year ago. The average price OF a Sc
iIeCted list Of sixty stocks at the clos,
s'Rs1a aJsasla sslsgass sys,ags aggr'
q /,