Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-03-24
STOCK MARKET EXCITED
AND PRICES IRREGULAR
Time Money Was Available in
Million.DoIlar Lots, and Many
Took Offerings.
NY IsRoADAN WALL.

NEW YORK, March 2a--Stocks were
S AK rhe rr rg5s !. Wall 5,r%.t to,
moro than half The issues. hui Il fcS
inad. new high records for the move
inent. Some made absolute now tops
for All timc. notably Stutz Nintor The
most important feature Of the day way
me hppca rance OF time money in large
quantities. Renewals were at pcr
cent ana call funds loaned ~ s per
cent. put time money was avaiiahic
IN miilion-doilar lots and several i'm
p?rti'nt brokers took full advantage
OF II. THIS means that the end OF the
ihon'N squeeze - at hand. Profession ~
Traders do not care about tho ,inc;ua
thew can sec ec c,a lin lin d iss GSeanse
The Impression is growing that tl:,s
- not mere rally ia "a bear market.
Dui really the beginning OF an import
AM constructive can, Da:gn IN ;hc whole
Declares Gold I. Coming.
- much has been said about thr
from London that :. word Of oxpluna-
ZION is due - the readers Of this col
uinm. The information that the gid
WAS 20 be broush: here came from one
0. ;he most important iutcrnationa:
bankers identified with tho British gov
c:ninan;. Although. officially denied .,
THIS authority. who s. in position 20
EhoN and whose long record Il :i;
anci%r just.;ies. anybody in taking rs
Mo:d. pcrsls:s in hs original statement.
For SOM reason The British govern
nent does MOI want Il known ti!at :nc
goa co. , hsf len sh:npGa !; ey!hs"tiy
pow"r 81 "a" wnoie british s"rtrn-
M"nt was invoked 30 discrcdi; "a" a;.-
nom :e'nSn;. " matter OF fae; INC
fully believes that .ac gold in qic"-
ton arrived q. Halifax las. Saturday
ai.d = no" ":ored IN pt;&"a rrad| :or
togr hours uo:.cy WHEN wanted nero
Not nn!. docs tho word % .,.i.s "m. n.uc
ne action OF sterling exchange and o,
iIc stock market in genera ccmh:!n-
order ON Share distribution.
ton o. To" listing committee %
the Ncw Wort; Stocl; Exchange in or
d.rine that tcr sharcs Of Genera:
Motors stool, must ~ accepted az .ooU
delivery FOR On" shar. %! Iii" Cd :.
orta;. the ten SHnicE Of n"w stock
Win Which - maxi delivery. Th,,; =
VIZ Genera Motors both Old AND no"'
incidentally !; u.cAt .s well b.
Sled no" ;hai II" insiders - Cen
"a Motors ComhHn% .Apect III. @ii
neN TO SlV0 Il share not Oh stock mar
fr; manipulation bu, on actual earning
W pc. Ihe motor industry ! in the
!I.Is; 9! =. great boom
nuyinG Stutz Offerings.
tiUsi".e Stccl's earnings arc -, SGra
" ga. taat a continuation .. the pres
e., d.N.dend i cxpcct,I by it, siock-
| llo'itrs even .ttor Tho stool. Dividend
! !. declared. The "urlc: that Genera!
Mo! Jrs ana! absorb tic company can
no be @oi!I.Incd III oficia quarters.
Sir'I. however. persists in being at
scfbcb b.. Genera Motors although oiii-
tIhis " tHc companies refuse - make
an" common; on It's magEc. action.
Stu,z made another nov hisa record
today Il: 80. an advance o. twenty
points.
SPOT tutI"n R-nche. High Point
'-rpt cotton sold on the New YORK
mArEet =, 1918 cents = pound. which
is In" highest in more ;Hau .i!,y ycurt
Standag,! OIL Of New JERSEY j. 10 30
tlaae! n IN tHc Now Yorl; EAchan=.
Ih1r-iUy. In an;iCipati ton o. .iat even,
tn' shares We're aCtlv, and buoyan, on
~" curb ;o!ay. Mcntg oIncry. Ward &
~. "ioc@ VIII also 20 on the exchange
Thar Sd..y