The Richmond Virginian. (Richmond, Va.) 1910-1920, 1920-03-31
|flcH RE-ARMING
IS REFLECTED HERE
~ nRoApAr WALL

5SAw York. March so.-~vfsh the sx-
- ee Craeihle sssa, and stusx Mo
beth * which sstxhaish~d new
- rseerdA the stock market WA
- te1nv, IN the morning there wAs
1DwArd movement all along the
- IA BY United states steel Money
- ut 3 par cent and cid not 10
- 10 psr cent But Friday oeinx a
o1e6Ay and Thursday being the hrst
"a April . big money market is ex
9c&ed on Thursday tor Stock Exchange
oAAs made then VIII carry ever rill
eondAy. FOR this reason brokers were
#&4visfnx customers 10 70 conservative
~ their trading
"a feature OF the day WAS ths renewed
in francs This weakness
&s@As due TO apprehension regarding the
#D0iitscL situation abroad mora than 70
10y trade reasons. 1'os shipment Il
ME0ld from London 70 New York SO far
rs publicly announced hss probable
kAeen discounted ~ the exchange mar
&ket. Little further strength IS expec.-
|#AG I'm that direction until tie secret
herds held In Ottawa ~ trarsscrFe3 TO
New York. France Is arn3ng Eztn
q md tire outlook fer hiE bushes }.e-
skween that country and America e 45t
Hparticrlariv bright sust now
E Stutz rose 81 points - the new high
SR<cord ~ $40 Nearly every tranSac-
BtIon was for q single hundred shares
The stock crossed General Motors waan
I'M soid 81 5-e. bat Motors ir1r ediatet"
5advanced g points putting stutz in sec
S1nd place again
M Al zs4 Cru@ible made ar absolute
high record. The earnings are said o
- sugicient te Justify that price re
Marbles o. any saors interest that rraY
6exiss
81 Euyi-E Of -hr COPPER stocks has heen
IsHrusual}y eocd fo- the past Two weekf
but the Aest 20 f. seems 20 he ia Utah
Copper. insiders expect 80 metal
6aocn
The big sales Ct copper metal for for
sNsrn account are understood 20 be pr!7-
ScspaGiy for the use Il the French i~
Their rev campaign = armament. tbs
Srnarrsrg of France IS nat "a mere gath
sRring togethc- IF materials Jeff ovs-
sArona the great wa hat K Is corr
Bylete REORGANIZATION of fhe whole
sfecent war experiences The mss nod
.Nrn equipment r. every k5nd WIN IL
A1sed
d American Express was conspicuous
Tor its strength The stock was up
more than g points L q now more
akhan Sc points above ia recent CIV
3Asef, Cuban American sugar was
5Another star performer with an al.
vance OF points or ths report that
Skhe crop in cuba would not Re ~ 70
81 Western Unions annual repo-tI
showed earnings - st3I1 In 1918
against Sill 81 the previous year The
sAmerican Telephone stockholders ap-
sproved the proposition 10 Increase trio
gNArital from S590,0aooeo 70 s75eoec
boo
The Advance Rurnejy panyi
sehowed earnings Of SI9@b a share FOR
1919 compared with S3Is for tire pre- /
asious year. This is due TO tire increase
Saf business for farmers
Steel men are juhtIaut over the fact
that the heavy SHOWS have psss~A
away without abnormal foods. The re- !
ssnIt lis that railroad traffic Is becoming 1
normal and IL is possible 70 get raw
material TO the minis rs well as make
1pid delivery OF finished products. Tire
3ssecond quarter of the year is expected
20 start with the steel trade operating
sszt practicable full capacity.
Declaration by the Continental on |
ompany OF 200 per cent stock divi- |
end is-the first OF series of declara- |
ions by the STANDARD Oil companies /
4 Continental declared 400 per cent div !
sadend in 1918