Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-17
TECHNICAL RALLY LIFTS
GOTHAM STOCK MARKET
ADVANCES Arc Registered Much
sharper Than in Last Session.
Gains Go From { to & Points.
NEW BUYING IN IRON NOTICED
Money Conditions Continue Tn
changed, Although Belief Pre-
walls Tint There VIII BE Rcduc-
ton in Discount Notes Soon.
IiN Il. L.. Hnrnnm.

'ion in Discount Notes soon.
By u. L.. Burnum.
NEW YORK. March lG.-Thc tech
started on Tuesday was continued
t'""y. but advances registered were
very much sharper than III the pre-
3 ,l"uS session Gains ranged from |
Ill rhh motor. equipment ana mis-
c"iian""ns issues. Those stocks
which were weakest during the last
, t"n ""r" strongest yesterday Imdi-
eating that tncr. was scrambl"
on The part Of the short Interest
( I" cover. The moinrs were also hrn
AZ "cr" tn" copper stocks.
~ som" quarters the opinion rr"-
walls that the prices for STANDARD
abroad shares and seasoned In
dnstridls are at such levels. that they
Quarters AZ dixcountlng the light Of
.h" railroads.. AMI also the other
'earthh factors in the labor situation
tilh business conditions In general
which have received 80 much att"n-
lion during the recent past one
hroih"r expressed the opinion that
stocks bought around this level and
~ IN" event of other breaks. w!il
show fairly good trading profits. Tho
snort interest IN IN" market al the
present - cons !d"rcd iaarly AS iarg.
a. What developed with the pro-
liacted selling movements under al
most similar conditions and depressed
c"n'bcr Trading MAS again on only
mod" -atc scale t"day
None, Conditions Unchanged.
Money conditions continued un
changed although the belief prevailed
mat possibly before long there viii
l. reduction in discount rates. Ex-
Change was II shad" timer during the
early part nj the day
The traction issues Of local com
pani"s Registered sharp gains IN to-
dhy's market, advances OF from to
recorded
Manhattan elevated, Third Avenue.
Il. II j., Int"rhorough Consolidated
and Others This advance * due 10
the reports that the new transit bin
IL expected t" %" passed BY the Sen
at and Assembly ~ Albany. ~
though there Is nothing Official to
Wcdiatciy or that they viii not be.
inui Nall street expects tho bill To
'bc'"f considerable benefit Ia The trac-
'Ipns, aud consequently the shares
reflected this opinion
WITHIN the next t.n days or 90 tn.
ANIMAL rcpoF, Of the unlted states
l".d" puOlsc prior 10 The annual
%: 9skha!Pfrs, meeting ,,, Which VII be
san h: inarn"d now the rcpor. Is ex-
'rrct"d Is make an "HceptionaiIy IA
yorahi" showing csprcialI: in. the
hn'nnc" s'""; watch is icrccasted TO
SNOW Az increase la net current as
Gets nT,.i n.E Jnrrcat Liabilities, Civ
-" - "ttj'o~i,-nn Il large available
No.sips. faHIta'.
5.lAl.yn q, waa :be. independent CON
.:rns which ie;t The reaction hrSt
Sow II ~ reported the steel corpora
t,re,sd ~ she. cur;a,l,nea', Of buyins
fs,,aaS s,atSn LIN, op p 18TH 4, ,he
.Im"ytn diiBgi .ssi,S tit &c; c s,1a
s, >rnora,tol i. srert,inr at abou, G5
~ ~ r.nt .: capacity Will operations
!y9lt--e-,-.-t-.t.-ren.i L. :snaui 80 per
v %rw Ii,siisI III from.
iSuynrat a.niaspua,S ,4 t"t '@' "ss IS
aonnlry'H eap-Nity. hul orders in
SOM" sections hayo brrnf sufficient TO
cnuse N" rcsn'pption q: opera, ien. on
~" part "f 'spr'"' mills on ~ inGttcd
FURTHER qur,anm,yti b, H.. copper
$1ntIrn1I. yak, pf-. anoih"r. .rciutton
~ rrinsrs' Wager. Is.
Ioit ketps on coming inio ,hr
Aelu!thn.a s., eNprclet very shortly
wiIh. s!iS.tly more tiiag $4,000. GRO OF
board, eonais ned 10 ioc',l haokers. Tho
sooner OF later be reflected tn tha
money mDrkct. which thus far has
moved very FRO. .itncr way iron, tha
- hdtoni6hl" s,6eks were IN ta!r
demand and higher today az a result
~ NJ better h-we from that indus
c5.y The nsn'li dor ctopnL,,s has beer
5a5, 9 1ha 'II Gsa Eor -' iSw- pr '"a
r GIi5" $ SSfy5issd 'sI1frs at ri
5ar ' u" .IItIj1j;iSSSssinitoSn9 Of e. ma
aiIjjiDy&fH 4tf'oaiis iq ~ 1 Stil fG %a;
r:SEsA" fJrfs3 ps-f 20 cs s1If
'I,35l Il {ilgb ?8 FTtF5iiHa%stitail5dtftt @%}p9?
I'LL 42W,&H l Hy&' u ss2STA,22 J Gss"fis a.+
e br::Ia@9f 3ElS"a a1t ls% ;SS'
"a 4 sh4aGH .dW&H' to about
Amaric.in International Corpora
sso Tsis eSS III RAJ aPqa aaf rGnGr' for TO!
- q Wriic offs were ~ Insufficient 10
- Esrithe diriucud pa y:Inen,s fn,. sht
h'.an... En fnns< Of The .s8O;0Uh. 900
' ssiS,n ;i4S5$ i;9Inl ~ qrly ,s:aeS@il
81, - bhrl me port forn.thcu first d iIiii4
81" corparhtiDni Investments .fn W, t,s
-i,na9lniThiSfh sttow!pg the h rinot Ifrb + +
SliarsS. sbG 3bppdiI bcId In ca + hiThfi
9ftrjtnr enf 7inrsstmnniS has 30 et,1S:,
soar cco'of ,cDntt ton on tiss ~, rt.t
81 ock holders" for sonir' tim et 5sm',.s;t
Sc@ n az fdVS y X RE- ta YT'Ee nai ,h3
IN tina dHstnrfpurr IhtJIs:II:.Ii