Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-03-12
PRICES STILL DECLINE IN
GOTHAM STOCK MARKET
This l. Due to Situation Which l.
Facing the Railroad
Companies.
LITTLE CHANGE IN MONEY
Much Gold i Received From
abroad and Within Last Few
Days About SD0,00,O00 Has
Come From cunndn.
LITTLE CHANGE IN NONE
ny u. T.. nAu>IM

ny II. L.. nAn>IM.
NEW YORK. March LITTLE stock
! market yesterday witnessed another
Sh'rp d"clim" in price, due to the
r. roads companies. Many new low rec
= oFHS i"t ihc year were again "s-
: "bil@h"d Dcth among the indus
= trials and the railroad shares. but
whereas the rails were weakest yes
= iordhE ana IL" industrlals wcr. fair
: hlln ING tmdustrlais registered the
B. ;'hIrp"St LOSSES ia iOday's session.
Is ~" declines ranging from TOD points
IN many issues, while In the rails
- Two more companies announced ,ho
:, passing Of thcir dividends today, on"
q railroad .tGd the other An industrial.
y ne railroad company which passed
j, ""ipi-annuaI dividend was tho
. .".r' lcrH"y and S"ashpr. and the
{, .ubusti .al company was Tn" FIrcEton.
s.tIi~r Company Of Akron This adG"d
'7'n mo HhtaN"rHHIc news which is
r coming from labor oiyciea In conacc-
ton VITA tn" Announced wage re-
I. huciions hy tho railroads. The FOR
i. 'lrn situation was again almost en-
T. There was very little change ia
y"tih"r thc u"ncy OF In" foreign cN-
+ Change situation during the greater
. selling I, up.r,,Ing.
+, In ono quarter TO-DAY IN" recent dc
Z. ',in,, n nc stock market mas been
B., 'acn on. ~ whicn would be sufficient
Ito unset TIA" market In view OF tho
f'''hIll 81 plu'is on the buying sue.
:" ih"Fc ihr"" rchsons are ia ioliowS.
- i'!rst- liquidation on the part "f
= 'ir'd hpldrGs and disappointed spccU-
u in'Iv" buyers of last month who had
II expected IN, stock market 20 md-
i vance following the entrance OF the
= Nc" atmi uiSt:ation mt Washington.
8 aud the belief that the German in
- At mults question would he settled
-' e, ihc ;c."it London conference,
:. second Liquidation By individuals
\. HHd corporations Of Investment hold
y lugs 10 sccur" funds for next weeks
.-. iucufn" iaN payments and th!rd IN
81 creased prcssur" of .p"culativ. SELL
~'r"ai list To- the bear element most
." ".uyc RECENTLY in tho Industrial.
- "pliGhr az 'hc raiIrOade and IN"
=, general Labor situation In view Of
:, tins The market NHs uuab!" TO with
y S'and th" pressure win the reduced
:" p!rca'ors Of u" American lia
- "uiian steamship Company have. Dc.
- cents pnr Hh1r" az compared "ith s.
= e ohhr" three months ago. Shipping
- conditions are none too favorabl" ~
!. h" pr sent time and In View %! tn"
~ .tunion NhippinE stocks nave d.
= cllnCh &" .n"w low levels on tho
D" TE" ht.. mall ord"r house, OF the
~ country continue TO report Improve
. mont Of sales during tn" current
Sc. month to date. and local department
q, f'"r" heads are ar" also more up;I-
20, iIi site on The uuilpok- Eut ban view
%. the" reports and IN" optimistic
r 'fsi"u"uis issued by SOM. Of our
loading business men. the mnrkc; dc
',iu's. ah WuI. street - in no humor
l.. :" XIV" attention go anything but ;ne
s91 ti' lhNrl't ',r 40 the bHars are ia The
~ .h"l"F''N Thls OFT times means a
81 srn"ai ucports Appear.
my ap.afaMnca' "p poGay FchG G.. r. GaGG
~ th' Nmor'oan Sie"i Fouudrirs Com
ra9% icr 1870. shows net profits Of
1 IA oh ..s.sr .g.
@If'ai 'hc Yea" before, or tn. equiv
,int "i S".3I q shar. ON tho SEQ
y'.rnJ 81 common stock outstanding
a p" insc OF lt2o and si.35 a shar"
"A on the sl5isi.OCu stock ISSUED al ,hr
'ud 90! 1919. Thc WOvthiustou Pump
= ,,,d Mhehinory Corporation reports
=, I"' common st"cN for faro ana SHE'S
rcr shar' Dor l"lt while the United
f."i 80. COMPANY reports profits
- share Tho Notr before
~ Ih" r"nori % the solar Refining
~ rHHhlln" $500 a Shar' against SS2 -
iu 1919. III. standard oil t,orni,arv
2" "l california. last year experienced
- ne, me- m@.iS rro.r"rous year in It's his
iorN In" net profits were cpual 20
=. lI.'- = sHIr" on III" capital stock
- AGAINST s3l2G in Tho year bcfor.
- u" ."'nn"nHF Stockholders yesicr-
- ,,'E Hbprp"tf an inCrcaS" In the can
10 S'"." ana also authorized a
.Hfn". N THE par value OF the stock
INN s!yp 70 va q share.
Thus far much gold has b.c, 70
y"!Ncd from abroad and within Tho
- last i"w days about $4,000. 600 has
a'omc from Canada In connection win
inc maturity Of q bond Issue Of ma;
s"N' ru'n"nt on April !! 7, is now
lnnonncod that gold is on tho wav
20 TINS country from india a total
-pi S2.2Sj.0"0 having reached London
%. rom mat country to to. shipped 10
- tn% tinted states. The r.ccip, Of
r no",Hhn 10 $4,000 000 or more is rrc,i
hd"i I" our gold supply. and this
bin" VIII u" doubt ho reflected in
~ li' money situation. which g.. or
- i''i"d 10 show some decided ia.
~ i"''in"ni after next weeks tax date