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Show mm GREDITORS PRESS FORPAYMEi!T Exchange Rates Continue High; This Country Not Out of Financial Woods, j NEW YORK, Oct. 10. Tlie burden of the country's present foreign indebted- ! ness was inrlioated ny the week's advance ad-vance in exchange ratt-p In tlie face of supplies furnished by tho hmvlreu-inil- linn -dollar fcold pool. l.arire maturities of ninety-day bills put out in July when money was easy In London were a factur. Cotton exports expanded materially and grain exports continued heavy. Imports at New York also seem to be well maintained. main-tained. Action of the exchaniro markets indicate indi-cate plainly that foreign cre-Miors will press fwi intnicdiato rfi nint (tf ;ill av;iil-able av;iil-able maturities, which will be heavy for months to come. United States Steel's Sen tern her dc-rrase dc-rrase of 42o.Oi.iO tons in unfilleil tonnage finds sequence in furiher contraction in October orders and in cancellations. Copper Cop-per is pressi'd for sale at the lowest prie in almost thirteen years. On the oilier hand, demand for grains is unappeased. Domestic money eond i t ions arc d is-tineUy is-tineUy improved. Rates have relaxed and Interior banks lend more freely and are buying some bonds and notes. The local monetary conditions also continue con-tinue toward betterment, with a steady reduction In the cash reserve deficit. This week's hank sta lemon t showed a cash pain much below general estimates, but another in rjre loan contra ft ion reduced re-duced that itetn by more than "Oij.f p t in the past fortnight. 1. a test developments develop-ments from the European theater exercised exer-cised a depresin effe-'l en the London market, e.1 P'-cially on Russian secutiies. In this market lh new s nad tlie effect of inct c-a sini; greater f.rmney:; in the exchange ex-change on Berlin. |