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Show WEEKLY GRAIN AND PROVISION REVIEW New York, OcL 7. The most interesting in-teresting development of another active act-ive stock market week, in which daily dealings again ranged from 1.-000,000 1.-000,000 to almost 1,400,000 shares, was the intimation which' came yesterday from influential financial sources to the effect that peace overtures from German' would sQon be Inaugurated. Declines of 3 to 5 points from high levels folowed the circulation of these rumors, were stocks and other Industrial Indus-trial issues deriving special benefit from foreign contracts being most affected. af-fected. Rails, except minor shares, which had shown unusual strength and activity during the preceding day or two. yielded 1 to 3 points and the list as a whole was decidedly unsettled, un-settled, though far from weak. Apart from the war rumors, greatest great-est Interest was evinced in the wide character of the trading, which comprised com-prised a greater number of issues than ever befora This was accept-ed accept-ed as a further proof ofthc general demand for securities. ' The free absorption of the city of Paris $50,000,0,00 loan which was several sev-eral times over subscribed, indicated, however, that the amount of money available for investment purposes is far in excess of the supply of new securities. The strength of high grade rails, some of which registered best quotations quo-tations for several years was directly traceable to additional statements of earnings Issued by leading systems, nearly all of which were remarkable for their gains. Point was given, in this connection to the report of the Interstate commerce commission, which received returns from 150 railroads rail-roads for August, showing an increase in-crease of over $40,000,000 in operating operat-ing revenues and a gain of almost $20,000,000 in net income over the corresponding months of last year. |