BID rA FAVORITE STOCKS i 1 TO 4 POINTS HIGHER I HOPE FOR PEACE IN EUROPE RISES By y VICTOR VICOR EU EUBANK ANK Associated Press Pres Financial Editor NEW NEW NW YORK Aug 25 Wall 25 Wall street treet saw faint chances of f at least east leat a momentary European peace Friday and traders trader bid up stock market favorites 1 to around 4 points pOint at the best Revival of hopes that war would be e avoided came with wih the news that hat Hi Hitler r summoned British Ambassador Am- Am Henderson for a lengthy conference and subsequently talked with wih the envoys of France Italy Ialy and nd Japan The Te conclusion of the optimists was that tat some plan pla to settle ettle sette the Danzig controversy was wasn in n the wind although nothing deli deli- deI- deI nite nie ite was forthcoming before the markets market's close cose The list displayed mildly lar ar tendencies in th the forenoon Sentiment Sentient improved when President President dent ent Roosevelt Roosevel at his press pres talk indicated an outbreak of hostilities hosti- hosti ties tes es was wa not certain Study Moscow Rumor In addition there were reports report Moscow was pushing Warsaw Wasa to get et together with Berlin and that the he nazis would permit pert the tile Poles another nother day of of grace The Roosevelt peace pleas to Germany and nd Poland were helpful At th the same sae time considerable buying was tas as attributed to the be beef bele belie be- be lie le ef of financial contingents that war var or no war markets market may have been een oversold and that even if there here is a world explosion Amerian Amen Ameri- Aeri- Aeri an can industry stands to profit by a sharp harp demand of foreign nations for or supplies unobtainable else else- ele- ele where U. U S. S government securities weak at one time came back sub- sub as did dd many corporate loans loan Foreign dollar dolar bonds bond however however howver how- how ever ver kept going down The stock list loafed throughout the he greater part of the proceedings but mt picked up momentum in the fourth fouth hours hour's upturn Transfers approximated shares Final prices rices were under the tops In the majority of cases ces Score Advances Prominent gainers gaIner included U. U US U.S. S. S Steel Bethlehem Chrysler General Genral Gen Gen- ral eral Motors Anaconda Aerl American n Smelting Phelps Dodge du u Pont Allied Chemical U. U S S. S Rubber Lubber Montgomery Montgomer Ward J. J I L I. Case Cae Douglas Aircraft U. U S. S Gypsum Gypsum Gyp- Gyp sum urn American Telephone Southern South- South em ern rn Railway and Texas corporation corpora corpora- ion tion tion Lessening of war tension hit wheat futures at Winnipeg and Chicago At the latter later center the cereal ereal was off of 1 to 1 cents a bushel ushel Corn was was was' down as much Cotton Coton in late transactions was wa off of ff 10 to 2 25 cents a bale In the curb Aluminum of Ameria Ameri Amen ca a pushed up about 7 points Lesser advances were scared by American Gas Electric Bond and Share Lake LakeShore LakeShore Le LeShore Shore and Lockheed