Salt Lake Herald-Republican | 1920-02-03 | Page 9 | Ticker News

o I TICKER NEWS I o 0 0 New Now York We do not set get et the comfort com corn fort out of or the time banks banks' statement that some SOUlt- of ot the tho anonymous critics say tn they y do Money Ioney is likely to continue tho the chief root of ot evil II HI likely to toa today to- to day a The Tho so n government ent withdrawals are TO ue uc Jar large e. e and there is the additional complication that tomorrow a large amount of or time monc money is to mature with aIth probability that less than 10 lOper per percent percent cent of ot It will be renewed except 1 possibility pos poe 08 on call cal from day to day a How How- soon is this money market position oln g-oln going to act severely upon general business Morse New York Mall says The treaty squabble us as far from 9 settlement as ever a circumstance which has contributed con con- to the time withdrawal of ot the public public pub pub- lic lie from the stock market and to the tho extremely bad among mong the foreign for tor- eign exchanges As to tho future of oC tho exchanges views naturally Yar vary Paul M. M Warburg Warburg- recently expressed tIme the opinion that quite a a. number of or countries countries- will nc never regain their previous previous previous pre pre- levels lc He lie believed that the stabIlIzation stabilization sta sta- of or tho the exchanges can be ef effected effected effected ef- ef on the existing gold Jold supply only when government credits and commercial commercial commer commer- cial conditions are arc stabilized D By tho the Harold It n. Smoot Co Wire New y en York Feb 2 Call Call money opened at 14 per cent today and closed at 16 There was no chance of ot a a. bull bun market under such conditions A de demoralized demoralized demoralized de- de moralized foreign exchange ge market with demand sterling at a new level of U. 3 S. was another unsettling In in- in fluence Steel and oils were under under- pressure and amid outside support even of specialties was lacking Wollman At the end of last week about two two- thirds of the Maxwell and Chalmers se securities securities se- se had been deposited under the consolidation agreement It has not yet been determined whether the plan can cams be declared operative and I be believe be- be lieve it will be found desirable to make a further extension of the time for de de- de posits Morse Chicago Northwestern on April 13 will authorize a new refunding refunding- morl- morl gago to provide for new capital needs time tho amount not at any time to exceed three times the stock outstanding Morse British charge chargo In Washington Washing Washing- ton Informs Secretary Glass that It ft la Is contrary to policy of British treasury to Incur any new Indebtedness in United United Unit Unit- ed States Viscount Greys Grey's statement that ho does not blame United States Senate for its course In imi conservation conser of treaty stiffens of Republicans and likely to be ie Important factor in chang changing ing whole treaty v President Hadley of I. I I T. T estimates estimates esti esti- mates deficit on June 30 at