Salt Lake Tribune | 1915-02-28 | Page 39 | Financial Review

FINANCIAL REVIEW. Speculative Sentiment Serious Over the War Developments. NEW YORK, Peb. 27. Speculative markets mar-kets continued this week to reriect concern con-cern as to the situation facing the United States in the present war. our government's govern-ment's proposals for an adjustment of points at issue with both sides and the probable replies were left in the field of speculative conjecture. Serious views of the situation were -confirmed by informal in-formal utterances attributed to official sources by the tone of Washington's birthday addresses. Interruption to the flood tide of foreign trade was threatened by tne reprisals between be-tween belligerents. The grain and cotton cot-ton markets responded to this danger in common with securities. foreign exchange, however, relapsed to about the lowest. The extra hazard in gold shipment figures in this showing, as well as the depreciation of foreign currencies cur-rencies on the basis of Inflated war bond issues. Pressure of foreign sales of our securities is thereby increased. Announcement of the federal trado commission com-mission membership and complaints from corporation officials gave texts for discussion dis-cussion of .new business adjustments to bo faced. Japan's demands on China added to the weight of international problems. prob-lems. Good prospects for new financing were unimpaired, further new Issues being placed, short-term rrbtes again predominating. predomi-nating. The bond market as a whoh was somewhat irregular as a result of steady offerings of high-grade issues for European account. Figures already at hand give assurance assur-ance of another month of unprecedented exports.