Salt Lake Tribune | 1915-08-15 | Page 29 | Reversal in War Stocks Marks Exchange Session

RcVcRSAL !N WAR 8i()Ci8 MARKS EXCHANGE SESSION! i 1 Setback Is Attributed to Various Causes, but; More Likely It Results From Belief Time I Has Come for Halt. NEW YORK. Ail?. 14. Sevme re Ynrmil in (.otho of tho war Hpot'ialtio? imtrkoil today 'i hrii'f .M'ffinn of linstock lin-stock uiurln't. TI10 .sotlinek wns attrib-llti'il attrib-llti'il to a Yarii'tv of t'Hlhrfl, I Ml t nmro likolv il rosiilteil I'vom tin-. fitht-Krowiu lu'liof Hint the tinifi liail imiiih' for h bait in the I'ururt; rifio of thohR volatile, issues. is-sues. t'rm-ihle Steel vrns the weakest feature, fea-ture, recording a maximum Iosm of 8 tn)intH with a 4-point, break between sales. Willys Overland, Bethlehem ISteel uud Allis ( hnliners fell from 4 to 15 points, but renine'l much of their losses later. Hethlehem Steel preferred on a tingle sale just before the close reeonl-eil reeonl-eil a loss of 1 1 points. Studebakcr Ascends. The movement was not all in the one direetion, however, Sturlebaker useend-iin useend-iin to the new high priee of Kit), an over night gain ot 5". Other points of strength included Paeifie. Mail, whieh advanced 3 points on announcement, if its sale of its Pacific fleet anil American Ameri-can Woolen common and preferred strengthened on the proposed recharter-ing recharter-ing of the company under the Massachusetts Massa-chusetts laws. l!ailro.'ol,s were Irregular until toward th1 fnrl nf the flp-sion, vhnn T?fiaflinp 1 rf.'ov'ei'-''! t'ruiii its fatly h'-tiviiir,.'. cur- j rvinu ol)n'!'s in ih" saiiti clhsn to hipher . levels. 'I'Iih ituij-Kct 's t."''i at Ihn I'lnsn was 'ruin;. Tut al fjiilcs atin'KatH' :ir..,fM.Ki hhiirps. l,oi'r rnti'S ftr fxclmnpn nn Lmi'lon , n'lifl PnriH wore quot.rd hlh.I Uui i'nr'Uin j fXt-liaiip inarkiM. wun utterly flomor ! y.cd. t'einan.l Rlorlinc fell to $ UiO 'o ainl, nt'ctx ding In trustworthy acrounts, J tliifl (iintJit ion wnn shai.pfi halL' a ',f'nt a t'ter the clusp of the stock market,. Paris choi-ks yirl'ler .".!iii. wilh eveiy prospect of Imvcr quoLatiuns 'luring Die t'uinin week. Estimate Fulfilled. Tho bank statement fulfilleil popular ft ini at t?n, a'tu;il tiemand deposits i a-'rea:oiiK a-'rea:oiiK nvor ,"0,oi)0,i)tiO, with a $21,-ili'O.uOO $21,-ili'O.uOO increase of reserve, thene items beintr an obvious re fleet ion of the vek 's heavy pold inirirtfi. Tho bond market manifested a easier tendency on nqminal dealings. Total snU'B par value aeroL'atdd l,:i20,OU(J. I, ft. oou pon 4s deelincd one-quarter percent, and Panama one-eighth er cent on call during the week. Other government issues advance one-qua rier to one half p(?r cent.