Salt Lake Telegram | 1924-03-09 | Page 24 | Weekly Financial Review

I WEEKLY FINANCIAL I NEW YORK March larch 8 S. Chief speculative I interest In this weeks week's financial markets centered In the demoralization of French exchange the demand rate for forI forthe forthe the franc establishing low for tor toral I all al time of This Thi-j represented a depreciation of ot approximately 17 ii per percent percent cent during the week Belgian francs broke to a a new low in sympathy antI and marked heaviness also developed in the British and other continental exchanges Speculative selling Inspired by the Unfavorable unfavorable un un- favorable Ca showing made In the thee weekly 4 statement of the Bank Dank of France was wasI the primary cause causo for the further de de- de- de I dine cline I Stock prices price drifted rather aimlessly I within the trading area area in which they have leave been fluctuating for fer the past three I weeks The average showed a I slight I gain above those of a week ago aJo Bond Dond DondI I prices al also firmed m up- up slightly Commodity Corn Com 1 r y prices IC were v r I irregular r c cotton ft I dropping to a new new low for the tho year Tho rho wheat market failed to make maleo much of ofa ofa ofa I a to higher tariff rates I Money rates held relatively steady