Show VI Weekly V Review of Financial Markets Market NEW EW EW YORK Oct 22 2 2 AP Pro At Po Pro Pronounced reactionary t tendency d de developed do- do In nearly all al markets this week Prices of leading stocks broke broko 10 I to 30 wiping out billions of dollars in quoted values in a a of swift and almost tib I reactions 1 which Ob hud bud been greatly greaty in inflated In- In hated were being belnA brought more inline In tn line Une with wih current business conditions conditions condi condi- tons and future trade prospects heretofore largely disregarded as market et factors Easy Esy money the bulwark of the recent advance had as a a market i- i Railroad 1 and Industrial stork stock averages a lot bot ground grund but the rai rails were still sti 15 points and the industrials industrials indus indus- trials 2 25 above the years year's yeas yea's lows An unexpected Increase e of nearly in brokers brokers' loans this week the total to a anew anew anew new high record just below 3 U.- also was a a disturbing factor although It was accounted for largely b by new bond financing which has totaled nearly half hal a bil billion billion bilon bi- bi bil- bil lion lon dollars dolar in the last fortnight Wheat futures lost about eight points a bushel drop dropping pin to new low levels for the season on selling selinA sell sell- sel- sel lag ing inA influenced by the continued lack of export demand iner Increased ased Canadian shipments and the Increase in increase increase In- In crease in the visible supplies of th tb commodity Other grains rains reacted In sympathy Cotton Colon broke about 65 a a bale largely on southern hedge selling selnA against tire tr rapid marketing of the crop In the foreign exchange market British Brish and German currencies rose roseto roseto roseto to new lew high levels for the year |