| Show R AS EUROPE STANDS STANSON SON BRINK BRINK OF WAR PRICES MIXED IN FINAL TRADE r C By By VICTOR EUBANK Associated Press Pres Financial Eitor Editor NEW YORK Aug 24 Financial Financial Finan Finan- cial cal markets fell and rebounded wih with bewildering frequency Thursday Thursday Thur Thurs Thurs- day as Europe apparently stood at athe atthe atthe the he brink brn of t the war precipice and hop hopes hope's s. s still sti persisted peace would be maintained Stocks tumbled 1 to more than 5 points in the first hour only to tout put ut on a qui quick turnabout turn about tu-about before midday In which exeme extreme losses were substantially reduced or erased In i many cases caes Dealings were orderly ordery on the retreat and with the up pick-up buyIng buying buy- buy ing ng was wa sufficient to cause cuse the ticker tape to drop dop a minute behind behind belind be- be hind lind floor foor trades for a brief in- in erval teral There Tere was a subsequent slow down slow dow and final fina prices were well wel mixed Heavy Hevy Turnover Transfers for the five hours ap approximated approximated ap ap- shares largest largest lagest lag lag- larg larg- est turnover in more than tha a month A burst of short covering com com- bied with wih speculative buying by tose those who believed the market may have been oversold in Wednesdays Wednesdays Wednesday's Wednesdays Wednesday's Wed Wed- rout rout followed unconfirmed unconfirmed firmed rumors on the floor foor of ot the stock exchange that Polish Foreign Foreign For For- eign eig Minister Minster Beck Bec was wa flying to Germany Gerany to try tr and adjust the threatening rift between the nazis and the Poles over Daig Danzig This stimulant though was short lived shor and from then on the list lit inclined to mark time tie while retaining a portion porton of its Is comeback U. U S. S government and foreign dollar dolar loans loas weakened in the bond department Foreign Marts Fall Fal Markets Market at London Paris and Amsterdam took a nose-dive nose in the morning and d aside from a fairly resistant tone displayed by American American Amer Amer- ican Securities most ended well wel on the downside The Bank of England as a precautionary precautionary pre pre- cautionary move boosted its discount discount dis dis- dis count rate from 2 to 4 per cent Dollars were in much demand but the British exchange control managed managed managed man man- aged to hold sterling about even Wheat was wa strong at Liverpool and later at W Winnipeg peg and ad Chicago Chi Chi- cago This Th staple however eventually eventually event event- slipped in the latter later two cen cen- At Chicago the te cereal emerged unchanged to off of 5 8 of ot ofa ota a cent cent a bushel Corn was off of 4 to 1 8 11 8 18 cents Cotton Coton in the afternoon alt aft at was unchanged to up 40 cents a. a a bale Among the better share actors were Bethlehem Steel Youngstown Youngs Youngs- town Sheet U. U S. S Rubber Montgomery Montgomery Mont Mont- gomery gomer Ward Boeing United Aircraft Aircraft Air Air- Ai- Ai craft craf Anaconda Phelps Dodge Western Union Unon Great Northern Union P Pacific Philip Morris Moris Phillips Phillips Phil Phil- bide lips Petroleum and Union Unon Carbide Car Car- Climbs After Aler Slump Du Pont off 3 at one time posted posted posted post post- ed a gain of if about 4 after mid mid- day General Motors Chrysler and U. U S. S Steel held to the neighborhood neighborhood neigh neigh- of Wednesdays Wednesday's close cose Inclined to give ground were American Aerian Telephone American Can Eastman Kodak U. U S. S Gypsum Gypsum Gyp Gyp- sum J. J C. C Penney Loews Loew's Dome McIntyre Porcupine Douglas Aircraft Aircraft Air Air- craft and Allied Chemical Backward in the curb were Aluminum of America American Gas Lake Shore Shore Sherwin Shern Williams Wilas Wi- Wi Wil Wil- hams liams las and Carrier Carer corporation |
