| Show WAL STREET GUESSES NO io WAR AND SHARES RISE STOCK MARKET VOLUME DROPS By VICTOR EUBANK EA Associated Press Financial Editor Etor NEW YORK Aug 25 Wall 26 Wal street treet generally guessed no war Saturday and ad an early ealy buying rush rushIn In n the stock market pushed leaders up 1 to more than 3 points poInt While the te overseas picture picure seem seemed d a trifle tie brighter traders inclined to cash profits on the upswing up- up up wing swing in view of the fact a weekend weekend weekend week week- swig vew end is i intervening during durig which the he long dreaded explosion could occur The result was wa that activity slackened somewhat after the final in most opening but fi prices cases were vere not far t from the te best Transfer Transfers for r the two hours were around shares shares There Tere was wa a further furher mild md revival of the optimism which touched oil off Fridays Friday's rally ral as Hitler's terms tens for peace with Poland supposedly given give to British Ambassador Henderson Henderson Hen- Hen derson lerson at the te lengthy Friday conference conference con con- ference were delivered to the te government at London and ad Prime Pre MInster Minister Chamberlain summoned an emergency cabinet meeting for later ater in i the day Opinion Divided Although actual details detas of the fuehrer's proposals were not forthcoming forthcoming forth forth- coming during duing the market session session unofficial word from Rome indIcted indicated indi indI- they were much less less' drastic drastic das das- dras dras- tic tc than had been expected and might possibly lead to a compromise compromise compro compro- mise nilse that would avert another anoter world conflagration In addition additon the second Roosevelt message to Hitler Hiter was wa seen as a a constructive move to alleviate international ten ten- sion At the same sae time tie there were still sti doubters in boardrooms that der tag was wa not imminent and ad some speculative forces remained In neutral neuta territory notwithstanding ing the opinion of a a. a nuber number of analysts that war or no war w American Americ industry would main main- tam tain its forward stride In I the meantime the French Frenc called up more troops and all al frontiers bristled bristled bris bris- ted with wih huge military tons Lead Lad Forward Push Prominent stocks on the forward tilt tt were U. U S. S Steel Bethlehem Chrysler General Motors Westinghouse West- West Union Carbide American Waterworks General Genera Electric Loft Great Northern Union Unon Pa- Pa Anaconda American Telephone Telephone Tele Tele- Tele phone U. U S. S Rubber Montgomery Montgomer Ward J. J I. I Case Ce International Harvester Standard Oil Oi of N N. J. J and Texas corporation Bid up fractions to more than a point in the te curb cub were Electric Bond Share Shae Lockheed American AmerIca Ameri Amen can ca Cyanamid B and Standard Steel Spring Sprig Wheat usually up as a war threatens threat threat- teat teat- ens dipped further furter at Chicago and ad Bonds improved all allaround allaround al around led by U. U S. S governments corporation issues and a number of recently sick foreign dollar dolar loans loan Pound Poud Fluctuates With Wih support of the British ex exchange exchange e- e ex- ex change cage control withdrawn from sterling the pound again f mostly at lower levels The London bar gold rate was wa boosted to another record Business news remained as a an important market maket drop broer said Talk Tal of heavy buying in steel and ad copper copper was heard and ad next weeks week's wees wee's steel mill mi operations at Pittsburgh bugh were scheduled to start star at a peak mark mak since October 1937 although probably easing in i some other sectors That the financial district may have regained some of its it waning courage was seen In i the announcement announce announce- ment meat a stock exchange seat had been sold for up from froma a previous transfer on August Augut 9 S l jet Jet black finish finis custom white I i radio heater Perfect con- con ditton diton Private owner 6 5 So State Stale |
