Salt Lake Telegram | 1923-02-18 | Page 25 | Many Financial Features Loom

MANY FINANCIAL fEATURES LOOM NEW YORK Feb 17 1 By Dy A A. P l' J sharp harp upturn In stock prices price which carried the averages to new high levels level for tor the yea year the high marks marka oL and nd nd only slightly below e last year a new now high record for tor ster sterling al' al exchange of ot 6 since the peg peg was wa re removed re moved In March 1010 and and a a. sharp rise rie fo tol lowed by a severe break In tn raw raw sugar augar tu f. tures ture were the outstanding developments development In last weeks week's financial and commodity t roar roarke r. r ke ket ts v Stock prices were bid up briskly apparently appa on the theory that domestic condl conail enty lions are sufficiently encouraging to Warrant War several months of ot burin buel buelo rant at least prosperity I t regardless eg I o of happer a. a s ial ialo abroad rh Cho principal I constructive on tv stoc developments dunn durin week Were market development ot of record ar loadings fur further further continuation a. a I ther advances In the prices price or of steel rubber and sugar crude oil more than of statistic tha publication cottOn spindles spindle In I operation for fr forthe colon of 01 easiness money time and the first firt demand OT funds rates rate with an enlarged fUn for The commercial approach o purposes sterling exchange et to in p par reflects f the steady e 4 British I ity trade trado l balance the rise rille being also aillo by tho b lag Ing made In the British debt funding neg nel The sharp harp recovery recover from th ex cx cent In German low of ot to despite another huge hug weldy iS in mart marks circulation depie which c carried the thE total abo aboe J th the two trillion mark obviously Ja As me tIle he re ro ro manipulations ff suit or of f German government slightly r a. U UThe exchanges were h ty other slight firming of ot money rates In this The center was wag duo due to the heavy demand for forI market operations brokers brokers' funds f for tor r stock tock being estimated as high as 2 24 I loans loan again 1 1 la is now on ott a 5 a perl Time money per perI percent maturities basis for tOI all cent baI 11 I holds steady with the bet best name name paper naper commanding C 4 14 per cent