OCR Text |
Show PRICES OF STOCKS UNDERGO SOI READJUSTMENT--- "War Bride." Arc Being Deserted at Result of Peace Prospects. j By Associated Prasa. j NKW YORK, ct. 12 On a very pra- nounced expansion operations In the 1st nv k ma r ket this - wesk under wet it - f ur' I ther readjusiment of quoted values as I a re ul 1 of fort-Ik n military and political 1 developments. , The cleavage between eo called war shares and those most likely to be strengthened hy tbe collnpae of the cen- 1 .lial power became more marked, ship- , ptngH, oils and utilities gaining from i to l.'i iKltita, while "war itrides" reacted in some Instances to minimum prices of the year. Kail preserved nn even balance, evincing evinc-ing ncgft'ct, until the lutter days of the week, when transcniitliif iituls, grangers, cnaltrs and low priced Western and Southwestern Issues Jumped suddenly forward at galnn of 2 to 5 points. l'fsplt the previous week's enormous expansion of local hank loans, due primarily pri-marily lo l.ilwrly loan requirements, traders In the more mercurial specialties again had little difficulty in obtaining accommodations for the furtherance of their bulliwh commit ments. The onlr- direct reflection of the lm-pref" lm-pref" ve ad vie en from uhroad waa seen in tin- continued decline of exchange on virtually it II the. neutral countries. Remittance Re-mittance to France alo eseed on cessation cessa-tion of 1 lie recent Inquiry for bills on 1'arls. Railroad snd Industrie! conditions Indicated In-dicated a ellKht halt. althmiKh earnings of the leading transportation syntems were in keeping with the very favorable returns for August. (leneral mercantile conditions were reported re-ported an quite aatiRfnctory, shipments of textiles thus far this month exceeding the litrRe volume" of the corresponding month last year. ( |