Show UNCERTAIN TREND IS MANIFESTED IN INDUSTRY Take Advantage of Absence Absence Ab Ab- sence of Traders Slump NEW V W YORK AUK Aug 28 Aside g. Aside from froma a R. broader Inquiry mainly nt at higher prices th tho ho stock market this week differed from preceding periods of ot the apathetic midsummer season I Foreign developments as a. measured by the tho PoI situation were I more mar hopeful but Improvement In that quarter found only passing exI cx- cx i in tho the International exchange I market which again iain sagged under the Increasing weight eight of or remittances remittance I I for foodstuffs cotton I More foro promising crop prospects and higher freight and pa passenger enger rates rate tl gave Jave a R. decided impetus to the demand for tr transportation stock stocks Those se securities so- so together with numerous low priced railroad bonds were cre almost tho ho only onty issues issue to lo stand out In the weeks week's hesitant movement Trade reports and ad advices c s continued to stress the uncertain trend In man many liDOS linos of ot manufacture Conflicting ru rumors rumors rumors ru- ru mors were current regarding reS-Ardin the thc 1 status statU of or the automobile Industry I While business aul authorities say the crisis resulting from rom conditions conditions con con- h his has s been successfully overcome over over- come tho the federal reserve board boud and conservative financiers as a a. whole evince no position to change chanso their Ion long sustained poll policy e of credit re re- re There is II reason to believe however however however how how- ever that negotiations for the placing of ot several eral foreign loans other than thana a new J. J French ench obligation ar are taking I concrete form torm These underwritings I It is ill assumed offer unusually II attractive returns to American In In- In I Apropos of ot new international financing the July foreign trade re report report re- re port offered food tood for tor reflection in the heavy falling off of or merchandise ex ex- ports Excess over Imports as compared compared com corn comI I pared with the the corresponding month of 1919 showed a decline of or almost 60 GO GOper per cent |