Salt Lake Telegram | 1919-10-04 | Page 14 | Banks of Country Make Record Clearings

BANKS OF COUNTRY I MAKE MAIE RECORD CLEARINGS General Conditions Good in Spite of Some Deterrent Deterrent Deterrent Deter Deter- rent Features By Associated Press Preas NEW YORK Oct 3 The S.-The The strike stringent ent money conditions condition with call can loans fluctuating between 6 and 15 per lIer perI I cent t. t and increasing anxiety regarding ithe kh h health of the country's chief executive ex cx- costIve determined the course of this weeks week's but very Irregular ular stock market marlet Of these factors the latter was perhaps perhaps per per- haps hapa the most effective in causing a sharp reaction from the higher trend of th the early week although the erratic movements of several speculative issues notably Crucible Steel also contributed to fo the setback Judge Gar Garys Gary's s testimony before the senate committee provoked considerable discussion but Wall street teemed seemed to lose none of its faith in a satisfactory settlement of oC the the- labor con con- Rails Ralls were were intermittently active and andi i strong the demand at one time embracing embracing embracing em em- bracing high grade grada shares as well wen as the speculative group but all tims tim's fell Cell back in th tile general reaction of yesterday The investment situation was the most encouraging t feature Liberty bonds re retaining retaining re- re tamIng much of their recent strength while several new capital issues mostly f n of moderate were read readily II 1 ab ab- t In their reviews of th the week leading mercantile a agencies refer reter to the pro shrinkage In certain lines of trade crade but record bank clearings clearing's continued contin I to be made at the leading reserve centers of the country