Show BUSINESS PICKING UP IN MARKETS WJ FINANCIAL REVIEW NEW V YORK Aug Aur heavy 16 16 Heavy H selling tor for both accounts account upper upper- based on the th belief many Mocks clocks had been over bought In the recent rapid advance gave prices price II a reactionary appearance during th the early carly days day of ot this thin I week ek This cor corrective cor telling selling subsided when the tho upward trend was le- le umed under the leadership of o the Industrial shares Except tor for the tir omission of ot the tho on Atlantic Ito Ito- fining Ro and Standard Oil ot of lan Can Kansas ass sas although trade trad news nes teas w favorable al- al al though the tho Improvement In many was slow elow Easy money rates rate and the th prom prom- Icing prom outlook for tor or earnings together the Iho possibility of dividends dividend on some Homo ot of the high grade specialties continued to furnish the main baI sis basis tor for the thead ad advance va nee Foreign political developments were clo closely ly watched but had lit little lit lit- littie tie tle immediate stock market effect cUcci In the th opinion ot of many or or There seemed seome to be b a dispositIon on the th part of ot traders of ot stocks anti and foreign exchanges exchange to 11 1 await a alt the tho final action of the tho th London eon con conference con terence ference before borore bor to dlo die die- din count count Its probable effects Indications that interests had been ben materially ly Increased sod In Inthe inthe Inthe the last two weeks were w r seen In inthe the tho rapidity with which the th volt vola volatile tile 1110 advanced upon the ap- ap l neo of ot strong buying sup sup- support support sup support port Public participation wa was relatively small mall although a II fair fair of ot so outside buy buy- buyIng buy nr Ing took place on the th coppers pUblic and a select elect as- as assortment as ot of rails blU of Ibo file ill oil shares shores re- re re reflected the th unsettled condition ot of othe the Industry Special buying took pIece ploce hower In the th Pan Pan-AmerI can issues probably In In expectation that the tho six months oal ment I ment soon to be bo published would show a a large larr margin 0 met o er the th dl 1 d nd I Leather and sugars showed signs ot of o accumulation tion Speculative interest t In the th rail rail- railroad railroad rail railroad road group was confined to a few tew issues notably lIlo co preferred and the tir St Paul Issues |