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Show BETTER MARKET I STATUS SHOWN Mid-year Readjustment Accomplished Ac-complished Without Strain In Finencial Centers new YORK, July ip.-Prbnouitced Improvomenl as shown h the flniin-; c!al mtirltet this werk on an :ilmo3t steady rise of activity as well as prices , MUl-v.-ai reailjuutnionts were aeeom-j pllshe.l without stra'n. demand loan! rates easing visibly as heavy Interest, and divided payments found new j channels of Investment. Most Important of these were thei Swiss government loan of $23,000,000 at eight per cent and thr Armour, company note Issue of $60,000,000 placed on a 7 per cent return, hoth ' under writings itein 6vsfsubscrlbed n I short order wall street seemed 'o pay little at-j Itentlon to the outcome of the Demo-j c ratio national convention. Reactionary tendencies In general lines of business were less marked .In the preceding week. Bankers1 werf Inclined to believe that June'sl business reverses, the hr.ivle.-l In 1S months would diminish In the current period. Crop prospcrts continue extremely, premising It is to early IS the opinion of stud- : ents of international condition to pauR'e Ihe financial effect of Her- manjrfl accept&nCQ of the allies' disarmament dis-armament term. There are broad ln-tlmatlons. ln-tlmatlons. however, that rehcffrom this tension may pave the way to a comprehensive plan for the refunding of foreign credits under guidance of American bankers. |