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Show MARKET TAKES UPIRBli Signs of ? Turn for the Better Are Noted By Financial Observers NEW YORK. Jan. 8. A lively ndl j di ei-aifjed stocL market at BUbSts 1 I tlallv hieh r prices, a fair demand fori I bonds and affiliated pecurltles at ap-! ap-! preclable advances and other signs ofl I a turn for the better attended ihe Newj I Year in th f.nuncial iili;trlct There was no perceptible easement I of rates for money and the supply of I available fund- was again limited, I despite reported heav receipt a from the interior Tht best Judgment 181 j that the money market will show no! i pronounced change until lale this j month. I j Authoritative surveys and forecasts ! including the - lews of Dowrnor Hard-j I Ing of the federal reserve board, 1 I sounded an optimistic note In the I main, but these were I mpei J by al- Hustons to Ihe labor market wage reduction re-duction an.i further curtailment of industrial enterprise! Bankers urged I the need of economy and thrift but j disagreed with those observers who I j retflOtcd :i decSdl Of downward rom- modlty prices. Indefinite auapenslon of livid. -nds and mort -.nous disturbance disturb-ance to domestic commerce and related re-lated branches of manufacture foreign trade conditions, it 18. conceded, con-ceded, are becoming Increasingly com-I com-I plex and hazarduoic by the delay ml stabilising international remittances. I Recent bank failures m Bngland.j ! Spain Scandinavia ami Me. o are be- j lieved to have resulted mainly from I these conditions. Leading financial interests now have . under advisement an unusual number Of foreign undertaking- and heir consummation con-summation would automatically --' --' Ueve the prolonged strain on Interna I tional credits. |