Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-10-14
WAR Panic AbROAD
Rum0r From the Dardanelles
StirS Financial CenterS.
QUIET RESTORED IN BERLIN
Partial Restoration of Confidence
Reported From Paris.
LONDON MARKET UNSETTLED
Wheat Market in Chicago Shows
Wild Fluctuation, With Higher
Prices the Rule.

PARIS. October 1.-THE concerted
efforts of French financial leaders and OF
the government to check what is called
/ an unjustified panic had some effect or
the Paris bourse today, the market open.
ing generally higher. A note of more
confidence prevailed and important
stocks made quick recoveries. French
rentes opened at $50 and lien rose to
ss.72- Rio Tintos We're quoted 1888, a
| rise of Is points.
Some realizatiOns at midday momen-
tarily checked the advance, which. h :
ever, quickly resumed on persistent re-
ports of the signing of treaty of peace
between Italy and Turkey The close was
quite firm. French rentes being quoted at
SS95, or PRACTICAL yone franc GO cents
| higher than Saturday. Russian and Turk
ish bonds We're in demand.
Checked in Berlin.
BERLIN, October 1.-THE panic on the
Berlin bOurse was checked today by the
energetic action of the leading banks,
which, after meeting, announced their
Intention of taking over as far as pos
sibie everything thrown on the market.
This step led to slight recoveries. Opti-
mistic reports also were in circulation in
connection with the Turco-Italian peace
negotiations.
London Market Erratic.
LONDON, October 1.-THE stock ex-
change here today. while much quieter
| than Saturday. was still erratic, dealers
awaiting the opening Of the continental
bourses. In the meantime the situati
in the Balkans caused loss of Is in con-
soils, establishing a new low record of
72st.
tainty. Rio TintOs touched 12;s. then 711h.
Canadian Pacific opened at 267, dropped
10 266le and then jumped back to 269.
Other American securities remained at
about Saturdays level pending the open
ing of Wall street.
Upward Movement in Liverpool.
LIVERPOOL, October 14-On the
grain market today wheat futures opened
at about rs higher on decrea sed Russian
shipments. They then advanced sharply
on heavy buying, shorts covering on Tur-
keys reply to the powers. Fears as to
the closing of the DardanelIes also stim-
ulated the upward movement until an ad-
vance of :;5s was reached There was
also an advance of I'D for December, but
March prices reacted on realizations. al
though they became firm again on Lon
don shorts covering here. A nervous
feeling was shown. but there was no ex-
citement.
Wheat after numerous fluctuations de-
clined further realiZat tions, but closed
! firm at 1ha23s advance from Saturday.
Sales totaled 500 loads. Maize was firm
at lad TO 2l4d dearer. Sales, 80 loads.
Chicago Reports Wild Fluctuation.
I CHICAGO, October 14-Excitement over
rumors that the Dardanelies would be
| closed led to- wild fluctuations today in
| the wheat market. The opening was 1ssa
| Ia To 2&laZ7s higher. Heavy sales to
| realize profits carried the market quickly
+, back liz from the top. December wheat.
which closed Friday at 931za933s, started
/ today at 49, to ?51., touched ..y,. and re.
acted TO Hasa9is4.
! May went up nearly :: cents TO above
! the dollar mark, and then dropped to %