The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-01
FINANCIAL REVIEW
OF THE PAST WEEK
Stock Market Moves Toward
Broader Strength After
Reaction.
BUSINESS Is EXPANDING

'''
Under the conditions which the war has
brought about infa,ionary forces have
been producing queer results and no.
where more curious than In the specula-
tive markets. At the same time IL Is
reasonably probable that despite occa-
sionai digrcssions into a one sided and
t%"phcavy condition. the Improvement OF
the Wall Street stock market will he
along the lines of recent recognition OF
the enduring merits of staple investment
and speculative mediums. Last weeks
Wall street vents pointed rather strong
~ to this conclusion.
:. few weeks ago overcxtended spec
ulation for the rise in the war muni-
ton shares encountered "a disappointing
surprise. Largely in ecu Of the
emphatic EARNINGS addressed to head
long public gamblers who were crowding
into this part of The market and as n re-
suit also of commission house efforts 70
cooperate with the banks In preventing
further speculative congestion In this
quarter Of tho list. a selling movement
started which uncovered "A very thin
market for the war order stocks until
most Of them had accomplished "a very
substantial reaction. On the slightest
encouragement, however. buyers rushed
back Into them and the correction of
,,,a..,, ""' Wv "'''
'.r..". 80 ~ 49, .,,s.
their COMMITMENTS to rails. coppers and
other more backward stocks last month,
but the crowd, sun continued to thronC
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a., M
w W. ~ "
a,,,, f., So, 49, ,..n
In, ,h,, ,h., 80 s,..I" IL III =,
In ,r,,i,, s, - a." ~, "., ,,au
a., 49, -. 49, S.",,.'i
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im', '",,s, 80 80, h ,m,s,
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.el,,,.s g., ,bc v,r ,,c,,r
Tberc yorc irdi.,tors .h,, tho
n..rc di,russi,ns wbt,b brnLc an
y, rho h.yiunine az Tho vol w,r. TOO
anor,.,t.,II, n,n,,.,.I r,, H. .,.ciu,
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49, -" -,
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49, a 49,,
'""S w. '','' "-'''"7 "'' ~
.'"' ''"''''u WI '"' war ~ N's u s'S"'
rs on previous o''i>'oh' ~ I've '"s'
year German agencies "cI" primarily
reslonsih'c Tor asserting "A prosper ~
early peace because II is Germany
which still has the advantage Of hiI'-
tary ascendency. an advantae" whhh
the further iaItH o. time may take
away. tnffvorably as events in tn
war nave marched for the Allies lately.
having regard TO the Balkan area only.
III. Allies themselves appear only t" he
preparing fol "A more Vigorous prose-
cution of In. conflict.
Neyerthc,.s. whether peace g. near
ar remo,, T.. sudden and rather forri-
h,o dirortinn ,f Mall stree, .ttcnti,n
10 /, had the effect of pr,cipitstinv An.
oihsr sham hr.,L I'm rho war muui,j,n
Shares mi s,in,ul,,iup fairly hea>,
I,uiJ,tion which cmI,,,,rilv ,t le,st.
,,ii.y,I tho ,nnycstinn in ma, uu.,,,r
tn, r..d of su,, a., ,eli.c was again
,rn,oI Ia. fin. ssps,,iv.nsss whic,, ,h,
,.l Ia, I'LL, ,, Il, ma J.rar,nau, :,
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u''' -" Us
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y" '".,''s 'upr's to"" it,
70 'n' oIoWu W"''n M"S w ,nrSc
S'o'Ns ne NN'o" i"',, Ioe'".",-
was 'nontn ~ '"o'u - s,"hS. VI ."e