Berlin, Nov. 10.
Except in. special cases, notably banking snd shipping shares, all [prices stood higher at the end of the week than at the beginning.
Both in shares and fixed securi-les this favourable result is unmistakable attributed to the relaxation of the tension of the international political situation, The upward trend began on Tuesday with the announcement of Sir John Simon's speech about the Saar Guestion in the House of Commons, fand was then further strengthened the exchange of views between French Foreign Minister Laval and German Ambassador to. France also about the Saar.
Indueing the Government to place Recovery prospects before Reform seem to be gaining steadily in Strength, while competent observers in the United States seem to feel that (a higher rate of industrial] activity will be experienced during the balance of the year and that higher prices for common stocks may well be the result during that period The oft mentioned focal points of balanced budget and the currency re still highly uncertain matters and it is quite apparent that Ad. ministration makes. its intentions clearer on these subjects than it has to date capital will continue to rest inactive in the vaults of the Federal Reserve member banks rather than to trust Itself to the whims of a frankly experimented "Administra As for security prices, there nothing in today's, situation which] material increases are imwould" lead one to believe that by the higher price of gold, states Henry Schroder, the economist, in of article appearing to-day in the "Quarterly Review."
Apart from stimulating production in West Africa and elsewhere and eliminating fears of a scarcity of the metal, the prevailing price, he adds, will increase the buying power of certain countries, especially in South America, which have been hard hit by the fall in commodity prices. This fu turn will give them a fresh lease of business life.
Russia, he continues, is prominent among the countries profiting by the In the Rice Market local prices have advanced all round owing to better demand from the inland dealers fand algo because of arrivals from the market there is,
Text read from the printed page and cleaned; old type leaves the occasional error.