Show BANKS BAS STOCK MA l Statement Is W Worse orse Ti Was Expected by hy T Street l 1 nv nY A WALL wui New Now York Feb 21 Wan Wall Wall much more moro concerned over ovet th the o er b statement today than It statement tan was a over K market Tho The persistent selling t stocks throughout the tho thee e week k b by l 1 ir banking Interests 03 ns record In this column was a a broad hIt hint a bad bat bank statement to come roJe statement was wore than expect As tho the federal reserve Is I more moro t than point under legal leeal requirements and a commercial loans Increased during t week in the face of ot an t advertised tice de determination h by the bank to red red- ct them Wall Wan street sees lt little o ho hop nn any easier casler terms for Cor stock rowers towers The stock market stoel market b br r depends on th the money market i t for tot t tb time being i The Tho market opened steady i 1 and seady a I attempt tempt was made to continue the L yanco vance of oC the railroads This met t wit Indifferent success There Thero be bo an endless supply even of or th the the 1 priced rails mis and the suspicion Is 15 stron trot tro that pools are already trying trying- to t il out of ot what gains they thought thought we were hi ba bl i It is expected that 1 J 1 I the tha railroad bl bi will have havo trouble vl getting through c Co gress press and further trouble Ct through the White House When passed It will 1 find the and industrial world in the midst wholesale deflation of ot labor with b bo bat t employers and preparing f tc fc tho the fight over oYer wages that tat Is to ct en minato in September Amon Among the In Industrials the on oni strength shown hown was as In where some timid shorts w were ro It Ii uncovered One Ono of or these was wa Are Ame Amei can cnn Wool which was as advanced ad points In a few tew minutes minutes General II Mt tors tom was also strong but lost it Its Is a ac c vance Announcement of or the In capital by the Wm te Overland Willys-Overland coi cor corpany cn pany had a depressing effect on tt 1 market marIet The Tho close was without material change In any isai iss Tho The fact that the Federal bank has failed to bring about dation daton of or commercial loans is the has bai on which a a n ne new bear campaign Is b t lag Ins Ing started in the te stock market market T Tl Ti banks arc are in such condition that th thE must be bo improved and the only pla where liquidation can be forced ly h is in stocks |