Show 0 p 0 0 I TICKER R NEWS I p o. o 0 New Xe York York March 13 During During During the we week k just closed the route of or the tho to late bears who sold Bold the thc market short near the thc bottom bolom was completed Tho The general general gen gen- eral cral realization of ot steady improvement in hi trade position of ot Great B Britain was followed by a quick rise ris in the thc pound sterling to well wel above 70 As other European exchanges are arc largely b based o on tho tim British credit structure there tero was a similar Improvement In other othe rates abroad Tho The favorable supreme court decision on tha thi to stock dividend case caso and the Kansas Cansas City Cay railroad valuation resulted in a a. a bear panic There was wa some Bomo good Kool profit proUt taking taking noticeable on Wednesday y and Thursday Thursday Thurs Thurs- hur day but the market stood the tho test well el What That wo we had to say about time tho banking ankin situation two weeks week ago aso has been bech thoroughly proven by the thc freer supply of mono mooney money We Ve do not expect to see sea easy monc money but think tho the IS 15 per percent percent cent mark reached Friday is a n temporary temporary tem tern rate due to income tax requirements require require- ments ment Tho The bank statements this week was as as good as could have havo o been expected ex ex- under the thc circumstances Whelan an I 1 I I I 1 New York 11 Financial News says says says- Real Heal progress In commercial liquidation liquida liquida- t tion ton i on would o U I d probably an automatically to m ati call remedy the credit strain and accumulate late investment funds to go SO slow and andI nd protect commitments against sudden Budden declines duo to readjustment Western Vestern Jue wires went vent down in th the storm Frida Friday afternoon just as tho the marl market ct started in iii if for its ilS closing break The Tho liquidation on tho the money 4 arket trouble was therefore much i h reduced educed in volume Many stocks arcery arc are very ery cheap except for tho money alone menaces but no great improvement Inthe Inthe In imi the he money moncy position is expected soon Tho The argument that it will wil at once clear ellar is up after Monday Monda tax payment pi Morse Now ow York state executive leaders planning direct tax to provide pro for soldiers soldiers' bonus Duns Dun's reports 19 commercial failures In United States Slates this week against 16 last week and last year Average price 20 ral rails 7 G off or 20 0 In industrials 85 ot Or off 1 12 12 |