Show JAPAN IS WORRYING a NEW YORK MARKET By WALL Ne New York April 20 Stocks Stocks closed heavy today after a session of great irregularity In which some material net losses were recorded There Thero seemed to be no especial reason for the selling Belling except a general uneasiness on the tho part pari of the public over the money am anti foreign situation situation for for Japan has now become to worry about Money was renewed at S per con cent but was offered by a leading leading- Broadway Broad Broad- way bank at 6 per cent In the after after- noon The west which has been bullish bullish bul bul- lish has turned against the tho market marke perhaps because time the federal reserve board is going going- to mako the western merchants reduce their credits Credit is frozen in commodities in the west not only those stored In warehouses warehouse but now in those that have been soland sold sol and are on the railroad tracks Hope for the tho automobile business was expressed by Colonel Colt head of the tho United States Rubber business who estimated tIme tho 1920 tire at It was i liz 1914 NotwithstandIng this enal increase Colonel Colt looks to for oven even more startling startling- growth in th time future The motor stocks were heavy today being depressed by selling o of General Motors Wall street blamed the stock ex exchange cx- cx change for the bill introduced in Con Con- ess against speculation anti and short selling It is the tho natural result of th the Stutz affair It caused much selling Judge Gary did not say there would woul bo be no extra dividend and he said noth Ins ing at all against the big big- stock such as the tho street has been ox ox- ox In fact his talk indicated that tha if it anything anything- Is done it will bo be In stock The buying of steel Is what the Street calls good Stock dividends continued to be little life there Is in the market Th The Brunswick Balke company announced announce ono of per cent today On One reason the Japanese situation Is taken so seriously is that Japan I is in position to demand about sold gold from tho United States This country has taken the tho position that gold must bo be paid on less of consequences The consequences consequence would be Interesting Interesting- Transcontinental fell rapidly as a re re- re suit of the tho announcement of a loan for Sinclair The short interest in the market 1 is because the affair has er encouraged en- en raiding raiding- Time The traders feel that there will be no more corners and ni argee ar- ar gee guo that even if there should bo he lh the stock exchange will come to the rescue So the real neal friends of some other stocks may have an opportunity to defend themselves against tho bears beans A bej bear attack in stocks now would al aid materially in passing lie tho bill propose In Congress against speculation C. C tic course the tho bill is absurd Germany ad act act- abolished speculation by la lavears law years vears ago o. It ruined business to sue suean such an extent that for a few years th the government winked at violation or of ID the law and then repealed It |