Show STOCK MARKE MARKET 0 EMO RALlIED I Prices Go Lower and Great Confusion Exists in Spec Speculative Speculative Circles COPPER GROUP VERY WEAK UNEASINESS OVER CONDITION OF STEEL TRADE New cew ew York Feb 25 There Th e was as an abrupt cading of ot the In stocks Mocks today toay strong rally which developed yesterday The reaction reaton reached a violence In some quarters that paralleled parlee the demoralized breaks of ot Tues Tuesday Tuesday day da and ad In the stocks stock most affected car carried ned lied them to lower prices than tha were touched on the previous break brak Specula Speculative five tive opinion in consequence was much un unsettled settled again ngan and great geat confusion was wa shown In the currents curent of ot the market market A Araton reaction raton after ater a a rally raly from tram a severe sever da du dadine d dudine dine cine is usual usua and is easily explained from tram the same sae satisfaction of at the demand of ot otte the te bears beas whose necessities to cover to shorts aborts short always result resul in a a sharp shar rebound from irom a a sudden gudden relapse In prices Tile The Te re reaction reaction action acton today toda however was somewhat early In developing and proved more vio violent yb 10 lent Jent than was anticipated anticipate The renewed heck to the decline and the later waver wavering wavering ing of ot the te market with wih the decrease decre se in the volume of ot trading were normal nora symptoms symptom ket of of the after atter effects of a liquidating mar market markt market kt The special point of weakness was va the rapper ropper group croup of Industrials Shutting down of ot copper mines to limit production a coming open market for tor copper similar simia to t that Inaugurated in the steel market and damaging competition were some of the features feature Foreign Forell markets market seemed no notably notably tably impressed by the th rumors owing to he the known know weakness of the statistical po position in the copper trade Heavy Henvy selling for foreign account of at Amalgamated Cop Copper Cop Copper i per was a main factor in breaking its price In the railroad group Reading Heading proved especially vulnerable This stock stocka nas cas a advanced advance week after week on the strength of predictions that the supreme court cour of the United States would hold the tho commodities clause clauie of ot the Hepburn Hepbur rate law Invalid tow Now when the belief belet has gained currency that the supreme court ourt may approve this law Reading Beading can cannot canot canot not ot bo be exempted from any an unfavorable effect by b assertions that It I it h I not a a party part to the suit suit The rho Te condition of the steel trade remains a source of ot uneasiness to the speculative element element The determination of the prin principal cipal interest in the trade to make Its It prices effective in securing business showed that the te ultimate basis of the set settlement Ulment remains to be defined de tined There was hot much expectation of any an clearing of ut the speculative outlook until some ap approach prach to stability should appear in the steel trade After Ater the decline In stocks stock was war WI decisively arrested areste prices fluctuated uncertainly y for tor the rest of ot the day da Bonds were Irregular Total Tota sales par value ahle 4 Oo United Unie States bonds were unchanged on call cl Stock Quotations Sales High Low Close Cose Amal Amal Copper 16 DO T G t Am tn c F 40 49 47 4 3 46 46 4 referred fer 1 Am im Am Cot Cot Oil 01 s Am A H II L L 1 pfd O 37 3 5 35 Z Am Am Ice Se SeAm S 0 25 21 22 2 Am Linseed Linse 4 4 0 12 L 12 1 i 1 12 4 Am 1000 10 i 48 4 SOU 5 50 Preferred 2009 0 18 1 Am 3 S R It 00 S1 79 93 79 Jr 1 I 1 1 1111 Am Sug g R Rots Reig i TO 1 i i Am Tob pfd WO 1 SI t 91 U 91 31 I IU Am U Woolen f 00 27 2 27 Ana Ana MIn Mm Co O 41 4 SS 8 38 3 Atchison 1 M 9 l Preferred 3 1 1 Wl 11 i At At C Line 10 14 14 u Ohio 5 IN IN 10 f Preferred 92 9 t Rap Tran 1 71 7 K t 7 f r Can an Pacific 2000 20 10 USI 10 Cent Leather 2 2 28 Preferred lt C of at N J Jc JC c Ohio en 6 63 6 64 C G C 1810 1 7 T 6 I 6 C N 2 AV W V r m 14 14 4 C M St St P 11 HJ 1 C C C C tt St St L 1 I 78 1 1 70 30 7 72 C F Iron Irn 51 31 39 79 3 31 al Colo Cob 40 il i 1 61 t 61 y First pfd e 81 SI S 88 SITS S Second pfd O TS TS 77 78 73 S Con Can on Gns Gas 2400 40 l 1 12 Corn Cor Products io 17 I 17 17 Ii IiD Del D Hudson Hudsn 1100 10 I Ii D R It G 0 3 5 4 i 4 41 41 m Preferred iJ S S S1 SV 84 DIs Sec 1600 3 b 33 33 38 Erie 59 59 21 S 28 3 First pfd 41 41 M 41 4 Second pfd pM 10 3 32 31 Gen Electric 3 li Ii f Gt Gt Nor pfd 17 lm 34 ll lS Ot at Nor Ore ctt 0 90 1 Ins Ills Cent Central li Ui 1 13 2 13 Int Met 19 H 11 Preferred 4 4 38 3 Paper i 1 Ie 10 10 4 5 00 5 1 iO 51 Int Pump lm 34 3 38 33 Iowa Central S r 27 27 7 K I C C 37 3 38 31 36 Preferred 16 1608 1 8 S i 8 L L Nah Nash 1 17 Inn St St L 1 54 4 54 it 4 Minn St P S Inn Ste Ste M 1 13 1 Mo Pacific SIJ 0 6 67 d K K T 8 38 3 f 37 2 Preferred 7 72 Nati Lead 65 1 3 71 72 N Y Central 6 1 I IY 12 Y O 0 W V 2500 44 43 41 o 43 Nor or 8 2 I 8 S 5 1 No 0 American 7 78 78 i 79 Nor or Pacific 6 1 1 Mail Ial I 1 14 3 V 38 Pennsylvania 18 1 Jil Peoples Oas Gas z 2803 1 10 P C O C St St L L 1 10 87 m 87 87 r P Steel Car 1200 1 12 37 al 31 r 3 PuL PL Pal Pat Car Cr ia 1 Rv Ry Steel Sp 41 4 41 u 41 n Reading 1 lt 12 Rep Rp Steel Stee 2 WS o U 17 1 18 18 Preferred 7 70 f 1 t tok rk Island Co 2300 2 14 1 31 Preferred 3 d dSt W 0 i i St L R S S F d I r WO 12 1 27 T 37 30 i s V L s w 2 21 20 30 Preferred 43 49 S S B S Iron G 70 o 70 0 So Pacific 36 1 Preferred 3 1 11 So Railway Rai way 2500 f 21 2 2 Preferred 0 Il 61 r 6 61 Tenn Cop m 37 56 33 38 3 r V 1 Pacific 2400 4 M 3 30 31 1 T St St L W AV 2 m ii 44 4 45 ii Preferred G 66 6 66 G 65 Won Pacific 17 13 li Preferred 95 I 1 r S Rubber 29 28 First pfd io 1811 4 lo i ir I t r S a Steel 4 4 4 C U o 42 Preferred Pret rf 1011 lO 10 tta Copper 1600 1800 1 4 33 i 38 Va Va Caro Chem Cheat Cher r 0 43 41 4 42 Preferred 10 US 15 11 15 1 1 16 1 4 1 16 16 iW 48 41 42 4 42 V t Elec 1118 76 75 7 if 74 Weste Union SOO v t 64 64 6 64 tH AV 8 L L E N NAVIs S 9 AVIs Wis W Central Centa 43 43 4 41 C U Um I Am m T T 1900 10 1 1 L Total sales sa for tor the day shares share |