Show RUNNING OFF IN STOCK PRICES Extensive ve Selling Movement in inWall inWall Wall Wal Street With No Sup Support Support port por for the Market GENERAL PUBLIC DOUBTFUL HARRIMAN INQUIRY CAUSE OF APPREHENSION EH New York Feb 27 The stock market was as unset today toda by selling of the same extensive and varied aried character as that which broke price pric on Mondays low level for the year ear Yesterdays rally had hod given the thE impression that Mondays selling was largely for professional short account To days selling had hd much the appearance of liquidation and a d the market was in the tho thome same me unsupported condition as on Mon Men Monday Monda day da a fact which accounted largely lare for tor forthe forthe I I the material Inroads on prices oriels on corn com comparatively con light selling seln It was ws general generl generally ly I held that the developments at the In Interstate Interstate interstate commerce commission Inquiry were responsible for or the th tone of the spec speculation sp It I was not any an Immediate item Iem of information disclosed that prompted the selling of or securities but the the fears of the ultimate consequences growing out of the Investigation The recognized aim of the Investigation Is 15 to demonstrate the desirability or necessity elt of more stringent control oves 0 rail railroad ri railroad road companies by the government es cs especially pelal In the matter of Issues of capital and purchase purchaSe of or stocks In other proper properties ties tics tic on oil oi account of the tle bearing on the freight rates rateR charged hared which these mat matters matters ter have ae It I Is ie believed that so far as upon the public mind of those concerned the Inquiry will wi have hae havethe havethe the effect of strengthening the contention of the the government nt substantially I an of furthering the efforts to secure legisla legislation tion to secure those aims aim The acknowledged acknowledged edged eged effect of the hearing on the mind I of observers Is that of an exercise of or In Individual Individual individual power through the resources of the great railroad companies that seems invincible The showing Is Imposing even to the theal Wall al street mind which has some famil familiarity with the conditions and views them with wih the spirit which custom breeds A decided growth in the agitation for re restriction r restriction and control of corporate powers Is expected Some disturbance was caused aused to sentiment by supplementary tumors rumor of Interest Inter st felt on the part of the stockholders of some of the great railroads in a movement parallel to that In the Insurance companies following the Insurance Investigation These rumors were poorly defined and were given their principal influence by b associating some someo of o the names hame presented in the campaign I against ag the old Insurance control In the alleged plan for the thc new nt crusade of ml mi minority stockholders Additional legal re restraint restraint upon the fiduciary activities of railroad directors and executive officials were the method of procedure The Thc news nEWS of ot the passage by b the senate of the the Aldrich currency curen measure was s of d disappointing effect on the market There Therewa was a momentary rise In the opening dealings wa but prices promptly sold off again with a growing downward Impetus The average level lever at the th lowest lowet was rather ThE lower than was s touched t earlier earler In Inthe Inthe inthe the week wel The average was affected by acute weakness in a few prominent stocks There Th re was some extensive buy buying hu huing ing jug during urn thi tu final hour which to be b by th tb boars bears ars It I had hal 1 the effect of steadying the market but bitt b there therE were no Important recoveries Bonds were heavy Total sales par value lue call United States bonds were wre unchanged on call |