Show RESPITE fOR EOR K DAY Wall Street Has 24 Hours in Which to Breathe and Pre Prepare Prepare Prepare pare for Next Struggle BROKERS LACK CONFIDENCE PROCESS OF CLEARING UP CON CONTINUES CONTINUES CONTINUES New PW York Y rk Oct 19 The close of the theto two to hours session of the stock exchange today was greeted with relief as the end endot of ot a troubled and anxious week The breathing spell over over the week end Is looked to with satisfaction and with hopes of ot a clearing up of ot troublesome factors and a reestablishment of ot confidence confidence confidence dence That confidence was still lack lacking lackIng ing tug today was shown by b the feverish and ana uncertain fluctuations of ot prices price There were points of ot some resistance r istance In the market and occasional marked rebounds In prices but these ran out o t in wild and hesitating fluctuations ns which brought no assurance of ot stability The whole mar market market market ket sold off oft to the lowest of ot the day In the final dealings and closed weak These prices are as a rule the lowest made in the stock market for tor several years ears past In the copper stocks Read Reau ReadIng Reading Ing Ine and the there was evi evl evidence evidence dence of Qt urgent liquidation again and It was believed that the tho selling out of o loans In the process of cleaning up that thatIs is being pursued by the banks is still In Jn progress The bank statement dis disclosed disclosed closed the progress s of this policy al although although although though the lS loan contraction was considered exceedingly moderate In view of the drastic purging that has been go JO goIng JOInS going Ing InS on In the stock market during the week eek The item that attracted most atten attention attention attention tion was aas the addition of to the ash cash holdings of ot the banks The known mo movements of ot currency for the week fur furnishes furnishes furnishes no trace of o the source of ot this gain The fact at of this accumulation made some Impression as an evidence of o preparations by the banks for possible strain and the greater strength thus secured to the bank position did not avail to hold holt the stock market from Its final decline The narrowing of ot the excess of ot loans over deposits which the weeks opera operations operations operations have hao secured for or the banks was regarded with satisfaction as a step i towards the correction of a condition which Is one of the most striking evi evl evidences evidences dences lences of o the strain on credits The fact that the tile clearing house committee was In to session and the surmises as ns to the field of o its further possible activities was wasa a prominent factor actor In the unsettlement of o othe the market Bonds were weak Total sales par value lalue United States twos registered have de declined declined the coupons U the fours tours reg regI I 1 lh and the coupons 1 per cent on call during the week |