Show s iN EA T 4 Selling Pressure Relaxes but bit Gain at nt Close MORGAN MORG STOCKS STaS LISE RIE V SPECULATION HANGS GS FIRE PIR OVER ST DEAL A 6 4 I New York Y ork Feb F b 14 There wa wu a marked marke relaxation today toy of the pressure o 0 sell l stocks st carried prices down downward downar w erre r ward ar yesterday est and ae prices price showed shoe p some recovery r overy tie e recovery n did not set in until the market marke had ben been tn further tested t by bv the bears causing general declines elne be below below low level level In consequence the th thenet net changes chang of the tb day are as a rule M email smal but mostly gains London advanced prices before the opening here herf but turned seller telI r after perceiving the drift of sen seii sentiment sn nt In New York and a few thou thousand thousand sand and on balance blun e There Ther WI wa ro zo 10 zoS S ery Very manifest cause for or the recovery al although although though a few usually obscure stocks Khow aggressive strength but the fact was very vry evident that the urgent pres pressure pre pressure sure Bure of speculative liquidation was waa 1 re T The bears beara bars who oM SM yesterday covered their contracts in consequence This probably accounted in great get part pr for forthe forthe forthe the show of firmness in the market make The bears bars have received too to many lessons les In Inthe inthe Inthe the a ast t few months not to have become rather rathe timid especially in the face of o the constantly constant inte at of f fur further further ther important finane al developments In yesterdays ct decline much wee was W made of the fact that the stocks generally in included InS S eluded in the J 1 Pierpont Morgan interests were Vera uniformly weak md a d tola til was aj to be le due to we the coming departure 3 of this financier on O his Ms annual anua vacation to Europe E As A though in reply r to these the theseS S considerations to the the stocks stoc thus py involved v v ere cre re all al supported re today tO including Fed Fd tl Steel Stel t Ee th th the i Wort Nort ern em and a Tube Tu The tharp tharp recovery in Ir h steel stocks served Kg an admonition to those thoe who have havet t our tour led ed te upon a break brak bre in the t group e The announcement of f the t of the steel Meet lel ni n iste ris is believed bU belI e 4 to t 1 b be fil but the th whole speculative world is II pro profoundly Jt us AS s to what hat the he terms will wl willbe b be r and an toe exact period rO they will b b he win Wi development ment hanging han over er the te market It there was WI hesi hesitation he ke tation ta t and Saud an more r or o leas lesa le apathy in Use the thet t t ratting There Tre was W no sign sig of ot Tel of f the heavy bovy bin buying by banking interests inta which has so eften seen been hen ih lIt evidence e f pro pre previous vioto to the th recent recen Q Electric was Ws at cos conspicuous aton for an me m of or 16 points ever last laatS S night nigh With a reaction of f 34 The r local lal tra lo Sugar and Tobacco To o were con Pic ply ly Iy strong string at times and au North ican Was a forced up lip 2 poInty SOT was waa lifted above ST if 5 None of these e gains were fully held and Dd the tone of el oft elthe tn t the 1 market mar t ae rather heavy bea at the 5 lose K ae ana a aiT the t vol volume ms of ot dealings very verT materially ma Sterling exchange W lower in I pH of the tb demand for br moneY mo n in London L Tier There The leIu lu In Ip railroad and nd prices e continued to o move irregularly Total Tota sates par PM value United S 8 41 t new l Is 4 Se advanced ad A Aper per cent each ea k on en the last J coiL call q Bond Quotations S Sr t r S ref re J C gen L 1 s s re ret h N P coup 1 N P s 1 I S 38 I N Y T C St V P S 38 coup L 4 1 V S new Is N W con L 1 S new MW Ore Nay Nav late S coup Ore Xav Nav ht 1 V t S old 4 0 S 5 L U S old Is O 0 S L 1 con i V 1 S 5 s reg gee fen 4 r I S coup R G 0 W J late t Dig Dis C Z St L 1 M MAtch MAtch Atch oM K 1415 con w e eAtch 11 Atch 48 92 St L i S F FYan taD Yan S lJ gen een ti tiC C O 0 I st Paul Paulc cons c S o 0 St P C CP P Is 11 1 t C NT N con St P C 0 8 P b bC C N S F So Par Pac 4 deb 5 I So Rail s s U UChi Chi Tern Term 48 97 T S R It T 18 s It 61 Cob Colo S 48 56 Tex S Par Pac Is 18 n 1 R G T P mi Erie gen 48 84 T Pee Pa 18 F W D C C is sAl Wabash h Gen Gm Else Elec 1 aDaSh nd Iowa 9 C lets IV Shore 4 11 1 N I lui 01 WIs C 81 o M K T Va Centuries II x i C 1 S Stock Quotations Atchison Third Ave AveS S Preferred 11 58 WabaSh 13 Bat Ual I Ohio 91 Preferred 51 an Pacific 9 w L E 5 Can an frn 56 Second oM pfd ft L lh I Ohio 11 B 5 O 0 pfd 37 I hi G W V 20 Nat Tube 66 c B Preferred Chi led Ind I L 31 Adams Ex Preferred American Ex x 1 Chi Ohi I E ii Ills Wis Vig Central 16 thi Nw United States II 66 C R I 1 P 1 c C 2 C St L 76 71 Am Cot on Oil Cob Colo Southern Preferred 67 First Fint pfd 4 Am Malting St Second ont pfd pM 13 Preferred 34 Dr Del Hudson a Am S I R Del Lack V Am m SpIrits n 11 R 11 G 41 11 Preferred 17 S Preferred M 66 Am Steel H HErie Erie 2934 21 76 FIrSt pfd 16 Am Steel W 12 reat ireat i pfd Preferred 93 93 A Hocking Coal 16 Am Tin 64 S Hocking VI Val 47 Prefer D DIll Ill Ili Central 1 Ann Am Tobacco Iowa Central 26 Preferred He Preferred 50 Anac M Co 41 Lake E I v W 43 B 13 R 11 T TS S Preferred 10 0 F I Preferred 1 Con Tobacco Lake Shore D Preferred S Louis r Nash Nast 91 1 Federal Steel 51 L 11 7 Preferred S I IMe SMet Met Me St Gee EIt Electric 1 Mexican Central 17 17 Glucose Sugar SU 47 Minn St L 71 Preferred Ni 94 Mo Pacific 89 81 mt Int Paper J Mobile Ohio 7 75 Preferred 73 M I K T 30 Gas Ga 74 referred Nat N l J 1 e Preter Preferred 66 N Y Cf Central 1 Nat Lead 17 T Nor or W 47 41 Preferred I Preferred Nat Steel 46 I No I Preferred 97 7 I Preferred N Y A B O rio W 33 No American IA O 0 B R I C 42 Pacific Coast Cist 12 c Preferred 76 I First pM ST Si 1 Second S pfd 66 I R Reading l Pacific tail II J I Fi Firs Jf fd T ThA Peoples Gas Cas 1 R H G i 75 Pressed S Car Preferred 93 Preferred i Second fd oM 44 Pullman P St L 4 SP S F 35 S R T 4 First pid 6 Sugar 1 Second nd pfd 64 Preferred 48 46 St L JS 26 Teim n C J I Preferred L t S Leather W it L Paul I ii Preferred U S r St P I preferred If 66 I So Pacific Union 16 So Eo Railway Hallway Amal Cop N Preferred d op I I A S 13 rt rex X Pc Preferred 66 UnIon H P c c St L t si fH j Total r Preferred I SS |