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Show WEAKNESS IS SHOWN BY MARKET FRIDAY Tames A. Pollock & Co.. baflkers and brokers, furnish the following, received over their private wire yesterday afternoon: after-noon: Paine, Webber & Co.. Bobton The local market showed surprising weakness today. to-day. At first the liquidation waa stir:!) and the selling orders scattered, but later in the day the selling became more urgent ur-gent and the volume of orders was largci The Now York market does not I act right and bullish enthusiasm seems to have been checked for tho present. Until tho political Hltuation becomes more clear we advise the sale of stocks on all strong spots. Logan Sr. Bryan, New York The element ele-ment committed to tho side of declining prices mol very little resistance in their efforts to force a lower range of quoted values today, and they were assisted by a largrc amount of liquidation by tired bulls. Thoro waa very little news accompanying ac-companying the deellne- excepting such rumors as are invariably circulated when the market has a weak tone. Tho absence ab-sence of anything tajiglble on which to take a firm stand on the selling side soivcd to aggrovate conditions, especially a the street of late has been disposed to tako a hopeful view of the outlook, both with regard to labor and politics. Tho point, has been brought forward of lato that stocks have bulled hard and that outside buying did not increase ik prices advanced. Ihe result of which hns been that various large professional operators, oper-ators, whose bullish proclivities ma-dc them very conspicuous on the buying side some time ago, changed their attitude and today wore identified among the heavy sellers. There is- no use denying tho fact that at the close tonight the market presented an appearance sucics-tlve sucics-tlve of a somewhat lower range, but unless un-less It develops that today'H decline was Justified by happenings of an influential character, we doubt the wisdom of pressing press-ing the selling side too closely. |