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Show DECIDED SLUMP IN SPECULATIVE STOCKS NEW YORK, Feb. 28. Very hoavy liquidation was precipitated in the stock market today by the selling of loans and the forcing out of speculative holdings by large pools. There was no conspicuous development In the situation outside of activity in the monty market to account for tlie wesik-rces, wesik-rces, but a feeling of distrust over the speculative situation which has been growing for some time reached u eudden culmination. Declines were violent and practically no support developed in the way of sufficient demand to arrest the decline. Fears over the failure of the supposed plan for the purchase of the 5re:.t North-eran North-eran ore lands y the United States Steel corporation accounted for the special weakness in the Hill stocks. Distrust over the copper merger rumors played havoc in the metal group, but the weakness became very general with losses of 3 to 12 points, resulting In a long list of the most prominent stocks in the market. |