Show RALLES RALLIES IN m SLUMP IN WALL ALL Sf ST ST. Recovery Recover Experienced i iS S Sterling e Exchange Fro From Re Recent ent Quotations I NEW YORK Feb Banking H.-Banking i infer inter ter ests eats had no reason br r explanation t fer for the further r drastic l which J left ft its impress upon the secure market this week than titan those already we established in the minds of or trained ot severs IM The ThE acute international credit o 0 provoked heavy selling of or invest men a awell awen well wen as speculative holdings recessions of 10 to almost 40 point among leaders leders Prices rallied probably more as a result of o oan an over overextended overextended overextended extended short position than for any cause j Looking beyond the mere I quoted values discussion among coasts conse financiers dwelt with er en on further reduction of comm prices and their relations to the pros prospective i I curtailment of foreign trade rade 41 Remittances to London were fir Ir t I strong insofar as they showed marke mark from lowest quotations of th previous fortnight Demand loans lons als ala ceased but that conditions was regards i as superficial in view of or the c t time money Encouragement ent wa was offered by th the h mg g pressure of ot activity reported ted b bv by leadin lealin domestic industries The January ton tonnage tonnage tonnage nage statement of the United State Steel corporation for example showe shows the largest amount of unified unfilled orders I almost two years am Investment conditions were again a standstill further delay by con arriving at a respecting the rail all railroads U roads causing cusing c high class transportation bonds Sev Sever Severr rr corporate offerings of a renewal chara te found a ready rad market however at att ac active live Uve Interest returns JB |