| Show LOOKED FOR DEMORALIZATION Remarks of Steel and WIre Corn Com Chairman Affect Market MarketA A Y DI hiltS Co 10 wh Dit do dof f i took I nod lr Jo tics Steady t I I Ne rork Aril Abril sold off o oa a all roa roand 1 at al Open J in expectation ot of d conditio in tb the Iron and steel teel tn In consequence of 01 the pessimistic utter tile the trade outlook by bythe the chairman of the slid and wire earn com compan pan tuh I and wire common commOD took hail bad an opening ba baI haree I oil the market at 40 liP up to o 14 per share h compared lIh Ith 24 at last nIghts cl aloft e The Th took stock feverishly but WA was vigorous Iy The preferred on aU IN 0 of 20 2000 h ra ran of oft I 2 of do de support ha the Ire n stocks I especially federal steel put I a top stop to 10 the When the hesitation ot of the bar bears wu warn perceived there 1 was a bid up ot of prices price In art an effort to catch the Ihl la short lorl Inel lines put out oUI yetla yesterday The b blOts joined In the an and cm complete recoveries resulted Federal wail I lifted 1 over last nights clo close and steel Iel ant and Ira ro rose t a fractoR strength developed In the group ru where the demand for tor was waa In large the tbt rally lot lost It iLi t when prices Jot got back to 10 abut last nights I level I I priM were disposed to Jg sag Ira agaIn In Tb market became dulL Nor Kor i I folk al and Western the BaltImore an Ohio stacks stud aM some of th the w were lifted rum I 1 to 2 1 poInt 1 Ch ChInI the InI and the lle steel stocks was ye el Id held Thre re WI was not response muc elsewhere In lb the market which contin market ud dul dull and Ind sluggish RO and the hUrh level wa was not wel well The bond market was Quit and tr ic regular SUGAR SelL r n nl MONEY AND BONDS DONDS MOM Money on cal caU nominally I per pr per cent Prime piper Ol SterlIng exChange et with Jh Itu p Ln bankers b It at 47 for demand and at t 4 for tor G 60 da posted t 4 bi bills 4 1290 WI Silver roat Dar Bar silver D 59 Me Or t bt Ir I Re Refunding funding S wd Issued 10 18 ls rec eg 0 r r eg 1 40 coupon 10 new f f 1 do coupon old 4 tI tg coupon cup 6 ls rf reg 11 do coupon |
