Show STREET IS NERVOUS OVER FEAR OF DAD BAD NEWS Announcement That Russia Would Resume Peace Talk Is Disquieting By I International News Service NEW YORK Jan 12 Tn In the the actual bank statement today surplus reserves showed an increase of o loans roans a decrease of oC 49 and net demand deposits an Increase of oC In Inthe Inthe Inthe the average statement th the s showed a decrease of loans a decrease of and net net demand deposits an Increase of Steel broke 2 points In the stock marIet market market mar mar- ket Iet and Marine preferred advanced w. w n Strength of Distillers was the only other fe feature ture The general market was heavy hevy and was evidently being liquidated liquidated liquidated-In in nearly nearl every department The s selling of oC steel was particularly noticeable as it came out In large blocks suggesting the operations of Important interests The street got the impression that some bad news flows will vIll make Its Us appearance early this year Announcement that Russia has reconsidered reconsidered recon recon- red and anti will resume peace negotiations negotiations with Germany was a depressing in In- In fluence The most important Influence against the market was the announcement that the government plans to take over the financing of ot all corporations and even actual actual actual ac ac- ac- ac management of the steel companies For or the latter there is no official statement statement statement state state- ment to justify even the rumors The rue report rose out of the fact that the steel companies have been handicapped for acl ack of coal and labor and that it would be bethe bethe bethe the logical thing for the government to take tale charge in order to enforce supplies of both The stock market marlet was still under Influence in influence influence In- In fluence of ot the announcement that the government go would continue to collect in- in cone tax against st stock k dividends This will prevent the payment of many stock dividends that had been Wall Van street Is full fun of vague vogue rumors re regarding regarding regarding re- re garding Mexico and of news to come from that quarter within a week Buying of rr i n 1 ee r Mexican Petroleum h has S been p particularly r r good recently but serious trouble In r Mexico might easily be a a. reason for tor bu buyIng buyIng buy buy- Ing that stock |