| Show LONDON IONO IO O STOCK m Mr 11 Tt Tl 1 P Morann rl tho lies Ihs Ott ilU U LI I ii Iw I ii it SI I tin I I ott London May 13 The tok l and Mr J P 1 Morgan have como caine to the he of at the situation and nut the III In which operators and amid brokers who have given calls tam for Northern for tho the end III ut of May and antl July found Is Bal fac settled set tied The Tho committee decided that time the buy hag Ing In of ot Northern Pacific common and preferred be suspended for the lie present moans that the stock toek need heed toe not be he delivered Immediately The Tue committee also fixed fixell the making up rheo of or Northern Pacific at evens that lint Is 19 tar for nothing Decided satisfaction has been Leen ex ox expressed pressed on tho stock exchange over the tho tentative settlement of ot the tho Ito Northern Pacific crisis Thu of at luhn Loeb Loeh Co Powell Jackson said to a II representative of or the tho Associated Pres There ID is much nervousness lI In ho view leis of ot the fact net that the relief may bo lie only on temporary arid that another crisis may mil bo ho precipitated by the action of ot either Mr Ir Morgan or om Mr Ir Harriman The suspension of at the thu settlement announced by IW im the lie committee c this morning Is 18 of ot Indefinite duration hut but each day gained helps the lie liquidation of oC accounts account The Thu brokers worst affected generally hold holl options on Northern Pacific timid and they thoy Olin cnn realize in iii June and amid July JUI In the lie meantime salvation on the tho leniency of ot Mr Ir Morgan and amid an Kuhn uhn Loch company It Is b understood that Kuhn huhn Loeb Loch Co ns Is rt well veIl as Mr 11 Morgan mere are quiet ly 15 I lending shares to their helm friends who have hoe been caught In the squeeze Tho The committee also decided that lint lie tho settling price toe for the preferred l Willi tva to be lie hilt but the amount Involved Is of ot minor unlace Importance |
