Show WEAKENED STOCKS Eo WEAKENED I IS AND CLOSE LOWER VER LOVERI S I Strenuous Effort Made to Hold Market Firm But Prove Unavailing S B Uy iy il ilIUm C I ut I lot II N New w York March 1 St Stocks ekl Weakened and closed with whit material to C lOa today In spite of or the tue strenuous str efforts made b by the National City batik bank sail and other 1 In lions to hold the thc market firm Th The se- se 1 proved pro what has nf aS 8 been proved d on such occasionS occasion the tho of or tr try try- ln Int to lO pe pc-g pc the market after aftel a a. panic I Uv- Uv fry cry time rim there has been n a n punIc panic It il has hn na I h been Cn followed h by a violent nt recovery i and no this recovery ely has always been lost host In tho th I how Ilow of liquidation Not ot un until prices 4 teach reach about th bottom of the panic anle does doer genuine improvement begin The reasons for this are art so 80 simple and powerful that thai It see seems strange that any Ile person on with the slightest knowlt knowledge of Wall Wilt street Ct would expect ct to see anything to the ron eon S and yet many trailers were J today that thai th tie the market would hold hoid If for not other othol reason than because of the tue past history of ot panics This same sam nm kindo kind I o of tall talk line has boon been heard antI after PI panic S Just as It was heart hart today hI hint but t In 01 of It It flie he he law of panics has always ope ope- ope rated Just now there the are tf good t reasons i pons for or the thc I m mArket markel t selling RP ort oft In addition to the thc fact I that Iho dragging liquidation always oS follows fol CoI- lows low a a. 11 panic janit While hll there may h bf bp some of or opinion as m t 16 tO whether th the panic tanie of ot last wee week I was deliberately created created creat creat- ed cd or br I wll whether It came as a it result of or In in- In- In nation fiction of values 9 there thOre can be hl no 00 difference differ ence of opinion o In regard to th the eon con fusion that tho t exists In hl high h finance as t to the Immediate future of ot the Corporations The best proof that the rich men arc at uneasy In their minds minds- Is th tIn tho rapid mutation of or cash cosh the lat last week There Thet- I are c hundreds of men in Wall street ct who usually trade trado In from Crom to 2000 shares hares of or stocks who h lave have C convened I their s securities s Into u Cash h on the advance which has hns culminated They don't dont t care core to lo get l short of fir the market because C it is possible for Cor the situation to hang change over eve night but until there thero is is a radical and arid sensational ch change me In affairs they the lie do not propose to buy any sto stocks lu c. c t for or fun run In lii the Street Number of shares sharf'S sold a n t y year nr ago same day Par value of or booths bonds sold loday loda 2611 C COO II a yeat a-yeat- year ago Eto same day There Thero is something uncanny about the 7 panic anic through h which Wall Vall t passed No docs does the lie true trill r rison alon Se seem sec m to be discovered erld than halt facts are turned up tip which prove pt that something alto altogether r must have hll c caused the trouble lan l Many brokers want to know wh why It Il was that Kuhn Loch Loeh 0 Co al at 23 o'clock on Thursday aCl afternoon when the panic was wa raging ut at Its worst 5 som sen D. D word vord to their floor members that the they lid did not want an any n 1 called collell on stocks bought toi- toi toia gan a n bol brokers er got ot the saute same mc mc and for Cor oi the nr lit Hist t time lime In the history of or Wall ali street panics margins margin ln's were wea-e i t not nol io called o overnight ht in a general way Many Ian account ac ac- ac- ac counts count were wel permitted to lo run nm the margin morg-In had he been n t. t entirely On One brokerage p house took tool shares of or Un Fn- Fn ion I I adle I in th the last Iut hour ll at l prices that a ll under J i At t at the tue Waldorf that thai ni night nigh hl I n as much was is-as takEn laken at nl The sellers had bad to pa pay 3 for lor or It ft In London the next morning and the tho buyer buyon turned d II it nil all loose in New p York from to HO SOch Soon a n thing might h be done as a result of oC good luck but bitt Stuyvesant Fish was as elected a n m member Of the executive committee o of or the Sits Mis c or of Prices The ran range c of or prices was as wasas a as follows S h. L Low w. w Close Am C F 37 Ji 3 SSi t. t 37 37 rt Am Smelt S a I I 1123 Am Alit Locomotive h w C. C CZ S 7 r. r r.- r. cc G i I Am Am 12 1 12 12 12 Vi Am iii Wool 21 Vi h 20 I 3 35 28 A Amal mal Copper 95 or 96 r. r 3 93 Atchison 91 93 3 91 91 91 Oln Bait and Ohio W 09 1 IO K 4 Brook R n r T 54 Hh r t Gl a I P. Canadian Pacific P. i lill Chosa anti and Ohio 12 1214 43 41 41 m O 0 M St and St 5 iz 13 4 13 Cob Colo 1 and 1 31 37 m 36 Brie Urie 30 34 29 eq 9 23 uj Illinois Cent Hl 14 1 Louis iU arid and I X Nash Nasit ish HI WI Mexican Con Cen fO 21 21 i 20 20 21 Missouri Pac 71 A 71 71 B 71 n s. s 12 Missouri K anti and T. T t. t 20 26 G j 30 tH Do c 65 6 65 64 61 n G-n Now Non York Cen us N 1 Y r Ont Oat and W s 38 39 Nor or and West Wesl 79 73 9 is 78 is Nat Nal Lend 9 61 i Cl-i 9 9 4 o-O o iH Northern Pacific 1 1 J I Pennsylvania han la J Peoples Gas Cas 90 94 PO sSi 1 1 SS SS-i SS Reading l i Rock Island 21 J 22 2 21 I 21 2 Rep I and cud S 27 27 2 2 27 27 2714 Southern Railway 23 21 2314 22 22 22 J Southern Pacific 51 2 W SOU M 4 14 Union Pacific Hl i 11 4 1374 U S Steel Stel 4 38 35 i 37 37 i Do pr preferred W 2114 II Money closed 3 4 p per por r cen L |