OCR Text |
Show BEARS RAID THE STOCK MARKET New York, Feb. 3. An outburst of speculative activity resulted In wide movements of stocks this week. Bear traders made several aggressive raids, but the market possessed sufficient recuperative power to provont an extended ex-tended docllne, and tho movoment as a whole was hesitating and erratic. Union Pacific and United States Steel wore the particular objects of tho bearish activity, ostensibly because be-cause of the decrease In the earning of the Harriman roadB and the Steel corporation. The prospects of a congressional con-gressional investigation of the "money "mon-ey trust," constituted another disturbing dis-turbing factor The strength of Reading, which advanced ad-vanced steadily regardless of the trend of the market, was a riddle which puzzled traders and alarmed a short interest in the stock. Shipment of ?2.000,000 in gold to Pnris was of no lnfluenco upon cither the money market or stocks. Owing to the accumulation of an unusually large amount of Idlo fund horo. no fonr wa to of j -'"" ' " """tea, which would restrict speculation. f" |