Show I Worlds W or ts s Markets I ISTOCK STOCK MARKET MARKH HAS RECOVERY Trading rading Again Heavy with Good Gains Following Un Uncertainty Uncertainty Uncertainty certainty New No York Jan Tan 15 After wavering uncertainty In the tho early earl part of to days brief session the Ule stock market markot made a 11 sharp recovery in the tho final trading Aggressive buying with at attendant attendant attendant short covering resulted in general not gains some of these ox ex extending tending to 10 over 2 points Trading was again very eo heavy hea and in the tho In Initial the greatest pressure was brought to bear upon uon such issues as Union Pacific and United States Stales Stool Much of the tho early parly liquidation was traced to commission houses and doubtless represented to an unusual degree forced selling for weakened accounts There is a well defined belief in tho the financial district that tho the week has witnessed an enormous amount of selling Helling of or stocks by h oper operators operators operators who have hae taken severe severo losses In the cotton market Advices from Washington and other points intimate that opposition to lo tho the federal incorporation tax Is growing and that tho the plan ma mo may bo be abandoned All eyes are likely to be focused on the national capital next week when important developments In the Union Pacific dissolution suit are looked for The political con contest contest contest test In lu England whore general condi condl conditions lions seem much Improved Is another factor to be reckoned with Some surprises were furnished hed by b tho the week weekly ly h y bank statement Tho The actual cash gain was over OVal ery very much III in excess of ot general calculations The Thu weeks liquidation in stocks found reflection In tho statement of o otho the tho local nonmember banks and trust companies whose loans decreased over oer United States and 46 coupon de do declined dined 14 per par cent this thin week Total Tol bond sales par value alue 2763 2762 |