Show I Worlds Markets STOCK MARKH IS REASSURED Active Tendency Prevails During Dining I Day But More Cheerful Tone Continues r Now York Feb 18 Operations In lu Inthe tho the stock Block market today were conduct conducted ed eti with an eye oyo e e to technical conditions 01 the th rather than with witha a n view to more substantial considerations timis bearing on tho tim Intrinsic values or earning power The extent ex lent to which the recovery has run Tun and the rapidity with which It has hM been heen accomplished plainly had bad hadan hadan an nn influence inducing some debates and hesitation m in n the pursuit of or the upward movement The Tho reactionary tendency oC or Read Reading ing Irig was wn of or special Influence In that direction owing to the leading parl jart I that stock has hag played In tho the upward movement t Additional information corroborated the tho opinion that Improvement was tak lal taking takIng I ing place over the conditions dreaded in n the recent market depression The cheerful tone of the mercantile reviews voiced a conviction that fears or of a severe seere trade recession were Groundless Tho hopeful expressions by br Charlos Charles W Schwab over steel trade trad prospects seemed to have a n reassuring effect on that subject The easing casing of or the tho discount rate in London m in n spite of or further shipments of gold Eold from there to South America gave promise of ease case se of or the tho New York money market firm total sales eales |