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Show WEEKLY SUMMARY OF STOCK MARKET New York. March 8 Conditions of the week did not favor a stable sto K I market, and quotations fluctuated lr-1 lr-1 regularly, with aJtcrnating doclim-s land rallies A considerable reduction 1 in tho short interest during the ad- vance of last week was thought to have impaired the strength of the long position, and bear traders operated oper-ated with a freer hand. Although buying was aggressive at times, the demand was limited principally prin-cipally to professional traders, and the average of changes was small Monetary conditions were of direct bearine upon stocks The worldwide world-wide demand for money, most pressing press-ing in Germany, made it evident that thlfl countrv would be called upon for assistance, in spite of the low bank reserves here, and late In the week engagements of sold for export on a large stale were resumed. Sliffer rates for money here wore predicted. These conditions constituted consti-tuted the chief depressing Influence in the stock market during the latter lat-ter part of the week. The Inauguration of President Wilson Wil-son was of no marked effect With no definite indications of the new administration's admin-istration's policy In detail, traders awaited specific information before-forming before-forming their coneliisions as to future fu-ture relations between the national administration and Wall street. |