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Show MARKET GAINS i ' BY LATE RALLY; I Early Pressure on Wall Street ; List Gives Way in Later Dealings NEW York. Fob. 4. The stock was under further pressure at the active ! opening of today's session CfUOlble I Steel was the most conspicuous, the first j sale of 600 shares down to S7'4 showing I I on extreme loss of 2'4 points. A,t this 'level supporting orders soon forced the Stock hack to a' fraction above yesterday's yester-day's clr.se . Ither steels were extremely Irregular as were also alls, shippings and rails. Tobaccos and various aneclaltles I were reactionary International Paper losing los-ing l'i. Firmness was shown by Mercantile Mer-cantile Marine preferred, United States Runner and Sears-Roebuck, Dealings .luring the morning were Inrger and broader . than at any similar period during this week. The activity was nrainly at the expense of values. , Equipments, specially Baldwin Locntnoi live. Pressed Steel fur and Oeneral Electric Elec-tric were the .enter of a series of attacks at-tacks presumably on the failure of those companies to receive railway contract!. Motors and oils added to early declines and independent steels continued to lose ground Rallies before noon were fea- tured by Reading. Texas & Pacific, Atlantic-Gulf and Royal Dutch In 0 num-I num-I her of cases losses ware fullv recovered. .'all loans opened at eight tier cent, that 1 rate also applying to renewals For-, For-, elgn ei hang.- was dull and irregular. Extensions to the noon rally were made I law. the strength of Reading. Southern j Pacific and oth.-r rails at gains of 1 to 2 points causing rhort coverings. Oil and I motors were benefitted l y the rally also rubbers, leather, textile, sugar and mall ; ordl r shares . The (oprlngi movement became more .general later. eneclally nmnnv steels and I shippings, but Northern Pacific developed sudden heaviness. Th closing was firm. As a whole shorts found It advisable to reduce their contracts In the stock mar-I mar-I ket todav and recoveries of one to ni ITly three prints resulted. Sales approximated approximat-ed 500.000 shares. CASH PRICES I'HK'AC.o, K.I 1 -Wheat No. 1 red $1.7'.. I mi. No - mixed $1 73't Corn No. 2 mixed 60c; No. 2 yellow rile. Oats No. 2 white 39VJ404c: No. 3 I whits 3" 't S8Hc. I Rye No 2 81.43M4J11.U. Parley .'12'fl C5c. 1 Timothy gced ll.50W6.00. Clover seed tliy.OOf) 20.00. I Pork nominal. I Lard $12.40. Ribs $11. 2.1912-SO. METL MARKET. NEW YoKK Feb 4 Copper dull ; electrolytic elec-trolytic sf.ol and first .uarler 1 2 ij l.l. Iron unchanged Tin firmer, spot and nearby $32. 50V 82.7.',: futures $23 . 00 'n 34 . 50. Antimony spot 5.25'."i 5.62c. 1 Lead dull. Spot 4.76c. Zinc easy; East St. Louis delivery spot 1 5 00c. |