Show II I STOCKS WEAK I UN DULL D DULL LtD DAY D V Y Heavy Leavy Selling Induced By Drop In U S Steel Orders NEW YORK July ruly 10 PrIces developed a ft reactionary trend In ya tock market the dullest of any full da s 's session thIs ear e-ar e Unfavorable foreign political de- de de developments unsettled o prices and nd the large larce e In th unfilled orders order ot o the U V S Steel corporation Influenced for tor both accounts Sales Sale mated abare shares IIA N TO SELL Opening prices ere nere ere dec l Irregular The favorable gOHrn goern- mental report of bumper crops hIs fill fall was u au counteracted by cab cabre cab re- re reports reports re reports ports of ot more nOre serious between the French and nd the BrItish m 01 er the tha Ruhr problem and motors motor were arong aron the first to 10 to selling pres ure Youngstown Steel Tub and Dutch each eh ads advanced a point and some of ot the II rails advanced fractionally A flood of ot selling orders came ame Into the market soon after ater the opening and the whole list I l med reactionary with selling most effective In ln the oils teals leals motors and Losses Josses of 1 to 2 points ero era reg- reg regI rec I by Cosden Producers Refiners Pan American B 13 BOld Bald In am and amid American Locomotives General Studebaker Chandler American Can Corn Products American Sugar ar ard t sv sev- several sev several eral others o opened slightly hIgher hither MOTORS IOTO S SOLD t I Unfavorable political develop develop- developments developments ments abroad re the most depressing Influence In prices durIng the morning overnight reductions In lead sugar and Pennsylvania crude crudo oil prices and a x continuance of high rail call money rates also tended to r bu buSIng Ing except for or covering opera opera- operations operations Motors were sold freely on further confirmation of oC reports that the peak for tor production and sales had been paused pa sed for this year Around mid-day mid tI tl e o list steadied somewhat when Hudson was WM pu hed up to 1034 against Saturdays Saturday slow low ot of 93 In further reflection of official assur Lur assurances ances that no change In the 9 9 dividend rate was sas Call money opened at t 5 per cent U S STEEl Absence of Inquiry from outside sources continued to become the cause c-ause for the of the th market prices again tend tend- tendIng tend tend-Int tog Ing downward In the early after after- afternoon afternoon afternoon noon United States State Steel to 90 OS on the large larre reduction In unfilled tonnage Marine Marln preferred and Burns Brothers A new i minimum figures for tor the year the latter yIelding oer over 3 1 The Th closing closing- was heavy A sharp break In the Burns Burn Brothers Is- Is Issues issues Is Issues sues the A falling failing 5 points aged short sellin of other Indus Indus- Industrials Industrials trials In the late dealings rails also yielded a point or so o In with the sharp drop in 10 heat prices |