Show STOW STOCK MARKET DULL AND SLOW General List Did Not Follow Volatile V Rise in Public Utilities tr P OPPER PRICES P ICES DECLINE DISCOURAGEMENT OVER IRON AND STEEL OUTLOOK New York April 11 Active interest In Ip stocks today narrowed to the group of securities of the public utilities cor corporations J po New York City The Tho professed reasor reason for or the volatile rise In that group was the advantage to accrue to the traction companies by absolution through judicial decision from the t obligation to supply transfers between he Third Avenue and the old Metropolitan Street railway line linea Con Consolidated Gas was brought into move movement ment nent by the action on the part of 01 o the company to obtain release of the funds tied up in the hands of or the court out of the charges in excess of the rate the enforcement of ot which has been successfully contested in the courts I The bonds of the companies shared with the stocks In the advance This movement failed ailed of sympathetic effect on the general list which was inclined to sag The selling was mod moe moderate moderate erate but there was no important de demand demand der r mand manci to offset it Copper securities suffered from some positive depression to account for or the continued decline in inthe inthe Inthe the price of at the metal A special ex ox explanation advanced today for that de decline deline line dine was the resale from China of some Borne speculative holdings of at copper bought previously Discouragement was perceptible over the iron and steel out outlook outlook outlook look and rumors Tumors were reiterated of an intended cut in prices as soon as finan financial cia cial conditions promise resources to tie the railroads to renew renei purchases ases of mate materials materials materials rials r The announcement of an of or out of a issue of or bonds bands to be authorized by the stock stockholders stockholders stockholders holders of ot o the Delaware Hudson to fund other indebtedness was regarded legard d as 18 an expression of confidence in the 0 early improvement of the investment situation The accumulation of the banking surplus explains the Increasing ease of the money market and a fur further furj I ther thor advance In sterling exchange e rates j today showed the resulting tendency to 1 remit to foreign money markets The march larCh agricultural exports fell over below the value of those of March last year ear owing to the heavy shrinkage in cotton exports last month marking a reversal of the large expansion expansion sion of exports In each month since last falls financial crisis sent forward our nur commodities to market with a rush rushI I p Explanation of the rising tendency of or reign exchange rates is found In this ow ing Some of the speculative bond issues made buoyant buo ant advances but the bond J division otherwise was dull and steady stead Total sales par value United States s registered have hac de declined deM M lined 18 per cent on call caU during luring the thel a l week |