Show MARKET mm DULL on HER PRICES Powerful P Influences Behind the Movement for Upward Turn I BETTER WASHINGTON TON NEWS S WALL STREET INCLINED TO BREATHE MOR MORE EASILY New ew York TorI March 15 The stock stok mar maJ market ket kt kr t lapsed laps bank back Into dullness today and anA anAtie tie the decrease in hi activity was by b an uncertain and at times fever feverish ish Ih price irice movement The effect was to ton Q fuse speculative sentiment to a large targe tent Stocks which have been strong were Jed led out ip 11 I sales s while other her ew strong stocks were advancing filing ging the appearance pf a realizing mar market mart ket Icet t The character r of ot the support on declines carried an Impression ot of contin continual iiI ual guardianship of the market by op operators equipped with resources The Tue rates for tor borrowed stocks reflected he important reduction of the he short in frest premiums having h tn disappeared TIle The moderate pressure on the market of sales to 0 realize oil OH the other hand did not inconvenience for those long of ot storks stocks Prices rose ros rapidly T in the last half haf hour to a strong closing clo o e Much tuch attention continued to be di dl directed It toward Washington and to reports L at the White House The denial that tha any 1 in investigation il of stock exchanges had been bean ordered attracted much m The rhe stolk stok exchange had become somewhat som what reconciled to the prospect of ot an tion nm ion but bu thE trouble taken to deny the to make one was vas given Import Importance ante ance as a favorable Indication Union Pacific was was actively a dealt in during the early carly period of weakness in the market and the Intended action of a few stock rs to demand an accounting of the directors of purchases of Illinois Central and other stocks from individual directors tors furs was connected with the movement The estimates of ot the th weeks currency movement was waif wa of little effect owing to the large extent to which receipts on balance of ot the Interior movement have t the withdrawals of government de deposits deposits deposits posits on Monday fonda The weeks loss m n nash ash astr seems to be not more titan than and Foreign influences were not in lI favor tavor of ot the market Paris suffered from further liquidation and London suf sut from the flow of new loans appear appearing appearIng appearing ing in that market A decline in British in spite of the easing of ot the t e Lon London don aon discount the consequence con k i Reports Tir between the 1 States Steel corporation and the tite PennsYlvania railroad over Its contract contra t for fM steel rails I were denied and the denial save gave an a new upward impetus to United States Steel with Sympathetic effect 01 n the whole marker Another A other rise in 11 the tho th of ot d tile the copp r industrials The Tue statement of ot condition of national banks at the close closer Ir ee r business on Feb 14 H now just com corn for all the banks showed an m in mJ inI I J I lease rease In per cent of oC legal reserve to T 2 47 4 compared with 2131 on Dec 3 I and andl Vt 53 l on Jan 7 1907 1007 The items due from national banks bank bankst ct t have increased d since De Dc ember and that of due national banks it He in the same time but as ashe he the first Item Is still below this time last your and the t ie e second Item also aso short of oC Itt t years total it is ts I ident that the progress in the of ot the the growing ln out or orf f he ve panic In the of ot banks js is s pot not yet completed et Hands Bonds were prE Irregular Total sales par value alue T States 15 registered declined 4 ar ent nt on call So Pacific if 74 Preferred So Railway 1100 11 1 11 Preferred 9 s SoA r 1 Pacific 00 16 15 T St L W H 14 U 1414 14 Preferred 1 O 36 6 33 15 5 Union Pacific 1 Preferred OO 00 80 SOi 80 SO SOU 0 U TI S EJ resa 81 1 1 U S Realty n 41 nt t S Rubber 21 21 20 Preferred 00 8 82 S1 G S Steel oo 3 I 32 13 Preferred 96 9 Va Caro Chern Chein 17 Preferred 00 92 91 91 Wabash OO S S 8 2 Preferred 16 16 U 2 W v P F Ex Exp 4 to e I j iQ i s V t F S 48 41 w Vis L li Preferred A 4 Nor 1100 18 1 j Con i n ml 17 17 11 1 f iI d Sl Sl ss j roo tS 47 41 4 Gt Not Nor pfd 1000 l 12 i Jut Int Met I t m S 8 j 72 fl P ret erred 2 2400 U 19 Total sales for the day 00 shares |