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Show SECURITIES VERT DULL ON NEW YORK STOCK EXCHANGE London and Continental Markets Closed; Railroad Rail-road Statements Attract Considerable Attention. : By BROADAN WALL. By International News Service. NFAV YOKK. Juno 1. Stocks were very dull today, with a slight heaviness in the lale dealings. London and continental markets were closed Tor Whit-Monday. The opening was lame, with a rise is Missouri Padtlc to above 1 Ft. The directors were in session ses-sion most of the day. and after li o'clock ;j.n official liiimnincemeni was made tiiat the- plan for extending the notes was effective. ef-fective. The first estimate made for this season sea-son on the cotton crop condition diverted di-verted some speculative interests from an inactive stock market to a boiling cotton cot-ton market. The average condition of 74.3 per cent was t lie lowest end of May showing pi pro 1H07. Unless conditions improve there will probably be short selling sell-ing of railroad and industrial stocks as a hedge by t he bulls on cotton. New Haven Heavy. New Haven turned heavy, dropping to close to the low record of .March last. Boston Maine notes are coming in slowly, with something over 85 per cent deposited to datr Note holders have until un-til Friday to accept the extension. Texas Oil was strong, touching 147. and Beet Sugar in the early dealings rose to 2S$- General Motors reco--ered to 96. Several of the minor industrials rose fractionally. frac-tionally. Steel common was heavy, dropping drop-ping to HI "ex" the quarterly dividend of li per cent. I'nion. Pacific lost a point. Readiitg and Southern Pacific were lower and copper shares were easier on unfavorable reports from the trade. tiold shipments to Paris were resumed by the engagement of .SJ.Oim.noi'i, following follow-ing a recovery in the foreign exchange, market. Missouri Pacific bonds were strong; the Is gained 2 points. Texas company convertible con-vertible Us were active and strong. Virginia, Vir-ginia, deferred 6s dropped from lib'" to liU on very little trading. Railroad Statements. Detailed railroad statements for April attracted more than usual attention. The Pennsylvania system ro ported a decrease of ?1. 5-18,000 in gross, but a gratifying increase in-crease of $1,410,000 in net. The New York Central showed a decrease of $2.-072.000 $2.-072.000 in gross and $?2.9,0"O in net; St. Paul a gross decrease of $60,000, with a net Increase of $21--.u00. while Northern Pacific increased net $102,500. despite a gross decrease of .'555.500. Idleness arouses resentment, and sentiment senti-ment in the financial district is bitter regarding President Wilson's views on industrial conditions. |