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Show PRICES RECEDE ON SCATTERED SELLING Logan & Bryan, members New York and Boston stock exchanges and Chicago board of trade, lti9 South Main street, furnish the following received over their private wire yesterday afternoon: From Logan & Bryan's New York office of-fice -Prices receded moderately on scattered scat-tered selling, with pressure for the most part being directed against the Hill Issues. Is-sues. The 'forthcoming decision in the eastern rate cases continues to be about the sole topic of discussion and growing uu l oi me cirruiH-i ion ui numerous tore-casts, tore-casts, the latter seeming to be largely in the nature of guess-work, sentiment was slightly depressed as the idea has been fostered as a result of the above-mentioned above-mentioned sayings that the findings In the final analysis will be below expecta- tions. Consequently there was some sell- ing by the tired longs, and of course ! speculative sellers lent aid whenever I prices displayed a disposition to recede. ' Owing to the prevailing lack of initia- tive on the purt of the constructive in- lerests, It is quite probable that a selling , movement in the stock market may be ; Inaugurated on the slightest pretext, and i especially so should the rate decision not i prove to be in keeping with expectation?, ' but, taken as a whole, we do not believe that the declines will be of great extent , or duration. In view of the already well : liquidated condition of the list. ! From the Gallagher curb letter, New York The market was dull today, due partly to the holiday in Boston and want of a' trading incentive to arouse public interest. Oils were a little lower, some of the industrials were also weak, but the mining group held steady around yesterday's yes-terday's closing figures. |