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Show BEAR ELEMENT SUPREME ON ! NEW YORK STOCK EXCHANGE Trading, However, Is Too Small for Serious Consideration; Con-sideration; Specialties Under Restrictions. NEW YORK. July 1 Yesterday's late reaction frathered printer force and scope duriner today's brief session. Trading was almost too small for serious consideration, considera-tion, however, the total turnover amounting amount-ing to only 1 72,000 shares. Specialties were again under the restrictions re-strictions Imposed by the Mexican situation, situa-tion, although adverse factors were not without their Influence. The reported successes suc-cesses of the entente allied forces were. In a measure, responsible for the weakness weak-ness of certain munitions and equipments. equip-ments. I'nited States Industrial Alcohol was again the weakest stock, declining' 4 points to 129 i, and closing at 131, a loss of 8 points on the week. Mexicans as a gYoup were no weaker than other special spe-cial stocks, such as marines, motors, coppers cop-pers and allied Issues. Decline in Studebaker. Studebaker and Baldwin Locomotive were singled out In the later dealings, the former losing' almost fi points, with only a slight rally, and Baldwin being sold on reports of labor troubles. Crucible Steel manifested little recuperative power on its decline of almost 2 points. United States Steel stood out for Its firmness, at no time making- more than a small fractional loss and closing virtually vir-tually unchanged, "but Bethlehem and some of the more obscure industrials were 2 to 3 points lo-wer. Rails Hold Up Well. Rails held tenaciously, as was expected, in view of the marvelous statements of earnings submitted over night by the Pennsylvania and New York Central systems. sys-tems. Canadian Pacific was the chief feature, gaining almost 2 points, with as much for "Nickel Plate" and Atlantic Coast Line, while Wabash preferred shares were active and decidedly strong. Weekly trade reviews touched upon the prospects of large government expenditures expendi-tures In connection with affairs in Mexico Mexi-co and reported the current dry goods distribution as the largest for this period pe-riod ,in years. Bonds were lower with stocks today on nominal dealings. Total sales, par value, Sl.035,000. |