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Show DULL TRADING FEATURE Of GENERALLY JNACTIVE MARKET Approach of Session of Congress and Adverse Crop Reports Operate to Unsettle Conditions; Special Stocks Are Most Active. NEW YORK, March 27. The market nettled down to a dull routine today, to-day, preliminary to the coming session of congress and a more definite adjustment of conditions bearing directly upon intrinsic val ies. Dealings were the lightest of any full day for almost a fortnight, the absence of public interest being a marked feature. Occasional spells of activity derived their chief impulse from the operations of pools Interested n special stocks, notably those more or le.s remotely related to the war croups. Low-priced munitions and equipments figured to an unwonted degree, de-gree, but failed to elicit outside response. Additional adverse crop reports, rumors dealing with the International situation, the failure of the Cent ral Leather directors di-rectors to increase the common dividend, and the Union Paciric statement for Feo-rua Feo-rua ry, which showed a largo decrease in n-jt earnings, were among the restraining Influences of the day. Opening prices were wetl above final quotations of the preceding day, especial- I ly in Industrials and rails. Equipments ! were next taken up, with sugars and I marines, but Uie'inquiry flattened out by I midday, after which prices drifted idly, save fur another spurt in sugars toward the close. Pressure was again observed In T'nited ; States .Steel. Reading and a few other potential leaders, Steel, however, rallying from its fractional decline before the end. Other prominent shares made partial recoveries re-coveries on short covering, rails, however, holding back. Total sales, 010,000 shares. Further withdrawal of gold from the sub-treasury for shipment to Spaln called attention to the strength of exchange on that country. Another small importation of gold was reported from London, but foreign remittances in general were without with-out material change. Successful flotation of the new French loan imparted some strength to other international bonds, but dealings in that quarter were nominal. Total sales, par value, $2,260,000. United States coupon 4s advanced a j point on call. |