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Show TEfiOENCTOP PRICES I IN WALL STREET 15 DOWNWARD Less Pressure on the Market; New Lows for Many of the Standard Shares. NEW YORK, Sept. 13. Pressure on the 1 ?tock market was less severe today, hut the tendency was still downward. New low points for the movement were reached by many standard shares, anion? whfh the railroads figured ihom prominently. promi-nently. The principal opposing influence consisted of the requirements of the shorts, which led to buying on the breaks in sufficient volume to bring about temporary tempo-rary rea etions. and the movement as a whole was irregular. Total sales. 630. 00 U shares. Liquidation of investment storks, which has been tiie mo.st dist urbine feature oi tiie recent declines, involved several issues is-sues which hitherto have not been conspicuous con-spicuous in this connection, hut at the present price levels holders were less inclined in-clined to press them on the market. There was enough of this selling, however, to check any tendency toward sustained improvement. im-provement. St. Paul, which sold down to 5S; Reading. Northwestern. Lehmh Valley, Val-ley, Canadian Paid tic. Norfolk & Western fnd Rait i more - C'liio showed signs ot pic-ssi'ie at times. That the devline was not t arried tt ur-t ur-t her probahly was due to the lare extension ex-tension of the short interest recently. There was evidence of an oversold I'opdi-tion I'opdi-tion in spots, and toward the close the ile-mand ile-mand from the shorts became more Insistent, Insist-ent, resulting in a good rally in the last hour. Shipping share? were sold on news of the reported loss of the steamship Minnehaha, Minne-haha, and broke sharply. New Haven . again reflected an increased demand, and Southern Railway preferred moved up nearly four points under the influence ot the resumption of dividend payments. American .Snuff broke ten and Sout h Porto Rico Sugar twenty-one points. The market for rubles showed greater steadiness today, following the brisk rally, yesterday. A fter easing off slUhtly t lie quotation recovered, ruling nearly 3 cents above the recent low record. The bond market w as a sain heavy. Total To-tal sales (par value). $3,71,010. ! Liberty bonds sold at P9.fi) to United States bonds unchanged on call. |