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Show mm SELLING DEPRESSES PRICES J. A. Hoplp & t'o., lii? Main street, furnish fur-nish th" l"l!owinp tligest of flimiKial news j nrHvcd ovor their ir1:ite wires: New York Slock letter. The moderate amount of Pfllintr it thr outsft. owlnp to tlu; tliiiwioss of thp innrki'1. depressed prlres. The tenor of the oer-nht now f i touching on the international political situation was somewhat indefinite in re-Npect re-Npect to future doinps abroad and this, -if oourpe. nontwhat restricted llie lniti-.itlve lniti-.itlve of tin trading element. At the low lev.'ls. in the flrjt hour, a broad flinnnd nssert.-d itsnlf for L'. S. Nto'l and this, in cr.n ji Jin-1 ion with the bet tr tone in the majority of the rail- I road iswu'-s, st i m u lai an amount of out- ! dde huyinK. wit h the result that final prices were about in Uerpmp with thos? , of vesterdu v, allhonrb in somo of the j rrillroa-i shares a sliqht botterreent I ic-ordi'd. In the last hour a nw s a?-ncy ilip.itrli credited ih. Aus't i.in premier v.'tth niaUir.c a n-w p.t. c mfor and, while it did not produce much elTcc t. it further eoniplli atr.s the st a His of political conditions con-ditions abroad. j The comhiu- weok, owinir to th- fact that t-otiKfess convenes, and cons id era hie I activltv in dealln with (he ipiest of j the hour i.s anticipa led. will likely be n memorable one, and drvplopments there I wiil h:tvr much to flo with shaping the ) country's snt ttnnt in respect to security 1 prices and things in general. It is the opinion in conservative circles. J and In which we concur, that efforts Rt now Irirpdat ion will probably he conducted n'nriE lines of more constructive Inlerpre-tattons. Inlerpre-tattons. To assume (his opinion seems but na t lira 1 when one considers the effect ef-fect on F"iitim pt fostered by the drastic shrinkage in prices of the many so-called j r hlph-Rrnde investment shares in the re-I re-I cent past. On this assumption, and con-I con-I siderinK the apparent firmness of the technical foundation of the market, we are rather inclined to believe that the t better class of securities should be bought In a moderate way during easy periods. I New York Curb Letter: Most of the traders on the Kroad Street curb waited I patiently during1 the halt" day for stocks to be supplied at, concessions, but offer-inrs offer-inrs were extremely small and. although some declines were recorded, it was evident evi-dent that the demand for stocks under j the market whs too large to permit any substantial downward movement. Most J interest whs attached to the trading In Aetna Kxplosives because of the littgntion acatnst former officers, the results of , which are expected to strengthen the company. There was some buying of the stock at the opening, w hen It sold at but it latter sacRcd off to 9V Curtis Aeroplane continued in pood demand, de-mand, selling- at 3f. and Wright-Martin was traded in on a fairly large scale at 71? and 7-V Submnrirw? sold at H'n and later at l.".1. but recovered this loss. ! A feature of the market was the sales ! of so mo stocks which have ben neglected j for a long period. I'nlted Motors ranged ! from 1" to 1V. There was a good de-j de-j mand for vieneral Llceirte rights, with I sales at ,2i to 2. ! Oil stocks were generally quit. with Merritt selling- at 24 to Nixou-Ne-vada w,T) the most active of the mining group, wtt h sp les ut 1 at and 1 1 -1 Magma whf traded in at 47- to 47. Msxim : Munitions was steady, with sales at 1. j Cities Service preferred sold at 74. |