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Show WALL STREET SPECULATION RE1AIN6 UNDER RESTRAINT Stocks Are Heavy at Opening and Close of Ex-1 change; New Low Minimums Reached. ! NEW TOHK', Le:. 7. Stocks were r.eavy in the rirst half of today's stagnant stag-nant session, but made i:p part of the it-loss it-loss later, though closing with a heavy tone. The movement was the narrowest and least important of any day for many weeks, total dealings uggrc-gnting onlv 33t',0no shares. The same influences which so long have served to check activity and initiative were again operative. Uoreign news offered of-fered little encouragement, and jmnendlng oevelopmonfs at Washington wfre reflected re-flected in the hesitant tone of industrials and war issues. Kails bore the brunt of the eailv reversal, re-versal, investment stocks making gross recessions of 1 to 2 points. Vet new imuimums were reached by Kaltimore & Ohio, at 54. and Pennsylvania, at 4U,, .celline of t!:e latter aain susesiing 1 urgent lhjuidation. ; Utilities extended recent lo.-?es. 'ost- 1 ern Cnion, however, itainint; its i tKdnt decline. I'nited States Steel was ; under piessure mot of the time with uther cfnnpments, but rallied sliehtly in J the last hour, only to fall b;uk anain. ; Sh ipptn., coppers, and some half-SvOiv .pecdlatiNc specialties reacted and recovered recov-ered as the movement shifted elsewhere, ending tor the most part, however, at net international bonds were hea'. An?Io-I'lcnch An?Io-I'lcnch 5s esiablishin their lowest i:ota- : tion. ;it 1 3 . French municipals alsu weakened. Uherty 4 s ran tied from :'7. If, to 0T.;;0, and tiie S'-s irom Cts.4.s to 1.70. Total sales, par value. $.1 jO.1'00. L'nited State? bonds, old issues, were uncliaupred on call, the registered 4s declining de-clining 1 V. 1-er cet:t on sales. |