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Show SELLING fOR PROFITS HARKS TRADING ON WALL STREET Dealings Are Fairly Broad, However, With United States Steel in Its Accustomed Place as Leader. EW YORK, March 22. The more T irregular tendencies manifested by j today's market were traceable to . -; additional selling for profits, an Increase of operations for the short account and a diminution of public interest. Dealings were again fairly ! broad, but individual offerings were in lighter volume, except in the more popular pop-ular issues. United States Steel held its accustomed , place as leader, fluctuating on an enormous enor-mous turnover between 115J,4 ard H63,i, and closing at 115it a net loss of of a point. Bethlehem Steel yielded no small part of , its recent gains, the old shares falling 74 to 141 and the new 6 to 13-lMs. with 1 to almost 3 points in allied al-lied industrials. Pressure on Motors. Motors reflected constant pressure with equipments and metals, declines in these groups ranging from 1 to 3 points, with 1 to 2 for some utilities. Ohio Gas proved the striking exception in the latter division, divi-sion, scoring an extreme gain of 9 points at 122 on relatively large trading. Rails were roused from their apathy in the latter part of the session, Canadian Pacific heading the advance at a gross gain of 5"4 to IKY2, with 2 for Its subsidiary sub-sidiary "Soo," and 1 to 1V4 for Reading, Norfolk & Western and a few of the southern and southwestern Issues. Among the miscellaneous stocks movements move-ments were more than ordinarily restricted, restrict-ed, with few changes in prices. Distillers' Securities, however, yieHing 2Vi points on the reduction of the dividend from a 6 to 2 per cent annual basis. Total sales, 990,000 shares. Foreign Exchange Easy. No reflection of the changing conditions In the Kuropean sijuation was seen in the foreign exchange market, although rubles and lires reacted slightly, with more firmness In rates on Germany and Austria. The only interesting features of the Bank of England statement were those items showing a moderate gain in bullion holdings and a strengthening of liability reserves. The bond market was featureless, with nominal dealings in the International group. Domestic issues were Inclined to shade. Total sales, par value, $2,850,000. U. S. coupons 4s advanced per cent on call. |