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Show LEADING SECURITIES REGISTER! DROP Slump Is No Surprise, in View of Rapidity of Recent Rise. Nothing more than ebb and flo-w is apparent in the market, the. ct-bing tendency predominating at the moment, now that the artificial phase of the more notable advances lias been eliminated, says the Boston News Bureau. Hy and large, leading securities have di-opped back 6 per cent or 7 per cent from the hinh onotations le-en'.lv registered, regis-tered, for the most part last month, but in snnie insrtmces lesl week. Such a development is. of course, no surprise in view .if the rapidity of the 1 Ise. The U'lestliui is whether the rocc"ion can be consider-.! ;cs repi esenling v.hat Is nor-mallv nor-mallv known as 111" 1-', bruai y reaction, or r.-heth'-r hi-1 settluiit process si ould nut continue further until the tune draws near for the '. .t-t ;-. tin i im the other seasonable sea-sonable n:oe:r.ent Mio-au as the spnnq r: 'c. Those clo--t to the in filarial situation ire 1 irv pessnu.sti' . 11-it M 1 1 s t a n-l 1 11; the belief that ll.e iiitriiil operating d.ffl-i-u'tl'-s will be picllv mil trouec out -..l'Jlin ninety il:iv and t-iat there will ne no fiu-i shorlace nest winter. Tee'' point to the fait Iliat tie steel industry is operating .it the n v.(t figure in prac-ti-alh t-.ree e:i-s. that pr..f:t.s tins uuar-ter uuar-ter will be ra-iklv d i.-appi.int lug and that tc.s :u.d fuiiuer l.ice.-t:.- h-an siu.'.-cl.p-tlons are j si a - . a.i. For all the se a.l 'i,lt te.-f -;. it is hard to s'i- what oubl i-pi-hi- luiuldallon. uhb 'i is the re 1. d.-cr.-' -.t nt luaik'-twise at anv time. Ste.-I ibr.-i tuts d- lar-sl tli.ir faith in tlie situation In the same manner a-- ruinir-"rs ef bic tnduslrl.iiS, It is w-firthi- n! ii'-:e that ad c e dividend divi-dend acliic.s iiavi- nut i'-d to vio.ent t'-ll:l!g In th'- I e, cut past. Tl e N. Vo-k Citv t"nd sale met with a good ris-i-i-tun and sucui-s wdl for a pei m.mnl!:- Ii-'tr in' iviment mark-'t r'-:ls -.er. ' I-Vo-n t"e ani.oun, ement of Sei r.-tai v- M- AiIki it w-iu-d at-pear that l::e I.it-.-r'y l'"ii has bc-n put forward Into April i- -m what an be bariicl of the to'al. 'his is l.kel) t'i be .-.'-.- 1 .....i. t.-.e flur that we deterinuied ur-in a few v. c'-k.s a-r-j. |