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Show NEW YORK STOCK MARKET ' . IS EXTREMELY SUPERFICIAL Standard Stocks Make Little Headway; Some of! the Specialties Score Good Gains ' During Short Sesstion. XttW YUKK. July 7. With Hie exception ex-ception of Canadian I 'aeil'ic, which retained re-tained tho greater pari; of its two-point ; adva nee, standard storks math lit tie headway in today's extremely superficial ma rkct . Heading forfeiled almost a point and 1 nited States Steel wis sluggish within contracted limits, forfeiting its slight advantage ad-vantage at tJK- end. Other industrials and (-(tuipni.-nts of the popular class v.vro equally irregular. Specialties and miscellaneous issues such as American- Tobacco, General ikmis. fislillefs. Virginia-Carolina i hcmical. Wilson 'acking, Cnited Stales 'lubber. I'niteJ States Realty and Worth -Mm ton I 'u nip. scored extreme .trains of I to :; points, hut. General Motors reacted re-acted six with only module reooverv, and both American Telephone and Western West-ern Union mipplemented recent reversals. revers-als. Sales amounted to J 1 0,000 shares. Week-end news dealt with the coming: com-ing: conference in this city regarding steel production for shipbuilding- and the reviews of trade agencies, which emphasized empha-sized the greater activity in war industries indus-tries to the detriment of non-essentials. An Increase slightly in excess of $118,-000.000 $118,-000.000 in actual loans was the noteworthy notewor-thy feature of the local hank statement, actual reserves showing a very moderate contraction. Bonds were steady on nominal dealing's. deal-ing's. Total sales, par value, aggregated ?i ,y2P,000. UnJted States bonds, old issues, were ' unchanged on call during- the week. ! NEW YORK'., July 27. Predictions I that congress is riot likely to impose very j severe burdens on business in the new revenue bill, and a sudden drop in. call j loans to Llio lowest rate of the month, ; were quite as helpful in this week's firm j slock market as the news from abroad, j There was little in the stock market ' to warrant detailed discussion. United ; .States St-eel far on I distanced all oih'T issues in daily deali ngs, but closed with only a. nominal change. Other industrials, equipments and special spe-cial issues reflected the caprices of traders trad-ers or pools, public interest being at low ebb. Of the high-grade "rails, Canadian Pacific and Reading1 were almost the only shares to display any animation, the. former for-mer gaining- substantially on settlement of the threatened strike in the dominion. Bank clearings again reached enormous totals, but general lines of trade continued con-tinued to be dominated by federal requirements. re-quirements. International bonds were slightly more active and stronger, but Liberty issues made up the great bulk of dealings in that division, the 3s hardening appreciably. |