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Show 'DOWNWARD READJUSTMENT OP VALUES MARKET FEATURE I Spirited Rally in United States Steel and a Few-Other Few-Other Leading Stocks' at the Close. NEW YORK, May 23. Downward readjustment re-adjustment of quoted values continued to feature today's stock market until the i last half hour, when a spirited rally in I niterl Slates Steel and a few other leaders caused a firm close. New elements entered Into the technical techni-cal situation at the outset of the session, created by the failure of the war board to advjme copper prices and the more serious consideration accorded, war bulletins bul-letins from the western battle front. Rails again expressed the change in speculative sentiment occasioned by the government's plan of unified control, and bullish ardor suffered further restraints I from the. Washington advices bearing upon increased war taxes. These and related factors, including the failure of the Baldwin Locomotive directors to act on the common dividend, gave the short interest a pretext to attack at-tack the general list, which reacted 1 to Z points in the several recessions. Prices were at their worst In the latter lat-ter part of the trading, but SteePs vigorous vig-orous rebound from 1066 to 1096, a net gain of practically 2 points, served as a warning to the bears, who covered urgently. ur-gently. The sharp upswing was equally effective effect-ive In other industrials. |