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Show I5TIRRING WORLD EVENTS : MAKE STOOMARKET DULL ; Death of Frick, Stringent Fuel Regulations, Wil-j Wil-j son's Message and Foreign Exchange Col-j Col-j ' lapse Obscure Financial Horizon. j .VFW YOr-.K, Dec. 2. RefVctir.g the 1 unusual and diverse events which influ-f influ-f e need Its course, the se?si"n of the stock 1 .:x:hai:ge today was du'I with many confusing con-fusing and irregular changes of prices. Adoption by the government or strin-aent strin-aent r-eulations to prevent a coal famine, another collapse in foreign exchange, tlie sudden dr-ath of K. C. FrP-k and the president's messago to congress, augmented aug-mented tho uncertainties which previously had obscured tho financial horizon. As a market factor the president's communication com-munication took precedence. Disappointment Disappoint-ment was expressed in many quarters at the absenco of specific rei'-Te-nce to remedial reme-dial railroad legislation. This was partly offset by recommendations ror the protection pro-tection of various home Industries. Advices from principal manufacturing centers sought to minimize the probable effect of the fuel restrictions, but it. was not denied that further curtailment ut production and transportation would inevitably in-evitably result. Aspects of the "Mexican situation, which were distinctly beneficial to the oil shnres, and the G per cent call money rates, which held throughout the s'-ss.on, were almost the onlv develoi.'inentR which javored Iraoin-.'and tlitso lost some of their force in the latr dealinirs. Wo far as the stock market moved at. all, fluctuations were limited to such speculative specula-tive favorites n General Motors. Petroleums, Pe-troleums, equipments and leathern. Gains of 1 to 3 points anions investment rails were materially shaded at tho steady to firm close. Sales amounted to ST 5,000 shares. In the bond mnrkel, where deaUntrs in I.ibertv iesucs wro aain very Inro on a declining tendency, the noteworthy lea-tur lea-tur was the strength of local tractions. Internativjna! b(.nds reflected only moderately mod-erately the further demoralised mvv-rnertt mvv-rnertt in exeban.e. Total sales (par vnlue) agprgatd S.750,000. Old United .States bonds were unchansd on call. |