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Show STOCK TRADING IS CAUTIOUS. 1 MARKET'S UNDERTONE STRONG' i Beginning. of Steel Strike and Unfavorable Bank Statement Do Not Exercise Very Great Influence. NEW YORK. Sept. 22. Trading in the stock . market t tw 1 :i y was cannons, b'U tho boirliiniuy of the Inn;; -heralded strike in I he Med in- dustry did not exert so irreal an influence on prices as had been feared. Tin1 same was i true of last weed's unfavorable bank statement. state-ment. There were several reversals a f ter the irregular ir-regular opciiinp;. but at no time was there any pronounced pressure to !h inula te Inn;' holdings, that fact evidently making an impression uputi the ?lmrt interests. Sieds, steel equipments and the shares of i various oilier industries whoso operations liineed ! largely on ilie outcome of tlic labor situation were well supported, the new except beis beinc limited to milmed nnd minor speculative issues. is-sues. Much of ttie markd's strong undertone was attributed to ihe lack of outside imerest. public pub-lic part ieipat ion having steadily dwindled to slender di men sinus, with ecu sequent si reii-; hoii-ii.'ir hoii-ii.'ir 01 the technical position. over tduce. the first sijrns of industrial unset tlement, 1 United States Steel common ranged between lOO'j and 102, closing at the top with a Sain of points; Betblehem and Lacka- wa nna were firm, and Crucible, which again steered uu independent course, gained 1 Sj points. Equipments, motors, shippinps and rails reflected re-flected moderate buy inc. but tobaccos and food shares were especial objects of dull pools, outstanding out-standing features including Amerlcuui Tobacco, lie tail Stores. Mexican l'etroleum, Texas company com-pany and American Sugar. Sales amounted to Si.0.000 shares. Call loans opened at rVi per rent, but stiffened to 7'... hi the final hour, the banks showing I ss d i sjms 1 1 Ion to lend because of last week1!? heavy deficit in reserves. Liberty bonds were firm, but the general list wa s un eon a in. some transact ions and other 111 ilit ies n'fl'tlni: pressure. Total sales (par value) aj.-L.Teca ted S12.2aO.000. Old I'nited States bonds were unchanged on call. m |