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Show OCCASIONAL WEAKNESS IS NOTED IN GENERAL STOCK LIST Widely Conflicting Influences Subject Market to Heaviness; Prices Open Higher, but ;. , Close Is at Loss. i.H NEW TOnK, July ,10. Storks were sub-jo. sub-jo. ;.! to widely conflict ins influences rod ay, creating hen v in ess and occaiona I eukness in in:tny of tin1 hares which usually govuru I lie course of tiie market. Trices were 1 to 2 points higher lit the outset, out-set, tin; sii'el di i.-iou leading on r he excel-li excel-li ill quarterly statement issued by the United Stales Steel corpora lion a t ler the close, of j I'ii'rday's si-ssiou. Heavy selling, which immediately follnwed and had its Ij.imh mainly in widely circulated rumors that the federal reserve board at "Wasli-ini-'ion would Ik. Id anolher conference to consider con-sider phases of the local specula live situation, l'hvi' the market a setback of " to 5 points before noon. Ieninl later of these rumors resulted in substantial sub-stantial recoveries, but only in a few important impor-tant instances was the reversal of the niorii-inj.'' niorii-inj.'' em i rely ovprconie. Another rest ra i n i m: development was the evi dent purpose of the banks and other financial institutions to exercise greater d i-erim i na t ion in the makinir of loans on all ind us trial od-la od-la feral ami the increasing scarcity of lime money. Aside from the vironlh of a few specialties in which The inane livers of pools and cliques were a en in more or less ef fecti ve, notably tobacco, to-bacco, pa lie r ami leather is Mies, moderate losses prevailed at I tie close. Sales amounted to l.iWO.UOO shares. I'nsettlenieiit in exchange on Paris, which approximated ap-proximated its minimum quotation, caused variable vari-able re 'to ions in si er line lira and the Swiss rale, but Scandinavian remittances were comparatively com-paratively steady. Weakness of local traction and a slight setback set-back in interna tionals featured 'he irregular bond market. Total sales (par vain-) iiKjcre-Kaied iiKjcre-Kaied Sltf.floO.OOn. Old I'nited States bonds were nnchanired on call. |