Show T Mining I njg F Financial and Commercial Corn mercial News New s Mining Quotations wAtt STREET BORED BY BREAK IN List Sells Off Moderately but Few Fw Shat s Drop More Than Point NEW YORK March 23 The 1 D The tock stock market appeared more bored than depressed by the break In the grain market Monday and the imminence im n of further dreary dividend news nests this week The list sold oId off moderately in lackadaisical trading but few shares we depressed more than a point Bullish activity was mostly at a i. i but there seems to be no ii in ti of oI late transfers s aggregated only shares Such Issues ns as U. U S. S Steel Cenera General Gen Cen- era eral Motors General Electric Sears Sears- New York Central Radio Anaconda International Harvester Dupont and North American lost nb ut 2 1 to 1 2 11 2 1 points U. U S. S Industrial Alcohol was a weak spot dropping about 17 points to a new low in response to deferment of the dividend meeting anti and a poor earnings earn earn- ings statement Case Casc and Columbian Colum Colum- bian brn Carbon lost about 3 Auburn on the tho other hand was pushed up over q 7 points to a view new peak above and closed up 4 41 2 2 1 net OILS TURN UP Some of the long depressed oll oils turned up for a time in the afternoon after after- noon in what looked like a drive against shorts sold up 2 points at one time but was up only a fraction at the finish Frisco railroad closed 2 higher The break In wheat on announcement announce announce- ment that the farm ann board would not support the tle market for the new wheat crop was naturally a de depressing de pressing Influence on financial markets market mar mar- ket but It lacked suf sufficient element clement of surprise to prompt any hasty selling sell sell- lag ing of securities The most bullish influence influence-in Wall street at the moment moment mo mo- ment seems to be the widespread feeling that the worst is known The reduction in New York Centrals Central's dividend div rate rat a fortnight ag ago lias Ius been one of the few recent surprises al although at- at though the speculative community was fully informed as to the low level of that and other carriers carriers' earn earn- ings Several important dividend meetings meet meet- ings are scheduled for or tills this Postponement of the U. U S. S Industrial Industrial Indus Indus- trial Alcohol meeting until April 2 removes one but on Wednesday dividend div meetings arc scheduled for Baltimore Ohio Westinghouse Electric and Northern Pacific On Thursday directors of Anaconda National National Na Na- Cash Register Lackawanna and Liquid Carbonic are expected to decide what should be done about disbursements to stockholders lrA MAV BE PLEASANT So many bearish rumors have been heard about these meetings that surprises If any seem more likely to bs be pleasant than otherwise Wall street could scarcely be ex expected cx- cx to turn decidedly bearish over the farm boards board's decision to abandon abandon aban aban- don its open market operations in wheat in view of the tho caustic comment corn com ment that has come from this quarter quarter ter ever since the farm Tarm board started buying Despite the improvement in textiles cotton was nevertheless at least momentarily n-momentarily depressed in sympathy sympathy sym sym- pathy with wheat Wall VaIl street i is intensely interested lii the news that Montagu Norman governor of the Bank of England has sailed for New York While federal reserve quarters say the tho trip has s no special significance Wall Wallstreet Wallstreet street expects that he has better reasons rca rea sons for making a voyage than merely to pay a social call Some observers wonder what if any re relation re- re lation latton his visit may have hae to the agitation agi agi- tation for international action to stabilize silver |