Show NEW ISSUES ARE 1 TAKEN To-I To Several Underwritings To Totaling More Than I Oversubscribed I I NEW YORK TORK March aeh 21 n. Business on the stock ato exchange during the week fell feU oft off moderately from the th active and anc broad bro movement move moe- ment of tb preceding week With the diminished I I dealings mn Irregular JI r but I general reaction of of c price Cau for the reversal were presented by bythe the contusion confusion attending bonus legislation I In Washington tighter mone money rates ratu and labor disturbances of ot which the Impending Impend ing coal strike wis WU the foremost Influence Industrial conditions were wee more hopeful specially as aa affecting the Iron Irn and steel trade Higher for finished and s ml ml- I products kept pace with a pro pronounced pr expansion of output O nal Railroad d re returns re- re turns turn were disappointing despite increased The cut rn I the Northern Pa pa dividend w O s a accepted as aa evidence that railroad executives deemed deeme It unwise to maintain dividends unless earned Call Cal money ra rates several times rose roe to 5 per cent nn on the greater Inquiry from brok brokerage rale sources together with wih the drawIng draw draw- Ing down of ot local reserves by Interior banks bant Purchases Purchase of ot time funds fund also als were less lu lib liberal Iberal Ib- Ib eral eral but commercial paper of ot the test teat d. d class B sold at t per cent for short dates I tP teof The most encouraging c fI feature u of the fl- fl f- f markets market was wa the unabated demand for new underwriting These Thee aggregated considerably over and and In almot al- al almot mot eve every instance subscriptions exceeded offerings |