Show WALL WLL STREET NEW YORK YORK June 28 Dullness was w. w th the chIef chef characteristic of toda today today's ellon session of ef f the stock tock exchange Total transactions approximated shares a 10 lo for many nany months Developments Development over the wee the b banks especially a and poor the r railroad showing agli situation of lr which lr reserve e- e in in new d selling at the open opening opening- In Several of of the prominent Industrials and and railroad specialties reacted reacted 1 to 1 I I 14 points Distinct pressure presure was shown by Crucible Sloss Sheffield She feld field Baldwin Locomotive Illinois Central and Barrett company Further ease was WI manifested by preliminary quotations quotation for foreign exchange Eary Eany dealings both in stocks and bonds bond were extremely light and professional Trading during the morning established a anew anew anew new record for tor dullness The first hours hour's business of about about shares shar was at attained tamed by further reactions reaction In steels equip equipments ments ment and specialties comprising the chemical chem cher ical group which fell fel 1 to 2 points under Saturdays Saturday's cia closing In I prices price These losses loue were extended before noon when motors and rails ris participated In Inthe the further reaction II tion There was wal little buying power even at at ton the more ore substantial recessions Call Cal money opened at 0 9 pe ent repeating last lat weeks weeds low quotation t o Representative oils ois and nd equipments equipment led another rally raly at midday the shorts hort covering i when call cal money failed to rise rie above Us its Il initial rate Brokers reported a more liberal lib eral response to Inquiries for loans loan extending extend extend- ing Inc into August Augut and nd September lb-I lb Although call cal money rates rate relaxed in the thelast thelast last lAt hour the market maket continued to decline especially In steels and equipments The closing was was heavy heavy |