Show WAll JA LL STREET STILL UNEASY I Policy of the Powerful Group Gl p to td CRuse Doubt Continues on on Market NEW NEr YORK YORKi July 23 The stock market today still d the ills Of f sentiment which s l followed the cut In Jn National Lead dividend The TIme significance of 01 that lint action as us u n maim tion of stock market strategy nail anti financial policy on the thu part of ofa a it I powerful roup group of ot Us its ability to lo cause call C uneasiness still sull holds The rime abil ability a ity II grows grov mainly m out of tIme the position n of hii Ow financial group roup In the tho copper industry whose whoso efforts lo to form forman ItO jin agreement to curtail l production antI and hold up tip prices have been report reported ed id e Tho adoption of or a contrary policy of cutting prices to lo the level of oC subsist subsistence diCe ence only anI for the thc Jow low cost CORt producers of copper would entail consequences that are dreaded from rom a speculative standpoint The Time question of dividend maintenance nanco was made to lo apply to United States Stool Steel on account of the time approach of or the time dividend d meeting next Tuesday That Flint stock sold down to a rt anew new low level for fOl the year but re rc received influential support mi on u the de do decline d cline I Compilations published of rail Tail railroad railroad 1 road earnings for Nay May as reported to I Ithe the interstate commerce commission which showed for all roads reporting I gains compared with HIt Nay May ar of ot last year oar 1 of or 1025 1625 per pel cent in I gross ross ami mul of or 01 per pei cent in net The showing is hotter than tho April showing when tho increase over o r the lie preceding year rear was or 11 per ler ler cent coOt In gross mill and or 5 SI per hem cent cen t In lii not noL The rile bank statement mont showed a gala gain gainin galaI in III I actual cash eash holding of oC upward of oC hut but with only a n nominal decrease in loans x 4 u 1 DOD S w re saleS par value allo U P S bonds unchanged on ori call from lust week |