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Show THE WORLD'S MARKET NEWS WALL STREET. New York. N. Y.. Jan. 16. Price movements were irregular during the morning, but in spite of occasional rallies; the tendency was downward. The liquidation of holdings of long stocks Increased the available supply and quotations gave way to the extent ex-tent of a point or so in many cases The professional traders were bearish bear-ish believing a reaction was due, and the effect of profit-taking was increased increas-ed by renewed operations on the short side. In spite of selling for both accounts, however, the market betrayed no pronounced weakness Heaviness of the London market for American so curitles held some influence in determining de-termining tho course of prices, and international stocks were weakest Many of the low-priced specialties developed de-veloped strength. Bonds were firm. |