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Show LIBERTY BONDS IN TWO PER CENT DROP NEW YORK. Nov. 17. Liberty bonds moved in a perplexing manner on the stock exchange todav, the -l's declining the' first hour to the new low record of $98.18, a depreciation of almost al-most two per cent, while the 3s advanced ad-vanced from yesterday's final quotations quota-tions of $99 to $99.28. Various reasons are given by bond dealers in explanation of this movement. move-ment. The more popular theory Is that the 3Vi'.s, being exempt, arc most j favored by persons of wealth, while the 4's aro subject to a super tax. It is believed also that manv subscribers sub-scribers to the four per cent's "found themselves unable to take up their allotment al-lotment by reason of existing conditions condi-tions In tho stock market and that these subscriptions are now being liquidated. li-quidated. Tho 4's continued to decline to 9S.10. closing at 9S.34 whilo the 3 1-2's roso to 99.58, closing at that quotation. |