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Show IMUTS lilKETS I NEW YORK, Sept. 17. Overnight V deyelopmentq pointing to fresh unc y tainties in ihe steel labor situation A and official denial of any plan to pi back diidends on Mercantile Marine pteferred provoked moderate seilin:; ol K industrials and shippings at the open ing of today's stock market. The market became extremely irrc ;g- ' A u!ar after the first ralh, steels losing ihelr gains with f-qulpments Anotli r.-uovery was followed by further s- l-lfl ing in which several leaders fell un- der previous quotations. At noou ' .ails and motors became the features Texas conlp;.n gi-in.-d t". pplntfl and ! Oeneral Motors i l:. Price- otherwist A inclined downward 1 lu market lor S call mone;. n . easj ..t (i pt-r cent, but I Tfjlgn CX( hi Dge showed greater an- A '-.sines? with lare discounts lor S fanes, marks and guilders. Sterling declined to with a small fraction of a A minimum quotation. 5 " |