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Show LIST DECLINES UNDER SELLING j Losses of 1 to 3 Points Suf- i fered By Most Ac- I tive Issues 'J NEW YORK. Sept 87. SpOCUlat- 'M Ive operations in today's stock market . .i were again on the. selling side, with H resultant declines of 1 to 3 points In ;J most active- Issues. The Increasing ten- 1 elon of tho Near Eastern situation. passage of tho Pittsburg coal dividend. hoavlncss of Liberty bonds qii1 the re-A re-A ported opposition of bankers to fur-i-J ther expansion of brokers' loans ull contributed to tho more ten of- , firings Sales approximated SGO.000 I 8 Threats of war in the TT East still cast a dampening lnfuence over tho stock market at todays opening Tho oil group was the only landing land-ing exception to the general ward trend Gains of 1 to ncerlJ -wSS registered by Wnsdaii "A," Houston. California Petroleum, Phillips Petroleum and Standard Oil of California, the hat named -it a new high. Mexican Pc- troleum, however, toll back a p nt and Murland and Atlantic Gull voided void-ed to feel the unfavorable effects of poor August earnings statements. Union Pacific. Delaware & Hudson, and New Orleans, Texas & Mexico b'-ing b'-ing tho first to slip bark under selling pressure. One of the early features was an odd lot sain of 10 shares of tho Atlantic Refining company at 200 a share or ?2G a share above Tuesday's Tues-day's odd lot quotation Gulf States end Vanadlam also were subjected to professional short selling, dropping a nnlnt or more. I Scattered liquidation and bear pressure pres-sure against certain speculative issues is-sues carried the whole list downward In tho forenoon Indications that tho early bidding up of tho oil shares was used as a 6creen to unload stocks elsewhere caused soma profit taking In Standard Stand-ard Oil groups later, California and New Jersey being carried down a point below Tuesdays final figures. Further Fur-ther easing of the rail money rate to 4',i per cent was followed by a rally In Mexican Petroleum which advanced advanc-ed from 187 to 1894 and a rebound In Standard Oil of New Jersey which crossed 200 to a new high f"i" the year Strr-ngth of these issues Lndui -cd a partial recovery In other parte of the list around noon. Amerb an Ri dJator rising three points t . n w high and Delaware, Lackawanna & "Westcrn moving up 2:V Passing of the quarterlj dividend of 1 per cent on Pittsburg Coal gave a renewed impetus to prices after midday. mid-day. Pittsburg Omil slnmpe. 1 K Vi points to 59 and the steel, public utilities, equipments and investment railroads also weakened substantially Du Pont Powder yielded four point'. American Car three and Lima Locomotive, Loco-motive, Bethlehem Gulf States nnd Republic Steel and Western Union two to two and one-half points Sensing the absence of fresh buying power, short Interests continued thell attack In tho final hour, being aided by the liquidation of small holders. Prices of the leaders closed ut r around the lowest figures of the month. The closing was weak. |