New York, Mar. 18.
Wholly under the influence of disquieting reports on the tense European political situation, the stock market today recorded further substantial losses in very active dealings. Prices dropped fractions to more than 4 points on a turnover of 1,010,000 shares as holders lightened commitments for over the weekend and large blocks changed hands at progressively lower levels, Near the close the market displayed a steadier tendency and, in some cases, the earlier losses were partially recovered, but the session ended on an uncertain and irregular note, with the majority of operators awaiting clarin fication of the position.
Text read from the printed page and cleaned; old type leaves the occasional error.