Complicated Influences Appear
NEW YORK. May 14 w.ÛÓThe stock market was caught in the grip of caution this week, and prices declined.</br></br>The normal investor or trader in Wall Street this week was faced with a complicated array of problems. They ranged all the way from the probable outcome of international diplomatic talks at the highest level, domestic | economic factors, the technical posi-: tion of the market itself, on down to j the vagaries of individual stocks he might own or want to own. <Û¢*.</br></br>Tile Associated Press average of 60 stocks advanced only one day, the final session of the week, and it lost $1.80 in the five days. It closed at $162.50. That is $4.30 under the record high established April 26 just before the i present decline got underway.</br></br>' the green light was given to a major four-power conference, and at the ! same time Russia made enough con* cessions to assure an Austrian inde- ! pendence treaty.</br></br>From Washington came another worry for Wall StreetÛÓa congressional committee put a probing finger on profits being made from defense contracts.