Show o I SALES FEATURE I I HOUR 2 SESSION IN N. N Y MARKET I I. I Gains Wiped Out U U. S. S Steel Reaches i 11 T New High t u k r 7 New Nes e York orl March 22 Succeeding 22 an nn n active e opening main mainly at nt irregular advances advances ad- ad 0 vances today's two-hour two session of the market experienced a a. a soiling movement mo presumably for profits which canceled most of or the early I gains United States Sates Steel was as again the thet t leader Jeader advancing ad to tho the new high of or tho the year ear of or lOOi 1001 but lost all its gain b w. w and an additional fraction fraction Rails were tho the c center of 01 ano another bear benr attack Mexican Petroleum forfeiting I almost S points Metals also gave way and utilities were to to severe pressure more adversely ad by the tho recent receivership Sales tota totaled ed shares Further demoralization occurred In the tho foreign exchange market particularly i rates for Cor sterling h. h and francs I the I former ronnel making UM is I. I qu ut the removal nl o of or b banking ml support on cables announcing another break In dollar exchange at London I Bonds eased cased in most branches Liberty Lib Lib- ert erty fourth a 4 fell Cell to a now new lo low of oC t. L. United States coupon and regIstered registered reg reg- 5 I gained J per cent on call during the tho week |