Show I BEAR CROWD IN CONTROL AGAIN Ito Hold 11 Prices Down DO After Opening b of Exchange Session I New Y York rk Jon Jim 31 a. Industrial stocks of tho moro more representative classes gave Savo prom promise Iso of oC extending re recent recent recent re- re cent gains at the tho outset outlet o of to today's as brief session steels and equipments a again aln pointing pointing- tho the wa way with perceptible ble We Improvement In rails and ship ship- pings Trading had not pro progressed I very cry fair however pressure evidently o of oC professional character manifested itself It Itself It it- self In hl the tho motor Issues soon spread spread- n npr ng to tho general list Hat General Motors made mado an extreme re ree re versal of or 10 points ending with a not net loss 1055 of or Gi 63 and Crucible Steels Steel's initial moderate gain was seas replaced b by a n decline decline de de- cI c- c cline of sll slightly moro more than 5 r. 1 points Baldwin Locomotive len lender leader er of or recent I market also forfeited Its further advance ad advance ael- ael vance and Republic Iron seemed to tobe tobe tobe be the tho objective of or n a lively short ln- ln in terest United States Slates Steel lost only a fraction but oils and tho the numerous specialties that thal follow the course courso of closed most mostly at moderato moderate re ro- ro cessions Sales amounted to I 1 s Ii shares hares ha res Tho The most significant feature of or the time flouring house statement was another In decrease 93 ln in actual loans and discounts making a total contraction contraction tion lion of oC a about out in tho the first mouth month of or tho the new nose year Actual reserves ma made o up on only a a. small part of last hist weeks week's decrease but hut left the tho total excess at about nB as against tho the recent deficit of or almost Following Its Us course of or the preceding preceding ing days of tho week tho the bond bon mar mar- market market ket lost boat additional ground Liberty an and foreign n Issues s displayed further hav iness Ines Total sales Hales pur par value aggregated aggregated gated o Old leI United States hon bonds s were unchanged un- un changed han o on c call l during the week v I I I |