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Show New Low Levels of Prices Not II Only for Year, but for Long M Months Previous. H I CONSTANT HEAVY SELLING. 1 I PRACTICALLY NO SUPPORT H I Unusual Unloading of Copper jjffi Stocks Has Cumulative Ef- B feet Upon the Metals. NEW YOHK, Feb. 7. This was an- other day of extreme and almost un- 1 21! explained- weakness on the New York stock exchange. Stocks tumbled stead- ily throughout the session under the Hull pressure of enormous liquidation which wHHJ was accentuated by lack of support. Wj Despite tho absence of specific rumors of a disquieting nature, quotations ffll broke through tho low records of last' H week, establishing new low levels, 'Ram not for (he year alone, but for the flBni period da tine as far back as the boom fmtt of last summer. EJjjj Although not. the center of decline. i as was the case last week United States Steel common dropped today to 75. a KD loss of -1" points since the closing price of Saturday; OVa points below flM the price a week ago and more than 13 SI noints below the quotations of a mouth jBI The selling of copper shares was tre- MBi mendous. American Smelting oommou WNa dropping- to 77V1 from S2 at the close on baturday; Amalgamated Copper W& declined 6)U points to 71: Anaconda 2 fell .'I'j points to 46; Utah Copper wout M down 4 points, to 44. Beading fell 9& an even 5 points; Union Pacific dropped HI 4 '4. Southern Pacific 4, while losses l throughout tho active speculative list SI , ranged from 2 to 6 points. The mar- SI kot closed weak aud nervous. Bfl A scat on the exchange was sold mm this morning for $S2,000, a decline of JKn: $9000 from the price paid for a seat Sff- two weeks ago. jBj |