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Show STOCKS RECORD DRASTIC DECLINE Steels Are Center of Col lapse During Selling Movement. NKW VORK, HoV, IS.-, Wall Mi.li'l. Ill IVri'Sm,-il b t. i,.. k . ,-h.,.iK,., i m -lllllitHl In further lluilsv .-IrillilllK led.,. The reuutlon m iinieH na i Utaa iIiumU than t hat which m tended last vreeV'i ten-Mtfonal ten-Mtfonal liquidating movement. Tin) decline, today deri.il much of !t mornanttur, tram ou- nalananc ur hit money nvio, ha complete, ooltapa of for-Urn for-Urn r xcha me. aucl Indication that th. safoty of the financial aluiuiion demand, .1 further readjustment of speculative run-dltions. run-dltions. In Uie course, of the reversal, man) stocks went considerably below rec.uit minimum quotation, and mils, whtcti av promlsa of laying a aound fouiula-tion fouiula-tion for futftre operations, eased at the first sign.-, of pressure. lA:al brokers were less active in thp selling than the commission houses. This, confirmed the, Impiession pr.- u-nt m many quarters that tlie accounts ol many, out-of-town t radar uh reduced m.irsins were bring liquidated. I nsellleinem .-entered in Crucible Steel, one of the i.4iiious "war brides." and later W-pular as a "iwnce industrial." Crucible not so long aso void up to Jlii'.l .1 slur.-, more than three Slid a half times lis high price of 11S, and almost two and a half times higher than lis maximum m the Nv.m of lsn. Us ex i nine decline i.tl.it " .-!, points to ITS'. . from winch It rallied " points. Other steels of the so-called independent independ-ent group reacted ;. to almost 1;'- poln:-. with km.ire.1 equipments, motors and to-tuiovo. to-tuiovo. the movement, as u whole, brim; -'r,M K': SUKSesIcVO Of the enforced clo.-l:. out of "pools" and slnill.ii- professional c.iques. |