Show ke Pr Mining Financial and Commercial Comm News produce Quotations Quotations J t Ul Df P Several everl Specialties and Oils Hit New Highs Before Reaction Markets at a Glance Gance NEW W TORK OK f df heavy drop f j-e j ta ra Bonds firm fIrn fi Investment Issues Leue bauts I Curb Cub beary United 1 Founders at new low Ion ID Inc 1 to Tore IC exchange Jop- Jop at nt 1030 ae yon yen 0 Il Cotton Coton spot x t hoo Cotton CoHon Ir spot pot Ilon bo hoto bar ho- to I lac pear anti and en yg disappoint i spot pot Jt de dc- dc mand Cot Coffe Cottee t CHICAGO GO lowert rl li cable f. f Corn Cr j Un beneficial rains Arsen- Arsen I toP Cattle Cote steady l flog s HOla tidy steady By STANLEY W. W ocl Press Prea Financial Editor v YORT YORK TORK arch 22 The 22 The maket enjoyed d a n temporary outburst t o of strength in which cv- cv cral craI era oils ois and specialties were marked up to new high records to today to to- dl thy day and then ten turned rc reactionary under unde the weight of ot a 3 arSA arA volume ot of profit taking and nd ad short hort selling Most rost of ot tho the early h. h gains of 1 to nearly nearl 5 points were substantially sub t reduced and and a rather long IonS list It of ot is issues is is- 5 sues sties sold down clown 2 to tc 11 1 points be- be lorr 0 yesterdays yesterday's final ina I quotations There was as nothing In the days day's days day's news to explain tho the sudden change chango in speculative sentiment The Tho market market market mar mar- ket however has hA been moving intone into ne new w high ground sund almost daJ dally in inthe Inthe in inthe the face faco co of ot recurrent weakness of ot many marty specialties p and the t technical position of ot many issues in which pools hav bave t ha b been en operating operating- obviously obvious obvious- Iou ob ly Jy y has been weakened Meanwhile business has shown few tew signs of ot a ii D general recovery rev Operators committed to the tE eld side siide of ot rising prices stat tat tho the ro ro- cent rally vy in Sn stocks has ha been discounting discounting dis dis- counting the expected Improvement in ill business later in the year Bullish Bull Bull- Bul ish operations havo centered largey large large- Jy y In stocks of ot companies with wih the thebes best bes prospects o 0 oJ Improved improve earn earn- Ins ings Bearish professionals ha have YO found little difficulty In hammering tocks Blocks of ot companies current earnings earnIngs earnings earn earn- ings and prospects of or which have h tal fallen en tar far or short short of earlier estimates United Aircraft which recently published a favorable 1929 earnIngs earnings earn earn- ings r report rt was run up 4 2 1 points to a 3 new high at 7 79 1 2 before the advance ace nd was as checked b by profit tak tak- ing Vanadium Steel crossed to o toa a n new hl high h. h Hershey Chocolate Wast Western ern Ma Maryland lad second pr preferred Texas exa Gulf Gult Sulphur and Houston Oil ad advanced ced 2 points or more to tonet now net 1930 teak peak eak prices U. U S. S Industrial Indus trial Alcohol n a recent weak t jumped jumpe more than 4 points pint Western Union broke broko 13 points to tolU lU 1 on the statement of ot President Carlton Canton CrIon that January earnings were ere the worst o of a any month for or 15 13 years Johns Manville dropped moro than 6 G points National Cash Register Register and Woolworth were woe hammered down more than 5 G points to ne new 1930 low prices Westinghouse Electric Eastman Eastman E East East- t- t man Kodak and Simmons yielded 3 points or more and American Car t. t Foundry Auburn Auto American C Can n and and Youngstown Sheet Tube sold soki 1 2 or more points below yesterdays yesterday's final quotations The Tho closing cosing was weak Total eal sales eales approximated approxImate 23 OOOO shares hares |