Show YORK MARKETS t tJ L. L SECURITY SECURITY PRICES IN NEW J AILS CONTINUE TO MOVE DOWN Still Uncertain but hul Changes Are Few in Rest of Issues By CLAUDE A. A JAGGER Press Pres Financial Editor EW YORK Feb 6 6 RaIls Rails contin- contin I to slide downward In a listless he he market Saturday but the rest restie ie e market refused to follow and andLing Ling industrials and utilities closed 1 L negligible changes ie market was still sti highly highl of itself itel and traders still lacked incentive to take a position on cr r side side Week-end Week reports from rom rome c e and industry failed to provide h in the wa way of either cither eiter hope or ic le turnover for the thc two hour ses- ses was somewhat over o er es es and the closing cosing tone was bare- bare cady eady for for the market as a whole J jugh uh h there were individual heavy s. s burn Auto which has ha been a feature most of the week tum turn 10 points point and ad Peoples People's Gas also ally lally a a wide mover lost nearly nearl as much The tumble in Aup Au- Au p however attracted attention market otherwise all al but station station- LOSES THREE the rails rais Santa Sant Fe lost 2 points point pint Union Pacific and ad Norfolk em ern lost 3 Other losses were aw w. w Shares Share off oft about a point in ind ind in in- d Chesapeake Ohio and Illi- Illi II- II Central and ad in other groups ar losses loses appeared in American ting Cerro de Pasco Case Cae tig rican de Tobacco B lB and ad Eastman Estman few tew of the merchandising issues d distinctly heavy with First Firt mal nal Stores dropping 3 points point r and Woolworth lost about half hal uch ch h leaders however as U. U S S. American Amerian Telephone Amer- Amer Can Ca General Electric General rs and ad Consolidated Gas were gibly changed from Fridays Friday's fi f. f rices ill 11 II street appeared to be chiefly over whether the market d I meet support at the bear mar- mar ottom touched early carb in Janu- Janu The Thc market has but little furo furt furto fur- fur Te to o go to bri bring the averages down t at point point While the decline of session slackened con- con ably bly Saturday the market marketto 1 i to meet an anything hinI impressive in inay I lay ay of support support CIMENT BEARISH in brokerage quarters ins as rather rather bearish but the small smalle smal decline is ne e of offerings on the ded as encouraging Some im- im nt at interests interest including Invest Invest- Trusts that bought stock carl early dary Trust ary have taken profits on the r rise and ad have not yet yet ned to t the buying side of the theet et et end yeck-end report of steel oper- oper 5 m In the Youngstown area which s 3 1 primarily the te automobile iny in- in y Y failed fIed to provide enlighten enlighten- Operations are arc scheduled for 35 per cent of capacity next somewhat above the industry the theof theof theof whole but unchanged from of the current week winess viness of the copper shares was f r explained by the presence of cent ent metal in the market which und aund the historical low 1 i last autumn when some metal was said sId to have changed 3 as low as 6 although 6 4 1 W was S a the lowest officially quoted j producers producer arc remaining out 2 market at these prices ton tn provided a little better beter senit senIt zent sen- sen it t in commodities however with wih ill 11 11 week end rally amounting to 40 10 cents cent a bale for futures This i has held relatively steady since sice ump imp early in the te week weck exchanges moved rather wIy ily The Japanese yen was up t 1 18 8 of a cent but sterling ca- ca ruled rued 4 1 lower lover at 35 1 4 and Canadian dolar dollar slipped back 8 1 to y 0 87 81 cents cent French Frenc francs were 4 |