Show STOCKS SLIDE BACK STEADILY 1 Wipe Out Good Portion o of Last Weeks Week's Gains NEW YORK Juno June 8 c slid back almost steadily for the third successive day Wednesday wiping cut a good portion of last weeks week's The list closed with a weak tone a number of losses ranging from 1 i to 5 points The turnover mated a million shares i Even the bond market was Inclined to yield in spots although it mair- mair tamed a distinctly better undertone than shares Only a few Stocks slipped to new low levels but failure of JUD- JUD port to appear after a moderate re me- action from Saturdays Saturday S highs was oi disappointing A few isolated weak spots unsettled the general list The Brooklyn Manhattan Transit shares again broke The common lost about 4 and the pro preferred erred 10 points Peoples People's Gas and Pacific Telephone dropped about 5 points Safeway Stores and Macy lost bit 4 t American Telephone was a soft spot sagging more than 3 points to break into new low ground Gas and Union Pacific lost about aj as much U. U S. S Steel dropped about 2 to within a shade of its low Wool W. worth reacted 2 coincident with re me- of President Parson Issues off a point or more included American Amen Ameri can Can North American National Biscuit Bethlehem Steel Corn Products Prod Chesapeake Ohio New York Central American Smelting International Inter national Harvester and Alaska Juneau Ju- Ju neau Auburn rose about 2 points in short covering |