Show ALL tALL STR STREET SUFFERS ET-SUFFERS SUFFERS SHARP SHARE REACTION AFTER WEEKS WEEK'S BOLSTERING OPERATIONS OP Decline Regarded as Natural 1 Reaction Geneva Crisis Felt General Electric Is Hardest Hit of Active Industrials Industrials In In- Rails Fall Back With Others Rails and Oils Show Declines NEW TOnit March 1 i U Br By the Associated Tress Press Prese Stock prices turned d decidedly ld re ary In to today's today's to- to days day's market under he heavy tion tot for both coUnts accounts In view of ot the s sustained d of ot s d the first five days ot of the week when most of ot tha thEl gio nd lost In last weeks week's re reaction was wali d the decline was wu g generally reg regard regard- rd- rd ed d as a natural l correction of a a weakened technical position aced aced- accelerated erat rated d perhaps by the Bale eale of stocks to provide funds for tor Income tax tx payments next Monday The political crisis crisIE which develOped developed devel devel- at Geneva over oyer the admission of ot Germany German to the league ue of ot nations was wa the thE only unfavorable news development de- de of the day Iri In some soma quarters there wa was a tendency to give ghe this as a reason renson for tor sor of ot the selling b but t It I wa waS noticeable that the foreign exchanges ordin ordinarily r- r 1 fly ily sensitive to 0 E European political arid and hd economic news neWs newL displayed displayed dis die played a steady dy tone ton throughout the da day 1 Total sales salEs were O shares Of or the active Industrial Issues General Electric was the hardest hit hi breaking 10 points to 31 Na National atonal a- a tonal Tea fell tel 14 1 8 6 points point to 8 3 on one sale and U. U S. S Cast Cut Iron Pipe dropped 8 S points point on two sales ales Allied Chemical American C Can n. n Federal Feder l Mining and ant Smelting Hudson Motors l International T Telephone Tele le- le phone Mack ack Trucks Truck Se Sears Sears floe rs-n rs e- e buck SheffIeld Sloss Steel Union Carbide and Woolworth all nl v sho showed d net declines d of 4 to 6 C points pointE U. U S. S Steel common which had been bee bid up earlier eatHer in the v Week ek on reports report of Increasing Inquiries dropped n nearly arly 3 points to 14 1 4 closing dosing n near ar the bottom General Petroleum touched a 0 new r record cord high at 62 7 8 and then sagged to toCo 60 Co 3 8 Off ot 1 4 3 4 6 On th the the- thE day Rails flaIls fell fel back With lh th the Indus Indus- trl trials ls with wih the Van SW IsIle Is- Is Ile Sties showing the thE l largest larget de declines ln linEs s. s Nickel Plate dropped 6 4 1 points to 2 1 Che Chei Chesapeake eak t Ohio fell tel back over o er 4 points to 10 8 7 and then rallied to 13 4 3 and P Pete Pere re Marquette showed a net loss loS of ot 1 8 5 at 85 3 Sh Sharp h rp recessiOns M also took place In Atlantic Coast t Coi Line Louisville D Dela Delaware leware le- le lt- lt ware Hudson Lackawanna 6 Reading Commodity dl markets were werd ml mixed d. d Wheat heat prices priced were ere m moderately higher higher but cotton coton futures sagged 4 to 15 iS points co Coffee tee was 0 e to IS I points net higher and a firmer ton tons ton also developed In the sugar ugar prices price Foreign exchanges were quiet Demand D mald sterling held firm nt at 85 4 3 French francs showed A d cents cent only a nominal t l recession at 36 |