Show STOCKS SUFFER WORST BREAK Prices Slump One to Ten Points as War Talk 1 Fills Wall street WASHINGTON J Members of the stock 26 regulation said the closest scrutiny given Riven the origin of b Italian troops had that bat marched Austria which caused the into market to nose B By ELMER C C United Press Financial Editor NEW YORK July The 26 w break in securities prices this thi accompanied an avalanche of firmed war rumors today in street Stock prices dropped 1 to In trading that reached around aroun shares Bonds had the shakeout of the year with U U. S. S S joining m itt the thc Wheat lost more than a cent a Traders were nervous before tj th opening The Austrian crl S a a of Chancellor Dolfi troubled a trading community a. a ready anxious Drouth conditions fa the west labor situations weaken margin accounts etc had placed t market in a vulnerable spot sharp bear drive forfi li Big traders and little traders do 3 metie orders and foreign or W dumped holdings Tickers fell zi minutes behind There were outbursts of selling and activity scar tereci through the day with no real resistance until the final half hoer when prices firmed about a po win from their lows but still held far below previous closing levels All Dow Jones averages wen into 1033 1933 with the utility level ap preaching the 1933 low Scores of issues recorded new 1 1914 lows In trading that often was con con- fused Some bid and others were as much as 11 points apart and so some inactive stock issues dropped as much as 18 points before any recovery set in Si 4 The list of new lows Included Allied Chemical off 9 Amen can Smelting 30 4 1 off 5 2 1 J I jj Case 35 off 7 4 1 Chrysler 32 oH oft 4 2 1 Consolidated Gas 29 off 2 H 4 a new record low for this stork stock General Electric 16 8 7 off 1 8 3 Go Gen cral Motors 24 5 3 off 4 8 1 Harvester 23 4 1 off oU 4 4 3 Johns Manville 40 8 3 off 6 4 1 Ken Copper 16 off 2 8 5 Southern Pacific 15 8 3 oft off 3 4 1 Southern Hallways Hall Ball ways 12 off 3 8 1 New York Central 18 8 5 off 4 U. U S. S Steel 33 1 off 2 8 7 Union Pacific 99 4 3 off 8 2 1 U. U S. S Smelting dropped 13 1 4 points to 3 34 About p. p m. m prices firmed some New York Central picking up a full point from its low before the close they drifted back with Central again at 18 5 58 Union Pacific recovered recovered ered to around U. U S. S Steel held around 34 1 Industrial reports were vere neglected neglected- during the day |