Show HEAVY SELLING SEi I Extreme Losses Are Pared Late Rally but Close Proves Sluggish NEW YORK Feb 9 waves swept through the sto ket Friday reducing quoted to 5 or more points at th the exir The reaction was generally to nervousness in advance ol oi ton tion oi of the administrations administration's n for the control of speculate Many losses were pared in t j Iii rally but the close was heavy gj approximated Trading was rather quid quiel until b afternoon when the volume pick up substantially and the tho ticker licker ta dropped behind floor transaction Final prices showed los 0 around 3 points including Amerin Telephone United States Steel Unit Aircraft Douglas Aircraft Conj ed Gas Santa Fc Fe General Pont New York Central house American Can United s SU Smelting Crysler Allied Case Union Pacific Goodyear Aa can Liggett tc My and Public Service Ser of New |