Show TOCK fOCK MARKET BOGS DOWN DOWNIN IN EXTREMELY tIGHT LIGHT SELLING i iLA LA LATE IE SUPPORT i iP P PARES ARES LOSSES By Uy VICTOR EUBANK Ao Associated Press Fi Financial I Editor cUto NEW YORK May Olay 31 31 The The stock 1 market bogged down Tuesday under i extremely light seWn selling Losses Losse ran rai to ta 2 o or more ts a ate at ate U te e worst 1 but SUPt Jn p 1 the mal final hour nou e enabled pivotal t issues to ch chip d down wn e extreme tr m d declines Un and nd he here her a attee and d theta there modest ph plus sIg signs w were ve te In evidence evi vt- vt den dence e at the ck co close There were sev sev- ra ral new ew 1938 tows lows recorded d. d The smallness o of volume youe provided some comfort coot for o- o a analysts a. i If not ot ot for the commission tS The rne ir interpretation in in- was vas wash h that t Important hot holdings hoWs are reluctant to ta cone come out at current prices Transfers s s toW totaled shares rr rrt tt movements of Commodities om tie ties did mu much q to temper what liWe bu buying ing ir urge Ug was waa present In Ii the stoc stock t list s s shifted ined over ver 52 an Jr Irregular glar g lar laz range ang Foreign eign securities ma mar markets a et pointed downward down Q top to too o of business and Industrial In ft forecasts trading cing contin COI could ou d discover r s art ant stimulation tion f in I Washington happenings happening r Talk U o a r revival v of ot tb tIe the ate lately r shelved Iv d reorganization bill biH was said to h hare v chilled Wall Str Street Stet t sen sentiment senti zent t- t ment in addition to the battle batte over tIe wa wage hour e and ard pu pup pump pr x measures asure wh which ch mi ht delay delar adjournment ad ad- ent of ot co congress greS SU Supreme reme C cou court t d decisions the last lase before this tiL body reconvenes 1 in o October Oc tober toler after t its summer recess we about a stan stand off of marketwise wise |