Show Profit Selling Bonds Drops J NEW YORK Aug 23 OP Pp Pl selling encouraged by the reo reee rise left lef its mark on Fridays Friday's b bo market Fridays I INear J Near the final hour many favorites in the corporate diV showed losses ranging from Ira fK tons to around a point J Some Canadian issues gave UP p part of their sharp advances h week but loans of Canadian N tonal Railways and Candian Canadian p Railway picked up new g gal running from 1 to around 5 p poin t Selling seemed to be based mal mally ly on taking profit taking prof-taking by traders wi assumed the rise had enough for the time being gone Renew of nazi air attacks on London al SI seemed to influence the shift Among the losers were Santa Sant I general International electric Southern Souther Railways 4 Loews 31 s Chesapeake B Oh i 3 Vis s and City of New York 3 Argentine of 1972 dropp nearly 3 in the foreign listen Buenos Aires of 19 1977 were wert more than a point the government crisis in Ar resulting in the resi resignation naton 0 President Ortiz held In I narrow U. U S. S range treasury issues jn |