Show N N. N 1 Y EXCHANGE LEADERS FALL NEW YORK July 23 to Buy jP-Buy- Buy Buyers er ers s Thursday generally turned th thumbs down on the stock mar market et an and d leaders dipped fractions to toor 2 or more points Steels Steels' tried for a a. rally at the theart st start art but failed to attract a a. sufficiently sufficiently suf suf- suf- suf fl strong following and soon w were ere in the forefront of the re re- re- re tr treat eat A n number of blue chips w weakened Rails Ralls acted a a. bit better better bet bet- te ter r than other groups although the m majority held to the minus col col- col- col u mn Most quotations were around th the e lows in the closing hour Dealings Deal Deal- Dealings in ings gs picked up during selling intervals intervals in in- te and slowed appreciably on re recovery covery attempts Transfers for forthe forthe fore th the e full proceedings were around 35 shares Among retarding factors were A more depressing brand of war I ne news ws the administrations administration's push fora for fora a much bigger tax talc bill and fears fo for r dividends of many large cor cor- p orations The waning of midyear midyear mid mid- y year ear reinvestment demand and a sl slight ight cooling of inflationary temperature temperature tem tern p also were viewed as re st Prominent stocks on the reversal reversal re re- re- re v versal ersal included U. U S. S Steel Bethlehem Bethlehem Beth Beth- le lehem hem Chrysler General Motors American merican A Can Dow Chemical Du DuPont DuPont P Pont ont and Allied Chemical Bonds Bones slipped at the last and major m ajor commodities backed water A At t Chicago wheat was off 8 3 to 7 8 7 8 of a cent a bushel Glen Alden Coal and New Jersey Jersey Jer Jer- s sey ey Zinc drew bids in the curb L Laggards were Gulf Oil Iron I ron Pittsburgh Plate Glass A Aluminum of America and Brewter Brewster Brewster Brew- Brew s ster ter Aero |