Show BEARS POUND I PRICES DOWN Intermittent Selling Tends to Weaken Market Mark t I NEW YORK TORE March 16 heavy Heavy bear selling founded on the theory that tho the recent rise s in prices had weakened the fe feo th markets market's 1 t. t technical e position o Imparted a reactionary trend to today today's dealing dealings Speculative to ge anoter with Interest intermittent went t l from r profit one on Iti group lakIns tak lak- fIng f- f ing Ins throughput throughout ut the day Interruption to wire traffic by storm reduced the volume vol tot vol ume urne of ot ale Biles which approximated shares share Pan-American Pan A An and B fl extended their losses lessee t to 3 5 and J 2 points re pec- pec ely tI Heaviness HeavIness' also aio cropped out In Inthe Inthe inthe the m motors tors and motor accessories Stromberg Stromberg Strom- Strom berg Carburetor dropping a point and Studebaker and White Motors i each Atlantic Coast o Line d dropped 1 Ha points points 11 and Union Uio lo nt 1 l American woolen American mell an Smelting and Marine preferred preferred t tallO also ale lost bet ground around o. pre pre- advanced a a. point In reflection of ofa ofa ofa a resumption of dividends and Industrial Alcohol moved nond up 9 to a new high rec rec- ord Reynold Tobacco B and American Ameri Amerl- can cn Tobacco also were strong Foreign exchange opened firm demand sterling selling seiling around and French francs franc being quoted above 6 it cent cents Shifting of ot speculative Interests from one group to another set let In iii motion motton a 11 I curious series letle of cro cross of prices prIen during the morning Foreign bills bill mobra moors mo mo- bra tora ors motor accessories and ome some of the investment rails we wet were e sold freely Subsequent Subsequent Sub Sub- sequent strength of some come of the equip equip- meni Independent s steels I and nl ta tas ee tobaccos O Imparted a steadier I tone to the general list around midday New high Ot records coords were by A Air e c lon lion and lilma Locomotive up i 3 and 2 points point re respectively Mexican Petroleum ordinarily Inactive advanced 16 it point points on a a. emall turnover Liggett 8 0 Myers 1 HeIschmann FleIschmann Yeast YeUit and A also Were conspicuously strong Call money opened at 6 5 per cent Efforts to get prices up were abandoned abandoned aban aban- for a time lime after midday midday when large arge selling soiling orders made their appearance appearance appearance appear appear- ance 11 In iq all ns o ot t the e list lIt Numerous Numer Numer- ous ons shares sustained as of t a II point or more mora with Mack Truck and Stewart Warner losing 3 points each Another effort 5 wile made later to halt hait the decline decline de de- cline by marking up the equipments The closing was Irregular Repetition of the re recent weakness In the Market Street railway which slumped 2 Z to 7 points and a bidding up ot of some r hea of the minor specialties featured a u d the late dealings |