Show STOCK Slump in Grains and Cotton Canadian Tax Gold Weaken Shares ELMER C. C WALZ United Pros Financial NEW YORK April moved irregularly Thursday with dealings light Grains wheat fluctuated widely at atone one time was off 1 a bale The market closed irregular sod quiet Demand for Electric hate Iti the session wat feature The stock closed at up 13 Steel common firmed is' is isa a time but ended the at 51 34 Auburn 45 2 1 off 3 5 were noted in American Can and lean Telephone Near tho traders bidding for Lead against a previous of 1601 No sale aS made Early afternoon saw wheat dro sharply with the May and July p off the limit of for a single day 5 cents a It later rallied Cotton broke more than 1 a It too rallied Stocks were only momentarily af footed Silver and rubber were perturbed Measured by the averages the stock market did practically no Ing Small gains In rails and ness In utilities were offset by a mild decline in the industrial aver aver- age Gold mining shares were o announcement of imposition of a i iS S per cent tax on gold by the domin ion of Canada Silver issues lower for a time rallied when it wa learned the president to toI I moot wIth q s. s t ver interests Copper Issues were steady most of the day Auburn automobile at ti was down 4 8 7 points at 44 1 Na National Lead lost more than 4 points in light trading when the rectally predicted stock split failed tode at the annual meetIng Crucible Steel preferred rose a point to a new high for the year on ona a statement directors would be asked to pay some of the dividends if business continued to hold up Gains of 1 to 2 poInts were made by Hazel Atlas GIa U. U S Rubber first preferred and American Smelting Steels firmed lath Rails svera higher on Indica Indications of another rise in car lags Motors except Auburn were slightly higher |