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Show LOSSES OF 1 TO 8 POINTS HIT STOCKS IN SELLING WAVE TRADERS FEAR LABORUNREST By ELMER C WALZEB 1'alt.d Pma Financial Editor NEW YORK. Nov. IS Labor troubles and adverse business ra- ports set off a decline on tha stoc jc exchange Friday that carried tha Dow-Jones industrial and com posits) average to new lows sine. IMS. Trading" Increased to around dti-ble dti-ble yesterday's total of aoo.OOO share., but the market was orderly. Losses extended to mora than S ponts and many stocks mad. new lows for the year or longer. Bonds were 1 to I point, lower. Wheat lost 1 S-i to i cents a bushel. Hide, made new lows sine. December,. IBM. Cotton firmed. Street Disturbed The Street waa disturbed over spread of labor troubles, including; outbreaks at soma General Motors plants, Goodyear's Akron plants and layoffs at Llbbey-Owens-Ford Class. Trade made a poor showing according ac-cording to the Dun a Bradstreet weekly review. Car loadings for th week ended last Saturday, reported today., stood at 8.6U cars, the. Ifiwsst fnr any svaaK .'n" fr.hm-ary fr.hm-ary 10. Bad news for steal cam. from th Youngstown district, wher. ached- ' ule. were announced for next week at 38 per cent of rapacity, decline de-cline of 4 points. Th. curtailment waa believed to presage decline, in automobile production. Tha latter rose this wek. but disappointment waa expressed Isecausa of failure of Ford to step up output. Farm implement share war. hard hit on light selling. Thin markets prevailed. The same waa true) of building shares. High priced tmsuM generally were sharply lower. Morla Driven Dawn Steal shares wer driven down to within a short distance of their lows for the year. Motors were hard hit. Rails and utilities Joined th decline. Heaviest losers In leading Issue, were U. 8. Steel at 61 6-1, off I H; Bethlehem 4 1-2, off 4 1-4; Anaconda Ana-conda M 1-S. off 2 1-4; Chrysler 6T, off 4 1-4; Consolidated Edison 24 1-S, off 1 1-4; American Telephone 144 1-4, off 2; Montgomery Ward 34 T-S, off 2 1-4; New York Central 1 1-2, off 1 T-4; Pennsylvania Railroad Rail-road 30 1-g, off 2 l-, and Hears Roebuck 87 1-2. off 2 T-S. Wide Iossm were noted In Hercu-taw Hercu-taw Powder no, off S; Caa. 14 1-S. off S T-S. and a new low; International Interna-tional Harvester 6 S-S, off 4 T-S, and a new lowj Eastman lol, off 1-2; V. 8. Gypsum 64 1-2, off 4, and John Msnvlile 72, off S point. |