Show WALL STREET By Associated Press NEW YORK Feb 7 United United States Steels Steel's further decline of virtually a point to the lowest quotation since the cJ ig reci it cut u in the extra dividend accounted account account- u ed largely for Cor the tone at the opening of today's stock market Other Industrials as well as equipments and metals reflected further selling pressure at declines of ot fractions to a point Rails Ralls were again listless but also declined toward lowed levels with The few exceptions embraced International Paper and one or two other specialties controlled by pools Declines were partly checked after the first half hour on supporting orders in United Stat States s 's Steel and moderate buying of ot oils and General Motors Later fresh Cresh selling developed in the equipment group and high priced miscellaneous issues Steel Foundries adding 4 points to yesterdays yesterdays yesterday's yester yester- days day's severe decline and Woolworth makIng making making mak mak- ing a precipitate drop of 6 Feature of the bond market included a 2 point raise in Virginia deferred certificates and a sharp advance and subsequent reaction in Russian 5 and 6 s 61 per Ier cent external I bonds on the curb |