Show Wall Wal Streets Street's I S CI Close se Irregular r rN N W YORK July U. In today's stock tock market showed a mark marked d contraction in volume with price movements move move- ments menta larking a definite trend Stiffer call money rates raea and nd the th a absence s nc of ot many traders had a restraining effect on business bonIness Establishment of n new now w 1925 12 high prIce prices by a few Iw specialties s was Wa counteracted by the weakness of a few others other which sank to new low tow levels for the year ur Total sales sale approximated shares haru Irregularity developed during the morning when selling pressure was wee di directed dl against Willys preferred which wag Wis hamm hammered red down 4 points point and and nd a a. few oth other r vulnerable Issues Tills This nerved to restraIn pool activities al although at al though General Railway Signal extended d dIs Its Is gain to 10 points point before noon U. U S. S f. f Cast Cut Iron Pipe ral rallied d from rom IH to HI General Electric advanced 3 and Amelea American Can 3 Strength of ROCK noel Island which apparently was vas based on expectations of high curr current nt earnings this year as a result of the unusually Iree corn earn crop was soon counteracted d dby by the h heaviness of other western carriers ear car firma rier Union Pacific Northern Pacific Great Northern preferred and Chicago fe Northwestern all al falling faling back baek a point or Dr so Co 0 The Maxwell and Chrysler Issues c continued t to t yield to selling seiling pressure Call Cal money renewed at 4 p per r c cent nt Forced d liquidation and concert concerted 1 buyIng buy buy- Ing l og resulted d In the establishment of both n new ew w low and high prices for In year P Producers rs and aDd Refiners common dropped 6 5 points to IS 18 1 the lowest loesl since 1923 a and nd the he preferred yielded S I to 34 U. U a anew a n new ew minimum since 1921 Savage Arms went wen oft off 2 to 51 61 a new low for for this this y year yer ear Chandler Chrysler and nd Maxwell Maxwel B were also alo supplied re freely Jy but Stack Mack Truck went up 3 34 8 Roller Roler Bearing Woolworth and ami the Chicago Eastern Illinois shares also alo moved up 1 39 to 4 The closing dosing was wa Irregular Mixed movements movement continued their tate late trading I with a I fair Investment d demand noted t for ot- ot Delaware Hudson Hudlon V Western tern Union Southern rn Railway and Sears Rears |