Show SECURITIES ON RECEDING TREND New Low Records Are Attained Attained Attained At At- on Wall Street NEW YORK Nov 13 Additional 1 Additional downward revision of values In the securities se se- se securities market this week accompanied the further levelling of prices in the commodities m markets Losses of ot 5 S to almost 2 23 5 points In a wide variety of ot stocks established low lov records for a pe period period period pe- pe of oC one to three years Heavy accessions to the country's unprecedented unprecedented unprecedented un un- gold holdings and return to this market of vast sums released from Crom moving crop-moving centers failed to bring any relief to the strained monetary situation save for a temporary easement of demand de demand demand de- de mand loans In the steel and iron trades and more particularly In the tho textile and kindred industries the reversal made greater I swath cg consequent d reduction ui n of J wage schedules S contracted pay rolls I Ia a and Increased unemployment several of the leading railway systems announcing further further further fur fur- ther laying off of The break In international remittances comprehended practically every financial center of oC Importance on the eastern hemisphere excepting the British Isles It extended to South and Central America America Amer Amer- ica lea where serious trade dislocations dislocations' threatened the enforced rejection of oC extensive extensive ex ex- i obligations with business interests inter inter- I ests in this country I II The note of qualified sounded bY the federal reserve board respecting esp i I u e c conditions shared b by con con- on- on Jerva l v er s W iCh how how- j t N. N SU I t rt J y ever again stressed the Importance of limiting credits to essential projects I For the first time since the early autumn no new capital issues were announced anI an announced an- an and the trend of oC the bond market market market mar mar- I ket suggested that latest events had hadI I prompted increased caution on the part I of oC investors |