Show Wall Streets Street's Close Is Rea Heavy vy Markets at a glance glanc mv YORK ORli Stock Stocks lower loner breaks break 15 points point before recovering non Monds flond 1 Irregular t L. L S. S anti and foreign for for- eign government l I issues us firm Foreign exchange exchanges Belgian francs franc higher on loan lORn prospects favorable Cotton barely burely steady weather tugar t dy I Cuban support Coffee 10 loner loer u unsettled Brazilian Ins market CHICAGO Wheat heat higher predictions rain Canada Canade on Corn orn fR easy t fine weather rather Tattle Cattle lower loner ea MIS cony I c- c NEW r-EW YORK Oct 7 AP Further Ap-Further Further weakness developed In today's stock 11 IT arket Encouraged gec by a continuance of easy money rates ratu an and favorable trade news new operators for the rise endeavored to rally tile the list at the opening and succeeded succeeded suc Cue In marking up a number of is issues Is sues sue 1 I to 7 points The rally lI again aln failed t. t lu to hold however and was followed by energetic bear selling of the motors and public utilities which eventually undermined undermined undermined under under- mined the general list and sent prices crashing 2 to 20 0 points below their I earlier high levels levell In Institutions Institution selling was wag one of ot the latest reasons advanced In Wall Vail Wallstreet all street for tor the reactionary movement with large Insurance companies reported 1 to be liquidating high grade rails and industrials whose current yield Is below I that of nany many bond bonds Commission houses house also alo reported 1 rather extensive liquidation liquida lion tion of ot impaired marginal accounts account and ard little new now buying on the part of ot small traders and Investors Despite the tile Apparent plethora of or undo funds available on c call II and the continuance of the he 4 per cent rediscount rate rUe by the Boston Federal oe eral Reserve bank the credit situation Is 1 still a source of uneasiness in some lome quarters because stock exchange member loans are n a the neighborhood of ot three and quarter one billion dollars One of ot th LIt Interesting features of to today to- to day days daya s session was waR the sudden weakness of public utilities which started with the selling of ol North r-orth American company and and then spread to American Waterworks Water Vater works ant and other popular Issues Issue In that group General Motors Moton was again of offered offered ot- ot In tremendous volume breaking from on om tr IRS to around while Dupont cracked from to 39 Extreme declines of or 4 points or more also were recorded by Nickel Plate Plat common U. U S. S Industrial Alcohol and andU U U. S. S Cas' Cas Iron A About bout a dozen issues collapsed Ir dR Refrigeration to rl new u uon low on Atlantic levels ic Including Gulf and West Vest Indies preferred and Electric Pow Pow- or C and Ll LIht ht was heavy A slight tightening tight lg l fl b I ening of call money n rates brought an another another an- an other Influx of selling orders which ca carried car car- r. r ned ried United Jolted States Steel Suel down to General Motors to and Dupont to 31 the latt latter r representing a l 15 point drop from last nights night's close Support was waR quickly extended to the leaders bringing about partial recoveries but was by extreme nervousness ncr ner- throughout the final hour To ro I I tal sale saies aha shares res A A |