Show BONUS ONUS BRINGS MARKET DROP Bear Attacks Influenced By Bills Bill's Passage New Lows For Year NEW CW Dr YORK YORIo March 1 18 b the houle g ge ot of the bonus bill by pro hied another o for bUr beir tta eles against tod today's ys stock iteck mar mar- mar hr more than two scort falling to their lowest prices of at tho the sear ear Only limited support woe for active active shares Bhart'S de- de the Ott Lilt Bt renewal rate for call nil money In more than a year hares roe noted Some fome slight gains were rail rails I and several mong priced low nil shares hares at the opening ot of the tho toek market m today todar but elsewhere the tendency was wae mainly malMy don n down waid ud aid with several se leading lath 0 issues eclipsing eclipsing- their 10 low of at the ear ed s e t r Jay GAINS GAISS AND D LOSSES LOSSES- Sub Substantial losses wIre were In a number of ot J I Body Dody losing being 4 and Overland preferred ted Consolidated Cat Cs-al Vanadium Steel preferred Otis Oils Steel preferred In- In In Into to national Cement and Durn Era 1 to 1 before the market begun to mo move moe e up l ur- ur un under der the impetus of ot short co and he heavy Y bu of ot shares hars General Electric sold 2 C C 0 O above yesterdays yesterday's esterday close Missouri I Pacific preferred Norfolk Western Tobacco Products Na- Na National Na National Lead and CO Coca I ICola Cola 1 to 2 point and U S Steel III Kelly Spring Spring- Springfield Springfield field and Baldwin substantial free frac fractions tons For e Irregular R IL WEAKEN After the Initial burst buret of cover cover- coverIng covering ing short Interests discovered thy they th were only enly bidding stocks up a against e Cs and renewed pressure presure against the general list list don doyn industrial favorites ere forced to new nen no low levels l I ole els for tor the Willys ear Studebaker Overland Preferred Crucible Steel Gulf States Steel and own Drown shOe Rhoe which declined 1 I to 4 points Railroad shares hares which had hail offered stubborn resl resistance tance to hear bear attacks slightly silently sll under fresh sell selling sell sell- selling ing despite the tho continued ease cae of rate General American Metal American Beet Deet Sugar and d Tobacco Products conspicuous strong trong spots pots Call money opened at 3 per percent percent cent ent and later dropped to 3 8 per percent ent OOL DECLINES Speculation was IlS Ce fe fc feverish erish after midday fitful rallies In the pivotal shares and strength of at a 11 few minor minorI I ue particularly Transit being followed e by fresh freh bursts of soiling selling to whIch Studebaker and Gulf Gult States Steel Ste-el ere ere quite sen sensitive Kelsey Kelcey Wheel broke 8 points American Tobacco t 7 71 7 and Jerse Jersey a and orth 5 |