Show STOCKS FAll DESPITE illY HAll YI Wool and Railroad Issues Decline Copper Weak NEW YORK March 18 selling lolling of ot St St Paul railroad and American Woolen Issues TV a were I en down to record low levels weakened toda today's s sto stock k market aft aCt aCter after aft after er an early rally had brought gen gen- general genera Ten oral eral era advances of ot 1 to 6 points Most Moat ot of these gains were canceled on the late wave ease of realizing with stith number of ot the copper and Indo Inde inde- inde Independent pendent steels showing pronounced weakness Sales approximated 1 shares chares Stock prices ralli d d briskly at atthe atthe the opening of oC today's tollay's market little affect affect- affected affected which h was waa apparently ed by the passing o 0 St St Paul rall ay Into the hands bands of oC It creditors Leading railroad and Industrial shares roro roto 1 to I 2 points as bu buying Ing orders 1 ado CI e spread over the list The St raul Faul aul common opened unchanged at 8 and the tho preferred stock do- do declined de dined to o Its Us pre loua lous low at 13 is S S P STOCK RISES With the tho bad nc news nests s concern concerning tag InK the St PAul Pauls s financial read read- readjustment Bell ell discounted the way was cleared for tor a resumption of oC operations on a laige scale Urgent short coverings le lev eloped v and the advance was n l celer by new buying busing tU Ing toi tot long account from interests which hAd been awaiting the t 1 t t-t Paul crisis Volatile Industrials spurted up 2 to 10 4 34 points with American CaY Cas General Electric Pava age l e Arn Ams Am's Pump American Locomotive o leading the tho I upward movement Southern Pa- Pa Pacific Pa Pacific and Missouri Kansas ansas Texas wore were In the lOI of ot an up- up upswing up upswing swing awing In the rails ralls each mounting 2 points United States Steel ral- ral rallied rallied ral rallied lied 12 1 points Tt Tre decline in III inthe Inthe the St Paul l was well nell tog tog- reg regulated the dIp dIp- dIpping dipping pin dip ping to a new low loss at 13 and the common easing to I Ir- Ir Ir Irregular 7 K Foreign exchanges were stere regular at the opening stelling droppIng slightly to 4 7 PIPE SHARKS RISE The clarification of 01 the St Paul situatIon a jump of oC 7 to lOc be In wheat price low lower r call cati money rates and publication of ot record car statistics for tor the tho eek ending coding March 7 all oil con con- contributed con to the brisk k rally Which continued through most ot of the morning Standard rails rans advanced adv 1 to 3 points with stills Ith Norfolk Western Western Vestern touching the hIghest price since 1917 on buying buying- Influenced Influenced Influenced by rumors of oC a special dis- dis distribution distribution dis distribution to stockholders through through- throughout throughOut throughout out the proposed sal soli sal of Its Poca- Poca Pocahontas Pocahontas Poca-hontas Poca hontas Coal properties Many In- In Industrials industrials in industrials were marked up 1 to 5 points with United States Cast Iron Pipe selling 10 points abo abose aboe e s closing quotations Commercial Solvents A opened at and the B D at oft off 5 Ii and 3 points ey and then I both rallied to The market markt just lust before mid-day mid hen liquidation of ot the St ft I Paul aul I issues was Vas renewed rene carrying the tha com coin common common mon down to 7 md nd the tho pre pre- preferred pre preferred tE to 1214 12 both nets nev record I 10 losso 8 and a 11 fieh fie e h drive 0 de eloped against American Woolen which I crumbled 4 points to 37 the price since 1916 The pro pre pre preferred I termed fell tell 2 points to 78 18 1 4 Call money opened at 3 34 per cent and then dropped to 10 3 I I Prices spurted fain again aln to around the high bigOt le levels els ot of the fore foro- forenoon forenoon noon with stith Ith mo P Pan Americans n rl ris- ris rising rib rib-Ing Ing 5 S points and General 6 but did not hold owing to renewal of ot more general selling ot of low priced shares Texas Pacific dropped from i to o 51 on tho failure of ot the erectors to declare a dividend at I their meeting today St Pauli Paul common got down n to 6 6 and the preferred to 11 Cop Cop- Copper Copper Cop Copper per made a new nest minimum price for tOr forthe the year at 57 67 anc an continued ot- ot of offerings of ot American Woolen e dro It still sUit lower loster to 37 The closing v was staB as eos easy Beth hem Bethe e hem Crucible and Republic steels stere ere addressed to new low prices tor or year In final hour and other Issues s ruled 1 to 4 points under their early highs |