Show BUYING HAL HALTS IS STOCK DECLINE 7 J 1 S Steel and Western I Rails Drop Closing Is Firm YORK TORK March M 27 7 Strong buting bu Ing support presented pre another nother Sharp harp th rp collapse ot of prices price In todi market after art aft r In Stoles States Steel 1 common on and nithe the ralI rails had been en ento to 0 lie ne new low lc el I el for tor or the e nr Higher call money rates rales due to the extensive callIng ng of loans are arebelle belle cd to ha ha hao o 0 Influenced some om sale roles ap ap- ap of ot if the tho sellin Total 1 I shares sharer sh re Mined price mo charac the open opening III I ot of toda s 's stock elock lock market Baldwin Bald ln opened 2 points point higher at 1131 l 1 and nd then dropped ba back k to 1111 Initial gains of or B R point or eo nero ero recorded re- re recorded corded cordel b by Bethlehem ll Steel and Corporation United State Siales unchanged United Culled Stiles States Industrial Alco- Alco Alcohol hol dropped back bach H point points In of or o e dIsappointment o cr 0 er the failure of ot the directors to Increase the dh dl 1 dead 11 n It II G W if FALLS Good God Go d bu Ing support soon coon de- de dc eloped foi fot the standard Indus Indus- Industrials Industrials trials and aud the market presented a appearance Laclede Gas soared d 9 points point to a record top to for tor all alt time at lit In General 11 mo moed cd up 2 24 I points and an d States State Ct Iron PIpe ripe 2 Marine preferred Pan American B 13 Ann lean Can Texts Texi Gulf Sulphur and nd Mack Mach M ck Trucks told sold a point or more abo aboe boie e s 's final quotations quotation There here were a afew afew few tew soft oft spots spot Century Ribbon Mills dropping 2 2 12 points and Na National Na- Na National baa Lt Lead ad Denver c S Rio Illo Grande Grand estern preferred and Nash No- No Motors Notora Moton tors tora about a point each e ch Foreign exchanges opened firm demand m nd sterling ruling around 84 54 7 and nd French franca franc around Ii b lOc SASH NASh Resumption of or selling pressure against the tir northwestern raIlroad which was later extended to the standard Industrials wIped out most of the carl early gain gains and sent ent many Issues Isue Into Inlo ne new n w low lo grounds and tor for the ear ear c r United States Hates Steel and nd Baldain acre cre driven down clown to new low lows at t tand and i respectively Omaha preferred collapsed coll ped 10 points point to 86 Chicago drop drop- dropped dropped dropped ped 3 n i to 53 31 and nd Northern Pacific 1 I to 60 GO all at al new mini mini- minimum minimum mum morn quotations Nash Notor dropped three points and Balti Balti- Baltimore Baltimore more Snore t- t Ohio Southern R Atlantic Coast Line Omha com com- common com com- common common mon Lackawanna American Can States Cast Iron Pipe Tex Tex- Texas ns as Gulf Sulphur and nd St SI St Joseph Lead ere among mone the man Issues to sag sar a point or more moro below last nIght nIghts s closing lei le els A reco cry got under a around noon but It failed to lo make mahe n ke much progress as e e ery e v bulge buice a was nas greeted by bv a large offering of ot stock Call money rene renewed at t 4 per cent Ith ith ft a heavy calling of ot loans loan re- re reported reported re reported ported b bl banks o D The complexion of ot the Hie market under ent a marked change chance In Inthe inthe the afternoon when a scramble for tor stocks at the low ba 10 levels de- de d eloped doped Many shares chares rebounded I 1 to 3 S points with Baldwin Bald reach reach- reachIng reach reach-Ine lag Ing 1134 2 United States Stales Steel and Can Chicago Northwestern touched 52 before rallying g to 10 54 Pro Pro- Pronounced Pronounced Pro Pronounced strength Mas nas a also alao al o shown b by the th Maxel Max Naiad el Motor Isques General nerl Electric and nd Mack MacIc Truck The Tha closing was as firm Standard industrials anti and merchandising is- is issues sues made further In the tho late dealings but some orae of ot the rails rail sold old oft off when then hen selling llla pres ule nag as rene renewed cd against Canadian PacifIc sending that stock to t knew ne new low ba for the ear e ar r at H |