| Show ENTIRE LIST GOES LOWER leading Stocks Drop To New Low L Levels vels for fori forthe forthe forthe i the Year NEW EW Y YORK RK May Prote 21 21 1 P Professional otes- otes sho short t Interests continued thel their attacks attack In n toa stock mar mar- ma market market ket belo being aided bv by a a largo large volume volum o or It forced liquidation which ca carried most of ot the tho leading stocks to new low p prices ree tor for the tha car Additional reports report of ot a marked falling oft off In business combined with wILh In essential the threatened up lie Industries les because ot of o the higher ae ac demands had an nn unfavorable effect on the he trading Sales ap- ap ap approximated shares The was weak eak e price changes chances char char- char tho the opening was resumed 1 In certain quarters particularly In oils otis bic yielded C fractionally on 00 Initial sale United States State Steel Dald Baldwin Daldin In an Studebaker opened unchanged ed 0 slightly higher but soon eased cased cit oLt In dropping a point belo Saturdays Saturday's final fl figure ur A V h LOW hOW Strong trong bu buying busing Ing support am came In- In Into into In Into to Petroleum rallied 2 S points from its earLY lIrlY preferred gained a point 10 lo the irginia Carolina Caroll Chemical p pre pre- pre e extended Its gain to tn 3 pOlO poInts I Texas A Pacific raIlroad ad 2 points and B Brown on Shoe Shoo I each cach Cruc- Cruc A nd central Leather J 1 ibl ible Steel dropped 11 1 points to toC Gj i duplicating Its previous low and Pierce Oil preferred also sold soldat soldat SIt at its low price ot of the vear ear Pos Pos- Pos tum turn Cereal and VIrginia Carolina ChemIcal B each established ne nc low records cords Tobacco Products dropped 2 points and Good Goodrich RUbber prior preferred red American Can and U S Alcohol slumped 1 to 1 14 points exchange e business was quiet because of oC the tho Whitsuntide holiday Deman Demand sterling was ws unchanged at 4 4 62 6 and French francs sold around final price ot of o 6 G C The Indifferent support the market mariet received ed In the tho ear dea de encouraged pl more aggressive sive he ie tactics tactic by the tho bear Stocks came out fr freely ly when 1 en- en energetiC erg en pressure was as as applied and ani more than a score of ot shareS dropped to new ne low figures ures for the I sear car I States tates Steel sold lit at litI I lessened commercial aCt activity ity ItT was the most potent Influence in favor of ot the bears but the en- en a I o of the long Ions decline lIe lIe- ac accounted counted for some Iome formed liquida liquidation pen tion Among the larger declines nes were tre ere Lorillard 51 5 S B-S points al 3 Corn Products Product and leIl Kell Springfield 2 4 and Tobacco Pro ITo Products Pro Products t ducts electric Storage D Chemical and DuPont 2 t t- t i points each Denial by th the tate commerce commission of oC Frisco application for Cor to 10 acquire rt control of ot the International International lIonal A Great Northern r railway b the purchase ot or Its capital stock caused hav offerings of the lat lat- latter tr ter which sagged sa 3 points Cai ot opened enea at nt 41 4 1 pr pi pr r cent prESSuRE 1 1 INCREASES CRr SES ASES Selling was sas as unabated in the at- at afternoon af afternoon pressure Increasing when all money advanced ance 1 to 5 per cent Slates StAtes Steel got cot do down n lo to and abd Crucible Studebaker ad r 1 S Alcohol were tre conspicuous amon among the many other shares in new low prices for tor forthe the ear The shorts in California Petroleum had a bid d time of ot it the stock rising 3 points on top of similar gain gam rain Saturday Liquidation continued to 10 make mahe it- it it itself self elC eit felt in the last hour when hen the that entire market sagged to lower le le- le leIs lev Is Iq General Motors declined eight Ight points Woolworth orth ool-orth and United six Mx each Cereal Kelly Sr Union Amer- Amer American can Car DuPont and To- To Tobacco To 10 Tobacco b bacco co 4 to 5 each |
