Show LIST STEADIES AFTER DECLINE Ois Oils Under Pressure Steels Steel ment II In Market NEW E TORl Apri April B 5 25 The Tho lre Press Tho stock market appeared to be on the or of a sharp break this morn morn- mornIn In log when scores of nero cre cat down 2 to 1 13 points In one or of the widest selling movements In recent but bul st steadIed aCer after mIdday mIGda when buying support ap ap- appeared for tor ninny stock stocks Js ls river floods and the Chinese situatIon were blamed for tor the tho sel- sel sell sell- sellIng Ing by who like to toa a assocIated market markel movement wih with the d days day's s news news but bul In bankIng quarter quarters there wa was a rather gen erl oral to characterIze e the decline n. n a. a a correctIon ot of a top top- h heavy avy speculative posItion ot of presure against the tho ois oils followed the pub pub- ot of the Quarterly report of the ton Mariand com company pan which showed earnings of oC only 6 cent cents a ashare share as against 1 79 79 In the first quarter of oC lat last year Steels were liquidated freely on reports of a further decline In do- do domand mand but bul U. U S. S Steel common was fairly el neil supported on the tho pos pos- dividend or of some specIal I development at tomorrows tomorrow's mee- mee meet meet- in mI S S. S W. W RAILS SI SLUMP Southwest ris rails which were ere among tue strongest stocks In the market last week tell back Jather rather I consideration was wasi sharply as snore more of flood I and storm or given to reports p t t I Ithe damage i in the section of the The rIse to record I high levels by Delaware was assisted with the prospect of oC ofa oCa a special distrIbutIon of oC treasury a ts to stockholders In the near i iru ru future I Speculation for tor the advance was not nol entIrely abandoned however I e c buln buying operations taking place in e Locomotive U. U S. S Cat Cast Iron Pipe General Electric NIckel but the an anS an'S International early gains were not nol maintained H H A W. MAIT LOAN The weekly report of federal re- re 5 1 t broker brokers brokers' loans to be Issued aCer after the close of oC the J Is b ced to show an Increase of about which is not reo ic I gar NI 8 as I c In view or of the recent sharp advance In mal ninny Is- Is sues although It wi wIll bring the total to another new high record ef the year t ar arn c n nl l AT CLOSe he The cosing closing was weal weak tumble In the b began gaJ to again hour when aggressive bear attacks uncovered stop loss orders and U. U U.S. U.S. S. S Steel Sled which had shown good re- re to selling pressure begar to cake Ballwin Baldwin and Houston 01 Oil lost 6 points and U U. S. S Steel Gt General cral Motors International la lIar efler er orth Holer holler BearIng Fuel and Lehigh the many Voley were amon among shares which ruled 3 to 4 points un under er last weeks week's final fures figures Total sales approximated sharIs shares |