OCR Text |
Show WORLD'S ws u : NEW YORK, Oct. 16. Many issues, including foremost , rails, munitions and specialties, made new low records at tho feverish opening of today's stock market. United Statos Steel reacted re-acted a slight fraction to 99 at the outset but soon rallied lJ,i points, but these were partly regained on supporting sup-porting ordor anl short covering. Liberty bonds were active, one block of $360,000 changing hands at 99.74. Anlgo-French 5's fell Mi point to 91. The rapid pace of the first hour, in which 'sales exceeded 350,000 shares, was succeeded by a decided halt. Gains in one quarter were met by further fur-ther declines elsewher, the buying power at no time matching the selling. sell-ing. Gains of the noon hours wore materially mate-rially extended later, rails, steels, cop pers and standard pepeclalties featuring featur-ing the further rise. Advances ovei yesterday's final quotations ranged from l1 to 3 points. |