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Show : j Daily Market Report j NEW YORK. Nov. 12. An undcrcur- rent of nen ousness pervaded tne stock 1 market at the opening of today's ses 1 sion. Further selling based on the 1 credit svstem caused initial osses of r 1 to 4 points in steels equipments, oils 1 and motors. Thin was partly balanced by gains of 1 to nearly 6 points in ship-5 ship-5 ping?, Pressed Steel (' ar and several other issues whieh stood their pround l during yesterday s drastic liquidation. 1. 1 Signs of support were shown bv repre L sentative shares, notably high prade rails and United States Steel Some j early losses were fully recoered within with-in the first half hour Rallies of the firsi half hour were forfeited on fresh selling of --pecula- h tlve issues which forced many stocks under yesterday's final prices Com I mission houses reported extensive li- b quldation from interior centers General Gen-eral Motors was acaln the central fea-I fea-I BDre exteQ(linR yesterday's severe loss h bq 25 1 i points to 323, from which it rallied to V(K Other motors also oils, I equipments and specialties were 3 to i 12 points lower Marked strength was n Fhown by metals, especially American Smelting and the steady accumulation of United States Steel was a factor in I the general reboun.i at noon Call jj money opened at 14 per cent, duplicat-1 duplicat-1 lng the year's maximum initial rate. Call money rose to 2'1 per cent at 1 midday, precipitating broader selling. y Ralls became heay under the Increaa I ed welghl of offerings General Mo- tors continued to weaken, dropping an additional 16 points with concurreni I decline in related Issues, also steels and equipments |