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Show IHMLIM ! Ill 1 STOCKS I I 1 General Motors and Crucible : Steel Up 9 and 10 Points ! After Early Crash I , NEW YORK. Feb. 13. Quoted values val-ues on the stock exchange continued to crumble today, .'.-npculativo shares j in tho first hour's trading declining 5 ,j to 10 points, brokers and commission I houses accumulated selling orders or tho holiday and stocks most seri-iously seri-iously affected bore testimony to lhe (enforced character or liquidation. The ;news concerning the railway strike (gave further impetus to today's declines de-clines and representative rails made I new low. records. , General Motors "broke 10 points from I Wednesday's close and 35 points from I last weeks final quotations. Crucible' ; Steel, Chandler Motors, United Stales! Rubber. Industrial Alcohol and leather1 i food and- tobacco shares were dragged Idown in thc general reaction, which jwas orderly but insistent. A vigorous rally at midday resulted I from short covering and buying bv i bargain-hunters. 1 General Motors rallied 9 points, making almost full recovery and Crucible Cru-cible Steel at a 10 point rebound recovered re-covered alrhul a small "part of its loss. ! Gains of 2 to 10 points over Wednesday Wednes-day were registered by Texas company. com-pany. Royal Dutch and other high grado oils. ; Shipping also made up much of their (losses and marine common and preferred pre-ferred were actually 2 to 5 points higher high-er with Atlantic-Gulf and United Fruit. Aside from the free supply of call money at 7 per cent and then G per cent, surface developments offered no explanation for the recovery. |