OCR Text |
Show ILL ST. STOCKS BREAKSHARPLY Entire List Gives Way as; Leading Oil Shares Decline De-cline Violently NEW TOKK, Nov. 11 i ills fur-; nlahed the motlv power at the o- i -ing of today's atook murk, i The Mev-lean Mev-lean an. Dutch groups averaged c-.m-of a point each Houston dl rose! 2 I nd Standard I ill Of N'rv Jena jumped eight points Shippings also were strong und further improvement i vai ahown by a majority of the tails, especially alerx und grunge St.- -P.. equipments and motors were backward) back-ward) Lfoihleheni and crucible losing one point each und United States Stool 1 a fraction Preliminary quotations Coi foreign exchange Indicate.) a renewal of recent preaaure, the ixmdon i-at falling back two cents to the pound I sterling. Leaden of the oils, shippings and eijnlpment diVieionS inrreaaed thf-ir' iiralna In the first hour, but the entire! lint cum- way before noon when At-! ilantlc-Gulf and Southern Pacific broke -sharply. The decline In Atlai jtlc-Gulf extended to almost five point !nnd Southern Pacifies reaction of I points was accompanied by rumors of iu hltcli In the proposed segregntion plans Motor snares also weakened iln heavy selling of Willys-Overland common and preferreil. flu latter i losing 4 points Hull pools w.-rr u tlve In tobaccos and textiles bm food aharea reflected yeBterony'a cut in the An-ricin Sugar dividend British and French ecnunge were lower and c:i money opened nt 9 per cent |