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Show HEAVY TENDENCY I RULESWMLL ST. I Rallies Only Partially Check Extension of Sharp Decline NTTSV YORK. Jan 12 The stock mar- kc-t was feverishly heavv at the outset H of today's trading, becoming more unset- H tied within the first half hour. Cruel- I.- Steel, whose spectacular advance has j been the feature of recent davs. opened wkh a sale of 2000 shares at 107 down to H 106, agolnsl yesterday's final price of I 100 In the next few transactions 0uc- iH DUB broke to 103. Losses of 1 to 84 jl , points marke.l the early tleailngs in Mexl- H 1 can Petroleum Studehaker. American Lo- H eonmMve. Bethlehem Steel. Atlantic-Gulf 1 American International and Kelly-Spring- H i field. M'ist rails also were lower. Nor- H ! folk & Western forfeiting iu points. H , Republlt Steel an.i Weils Fargo comprised I the few nt ti s-orthy gains. Kt change I on London opened sllghtlv under yester- H , tlay's final uuotafions. H Losses were extended during the first H hr.ur. espedaltj in rtte.-i-. shippings, oils. 1 ! oqutpine.nts. textiles- and leathers. Cruel- 1 i hie showed an extreme decline of four H j points. Atlantlc-Qulf 3. Mexican Petrole- . urn 2. motors 1 to 2. American Woolen H ' it. fi n. t 1-. , . i !...- 1 . .1. mmnm i Tk. ... BBBBBBSSl versal partially -mit.-d by a sudden rally in shippings, Uiantlc-Gulf rising 7 p.-Ints and Mercantile Marine prefciTed H two Secondary rmlls al improved, par- B llcularly Mew H n. .sr. Paul common B and preferred. Rock Island, St. Louis and jSjV Southern Rallrrav. Sears-Roebuck was HjjVH th strongest specialty. gaining five JHhJ points. Before timn another reaction HBHj ensued. . Crucible falling to 1014. Call money opened at 7 per cent HBflJ From Its low uuotatfou of the morning. H Crclble Steel rallied about 2 points dur- HjjSH lng the mld-uecslon. Trading then he- JjjVH came less active, centering in special Is- HBBJ sues such as International Paper, allied HBhJ chemical shares. Houston Oil and Wells HjjVH Fargo at overnight gains of 2 to 4 points, Hj I CHICAGO LIVESTOCK. CHICAGO. Jan 12 (United States Bu- reau of Markets.) Cattle Receipts f000. HjSB I e. f steers 10 to 15c higher; best held AjSH early at 511 .60; bulk $8.2510.00; fat coWS anil heifers strong to 25c higher; bulH HHVJ $5.00'rf7 75; canners and cutters cteody HjiVH t. itrong; bulk 13.86494. 26; bulli steady; jjVH veal calves mostly 25c lower thin high HBl Mm.- yesterday: bulk veah-rs to packers HjjSH $10 0011.00; stockers and feeders steady to HjjVH H .gs Re. t ints 26.000; fairly active largelv 10 to lRc higher; spots more; tons HjSH $5.50; b ilk 19.10499.35; pigs steady to 10c J higher bulk desirable 90 to 130 pounds IBHjl $9.3699.60 Sheep Receipts 1-3 000; fat lambH, 1 strong to 25c higher: $12 00 paid by Ship-pers; Ship-pers; bulk $11. oofi 11.75; sheep steady t 1 strong; test ewes early $5.75. some held H higher: bulk fat ewes $4.75Tj5.00; year- B lings and feeder lambs steady. HjVj i J MONEY EXCHANCE Nssw YORK. Jan. 12 Prime mercan HVBi tile paper unchanged. Bl Exchange heavy; sterling: Demand $3.72; cables $3.72 3 4. Francs: Demnnd 6.10c: cables 6.12c. HBBJ Belgian francs: Demand 6,48c; cables HHH J Guilders- Demand 32 70c; cables 32.80c. Lire: Demand 8 47c: cables 3.49c Marks unchanged. BB e unchanged. BBBJ Montreal 13 per cent discount BBBJ Time loans steadv. unchanged. BBBJ Call money steady; high 7 per cent: BBBJ i low C per cent: ruling rate 7 per cent: BBBJ closing bid 6 per cent: Offered at 7 per BBBJ cent; last loan 6 per cent. BBf . nc, IHIIIH |