While traders worried about a glut of new issues, dealers said more deals were brewing.

By 3:10, with traders worried that whatever it was, it had to be bad, the Dow had slumped 36 points from its high for the day.

Treasury prices were hurt by the weaker dollar as traders worried that foreigners would be reluctant to buy Government issues.

The dollar initially fell against the mark and the yen, as traders worried that lower interest rates in America would repel foreign investors.

The price of oil jumped as traders worried that the coup in the Soviet Union, the world's largest oil producer, would disrupt the nation's exports.

Treasuries' prices were mixed in choppy trading as traders worried that the Fed might lose its inflation-fighting initiative.

The more the central banks and governments become a force in the market, the more traders worry about the possibility of any change in policy.

However, the guidelines are highly unusual and traders, especially those who trade in derivatives, worry that multimillion-dollar bonuses may be threatened.

Many traders still worry about the slowdown in the housing market, however.

And traders worry that the Government statistics fail to fully capture the flight from yen to dollars or other currencies.