Based on our generalization of the Goulian-Li continuation in the power of the 2D cosmological term we construct the two and three-point correlation functions for Liouville exponentials with generic real coefficients. As a strong argument in favour of the procedure we prove the Liouville equation of motion on the level of three-point functions. The analytical structure of the correlation functions as well as some of its consequences for string theory are discussed. This includes a conjecture on the mass shell condition for excitations of noncritical strings. We also make a comment concerning the correlation functions of the Liouville field itself. 1

We construct a Goulian-Li-type continuation in the number of insertions of the cosmological constant operator which is no longer restricted to one dimensional target space. The method is applied to the calculation of the three-point and a special four-point correlation function. Various aspects of the emerging analytical structure are discussed. 1

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