Salt Lake Herald-Republican | 1916-12-24 | Page 27 | Stocks Now in Strong Hands

STOCKS NOW IN STRONG HAS HANDS Market in in Better Shape After Closing Out of Speculative Speculative Speculative Accounts Account New ew York Dee Dec Dea 23 A A general closing cosing out of ot speculative accounts and widespread wide wide- spread liquidation accompanied b by ex extraordinarily ex- ex severe declines In prices marked Irked one of the moat most remarkable weel Weeks s in tho the history of tho the stock ox- ox change There was wa some recovery however In tho the later lter dealings Conditions bearing upon the war Wel as reflected In peace pece developments at Washington and the European capitals precipitated the declines decline which was rendered render d easier by the tho market excesses of ot the autumn months Tho The brunt of tho the shrinkage was borne by called so-called so-caled so outsiders namely the public who had overplayed o their bull bul position In effect however tho the week marked the te culmination of almost two years ears of ot extravagant and unrestrained trading largely In specialties which owed their existence or at least their prosperity to the war Standard stocks withstood the storm as tho they had before and even cven minor ninor or priced low-priced rails raUs which re recently re- re cont emon emerged d from their own protracted pro pro- obscurity were only slightly art af at t It I Is generally conceded that tb the S market technically speaking will wIn b be much nuch benefited b by the weeks week's happen ings Stocks have o gone into strong hands ands speculative Issues are aro ae nearer t to Intrinsic values and bank hank loans ar are C certain to show marked reductions from rom their recent enormous totals