Salt Lake Herald-Republican | 1910-10-09 | Page 17 | Higher Metal Prices Predicted

HIGHER METAL PRICES PREDICTED By Badger Bros Private Wire New York Oct Oct 8 aThe The rise In the stock market mark ft received a check by bankers early In the week especially i in the high priced or leading securities i and Ind undoubtedly this was done as a result resul of ot the banking situation here which at tie tle moment will not allow alow any expansion lon of ot loans loas for specula speculative tive purposes put ses The reaction however hoe r was In the later dealings of ot the the week the volume of ot business has ha dwindled to very er small sinaI proportions as a result resul of ot a a lack of interest by Insiders who would rather see a marking time process In the market temporarily at least There has been very ver little news bearing on the tho theWalt Walt Wall Wal situation and nothing worthy of ot comment commont as a market fac factor factor factor tor The he excellent crop returns for tor the the season of ot year have been instrumental in creating a fair amount of business throughout the country and with wih the passing of ot election day it U would appear that confidence will vill wil In a measure be bo restored and a greater volume of trade be seen Tho The monthly steel steal tonnage report due duo next Monday Monda Is expected to show a decrease for tor September business o o about tons but steel steil stol trade trad authorities believe belev that the turn of ot the tho th corner is not far off and a big big bust busi business bustness ness wilt will i be be booked from railroads before the end of or the year We are ae looking for stock market stability in lu the tho Immediate future with wih the probability of ot higher prices toward the Cx Ci C dosti clou of ot tho the month E F Hutton