Salt Lake Tribune | 1913-11-30 | Page 36 | Little Change in Eastern Markets

LITTLE CWE II EfiSTEHlETS Financial Circles Await President Presi-dent Wilson's Message to Congress. From Logan & Bryan, New York. Nothing occurred to alter the character of trading today. Thoro was a continuance contin-uance of liquidation in numerous issues, is-sues, which do not gonorally enjoy a broad market, but soiling of that nature na-ture failed to stimulate activity in othor oth-or directions. Tho firmness of Steel and Union Pacific was attributed to the forthcoming dividends, but coppers were again sold by London. Tho bank statement was about as unfavorable as forocasts indicated the same would bo, but it is not unlikely that funds will again flow in tho direction of Now York as soon as tho December disbursements havo been distributed. The financial community appears to bo waiting for something dchnito relative to the con-touts con-touts of tho president's moasago to congress, particularly in so far as same may pertain to corporations. It is said quite authoritatively that the chief executive ex-ecutive will advocate the retention of the Sherman law and also additional legislation in connection with the samo, from which it would appoar that corporations cor-porations will have to endure a further period of waiting. Currency and banking bank-ing legislation is also expocted to be discussed at length. It ia not unlikely that growing out of the remarks of the president efforts will bo made to stimulate stim-ulate activity, though tho direction of courso in which prices will be forced will dopond almost ontiroly upon the tonor or the proposals. From Paine, Webber & Co. A local trader who haB been successful on the bear side was a seller of stocks again today and the result was a fractional decline in the copper- list. Range was off a point, North Butto a point, Granby Gran-by notably strorig. Tho bank statement state-ment was poor and a readjustment of finances will havo to b mado next weok to improve the position of the banks. The president's message to congress will causo uncertainty on Monday.