Salt Lake Tribune | 1914-02-19 | Page 13 | Early Wall Street Prices Lower, with Trading Dull

EARLY WALL STREET PRICES LOWER. WITHJRADIMG DULL Later Values Were Lifted and the Market Broadened; Broad-ened; Bulls Anticipate Good Buying Movement. By BROADAN WALL. By International Now5 Service gffiT!8S5 5SKt3SS 'ASSSSf: a n' i'V.11"5 drovo Great Nortlicrn to and soli 1 Uegre,.put i3rl dow to 20J of tho day &lCCl aL 05i llle low Snx?! lh0 rale caso 'leu lon starled a ifnii?finS,ne9.t lhaL resulted in a Sed' to ?on "Qti0re? Xor,l'-n recov- r wi JJ' teel SOd UP t(l 0C5 Tlnlmi Pacific gained 2 points and he whole i noio la a largo short interest in thn peUatUolirrcti1oSnSbl,yCr5, nl 8C,,era' Anticipatcs Advance. iMnM1!-0" ,trdor3 nro hears. "Jackio" mlrni La l"' a "Jnoklo" Is a rear ad- a ot Jiia,s lcvor bccn caught on a paoic. 'vater-l05Bed or stuck In an Ice , il "m. n hellever in much hichur prices," he said. "a,,d I anticipate ai nd- fihkJi V.. 1 exnect lo puhllc to become beral buyers, partlcularlv of tlio low-priced low-priced stocks. Tho list is full of bargains. bar-gains. Take Brooklyn Rapid Transit for Instance, paying (i per t-cnt and sell nK at 2. This stock should look cheap at 103 before .Tune." Interesting rumors vcr0 current that further progress has been mado toward segregation of at least tho transportation transporta-tion companies of the steel corporation. It Is figured that a separation would incut tho public demand, kill advorse legislation legisla-tion and Increase the market value of steel common materially. While this may be In anticipation of the steady Improvement Improve-ment In the steel trado presont business alone Justifies higher prices for tho stock. London Not Buying. London Is out of our market. On today's to-day's advance arbitrage dealers were unable un-able lo secure offerings, although prices here had risen sonic 'l. points for tho International Issues. It is evident that the recent activity on the selling sldo originated in Xow York and was engineered engi-neered for tho purpose of depressing prices, Ecjlpment stocka were strong. Liberal orders for cars, locomotives and rails are appearing. Unusual activity during 19H and well Into 1915 Is now assured. Copper Issues wore buoyant. Mexican Petroleum is again on its way upward, and the buying in Pittsburg Coal issues la called the best. Bonds were actlv0 and strong. Today's reaction proved that tho market mar-ket was not honeycombed with stop-loss ordors around this level, and until the public accumulate a line of stock on thin margins reactions will not doubt bo brief, with the general tendency of prices up-v.'a up-v.'a rd