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Show MOI ACTIVITY IN CURB BUSS J. A. Wocle & Co., 169 South MaJn street, furnish the following digest of financial news, received over their private pri-vate wires: New York curb stock letter: There were active price movements on the Broad street curb, with the mining and oil groups attracting most attention. atten-tion. Mining stocks were strong, with the urgent demand and continued advance ad-vance in silver metal causing interest in the silver producers. Nipissing held firm, with sales at SVi and 9Ji during the first half of the clay. The weekly report of operations opera-tions of Emma Copper stated that ore has been reached carrying over 400 ounces of silver to the ton, -with Indications Indi-cations of the ore body continuing at greater depth. Calumet and Jerome was a strong feature in the copper group, selling at 2. Oil stocks were generally active ac-tive and strong, with Merritt traded in at 35 to Zi; Cosden Co. was weak on the subscription results and dropped from 9 to SVt. Favorable reports were made of the results of development work hy the Wyoming LInlted In line with the field operations opera-tions of the Prairie Oil & Gas Co. Midwest Refining sold at 162 to 164. Tribune: Market sentiment continues contin-ues to improve, based on the belief that thj worst of the liquidation is over. Friends of Mexican Petroleum say the company does not need any cash and that no financing is being considered. con-sidered. The company will not be i subject to government price fixing. A lending copper authority says Utah Copper should be bought for Investment In-vestment whenever it sells below $100 a share. Within a few years, it Is declared, de-clared, the company should be In a position to earn and pay dividends of $11 per share annually, with copper selling around 15 -or 16 cents. |