Salt Lake Tribune | 1919-07-09 | Page 18 | Higher Money Rates Now Dominant Market Factor

IhilGHER MONET RATES NOW 1 ; DOniNANTnARKET PACTOR j Trading on Stock Exchange Is Very Lively Again,! i but Somewhat Confusing as to Its General Trend. 1 NEW YOKK, .Jj'.t S.--T radii: on th stock j ficlinuz today ajtfihi was very lively and more - i -on fusing as to tread, tin? h; If fer rales fur : money once rmfre beln t!ie domlna at factor In ! the several reversals and recoveries. Ca!l loans op'-nM at 0 to 10 pT rent as j agn iiist yestt-rdii y s flmi 1 ru te of 2 per cmt j ami hold at tl.- laltiul quol a ( tons until the final I hour, wlifn as high aa 15 pt-r cnt wus paid i on mixed loans und 1 J pe r cent for all tudu.-j-j trials. i overnight dfVflnpmciit in their r'ai n to rpintcd vnnu'H H er' helpful mutiny to th" in- du serial list. tcit a'nii to cmp-rn ami met ale j The one llsqi'fttnjf luri' wn the further v. en knt-HH of fxcliurnrt on the entente centers, with sterlliift iiikI francs nt low rfcords. Reports from trade centers accen mated the iniTeaHfil activity at Steel mill Iron mills. U price of Ho cents for copper for Auznst delivery deliv-ery wfi b (j noted, and t rue t Inns ami Ciia shares wri' vistti'.y s::ivJ!'iiiTiM by pi der a ;i- l fmnzinj; a k:i 1 2-cc::t t rn i: f t rate. j Ol. parilciilari I'i n-A mi-rim :t and Meiiran ( retr.leii!!i, it.,,M,l Dutch and Sin. -lair, "ere the fea Hires i-f i-a i J y nt reujrtli. f" ed b;. such , mo'ors a ; rimn.ller. Suitz imd White, tli" hit-, ter imtkln an e. I re.iu- calu of almost 'J p.'-nta on lt' vharp advum-e nf Die final hour. j Steels -Te HMut alu'-d by ! lie t-trns'li of ("r'alble ii ud Mldvi.le, together with In t inia t ions that ihe June taiiinie sn:t.-ineni of the railed 1 Stales Steel corpora I ion, li Issue "ii Thursday . j i mild show unmistakable it:iib of trade lm- I pm eineut. I Various pea;'" speciaHiex ren-nily in favor were In : Id'-nc. but r;iils denoted subsian- tin ! a hsorpt ion. m inor issues, su.-li us M iss'iri Pacific and St. Louis & San Kranoineo lis-plin lis-plin Inc marked strength. Sales amounted to l.e.T.VOOO shares. Itonds were more active, bin little clifinped in the diii-ytlc and foreign U vi sinus. Total sabs (per vain") ancrcL-ated $1 1 .aT.'i.lh'O.