Salt Lake Telegram | 1923-11-03 | Page 6 | Profit Taking Stock Move

IT Till TAKING I ISTOCK STOCK MOVE Heavy Selling Advance Stops Price NEW EW YORK Nov Kov 3 Stock prices r resumed their upward move iove- movement mo e ment after an early erly period jf f Ir Irregularity Sr Ir- regularity in today's stock market taking Profit and bear selling of the usual usual industrial leaders brought brought about moderate recession at It the tho abut opening but all offerings ere v-ere wall ba td absorbed and they soon g pointed o upward up up- ward with most of 01 the other Industrials Industrials Indus Indus- trials and s trailing be be- be be hind hind Moderate strength also alSI na a. shown show by some somo Bore of 01 the paying railroads lr ad but there was a a a. disposition f t to take k profits profit rf In the tha h recently strong high grade Th The closing cosing was wa strong Sal Salts is s approximated ap up- p- p shares Considerable Irregularity developed developed devel devel- I at the opening of or today's tOda's stock market with U. U S. S St Sti I. I Baldwin and Studebaker gen ral generally regarded as pivotal stocks socks op opening fractionally frac lower Kelsey Kelse Wheel ad advanced advanced ad- ad rd 3 points and War Stewart arner ar- ar ner ncr and Davison Chemical 1 each elch Chesapeake peake Ohio which has teen been Ce strong lately dropped li 1 points Confused price movements continued con eon Contuse throughout throughout the early dealIngs dealings deal deal- ings inge with recessions limited to fractions fractions frac trac- tons wih except in Union I adro Read Bead Rend Rend- Ins ing Famous Players and Pressed Presse Car which dropped 1 to 1 1 points on taking profit a and a re renewal renewal re- re newal of r a short t selling Brooklyn O k Union Gas advanced 31 points and Chemical and Stewart Stewart- anI Warner each extended their gains to arner 2 points Foreign exchanges II opened lower