Salt Lake Telegram | 1931-07-22 | Page 14 | Curb Market Sags in Light Session

CURB MARKET SAGS IN LIGHT Offerings Limited to Small List of Stocks Money Exchange Eases By JOHN L. L COOLEY Associated Press Financial NEW YORK July LIght 22 22 Light p pro trading carried the market through another dull session Wednesday Quotations sagged slightly but offerings of of- of were entirely of a routine nature na- na n ture and were limited to a relatively small list of stocks Pending more definite advices on OD the London co con con- ference the market hesitated to th tha take a position and brokers expected expected-a continuation of the dullness for the time being Electric Bond and Share was heavy reacting considerably more than a point Earnings for the year June 30 were equal to a share on the stock outstanding at the th enc of that period compared with the year before Asset value wa was placed at 38 against 39 on Decem Decem- ned on the books at slightly In ex excess cess of was about goli on the recent date The movement In other utility Is ts Issues sues was narrow Brazilian Traction traded around 20 the greater part of othe the day a loss of a point Oils apparently had discounted the favorable turn in prices and statistics for th tho group stood virtually stilt still Vacuum reacted moderately Solar Refining was dull Specialties were equally narro Stutz Motor had a sinking spell which carried It close to the years year's low buthe but the market for the issue was thin and there was some recovery Woolworth Ltd and Ford Ltd eased Wheeler held its recent gains Call money renewed on the curat curt at 2 per cent The tone of the money mones market was a little easier 4