Salt Lake Telegram | 1931-07-27 | Page 12 | Market Gets No Help from Holiday

MA MARKET KE GETS NO HEP HELP F FROM OM HOLIDAY Monday Prices Low and Mine Stock Trading Largely Professional ProfessionalS S Expectations based on oU the week weekend week end bae vacation of the Salt Lake Stock exchange exchange ex I change vanton were te evidently misplaced Though cage trading was fail fairly active on Monday morning morIng most of It was wa professional professional pro pro- pro Bids and prices were down and azid nd offers played within wih narrow urn urn- Its Us The one exception to t the above condition was wa the stock of ot Tn Tintic tc Standard Six Sl lo lots the largest lagest shares changed owners during the sare session Last week traders were askIng askine ask ask- Ing ine 45 a share for Standard Mon day an Initial bid of brought bidder shares Then an odd lotof lOtof lot lotof of 25 shares share sold for oo shares share passed over the counter c for 3 30 and pase sold at nt the rate rae of or 32 a share At the second call eal the odd od lot price stuck stuck at 25 but when a a round share lot appeared It brought 27 12 1 This w was the final fia trade of the day There Tee was wa no news to account for forte forthe forthe the te weakening of Standard stock nor was as w there tere even en a theory theor In circulation tion ton The small smal total volume of the transactions tended to t deprive them of at any significance Silver ver King Kig Coalition went for 45 in i a share sale sl Other Oter issues that provided interest for the public In I recent recent re re- re cent trading were a wee either inactive or dealt in at uninteresting figures Walker Waler Mine for instance remained steady seay at 15 a share for SO shares Utah Park on a 25 share sale brought and ad New Quincy Quicy stood at 9 12 2 cents with only shares handled Chief Consolidated was wa quiet with 42 cents ct a share thare bid 45 cents cent asked ked and A none sold