Salt Lake Telegram | 1932-02-15 | Page 13 | Stock Market Given Setback

STOCK MARKET GIVEN SETBACK Wavers Uncertainly Near Days Day's Lowest Levels After Sharp Drop Associated Press Hv fly v NEW YORK Feb 15 The 15 The stock market wavered uncertainly somewhat somewhat some some- what above the days day's lowest levels after a substantial setback in the car early trading Monday The list closed with a heavy tone with numerous net losses of or 1 to 4 points The turnover approximated shares The market recovered rather briskly after lUer a sharp setback at the start but again sag sagged ed on Oil Ul unfavorable avora ble copper dividend news only to recover a little in the middle of the day Leading Leadin shares ranged about a point above the lowest Brokerage quarters felt fell that the market withstood withstood with with- stood profit proUt taking well in view o of the breath taking upsweep of the past two sessions The market lost only about a quarter of its gains TRANSAMERICA FIRM Transamerica firmed after announcement announcement announcement an an- of the return of the Giannini Giannini Gi Gi- Gi interests to the management and closed 34 4 of a point higher General Gen Gen- eral cral Motors held up well closing only 4 1 of ot a point lower Case after losing losing los los- ing 3 points gained most of its loss American Telephone one of the spectacular spec spec- performers in last weeks week's rise lost ost 4 points net Un United ted States Steel recovered half hall of a 2 point 2 loss Coppers hoppers generally turned heavy U Utah an infrequently traded issue lost 14 points and and Anaconda about 1 Miscellaneous issues issues is sues closing about 2 to 3 lower included in in- eluded American Can Allied Chemical Chemi Chemi- cal Santa Fe Fc du Pont Consolidated Gas las and General Genes Electric RGE R. OF LEADING FUTURES CHICAGO Feb 15 AP APi- APi Wheat Wheat- Low Lo Close March 7 56 57 Y Mt 61 61 59 60 60 July 61 61 gi Sept it 63 Jg 62 Corn Corn- 37 37 1 30 May Hay 40 40 40 July July J 43 43 It 42 42 i Sept 44 43 7 43 Oats Oats Oats- 24 4 March l May May 26 25 2534 25 July 26 26 25 25 1 Sept 26 26 25 53 Rye Rye- March 43 May 46 July M 47 H 47 Lard Lard- March 5 OS May May July Jui Bellies Bellies- May s CASH C. QUOTATIONS CHICAGO Feb 15 AP Wheat AP Wheat No 3 1 red ed No 2 hard ic c. c No 3 hard c No 2 yellow hard Sic No 1 mixed 59 Wise S c No 3 mixed Corn Corn No 3 mixed No 2 Z yellow ellow old 38 ic c No 3 yellow tc c No 3 white 35 i c. c Oats Oats Oats-No No 2 J white 5 5 No 3 white 24 ii Rye Rye No 3 44 ic c. c Barley Barley 42 Duley 42 Timothy seed seed Clover red seed Lard Ribs Ribs 1575 Bellies KANSAS CITY KANSAS ANSAS CITY Feb 15 AP AP Wheat Wheat Re- Re cars ears U to 1 1 c lower No 2 dark hard No 3 1 60 0 No 2 hard 52 bc No 3 1 52 No 2 red 5 No 3 Close Close May May c July 52 c Septem Septem- ber 3 ic Corn Receipts Corn Receipts 22 cars unchanged to Uc c 0 lichen higher No 2 white white c nominal No 3 3 35 c nominal No 2 yellow 38 nominal No 3 3 nominal No 2 mixed 33 nominal No 3 3 35 35 c Close May Close May July g Oats Oats t Receipts lp f five i cars s 4 unchanged d No 2 white No 2 nominal Rye Rye nominal Barley BL 29 c nominal MINNEAPOLIS n I MINNEAPOLIS Feb 15 AP AP Wheat Wheat t- t Receipts cars compared to a year ago asoo market lc lower cash cath No 1 northern 71 No 1 I dark northern 15 per cent protein 14 per cent protein 13 per end protein 71 f 12 per cent protein 71 No 1 dark hard Montana 14 4 per c cent protein te to arrive lie No l 1 lamber amber durum No 2 amber te durum dutum 90 ic 94 c No 1 red durum 57 c May Slay July September 04 c. c Corn Corn No No 3 1 yellow ellow 38 Oats Oats No 3 white 25 i 26 ic c. c Barley Barley 41 Barley Rye Rye No 1 Flax fa No f Ii 1 i 1 th WINNI WINNIPEG m PEG WINNIPEG Feb 15 Wheat het AP Wheat High Low Lo Close May J 66 t S 65 J 2 65 July 67 67 l 67 Cash wheat wheat wheat-No he tN No 1 northern No 2 northern No 3 northern I Oats No 2 white 29 c No 3 white