Salt Lake Telegram | 1932-04-12 | Page 16 | Curb Market is Irregular

CURB MARKET MARKETIS IS IRREGULAR Close Is Marked by Narrow Changes in Price Margins NEW YORK April 12 The iP-The Th curb offered better resistance to sel sellIng sell sell- ing lag Tuesday and closed close with irregular and arid generally narrow chan changes c. c Oi Oils I eased moderately but utilities Cr I losing an early gain firmed once one more Reaction from lair fair sized advances advance of or the first couple of or hours was slow and supplies of stock for Cor sale op ap pea red to be smaller than recently nevertheless impressive resistance was lacking and numerous leader leaders sagged moderately from the prey ous close The early strength apparently supplied supplied supplied sup sup- plied by short covering appeared to best advantage in utilities Electric Bond and ana Sh Share lre Commonwealth Ed Edson EcU Edl- son and American Gas rose more tha than thana a point before the adv advance was Wa-S checked They later Inter yielded the their gains Several power company Issues issue including Associated Gas A United Light Licht A and American Superpower displayed a fairly firm undertone anc and fluctuations on the whole were nar nan row Oils cased Plymouth had a shar sharp advance amounting to nearly 2 points just after the opening but was quIet thereafter r. r Gulf Humble and arid th the active Standards sold off slightly producers appeared 1 to tobe tobe be in agreement of or higher cruc crude prices but it has been made clear cleal that tha maintenance of the new levels was wa-s dependent on stronger sti quotations fo for finished products