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Salt Lake Telegram | 1932-04-14 | Page 17 | Curb Utilities Rise Strongly

Type issue
Date 1932-04-14
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s6n59v9x
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6n59v9x

Page Metadata

Article Title Curb Utilities Rise Strongly
Type article
Date 1932-04-14
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Page 17
OCR Text CURB UTILITIES RISE STRONGLY Insull Insul Assurances Lead to Vigorous Recovery by Group Generally NEW YORK April Apri 14 1 P Utility IF-Utility Utility stocks staged a vigorous recovery recover on the curb market Thursday a after er assurances as had come from Chicago Chiago that tha the three large Insull Insul operating com panics panle were not affected by any difficulties difficulties diff ies involving Middle West Wet Ut- Ut Util Commonwealth Edison after sagging saggIng sagging sag sag- ging 4 points point to 50 jumped back to 68 a net gain of 14 1 points point although the close was under uder the high Electric Bond Share had an extreme ad advance advance ad ad- vance of 2 3 points point while that company's com corn pany's preferred issues soared about abou 5 each American Gas rallied 2 2 A number of specialties continued heavy New Jersey Zinc was off oU more than 2 points poInt to a new low Alum Alum- mum of America sagged to a new mm min mm- at the outset but steadied Glen Alden Coal and Insurance Company of North America firmed Small Smal early early ear car ly transactions in in Pittsburgh Lake Eric Erie brought a drop of 2 2 1 to 30 Oils Ois were spongy Humble Standard Standard Stand Stand- ard of Ohio and Gulf Gul met some pressure pressure pres pres- sure during the first hour or so although al though offerings later dwindled Associated Gas A An was inactive following word that earnings on the isue issue for 1931 had been in i the neighborhood neighborhood neigh neigh- of 75 cents cent a share The company said it i had reduced bank loans and purchased money obligations obligations obliga obliga- lons by about through sale of oC the 8 per cent bonds of a newly formed subsidiary
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6n59v9x/15834114