Salt Lake Telegram | 1932-06-03 | Page 18 | Curb Mart Tone Strong at Close

CURD MART TONE STRONG AT CLOSE NEW YORK June 3 P Although P-Although Although taking profit reduced extreme gains of one to half a dozen points in numerous nu flu common stocks the curb market market mar mar- ket closed with a strong tone Friday Buying prompted by reports of aid for the bond market was brisk during the first three hours subsiding subsiding ing later when realizing appeared Utilities displayed marked activity and strength although the rise embraced embraced em em- braced all groups Advances by specialties were largely large ly of ota a. a fractional nature although several stocks broke well away from that hat range Singer Manufacturing United Shoe Machinery and Great Atlantic Pacific showed better than average improvement Swift shares Ford of Canada A Woolworth Ltd and New Jersey Zinc were among the leaders Gulf Oil climbing more than two points was a feature in its division although Standard of Indiana re received received re- re strong support Failure of the oil marketing conference to reach an agreement was offset by a belief in inthe inthe the industry that cartel arrangements such as now exist in Germany and England might be attempted in other foreign nations and it was expected further conferences would be held abroad