Salt Lake Telegram | 1932-06-09 | Page 12 | Silver Decline Affects Stocks

SILVER D AFFECTS STOCKS STOCK Liquidation Lowers Price o of Silver Siver King Rally Raly Closes Session Continued recession of ot the price o obar oX of bar silver had ar a a depressing effect 01 on siver the local silver stocks Thursday two Thirty si cr hundred shares of Sil Silver Si ver King Kig Coalition Coalton were liquidated a nt at 2 a R share the lowest price reached in severn several w weeks eks Following the unloading unloading un loading of the large block the market rallied and the te final sale for the day daj was at for shares shares The depression hit hi Tintic Standards Standard though less violently The sales for foi forthe forthe the day amounted to shares only The sale price was 0 a loss of ten points sae from the last previous trade point North Li Lily was c caught in a point 5 drop marketing shares at 40 cents a share Park City Consolidated stood pat at 8 cents cent and Combined Metals let go of 2000 shares share at 4 cents cent Walker Mine at 39 cents cent was off of one point point The popular recess reces talks will vill wi be resumed resumed re re- re Te at the stock exchange Friday morning when N. N H. H Jensen will wi speak on the Gold Standard The public Is invited to attend the talk which will vill be given between 1030 and nd 11 1 wi Mr Jensen is a n deep student of or monetary science and his discussion discussion discus discus- sion ion of the subject promises es to be interesting in in- t and instructive instructive-