Salt Lake Telegram | 1932-06-15 | Page 17 | Wall Street Briefs

Wall Street Briefs Due to demoralized demoralised conditions In steel scrap markets t the Iron o Age composite o price t for rah heavy ei melting steel steel has a reached g another new time newall-time all time low at 7 a gross ton toa Tho pig pie Iron compO composite remains at 1401 01 a gross noss ton and that for tor finished steel Is 15 s unchanged at 2 cents a II pound Tho New York stock exchange exchange- has ap approved P- P proved the application of ot tho t-ho Marmon Motor Motor Mo Mo- tor Car company for tor the the listing of ot additional shares of ot no par common stock Issued in connection with the company's plan of ot reorganization While seemingly at variance n with Its policy pol pOt icy of ot requiring fuller Information from corporations corporations cor cor- POTations whose shares shuc are oro listed the ac action action at- at tion of ot tho New York stock exchange in to Choco mission granting a permission to the Hershey Choco- Choco hate lat lato corporation to omit all figures on net sales from published reports is regarded by Wall street us ns a reasonable concession in view of ot unusual competitive conditions Similar permission has been given lInn recently to other food companies such as General Foods and end National Dairy Products