Salt Lake Telegram | 1926-01-26 | Page 8 | Wall Street's Close Irregular

Wall Streets Street's Close Irregular NEW E YORK Jan 26 By the Associated at Press Press e nr Uncertain al price movements v characterised toda today's stock market markel one of the lb dullest sessions elusion elon of oC the last three months There ThIn was wa a 8 continued absence ab ab- ab- ab score sence of ot public participation and pro- pro I traders showed a disposition to await awall the earnings statement and dividend action of the United States Slats Steel corporation whose directors meet mee lifter after Ifer the close eol before extending their accounts Prices sold off at the he openIng opening opening open open- ing In sympathy with wih u a I break In some coins of the he food shares barel on a denial of ot re recen recent recent re- re cen cent merger mercer rumors The market gathered gathered gathered gath gath- ered strength In the early afternoon when a B bullish demonstration WAS WAR Wil staged In irl Chesapeake 8 Ohio Obio carrying toot stock up from 16 to Some Somo of the theother theother other southern southen carriers advanced In sym cym- pathy Atlantic Coast Coat Line selling nearly six Ix points above last lut nights night's close coso and arid Pittsburg 8 West Virginia 8 9 Good buyIng buyIng buyIng buy- buy Ing also was waa apparent In Atchison Illinois Central Ludlum Steel Colorado Fuel Pun and Overland Willys-Overland preferred referred United Fruit made up more than half halt haltOf Of I Its early erly loss before the end of or the third hour The closing was wal Irregular Short covering covering cov coy ering In the motor shares harel Infused more life Into the tue last lut hours hour's trading trading- but failed to stiffen the tho general price structure General Motors advanced two to points and Jersey Central an and Chesapeake Ohio preferred Joined the upward movement In the tIes rails rais U. U S. S t Steel U. U eek il S. S h however Rubber was continued t driven f to d down waver er more and than two points poInts Sales approximated shares share