Salt Lake Telegram | 1929-09-22 | Page 22 | Prices Uneven on N. Y. Curb

0 PRICES UNEVEN ON N Y CURB Utility and Investment Trust Favorites Upward 0 NEW YORK Sept 21 AP Thc AP-Thc The curb market was highly Irregular In extremely heavy trading today Several bull favorites among the tho utilities and investment trusts were rushed Up Ui rapidly though although reactionary tendencies on the Big Board Inspired heavy selling on the he part ot of the public and ninny prom prom- roin i issues closed moderately tely low lov- er Cr More than shares changed hands In the tw two hour ho r session a heavy turnover for this market and the ticker tan for nearly nearly near near- ly an hour after ater the close Although industrials were ln dined to sag Crocker Wheeler old stock continued to w provide bullish fireworks selling up ui points to as compared to the years year's low of 27 1 The TIC new stock resulting result result- ing from the tho 10 for 1 I closed nt at 73 up uj S points The Tho Insull stocks continued to attract heavy buying The rho old Middle West Utilities Util Util- 21 points to a new high at and the other issues were vere correspondingly buoyant Instill Insull Investment and CommonWealth Commonwealth Common Common- wealth Edison were vere also aho strong American and Foreign Power reached new siew high ground but Electrio Elec- Elec trio ric Bond and Sharp and Electric each achi eased a a. point ral trl and Southwest Utility and Port Port- laud ind Electric each surged up sev- sev ral points to new high ground New Orleans Great Northern lL comparatively Inactive issue ap- ap once more on the tape fat eat 52 ne new high and nd a gain ot 37 points from the previous transaction Glen Alden Coal was a strong string rising 10 to new high ground Several of f the investment trusts trusts' were strong trong Capital Capital- Administration American America Investors warrants warrants- Mayflower May 3 flower Associates and National In- In preferred reaching new new high ground Lehman corporation however lo slipped back 3 points to 22 It was as offered o on Monday at 10 1 Oi and sold as high as its during the ic S Cities Cities' Service was a. a strong trong spot In Inthe the oil and natural as stocks rising nearly 3 points to price above 58 hi response ta o Henry L. L D expectation tIon of f an early return to active control of T his organization and his op- op predictions as to Its future before sailing for Europe last night United Gas company encountered some profit taking but rallied and firm oils moved In ranges and held fairly steady although Indiana slipped back ack a fraction With the exception of Consoli- Consoli dated Aircraft which moved up 1 3 points floutS aviation stocks were heavy eavy Irving Air Mr Chute dropped 6 points to a. a new Jo at 20 and anSI at at- 3 Aviation Se ur- ur ties also alsot t cached new V Io ground