Salt Lake Telegram | 1930-09-08 | Page 14 | Bulls Fight to Advance Prices

BULLS FIG KITE AD VAN CE P RIC Market Irregular at Clo With Steel Issues Under Fire fw i ii ii mn Markets at a Glance YORK Annum AtU soon soars on squeeze ot of shorts j Hands fonda firm firna Argentine ease on ca offerings Curb firm numerous v nho strength exchanges Irregular tig line hug tron strong 4 quiet and steady d Coffee higher trail boy buying Ing J CHICAGO J Wheat easy visible ply and linger larger Russian offering j Corn easy casyl larger country Cattle stonily I j Hogs steady to strong n By CLAUDE A. A JAGGER Associated Press Financial NEW YORK Sept 8 AP- AP Bi AP-Bi operators struggled tc day to push stock prices critical levels which proved the Waterloo In July but were han by taking profit on the nt ri of late last week and fresh opp from the tho bears The Tho cros currents of carted caned total transactions to shares th the largest M ml month hut but the market closed irre ular Tho steel issues were und pressure during the tho afternoon 0 l S. S Steel and Byers Joa Jo Ia a point or more and Vanadium Gillette was soft dropping 3 point Gains of 1 to 3 points recorded et eat Her in the session In such shar r as American Telephone Gener Motors North American America Water Works Dupont and Souti em ern Pacific more more- than 6 In C Cc were down The Tho list stiffened slightly ti k ward the close however as Aubur was sent up nearly 10 apparently Ja J I a a. driving in of shorts Business news was scarcely ot of character to influence the markt marke ono way or the other but the moi mc cheerful tenor was Declaration of extra dividends c o Mead Johnson and Agen two rather inactive curb stocks waat ws wa at least leasta a change in the divides divider news if not particularly particularly- cant i Early estimates quickened slight ly week this and surveys from mer merchandising sources continued t report seasonal pickup fe Announcement that the new lasu of treasury certificates would b bt a the low interest rate of 2 8 3 p pe cent was regarded as a fresh ind cation of the tho plenitude of capita seeking seeking- employment Among the tho less favorable devel of the day was a shir shin drop in cotton futures on tion of the government crop esti estimate mate and gasoline price reductions in tile the metropolitan Now Tori area Oil shares were sluggish 3