Salt Lake Telegram | 1934-05-17 | Page 16 | Silver Program Improves Mines

J SILVER PROGRAM I U IMPROVES MINES II Local Exchange Exchange Ex- Ex grading Revives on w change 13 of 20 Shares IT Gain Cain 4 1 to 90 Points 1 s Mining shares snapped to attention and nd stronger price positions in greatly gre amplified trading Thursday on the Salt Lake stock exchange Greater coverage extended to 20 issues and gains of ot 1 14 4 to 90 points for lor 13 of the active octive issues resulted ment of the slIver silver agreement z between tween President Roosevelt Roose and the senate liver ilver bloc The agreement for tor slIver silver legislation et ct this session to provide a a mandatory manda tory declaration of policy that silver be purchased until unlit It constitutes 25 per cent of the metallic monetary basis was found by traders to be the foremost factor in lifting prices of silver issues Tintic Standard opened 70 points up with shares traded at 6 and a closing sale of 50 shares at gave this issue a point 90 advance Silver King Coalition was 50 points stronger on trading of 50 shores shares et at 9 Park City Consolidated spurted 4 points under volume trading of shares from 27 to 28 cents Gains of ot 1 points were made b by Bristol ol Silver at 11 cents and Cardiff et tit it 17 and 18 cents Combined Metals Met Iet als ala recovered to 7 cents Chief Consolidated Con improved 3 points to 90 cents on trading of or shares hares Other issues recording gains In the ronger market were Eureka Standard Stand ard at 1 to Walker at 85 cents New Quincy at 2 cents Miners Miner's I Gold at 12 cents Kennebec at 10 cents I and Howell at 1 cent I Eureka Lilly os barely steady at 26 6 and 27 cents while Horn Silver reacted 5 points to 33 cents In the steady teady class cles were North Lily at 55 cents Prince Consolidated at 4 cents West Toledo at 1 H cents Columbus- Columbus Rexall at 2 cents and Iron King at q 10 cents