Salt Lake Telegram | 1933-10-16 | Page 13 | Lower Prices Draw Buyers

LOWER tOWER PRICES DRAW BUYERS Week on Stock Exchange Opens With Fairly Good Turnover Though bough price e d declines were were general at t the opening session of ot the Salt Lake V-Lake stock exchange for the week b bi buyers rs seemed emed to regard the reductions reduCe lions as an m inducement to extend their t commitments rather than a reason i for tor taking to the woods Fifteen stocks i were active as against 11 on Satur Saturday day Of the 15 1511 ii 11 went over at materially mats mate prices 2 were higher than at their last sales and 2 remained S steady Mountain City Copper gained 5 points with a rise to oz on the Sl sale e of shares at the opening but this turnover was hardly completed when shares came out at 2 1 and the issue closed with a n net gain of oi oiS S 2 12 2 cents compared with Saturday S Lehl LehI Tintic holders ran out of ot 1 cent mares and the buyers of 2000 had to part with 1 14 4 cents a share to get iet their orders filled Readiness was shown at the first call to take advantage of a 10 point cut cutto cutto cutto to to 4 in the price of Tintic Standard rand fand and shares were taken up at the reduced valuation Silver King Coalition Coati tion lion proved attractive in view of a am arn rn m mark down down rk-down from 6 to and shares were quickly absorbed during the second calL Fifteen hundred shares each of Combined Metals at 5 and Eureka Bullion at 15 were taken These rates were the lowest recorded during the present movement Eleven hundred Park City Consolidated fell feU to 16 2 1 and Tintic Lead to 27