Salt Lake Telegram | 1933-10-25 | Page 14 | Gold Purchase Boost Stocks

GOLD BOLD PURCHASE PURCHASE- 4 All AU Groups of Shares Advanced Trading Expands Substantially NEW YORK Oct 25 fl enthusiasm again entered th stock market Wednesday as the gov government set a new price for gold a an ounce All groups of ties tics advanced 1 to 2 or more and the trading volume expanded su SUM The close was firm Tr fers approximated shares Both professional and public bu ing irig swept leading issues up 1 around 4 points In the early hour hou The ticker tape dropped behind dm dur ing the tho inaugural rushes dwindled noticeably in the tent lent realizing Prices generally ta off in the final few The new gold price was not so his hi as had been expected in some quay qua but it was generally viewed as satisfactory beginning While X 4 the minIng shares acted rather tired after their Tuesday spurt spurt-Homestake losing about 15 lS points and the ti-ic other holding to anar row groove got up about 5 lied Chemical 4 and U. U S. S Steel pr f erred 4 3 34 American Telephone S re covered more than 3 in 1 to and others a UP around 2 included J J Houston TT Cerro do Pasco Oils fining Deere U. U S. S Steel o DIstillers U. U S. S Industrial Alcohol At lantic Refining Standard Oils of New Jersey and California Cap anti International Harvester er