Salt Lake Telegram | 1939-08-10 | Page 17 | European Crisis Fears Depress Stock Market

iDRO EAN CRISIS FEARS FEARS- DEPRESS STOCK MARKET MARKET 1 LI EXCHANGE n 1 PRIC MOUNT 1 in trading at the 1 strong Lake stock stock exchange was wast f t M as no leading items Thursday t were strongly up f some ome off iff ire rt o were e unchanged change changet Ii Sd d ost trading was with b t 1 M fost f active Bullion ive which opened 2 I at t st 37 31 but climbed to 40 off nt 0 e bidding rg Metals opened un- un m at t 7 7 selling 1000 shares ged rice and m mounting to 7 I at P price whIch I Price 50 were I ts IS Ii red were Condor Gold at att Lilly at t 33 cents Horner Horn l 1 10 cents s New Park at atI at h I er New Quincey at 3 cent 3 I Korth oth Lilly Li Liat at 98 cents Ohio ts Park Bingham Vit at 7 cents t t 3 peSt cents and Tintic Standard at l industrials sold which Z I c C. C M M. I I. I V dl 1 share of un- un I. I ed jt at 38 and 2 25 shares of power Light 7 37 preferred uh 62 and dropping UP tIP 1 at k 1 w position tOj LEADING SHARES SUFFER REBUFF By VICTOR EUBA EUBANK Associated Press Financial Editor NEW YORK Aug 10 With la-With With fresh resh fears of another European crisis receiving the principal blame lame stock market leaders on Thursday were shelved for losses OL Oi 11 1 to 3 points or so The list extended Wednesdays Wednesday's setback moderately at the opening on meager dealings Selling volume volume vol vol- ume time picked up before midday but offerings subsequently dried up appreciably Extreme declines were vere shaded in some cases in the final inal hour Transfers approximated shares Worries over a possible weekend weekend week- week end nd nazi coup with Danzig as the focal point caused traders to lighten commitments In virtually all Industrial categories brokers said aid Although business hopes at home lome still were high it was thought hought they were hardly sufficient sufficient cleat entirely to offset uneasiness regarding overseas potentialities Rails Ralls R Resist Pressure Rails Ralls held fairly well notwithstanding standing last weeks week's freight loadIngs loadings loadings' load- load ings ings' were up slightly less than seasonal A relatively big upturn in n merchandising shipments however however however how how- ever was encouraging Oils backed away as the price of midwest crude was vas cut Aircrafts were among the few exceptions in the retreat Most were up fractions at one time but buthe the he move was not unanimous and most slipped at the last Bonds followed stocks Foreign securities markets did little either way Commodities were mixed mixed- with grains advancing Commission houses reported the days day's dealings In shares were mainly main- main mainly ly y in the hands of called so-called professIonals pro with the public still doing nothing Buying or selling orders from abroad were said to have been insignificant Glenn Martin United Aircraft and Consolidated Aircraft were resistant throughout