Salt Lake Telegram | 1923-01-26 | Page 18 | Small Trading in Wall Street

J SMAll IN WALLSTREET WAllSTREET Fisher Bodies Bodies' Move Buying Is Specialized NW YORK Jan 26 By A A. A P P. P P.- P. rading in today's stock market was on n a diminishing scale because of at the I m more re disturbing European d develop develop- velo- velo relents menis but the process of discounting favor favorable ble domestic business conditions was carried on without interruption Prices closed slightly higher with chief in stocks of com co- COt COt- panics representing large Current COrrent earnings ales approximated sharel shares 1 V Opening pries in to today's stock market mar mar- mar nar- ket were Irregular most days of at the Initial changes being at ot a fractional nature Demand was centered In the dent steels rails and equipments eQuipments with ih heaviness being apparent In a number of ot the coppers and oils ois Columbia Gas opened a point nd Consolidated ed Gas new stork 1 advanced Ejr EJE points yesterday dropped back hack three- three quarters of a point Fisher Body opened nine points high high- high er or at on overnight announcement that W. W C. C Durant Durant automobile announcement manufacturer manu manu- had offered to buy luy uy tle standing capital stock at tle a share 00 Woolworth advanced five points Pos- Pos turn tum tur Cereal 5 and gains of ot 1 3 to a 2 points point were scored by Corn Products Products Mackay company compan and California Pe Pe- Steel and Tube preferred yielded fractionally Foreign exchanges opened easier Prices rose steadily during the mornIng morn ornIng orn- orn Ing In response to a brisk demand for tor the Independent steel shares v and Sand a a n number umber of special issues issues' of companies whoso whose current earnings are reported to be exceptionally X a good There was a marked a l e absence c of 1 b bear pressure T TradIng Trading Trad- Trad d Ing slackened perceptibly after afe tho the high prices of at the first hour were made but values held up well wel Kreske was pushed up 6 points to 20 a n nev AV high record Contri Foil Foi advanced 3 33 Western West West- Wet Wet- em ern Union 3 31 General Electric 2 6 8 while gains gins of or 1 I to 2 points were re recorded recorded recorded re- re corded by Crucible and Gulf Gul States Stas Steels Columbia Gas Gas Continental Can Cn American Hide and Leather Lather preferred and International Harvester Advances of a point or more also al were recorded by a 8 few rails rals ing Chicago Northwestern Gr Grat at Northern preferred and Frisco pre pre- Len Len-ed Call Cl money opened at 4 41 4 per peri i cent There was little alteration to prices of the speculative favorites In the early afternoon but special buying continued In various groups not y the public utility chemical and mior I motor motor issues Columbia Gas Improved 3 points Kelsey Wheel and Beechnut t Packing 2 Mack Mack- Truck Mack Truck Tuck Over Over Willys land preferred Associated Dryg ds and Brooklyn Edison 1 a. a and American Linseed preferred Unite Drugs Davison Da Da- vison Chemical Pullman and Consolidated Consoli dated Gas old stock 1 to lj Arrow common and preferred id American Cotton Oil common and pe- pe were depressed 1 to 21 points while St St. Louis Southwestern preferred gave way U. U The closing was firm end Week taking profit towards the close caused a slight shading of values In some some- some vt the popular speculative favorites while a continuance of pool operations In others carried them to their Vest bOSL levels of the day J