Salt Lake Telegram | 1926-04-28 | Page 10 | Wall Street's Close is Strong

Wall Streets Street's Close Is Strong Markets at a Glance Glanc SEW NE' Stock Stocks tock Stron Strong United States Steel IenI Itoe vigorous 1111 Firm st. st Paul raul Issues rally rUy on foreclosure order Foreign M 1 Ea Eal j French and n Uel Belgian lan fronts front's at new low tot ton olon j trade support n r Cuban sellIng easier eIler m markets CHICAGO OO U heat Firm i dry weather er Steady Corn orn f Wendy light receipts Cattle attIe Irregular il LICht fu weights r- r ril others other NEW V YORK YORI April Apr Apri 21 S my nv fly the Ass Asso Ano- fl dated dated- e r Press Press Encourage l Encouraged 1 by the ac ac- ac tion of the directors f of the United Jolted States Slates ta Stee Steel corporation In placing tIle the te common com coin mon finn stock on a a regular 7 1 per cent basis bails ball which th I was wIdey ld construed e a as evidence e of w c n e 1 Prosperity ol oe operators p a ng on ont the t 1 long Side Ilde resumed their campaign fur for higher prices In jn today's market depie despite sporadic bear bear selling In various sections of the list Buying orders order were well wel distributed but bot the steels steel Itell equip ments ment motors and foods gave the best bet demonstrations of group roup strength De- De spit the announcement that freight car car- loadings In th the week ended April 17 were more than above the corresponding week welt Cf ef last lat year and that the net operating Income of the first seven fifty railroads to report their March earnings totaled nearly as a against Oln Oin the same month last lat year speculative Interest In the railroad shares was confined to n a relatively few issues bIg bis four soared 10 10 points pointe and Atlantic Coast Cout Line and Ind Missouri Pacific preferred each advanced a point Special buying o of ot Atlantic Rec Refining Re Re- fining which c jumped 6 points t to a new top wa was in anticipation cr I Sn of t mer merger ger developments Oth Other r outstanding strong points were ere Pullman Midland Steel Products preferred Dupont and ard General Electric all al up 3 to 4 points Sat Savage SMale age Arms lost host nearly 3 points In an In outbreak of or selling In 10 inthe the early after after- noon The closing was strong The Th announcement an announcement an- an of higher gasoline crude oIl 01 prices In the west wet and d B southwest br brought ugh in a flood food of buying orders order order for the oil 01 shares in the dealings dealing An additional reason reson for a 1 7 1 point jump dump JUIP In Atlantic Refining and antI the strength of Marland was waa found In reports report I that thata a definite meren plan was wal under con con- Other strong features Inthis Inthis in inthis this group were Pan AmerIcan Pan B 13 B. B Geneal General Gen Gen- eral eCal Asphalt Pan Pan American Western and Mid Continent Ud Petroleum Meanwhile Hudson Hudlon extended Its 18 gain to 4 4 points and General Motors to 6 Sales Sales approxImated approximated shares share