Salt Lake Telegram | 1927-03-17 | Page 12 | Wall Street's Close is Strong

t W Close alos e Is Strong 1 I I Markets at a a. a Glance mv I high priced I stocks tonch new ond exchanges firm pesetas higher W Cotton lower r southern n Sul al easy Cuban Coffee easier house selling J weak crop news Corn easy or cn cash h d de- de inand j r firm hogs pg weak tal rW YORK March 17 B he Asso- Asso dated date PIes Pres Li If Jh market was again In the p. p Iloie altho Gh selling set In by bear traders had hid s a temporarily eel As AsIn In Inmost most recent sessions the was led by bv the tho hIgh priced 1 and rails popularly to 10 as 95 the blue chips by onal tr ders So called So-called house buyIng was only moderate to In character The rhe proposed recapitalization o cC the Lead company to permit the of f a 1 stock Int rest in th t and other priced high Ot Of with large un- un surpluses NatIonal Lead w erect arelt any nt-any 10 points to It a record Id high h for all time lime at following pUblication of he report Showing arnd Ott the common stoCk last as against 1417 the ear before beCore states Otates Steel common G Motors and DuPont all reached new high round gro but American Telephone old ott sharply f oni its earlY high on denial or of dividend rumors Several stocks l were freeLy fl i t for d reasons Sugars for ex ample lost ground In sympathy with Vel CIU Pea Pea- DodY broke almost I taia six points en en the withdrawal ot of Interests long Identified with the company and the announcement announce announce- ment that recent changes In in- in ot of lad iad hurt the bank banI troubles were held partly n n. sible aible for tor th liquidation of Southern Dairie Issues t record low figures Despite these and other ks operation lot for the tie were confidently conducted in In Inscore score ot other ther Issues but In cn those with large current earnings s and excellent excellent excel excel- lent prospects the lower prIced Issues letues was active In American Union Bag Dag and Paper laper and company compan Rails Ralls displayed a undertone th 11 Vest Pacific and Missouri preferred on the forefront of the tho nd ad vance ance The closing was wa's strong impressive strength of hIgh grade ha es rose from 3 to 6 poInts IntimIdated the bear faction Into Inho coverInG cx ely tOnet ely In inome ome lOome ot of the Issues BaldwIn Case Threshing Machine American Brake Braice Shoe end ry Brooklyn Edison and Amerl Type Foundry Improved 4 to 6 points sales saie approximated shares A