Salt Lake Telegram | 1934-04-25 | Page 14 | Grains, Silver Aid Big Board

GRAiNS SILVER AID BIC BOAR Prices Firm From Their LOWs but Volume is Dull arx Close Irregular By ELMER C. C ALZER United Press Financial NEW April 23 r in grains and the stock market late Prices firmed from their volume continued dull Stocks closed Irregular In a range a majority of issues days day's lows U. U S. S Smelting w heavy loser closing at 2 1 2 12 points despite a i solver metal J. J I. I Case point at 70 AvIation and wet were firm Sales totaled shares ga shares Tuesday were shares against 24 Tuesday Silver futures recovered lo ranging to more than pol Wheat closed at net gains of 14 t cent a bushel Other grains r lied and closed fractionally Cotton forced down more than bale regained of the loss Ru bet bet- futures recovered only a portion of losses that ranged to points Rises Sharply Meanwhile the dollar rose against all currencies The gold o rondos which had crossed their gc export points on Saturday were 1 low their new parities in the dollar The dollar strength aid the market for United ve bonds and they gain the general bond nr was irregular and considerably ci- ci than recently Business news was featured 1 sharp gains in steel a electricity output The latter was highest of any week since 17 1031 whIle steel output wa peeled to cross the 1933 high ne week There were a few weak spots I rayon at one time wa 3 4 3 at 80 Ii later rallie aLso was weak The followed a reduction in rayon by Other companies m foliot Fall to Ahi Steel Higher steel operations failed to 3 the steel shares which held a but around previous closing leve Motors met some selling but raUl shares were mixed Silv recovered when sliver metal ma maup up all its early lasses Wet stoc firmed on expectations of earnings In the first quarter Ba picked up with Atchison New Yc Central and Pennsylvania maki small gains Utilities were down fractional most of the day Rubbers were pressed rather sharply with rubb futures but they regained pa American Sugar Refining lost points and later regained one reduction gained more than a pot J. J I. I to a small gain wh wheat recovered Talk of higher prices helped cc per Small gains were ma maby by International Nickel and colt Peoples Drug jumped 3 points to a new high at 41 12 in I special issues