Salt Lake Telegram | 1913-10-28 | Page 9 | Market Resumes Upward Movement

MARKE MARKT RESUMES UPWARD MOVEMENT N NEW W YORK YORK Oct Ot 2 After 2 3 After a period of or hesitation In the tho earl early trading the tho stock market today toay resumed reume the the alot upward movement with wih which time the week began A new now bullish element clement was as Introduced into Inlo tho the speculative situation by announcement announcement an nn of or the engagement of gold of-gold gold at nt London for tor importation Expectation of n a ngod good god showing in the United States St Steel 1 corporations corporation's quarterly statement to be b. b given out soon on also tend tended to sustain the Price fluctuations ran to about a 1 point In various shares with wih th the advance ad In full Cul awing swing at midday I Bonds were tead steady Seln Selling pressure Increased sC to a R decided extent when no concerted effort was made made to stop the decline Tho The unfavorable Union Pacific earnings for tor September made mado that stock a n target for tor or speculative selling colling under which It I sold a n point below yesterdays yesterday's 8 close Tho market clo closed cd hC heavy Speculative o sentiment turned pe pessimistic again when no effort was made to defeat the th raiding tactics of or the bear ber party The Tho decline was wan Wn helped b by rumors rumor of further In the Mexican situation L Losses Lasses reached roche 3 points point in Canadian Pacific 2 In Union Pacific and 1 I to li Ii in Steel Reading Southern So Pacific and I Amalga Amalga Amalga- 1 mated Covering operations pulled pule up the list fractionally at the end and tho the gen gen- oral cral tone tono ed St Stock ck List Li Close Cose Amalgamated r Copper Coppez Hi American fleet Beet lett Sugar 24 4 American Cotton OH Oil al American Smelting Refining 64 U Aern Amer lean ican n Sugar SUlar Refining American Tel Tol- 01 Tel Tel 0 1204 Anaconda Mining Co 3 34 36 Atchison 93 Atlantic Coast Coant Coall Line Lino Baltimore Ohio Brooklyn Rapid Transit Sn 87 Canadian Pacific 2271 2275 Chesapeake Ohio 57 57 Chicago North rest Western rn 1261 1255 j Chicago Milwaukee 2 St. St t. t Paul Pail 10 1025 j Colorado Colordo Fuel Fue Iron tron b Colorado Colordo Southern Delaware Hudson Denver Rio Grande Grandc Erie Ere General Electric 1401 Great Northern pfd pt 1235 Great Northern Ore lOre CUe CUB 33 Illinois Central lOG 1061 1065 Inter Inter- borough let 12 pfd pM I SH Inter Harvester 1031 1035 Louisville L Nashville Missouri Pacific Si Missouri Kansas Texas Lehigh Vale Valley 15 National Lead Hb New NewYork York Central Norfolk estern 1031 1035 Northern Pacific 1091 Pennsylvania 1091 1096 Peoples People's Gas UH 1215 Pullman Car Cart H Reading 1611 Rock Island Co Cr HI Rock nock Island Co do pfd pM 11 Southern Pa Pa- Southern Souther Railway 23 3 Union Pacific ISH 1515 United Unite States Steel 51 United States Steel pfd Wabash Western Union 65