Salt Lake Telegram | 1917-12-02 | Page 21 | Stock Market is Very Slow Listless Spirit is Displayed Few Rays of Sunshine Seen

S Stock to c k Market Is s Very Slow Listless Spirit Is s Displayed Few Ray s of Seen m THE HE past week on the Salt Lake Mining and Stock Exchange L. L was generally speaking in keeping with the spirit that has been displayed for several months The market continues to sag although occasionally and in spots it displays a little activity and an inclination toward strength As a whole however f few r rays of sunshine are to be seen in the pit Positive proof of the slowness of the market is in comparative comparative com corn figures A year ago yesterday the total sales represented a market value of more than while the aggregate sales for forthe forthe the entire five business days of the past week were less than I Following is a resume of the weeks week's business day by day I I I J I I i I I I I I I I I I I I I I I I I I 1 MONDAY Tho The week opened fairly active with a large percentage of the trading represented represented represented by transactions in Lehi Lehl Tintic i which has been termed the Rip Van I Winkle of the Salt SaIl Lake exchange by reason of the fact that it has aroused I after nearly twenty years of inactivity The first sale ale was made at al S 8 cents and the next at 10 but from Crom that point it dropped back to the original price on profit taking Tintic Standard also receded as a re result re I suIt sult of profit taking but Iron Blossom are I S made a consistent gain and closed at while Columbus Rexall lost sev several everal ev v-I v S eral points and closed at TUESDAY TUESDAY Profit taking resulted in a further re recession recession recession re- re cession of ot several of the standbys but butas butas butas as a whole the market was strong and anda a good feeling prevailed Once more Alta Consolidated came into th the limelight advancing from Crom 30 cents to 34 and closing at 34 33 compared with 29 28 on the previous day During the session Secretary Shorten announced that hereafter the rule providing providing providing pro pro- viding that all aU transactions must be completed completed com com- within forty-eight forty hours would be I enforced under tinder pain of stiff fines WEDNESDAY I The exchange was in the shadow of oC a holiday hollday and as a result the trading was rather rather limited Alta AHa Consolidated in m in the closing sales lost two points scored in the tho opening sales and closed unchanged An effort to drive Lehi Tintic down failed and the price held firm around 8 cents in the face of sales of about I shares Prince Consolidated declined several points and closed w weak wak al at 68 cents and 70 cents asked FRI FRIDAY DAY As was expected after a holiday and andon andon on 01 the last day of the month the market was weak and with the exception of Iron Blossom practically all aU of the active shares showed declines The These Thena e included Alta Consolidated and Tintic Standard Another drive this time successful was made on Lehi Lehl Tintic under which the price slid down from 8 cents closing at However the offerings of about shares were readily absorbed Iron Blossom gained about three points over Wednesdays Wednesday's close SATU SATURDAY R DAY S I The last day of the week although it il came on the first day of the new month was In keeping so far as trading was concerned with the previous five business business business busi busi- ness days The single session was rather spiritless spiritless spirit spirit- less with the exception of dealings in Lehi Lehl Tintic which wa waa forced down a point Tintic Standard was the heaviest loser declining on two sales to bid and asked compared with 1301 1 32 the closing on Friday SAN FRANCISCO QUOTA QUOTATIONS IONS Badger Bro Bros brokers O S South Main Maii street ettl furnish r t the following r w quotations rat received over their private wires this tills afternoon I I Bid I Asked l. l Atlanta 08 OS 09 Blue Bull 01 02 C. C O. O D D. 01 02 07 Daisy 01 Florence 12 Great Bend j. 05 Grandma 01 c 02 Jumbo Extension 16 Merger 03 04 I Silver Sliver Pick 08 03 os I Sandstorm 01 oi 06 Big Four I 1 08 1 Dexter Dexler Union 02 Manhattan Con 16 17 Morning Glory 16 16 17 11 i Whitecap 79 78 79 79 I Con Virginia 08 Confidence 02 Mexican 13 Ophir 10 11 Union 1 Cash Boy Boy 01 1 05 Jim Butler 78 Mizpah Extension 04 01 05 OJ McNamara 1 15 19 I Rescue S 09 10 Tonopah Extension Umatilla 03 02 West Vest End Z 61 Nevada Hills 05 Round Mountain 20 j Crackerjack i or oi 02 Nellie 03 Rochester 40 I Nenzel 05 West Vest Tonopah io 10 11 1 Palmer 08 09 j KANSAS CITY LIVESTOCK S By Associated Press I KANSAS CITY Dec 1 Hogs Re Hogs Receipts Re- Re lower bulk heavy packers and butchers butch butch- ers ers light pigs I 1625 S I Cattle Cattle Receipts Receipts steady stead prime I fed steers dressed beef I II steers Western steers S 50 1200 cows 5 heifers 1150 stockers and feeders 00 I bulls 6 calves i Sheep Sheep Receipts Receipts none steady lambs iambs I I 1625 1700 yearlings 00 ewes 10 50 I 1200 I II CHICAGO LIVESTOCK S By Associated Press CHICAGO Dec 1 Receipts I.-Receipts Receipts 24 I weak ak bulk light Ight 1615 I 1700 mixed 1720 heavy I 1 22 ro rough gb pigs I Cattle Receipts Cattle Receipts 2000 weak native steers TA Western Vestern steers 1350 stockers rs and feeders cows and 3 heIfers 5 calves i I i i isi wi 2000 steady I si 87 1290 lambs I I