Salt Lake Telegram | 1917-12-23 | Page 30 | New Era is Stocks Expected Better Feeling is Anticipated Show of Strength is Noticed

New Era in Stocks Expected Be Beter Feeling Fe ding Is An fic ip ate I Show ot of Strength Is Noticed ed L I I I AN 1 ERA of beter better Reeling with wih perhaps a little more activity L i and a little more strength confidently is expected with the thc arrival of the the- new year Indications of of changed conditions from the listless featureless and sometimes almost sessions of the local stock stoc were detected in III some quarters even duing during the past week and I I hope is held out that the slightly improved tone will wi continue right i up p to the he cos close of 1917 and give the trading during 1918 a good Impetus impetus S 'S Trading during duing the past week was light as had been been exp expected but there was an occasional show of strength that was encouraging to those backers who have grown weary of trying to do anything with wih a constantly constanty sagging market market Following is a day by day II I r review of the market for the past week Monday The MondaY The market held up Yer ver very well wen a although hough the tr trading trading- was extremely light and confined principally to low priced shares O Of the higher class cas of shares Colu Columbus was the most active At the opening call cal It i sold at but during the closing cosing call caU it i dropped droppel to t 1 the then l redoubled to and closed cosed strong at Iron Blossom lost losta a point point while Prince Consolidated gained the same amount Tuesday Tuesday Trading Trading was dull doll dul and uninteresting uninteresting and again gm confined principally to low Jow priced shares as is proven by the fact fac that the shares which changed hands represented a market value of only The higher priced stocks held firmly and in the case of Iron Blossom there was wa an advance of 2 cents There here was was only on one one- small smal transaction m in Co- Co lumbus Rexall lumbus and that at Wednesday The Wednesday The market was wa similar m in every ever respect to that of the two previous pre pre- o days s. s and there was little e change lu in prices ri t Practically t f f the only f feature Y I Iwas was the sale of shares sharps of or Paloma Paloma at Ii cent A year car ago this stock was selling around 20 cents Thursday Thursday Alta Alta Alta Consolidated was the feature of the days day's dealings Sales of the stock totaled shares at prices ranging from 27 to 28 cents and all al of ot the purchases are said to have ave been made for interests connected with or closely cosely associated with wih the company Iron Blossom BIos Blos som soni and Prince Consolidated made slight advances and on the whole th the market displayed mor more strength than usual Friday Most Friday Most of the shares traded in held their own and in some Instances slightly advanced The exceptions w wore were re Columbus Rexall Columbus which again sold at 1 and closed at 99 cents bid and asked Tintic Standard also declined on sales of 10 1030 0 shares to and closed at compared with wih on 01 Thursday Saturday the Saturday tho tho one call one cal session previous f lo in 0 the closing of the exchange until next Wednesday was an an uninteresting affair affair affair af af- af- af fair and in point of value the transactions transactions tons declined to the new low point I of 2902 Prices as a a rule continued to to i decline Columbus as an example example exam exam- pIe sold soll at 98 cents cents a new low record for the week and 9 cents below the highest price obtained during the past six days while Tintic Standard was off of about 2 21 cents closing at 1 1