Salt Lake Telegram | 1923-07-31 | Page 6 | Wall Street Prices Sink

III STCEET : pnicKSC: PresiJent'ft Line Cause of LiquiJations . WrW YORK. July Official mraMrbi re-P-ortu ikut pre t.ot Mrrfia miHiM WM a-rw v i browaut a la mo voluoa mi Battling artier bit fnmr'm atwrk aaarke-t and fiN4 a break ( tt 1 polnia ha I nlte Stair trL, Rfw4-kker. , Baldwin, and other kar. ('UlM bwwae re- art,. r4 that mfb of tbo llejeilrfattou wa fro hmII lTr4om wk ma frirh tewed tr ho iara fof, fka wera ka tka prratdeaat'n lllwe NEW YORK. July II. Intermit-tnt Intermit-tnt selling prfmuri wss eer ed against th stock mark at wttn many artlve Imum showing aclin of 1 to 1 point at tha cloaa. Much Of tha liquidation caraa from small Inventor who were friwhtenrd Into soiling br the aerlous nature of the frret.1t-nt a lltni-sn Sales appro-mated appro-mated f0.00 shares LirtuMation by Invaatora appar-atlr appar-atlr alarmed at tha presidents condition turned prices haavy eoon after tha ODtnini. Losses of 1 te 1 polnla ln pl.c-o In l'nll4 ta'oa Hio.l. H.ldwln, 8tuJ.bar, tho l.n-Am.rK.n liiuw i-rodlilcara and rofinira. liou.ton. MaTland. htowart Uarnor, rllromb.r Car-burolor, Car-burolor, Ainorli-in Wool.n. American Ameri-can fan. Corn F'nxluclB and manr othora. t. I'aul, pr.tarT.d. louchod A aw luor foe lha ar Baa load-ii... load-ii... Monih.rn Farirtr and North-rrn North-rrn Paciric oab rlo,dd point r mar.. "orla chau. epnai Jowor. - Prlca rcov.r.l allMlr rrom thalr aarlr Iowa, but tradlni oa-ram. oa-ram. .xlrmelr dull on tha rallr Ju.t before boon anothar wav. or aolllnc ordor. aw.pt mi. th. n,ar-kot n,ar-kot and carrIM prlca. downward acaln wllh aolllnir praaaur. col-conlratod col-conlratod n Ih. olla, alooia, wiulp-mania, wiulp-mania, motor, and- motor Accoa-aurlra. Accoa-aurlra. Matland Oil tiroka al polnta and Ooadrn 3i. lha lattar lourhln ll4. a now low rocord. Adlltlonal naw low. wr oalahllahed by Mia-aourl Mia-aourl Paciric, rommoa and pra-r.rrod. pra-r.rrod. Crurlhla Wool. prof.rrod. and Cuba Cana Kugr. Baldwin and tho Pan-Am.rlcan laaupa ai-tondad ai-tondad thalr loaaoa to 21 polnil .acH and ach additional toaao. of A point or mora w.ra .cored or International Harraatar. Oanaral Kloctrlo, Corn JToducte, Amancaa Tobarco. American Woolen, American Amer-ican Can and Unit toco motive. American Agricultural Chemical, preferrred. each, up oa, wee amonc tha few at rung apota. Call onef opened at per cent. kUudebaker declined pont th. .arly afternoon and tnlleu Htatea Btl dropp.l H t. I. a new low. Moderate TalMoi Irom (ilr.ni. Iowa uauaUr ware (ollowW br anothar lapaa oa tha .at traaa- CThe cloaln. wa. rtnor Short eov.rlne- operallona wera a.ala Apparent Ap-parent In tha lata doa !" prliee rallied from amall Iractloaa t. 1 point from their early Iowa.