Salt Lake Telegram | 1916-07-02 | Page 35 | Public Will Not Sell ir Stocks on a Low Market

ILL ILl NOT SEll THEIR STOCKS ON A ALO ALOW LO LOW MARKET Badger Brothers NEW YORK July 1 It I.-I I. It has been more a marking down th than n liquidation today While prices ha have ve been very weak not a great deal of long stock has come out It I Is remarkable how the public will wl not sell sel In Baldwin and Crucible and in the zinc stocks and many others others others-in in fact all nI of the war group they group they have turned big profits into big losses Brokers' Brokers loans are large and the customers are long of Industrials and not railroads That Is ts Isone isone one of the reasons the rails rals show the strength they do The earnings published published pub pub- by this group are impressive It I must mean higher prices and big speculation later The Tile Mexican situation is not settled It I will wi rot not be settled some think In any way but by Intervention They need not call caU it i so but It i Is virtually Intervention today Motor trucks are under the hammer as th feeling is growing that this branch of the business business bustness busi bust gowing ness has reached its Is highest point of earnings and is on the down grade gade The analysis by an eminent statistician who makes maltes a close study of business conditions confirms this view Under the influence of ot large demand demand de demand de- de mand and resu resultant tant high prices the production of copper during the last six months has exceeded that of an any equal period in history It I is estimated by bythe bythe bythe the leading copper producers that the Teutonic may take as much as pounds of copper annually during the two or three years following peace This Is mentioned as a reserve I demand as well as postponed copper construction which will wi maintain prices pries after the war ends