Salt Lake Telegram | 1938-02-21 | Page 15 | Rices Advance Fractions to 3 Points on Stock Market

ICES ICES ADVANCE FRACTIONS TO 3 POINTS ON STOCK MARKET t t STEEL ISSUES 1 LEAD UPRISING B By VICTOR EUBANK Associated Tress Press Financial Editor Euto I NEW YORK Feb 21 RisIng SV trends rends predominated in Mondays Monday's stock tock market with selected issues climbing fractions to a point generally generally generally gener gener- ally and a few more than 3 A little profit selling now and then reduced extreme gains and arid most leaders finished under th the days day's best levels Steels led the slow advance thic barely kept the ticker tape ix in mo- mo ion Uon In demand were farm implements implements im mi coppers electrical equipments equip equip- ments oils rubbers chemical and specialties Several rails ralls and ties did we well II but the majority held improvement to small amounts European developments including hitler's speech and British Foreign Secretary Edens Eden's resignation held heid the main speculative attention a al although although al- al though disturbing market repercussions repercussions repercussions reper reper- were absent throughout Apathy in the commission hanses was attributed largely to the fact many traders skipped today's today proceedings proceedings pro pro- because the exchange will willbe willbe be closed tomorrow for observance of Washington's birthday Transfers were around shares Bonds on the whole failed to tomake tomake make the grade Austrian loan loans broke sharply on the latest reich I happenings Commodities were a abit abit bit uneven Wheat at Chicago was unchanged to off 94 cent a bushel Corn yielded s to Cotton fu futures futures futures fu- fu tures displayed strength A decline of 6 of a point in this weeks week's steel mill a operations was somewhat disappointing in view of previous forecasts but stocks were inclined to ignore the lip flip Several pleasing earnings statements state a ments including that of Westinghouse I hou house e helped brighten board room I spirits I Prominent on the upside the t greater part of the day were United States Steel Bethlehem J. J L Case International Harvester Caterpillar Tractor Anaconda American Smelting Smelting Smelt Smelt- ing Cerro Cerra de Pasco Westinghouse I IDu Du Pont American Can Allied 1 Chemical Allis Chalmers Johns- Johns Manville Philip Morris American Telephone United Aircraft Electric Power and Light Santa Fe Chesapeake Chesapeake peake Ohio Montgomery Ward Sears Roebuck Standard Oil of New Jersey and United States Rubber