Salt Lake Telegram | 1918-07-11 | Page 12 | This is Col. Rex Anniversary Big Strike Was Made Year Ago Price Skyrockets 15c to $2.80

This Rex Big ig Strike Was Made Year Ago AgoP Price P Skyrockets to 2 in Columbus Rexall Rexal on the Salt Sal Lake stock exchange ange A A ACTIVITY S during the past few days recalls the fact that this week marks a a year year sin since e the beginning of the flurry V which V eve eventually carri carried d the price from aro around nd 15 cents to within a short time The big strike was made In the mine July 7 7 I 1917 but the fact did not reach the ears of brokers generally until the fal following Owing Tuesday Not Nat a trade was made in the tile stock at the tho opening call cal but the storm broke at the beginning of the closing call cl when shares were traded in at from 15 c to 17 c. c The following day clay cay the price Jumped to at which fIgure figure figure fig fIg- ure the final transaction was yas madeTh made Th Th big day so far as the number of shares Involved In the transactions was concerned was Thursday wh when n changed hands at from the opening price to 31 hc Friday there was an overnight advance ad ad- adVance ad- ad vance to with the close case Saturday Saturday Sat Sat- a week after the strike the first trade was made at and the last Oneat oneat one oneat at Uc lc ic while at the opening opening of the new week the dollar dolar mark was struck with wih the first transactions and was added during the day With occasional recessions the price continued to advance during the remainder remainder remain remain- der of July and the figures figes S at the closing tg s session of the month tl WIre 1 5 More than Utan another dollar dalar was add added cd within the e f few weeks but t s soon l i i g afterward a a downward movement e was started and which continued until 1 was considered a standard price for the stock Early Erly this summer the price became V erratic eventually developing into a slump which carried It down to but from that point boint It soon saon rallied and this was ef followed d da by many ny ups and downs dawns b between a and l V 1