Salt Lake Telegram | 1925-03-21 | Page 7 | Wall Street Turns Heavy

I Wall Wal Street t Turns Heavy NE NEW YORK March 21 Stock Stock prices Op opened ned Irni o on 0 active short covering In today's market marlet therl antl and ther turned heavy when wien selling pressure was WIS ved the pivotal Industrials and other re recent ent strong spots pOiS Heavy profit profit- taking tak tal ing Inti in live thie tie Pan lan issues resulted In a cancellation of ot the early gain while United States Slates Steel American Can and Baldwin were hammered d down wn 1 to 2 J points below last nights night's closing q quotations Acute weakness developed In Rapid Transit which broke G 67 i points to 17 1 a new Io low toi forthe for forI forthe the year yer Marked also also was noted in St. St St Paul preferred Norfolk I Western Crucible Steel lf Mack ck Truck Trude General Electric Texas Gulf Gult Sulphur and American Woolen Tho The close was shares heavy Total sales approximated cose 00 The recovery which started stated yesterday esterday made further progress to today at as fresh tresh buying buying- power was waN supplied for tor various sections of ot the list H. H U S. S Cast Iron IronPipe IronPipe IronPipe Pipe jumped 3 37 34 points Railway Halway Steel Springs and American Express 2 21 each I lOOse Wiles Viles les Biscuit American Waterworks Waterworks Water Water- works l 1 1 t to a new record lop top at ar 4 40 Among the many Issues to show gains of 05 a point or more W were American oali alt Remington the l Pan Americans ro- ro Typewriter rier Marine I. I Krisco Frico o P preferred preferred d dand a and nd United Drug Trading was In good v volume with wih the rapidity of ot I the the advance ad v ance vance In many issues suggesting urgent s short hort I covering g. g exchanges Ch owned ted steady demand nd sterling erl ruling lf u un unchanged ln ed at 77 i and l French rench ch francs franc y yielding slightly to c. c