Deseret Evening News | 1904-08-16 | Page 6 | Business Was Well Distributed

BUSINESS I W AS ASWELL S WELL ILL DISTRIBUTED DIST Opening Prices Generally Were Higher hut but Reduced Them Tem UNION UNON PACIFIC ROSE nOSE A A POINT Slump of a iJ Point In II Steel Stee Preferred Trad In to Lag Lai Lal Hut But Movement Was I is Narrow arrow Now New York Aug AUR 16 Prices were lere generally higher at Rt the tho opening of ot tho the stock market today on a II well wel distributed ed cd volume at of business Selling to tithe take profits reduced opening prices but ht large buying orders supported the lie emil and Pennsylvania Union Pacific rose rosea a 1 full ful point and mid IH St Paul raul and amid nock hock a it larB lal e fraction tracton l of oC hulled Un ed Sluice Steel pit pfd was OR a it I curl con cor Imry mary stock lost A halt half point Metropolitan and a Ibm itan Securities gained 1 4 then ic o acted IRU Minnesota 11 St Oft S llis pfd ped rose I 1 Vj Lackawanna roso rose 2 antI and 1111 the Corn stock Block and Bt St S Loul first pfd a point mud and Ii San I lost bat n 8 nUnion o Union Pacific touched touchet par liar United States Steel pfd 1111 II Id receded to 69 60 The Tha result of these thela movements l was to discourage operations elsewhere oll whore cl and to 10 hold prices almost motionless Wel toso 1010 4 were mimi linn at ut noon nO Prices sagged on dull dul trading t In 1111 sym sympathy pathy puthY with wih u Li loss of a I point In lit United States Steel pfd Sugar juno also 1110 lost n a I point The Flie general movement was WM nar narrow lar larrow row ross The liue he level of the tho market generally got Rot n it fraction under last 1191 night In Iii II nid md afternoon 1 Pennsylvania and aini Southern showed Hhowell 4 losses Ina ea mill Union lilian retained only a fraction of ot Its I gaul gain Sugar lost los U