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Salt Lake Telegram | 1926-11-29 | Page 8 | Wal Street's Close Irregulars

Type issue
Date 1926-11-29
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s68k8hrz
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s68k8hrz

Page Metadata

Article Title Wal Street's Close Irregulars
Type article
Date 1926-11-29
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Page 8
OCR Text Wall Streets Street's S Close Irregular ar 0 Marke Market at a Glance I ItEn tEn NEW YORK YORI Stocks Stock k Irregular local gas stocks rise on court lon Bonds Bond firm I popular Industrial Is Issue ii- ii sues sue lU ant Foreign exchanges es mixed I lr n h s 's ra rally I Cotton barely steady Southern wiling selling Sugar firm 1 lug C Coffee weak predl predictions of ot In Increased In In- creased receipts CHICAGO Wheat steady tern r Inte-r Interests interEst ts urn Corn MST fine weather ue went e t t. t Cattle steady hogs hos firmer s ONE o o. NEW NE YORK Nov 20 By the Associated Asso Asso- elated Tress Press neavy Heavy buying of the gas tU shares In response to a favorable United States State supreme court decision In a local rate cue case turned the course of nt stock prices upward today after au an early period period pe pe- pe- pe nod of ot Irregularity Relatively Ue stiff call money rates had a Il tendency to re restrict restrict reo re- strict operations on the long side and probably accounted for tor sonic some selling ceiling hut hutan hutan hutan an easier credit ten tendency tency Is lq looked for after the first of the month Except pt for reports of a n. further re restriction rl striation of mill operations operatIon In he Youngstown steel district a slid and unusually heavy retail trade there was wu little In the business news over the week end to Influence price movements Most Moat of or the new October railroad earnIngs earning earnings earn earn- ings ing statements published were favorable favor favor- able 1 particularly those of or the hard coal carriers which suffered from front a suspension suspension sion of or anthracite mining last year Consolidated Gas led the advance In Inthe Inthe Inthe the gas shares by quickly Jumping r 3 points point Brooklyn Union Gas and Brooklyn Brook Brook- lyn Edison also recorded substantial gains Baking oil and mercantile shares sharell again presented several 1 points of or strength Among the specialties a II jump jumpot of ot nearly 5 6 points In Congress Cigar to toa toa a a. new high record was the feature Early Jarly selling pressure was wall directed against such Issues lues as Dald Baldwin win South Porto Rican Sugar Liggett Myers Jers Commercial Solvents B n United I Fruit rull Advance preferred pre and Atlantic CO Coast Cont lt Line all of or which were ero hammered 2 24 to nearly 5 points point below last weeks week's closing levels These Issues with the rest of ot the list In the early afternoon The closing was wa was was' Irregular Several stocks reached the best t prices of the In rt the final hours ou d despite an advance advance ad ad- vance In the call money rate to 5 59 per percent percent cent which retarded tho the general forward forward forward for for- ward movement move South Porto RIcan nican Sugar after alter slumping to rebounded to a new high above but Savage Arms In and 1 Real Silk Hosiery declined decline to new 1126 1026 lows Total sales salu approximated mated shares A
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s68k8hrz/19858573