Ogden Daily Standard | 1916-11-02 | Page 1 | U.S. Steel Sells at New High Price

U.S. STEEL SELLS AT NEW HIGH PRICE New York, Nov. 2. United States Steel common shares sold at the new high record of 122 1-4, shortly after the opening of today's market, tho stock being absorbed in large individual individ-ual lots. This exceeds lla previous maximum by half n point, tl also passed the preferred stock which sold at 122. 1 Other records of the morning included in-cluded Bethlehem' Steel, which tobo 25 to 670 and Sears Roebuck. 3 1-2 to 232 1-2. United States Steel lost a point on onormous realizing sales, but this waamore,,thaacounterbalancod by the greater strength of other in-dustrials. in-dustrials. Mercantile Marines were among the other strong and active features, and representatives rails wore in better demand at material .advances. A striking strik-ing feature of tho railway list was a fifteen point advance in Texas and Pacific Land Trust certificates to 145. By 12:30 o'clock sales exceeded 1.000,0000 shares of which United States contributed fully 20 percent. Of)