The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1908-11-13
hume OF TRADE
|ROWS MUCH LESS
..,;ipg and Uncertain Move
n in Prices Also Follows
the Recent Rise.
ngESSIONALs BAFFLED
4 IMPLICATIONS PRESENTED
mid Response of the Gen.
I'll List to Marking Up of
Few Specials.

! vnRK Nov. 12.-Transactions In
-sorvent a decided shrlnkage
-scent rate OF activity today
,v,ne this shrinkAge in business
~1vering and uncertain movement
The tendency was at all times
~ and the market movements
'+ssedingIy spotty and uneven. tne
sinnal operators tound InelnseIsess
4 rmzzied 70 read the slgnincanCe oi
.lred Indication and constant snlLe
! ennsrations by the room traders,
o.,piative element was disposed TO
! faction In the morning when
~ ~ that large additional sales to
,se ga hoen attracted by yesterdays
.isrs ies nj weakness. Later this ele-
rssssed for q recovery when the
y. sesn,ed TO be completed. This
- - i,,pthered by the marking up
.csI stocks. , u.+
4, demonstration in special stocks
rnrsaiIsfactory and led to renewed
Z. nvsr the speculative outlook.
4, m stock on the list which has
. s,rmnashetIn = influence ordinarily on
E-.Sais market than United States
1 ne rise to 662, eclipsing by. more
noinI any price ever before
IA N the history of the corporation.
rmarkable demonstration. The
" stock at ia sold at a record
4 tina moderate response elsewhere
,ksreforc- the more noticeable.
Ia Of Northern Pacific, the show
---rSth TODAY was largely confined to
a N the lower grade and smaller
A ne urominence Of which is count
I'm usually of the passing OF
~6fiye movement into its declining
4 The lack OF special news to ac-
a Tor the heavy demand for United
a s(eel gave rise to a surmise that
a and obstinate short interest In the
Tas being driven to cover on such
rning terms as may he imagined
4 ihe excess OF the price paid over
a which any previous sales could
/ Zen effected. The organs OF the
I'd steel trade, while detailing the
. Evidences Of Increased activity In
Industry of widespread receipt or
o1ders, expressed what the Iron Age
4 he "ahsuyd exaggeration' OF many
Icfnts current regarding improve
/ that has taken place and the pros
! for the winter.
rinEent slump In the price OF copper
H.
|:H, gave point To the suspicion OF
live manipulation OF the market
IHat metal on the recent advance.
a os copper locally were not affected,
4 billing off in the demand was re-
" Indicating that the Immediate
D Of consumers have been provided
fhe copper industrials were not con-
Eg here for price movement in
Il 6iYectiOn althOuPh In I.opdop they
; 1lually depressed IN sympathy with
ELhn Of the metal. The sale of s20,-
n of a new Issue OF Illinois Central
+ snd the immediate closing OF appli-
y fo- the issue by the purchasing
- was regarded as q proof Of the
~ investment demand and OF the
2lomlsc OF provision OF facilities for
slIoads IN entering on new work
|'sports OF orders for new cars were
same sense The declaration OF
|Q3l dividend on Colorado G. South
f'ork was an illustration OF the re-
oopcd Tor BY purchasers OF low.
railroad Etocks from the coming
:lty Which is counted upon. al.
me earnings or that particular
~ oven through the period of de-
en. have marked It apart. The
rN eranges show some striking
gut the restraint on the movement
PRIME speculative favorites as
raclnc, southern Pacific. st, Paul,
;Asma'gemated Copper and Amer
laung made Itself felt IN the tone
H we're Irregular. Total sales. par
NSas.000. poA
~ States bonds were unchanged on