The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-09-07
NEW Low LEVELS ON
MARKETS IN EAST

James 4. Pollock G. Co. bankers and
| brokers, furnish the following. received
over their private wire yesterday after
nta NeW York Evening Sun says: No es-
pecially cheering news greeted wall
street on Its return to business Prices
cnura IN s.ocks s,t,Ii, -, weakened materially En-
couragement for purchases lacking. The
lidrket seemed TO droop under its own
Welght and after n rather heavy omen.
ing tng,o decmned GS i,I during the afternoon and
Incty weak under moderate press,ire
q d o. reached Il new low level and
.ne losses in Reading and Union Pacife
en exceeded TWO points. with Steel. the 9TH
tionary. Undoubtedly some of tho de-
plesseo sentiment OF the day was owing
10 the bank statement of last Saturday
In the carly part OF the afternoon a raiiv
set in that In the course of an hour car,
REQ prices up TO about one point above
~, Paine. Webber & Co. letter. Boston,
Inere was no change in the dullness to-
DAY. What trading there was came from
she moor traders and was simply swap
ping STOCK back and forth with the hope
situation Is bearsh on the market bnt
we think the selling has been over,done
and we shall probably see rally of a
dr dem points within day or two No or
IN. me holiday and no one cares to do any-
thlng at present Lake was slightly
weaker on a few transactions. GirouX.
Greene -Cananea and Superior 6; Pitts
nurg were unchanged
', Logan & Bryan stock letter, New
York.-The stock market displayed
Of today's session. Recoveries from ' the
low level took place the last hour and
hah, but the buying was not Of an
aggressiTe character, There was an ac-
HOLIDAYS and In the absence OF good sup
port room traders proceeded to heI7
SIong sroais, the o,d, decline by offering stocks
the most attention and In that connec.
tion news In regard to the outcome ot
the elections in Vermont was anxtouslv
a,,,, aMai,ed: me various speeches made re-
Gently were not considered as being par
ticularly disturbing, but nevertheless had
me effect Of causing some selling Tbe
name MAJ e. ELECTIONS lection, viii occur, next Monday
meht crop report on grain will be pub
nshed- on Saturday the steel corpora
non tnn report on unified tonnage will be
ceived that considerable uncertainty is
likely to be displayed among holders of
s'cmT15,sS GaI1asSar during the next fortnight
tercontinental Rubber the only feature
on the curb today Low sale on The
s5,nnor;dd st1ok ss 1 high ] saG All the coppers u"S @
THpPoessd ,ipspness Ind declined to lowest prices
Homblower letter Boston Common |
market opened very quiet and wltbmt
ieutuie' tnere DelnE no accumulate of |
orders over the holidays When the few
scattered selling orders there were around |
the roSm were taken care OF at slight |
reeessions from last weeks closing
prices the market again lapsed into dull
ness which has prevailed for the last
three weeks. In the early afiernnon
there was absolutely nothing doing either
way. traders still maintaining a waif.
ing attitude Good judges do not expect
any activity until the New York mnrlsot
shows some signs OF improvement When
that time comes this market will respnnd
very quickly. There were no price
close was ouiet- with a flrrn undertone