Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-07-26
0UTPOUR|NG OF
STOCKS ALL DAY

New York. July 2.-Stocks were Of
fered In large blocks at the opening OF
tho market and Wide price reoessions
were the result. Losses averaged from
4 large fraction to point IN practically
all OF the most active stocks and In Con-
sOliaatod Gas there was d drop Of -.
American sugar. Western Union ami
marlborough metropolitan preferred !,
and rtVeK island anu Amalgamated Cop'
pc. 4 .. Itgasy iiuut0atIon was III prog
zoos tatS nrst nOur hau severe aeciiiles
resulted. aeso Wcls must mAtkeu IA
stOcks not Vi nrst importance. Covering
operation 10 snv Duo.s gave the lnOst
aclIVu a,OCAs seine pOuer "a rvsistanev.
Iuy WhUlv ntdtRct tunitd Mueh me Opvh-
AK uruan In la com inatK-t was lS-
20. .eG. AtlssVur, acme lvit ~, DIoVh-
iyh nua Ids "a, si'as-S"c i't,iu otevi
alu Oenttal lssatnef prSlericu l. 81.
i4Juls-oOu..wese-ih ~ eseiIe - On. he
puDllc stevt preierreu, Westinghouse
r.fsctric. american tilue anu i.eathe4
prelvrrvd siud marlborough AietrOpOutan
preferred ana SVutnpI4i RAILWAY pre-
IeiIeu, lsOuisNlne * NasnNliie. D-iaw are
~ hudson. hansas cay, Svuuieih pre-
Iora ca, w estcrn Union, American Car,
AintIlgttii SiucttinK, General Elccuic ahu
JoiOTadO h uei ~ -. lne must acilNo
Stocks were restored 20 last nignts level
Dy tRe rally.
In various STOCKS iOr -Mnicu me marRtt
40 not usuauy active. rVrced iluulda-
ttou was cNluvnt witn ho ouecuNc demand
20 meet H. small sales suincsd 10 break
prices Tor these stuCks. 81. LOuis-SOuth-
western prsryrrCd dropped ,. southern
taliway preferred ~. MISSOURI racine
b,., stUss -Suetneid Steel o, rtuck isidnu
Deferred 4S4. International Payer pro
ierTed. RepuDlic Steel preferred ana
american steel Foundry :, ana many
others from TO points The weaken
ing OF Reading ana the Copper stocks
AFTER showing some Resistance was the
feature Of the second hour. There was
stetdler tone al noon when the market
became dull.
Bonds were weak.
Che active trading stocks began TO
show the effects Of satisfaction OF de-
dend paying stocks plungins down
wards to new low levels FOR the year.
Liquidation was heavy In the Pacifes.
transcontincntals, l. 5. steel and he
ran from TO Missouri Pacific slump
ed lsl4 Rock Island preferred S. the
many others to points Iackawanna
sold at a decline of 80 and Central Rail-
road OF New Jersey IL. There were some
rallies at the end OF the hour
a fresh uutpouring OF liquidation caus-
ed Reading TO sell at 1903. Union Paci6c
il2A, u. ) Steel 6lA, Pennsylvania 122lz
and the whole list at corresponding
ed 3, Republic Steel preferred
and Colorado Fuel ga General
Electric ana central Leather ). Delaware
y iuho'u ~ 'hlia'AAAHA'h NfoS anu ~
lautlc Coast Line va ana various others
4 or more. The shorts were eager buy
ors on the decline and rallied prices 1
to over points.
The market closed very unsettled and
irregular. The Improvement continued
very unsettled during the final
hour. The subsistence OF lqui-
d. ton checked tho decline and
there was an active demand from un-
covered shorts and from other sources.
Prices moved towards recovery anu
losses were reduced by 1 to points
the active dst and by wider
amounts ia some OF the less active
stocks. The demand became unsettled
again IN the late dealings and prices
Yielded again. Rock Island preferred eX-
tended its loss to 10 points.