The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-12-06
BETTER PRICES SURE
FOR COPPER SHARES

James A. Pollock & Co. bankers and
brokers, furnish the following. received
over their private wire Yesterday after
noon:
Paine. Wcbbcr & Co., Boston-Han :
cock. North Butte and Live Oak were
the active spccialties again today. Buttc
IL certainly looks as II this stock is be-
ing accumulated without bidding UP the
price. Hancock sold off on rUmors of
assessment To come soon but all stock
offered was quickly taken by people who
know the value OF the property. The
same crowd is still gathering in the
Live Oak around 80. Range Is strong at
% and the reduction In the dividend
for continuation OF activity and higher
prices.
Logan & Bryan. New York-1'he active
issues as result OF todays trading
closed somewhat lower. but declines on
the whole were not OF sufficient extent
TO warrant concern except. perhaps, in
the instance Of the Wabash issues. The
announcement made relative 30 the af-
fairs or the latter company. that is, tho
appointment OF n reorganization commits =
sion with a view to avoiding receiver
ship and with the Idea primarily in mind
TO adjust the finances OF that road and
It's allied companies, induced some SELL
ing OF long stock together with some
pressure for the decline. but the list gen
orally offered fair resistance.
The presidents message was regarded
that il did not advocate anything of n
particularly radical nature which here
tofnre had not received consideration.
The remarks relative 10 the supreme
Tobacco cases were accepted as friend =
~ but after sizing I'D the whole docu-
mcnt the question which aSitated tho
ma iority was whether or not congres
sIonal activities are likely 10 he governed
in marked degree by tho suggestion Of
fercd by the chief executive. Rather we'll
defined reports were circulated relative
10 the probable contents of the report
TO be submitted TO congress on Friday by
the railroad securities commission and il
said that the findings OF the com
mission, II adopted, arc likely 10 do much
towards clearing up the rate question and
also towards increasing the Initiative of
railroad managers in connection with the
Issuance Of new securities along conser-
ystiye lines
Politics still appear 10 be the domlnat
ing Influence I'm the security market and
"A waiting attitude apparently has been
assumed by prominent market factors
pending developments or decisive ma
ture.
Gallagher. New York-Tnspiration
opened string, advanced 10 10 and closed
~. No changes Of importance IN any of
the coppcrs. WoolworilI Com. again u
strong feature, good buying forcing the
price up To So. which is the highest so
FAR. American Tobacco traded in from
800 to $40. last 5oI. The ronopshs and
Tintics dull and unchanged.
Hayden; Stone Co. Roston-Thc
afternoon session OF the Boston copper
share market has developed few changes
Of Importance, the stocks In the Miami
group arc holding firm and are in good
demand. Old Dominion was bid up to
i1g which is an advance OF *. Hancock
and Osccoa have been rsactionary.
the former losing % points selling at
PA. the latter quoted mt IS North
Butte holds its early gain around 35t. In
tho industrial. United Fruit continues
the feature, selling at lS3.