The Minneapolis journal., 1901-11-20
STOCKS ARE QUIET
Small and Mixed Price Changes at
the Opening.
BUYING ORDERS BRING ADVANCE
but Little Business Is Transacted
in the Usual Market
Leaders.

| New York, Nov. 20.-The opening trading
! in stocks was quiet and the price changes
We're small and mixed. There was a firm
tone in the local traction stocks and in St
Louis and San Francisco second preferred
American Smelling rose IL. Otherwise the
changes were insignificant.
Large buying orders appeared in some of
the railroads, Coalers and specialties. and
prices all around advanced well above yes
terday's close. The Improvement reached
from l to 112 in Sugar, Manhattan Metro
politan Street Railway and New Jersey Cen
tral. Chicago Great Western preferred B
was sold down points and ST. Louis &
San Francisco first preferred half as much
but the last-named recovered Toward IL
o'clock the general market became easier
in tone in sympathy with realizing in the
Pacitics Sugar and Peoples Gas, the last
named breaking 15s.
A renewed rise in the CoaIers occurred
and many large blocks Of the low-priced
stocks changed hands. New Jersey Central
extended its rise to 5, Lackawanna gained
212, Delaware & Hudson IA and Reading sec
ond preferred and Ontario & Western about
| point There was a better tone generally
but changes were narrow and but little
business was transacted in the usual market
leaders. St. Louis & San Francisco common
and second preferred rose point each
Pressure against the transcontinental stocks
was resumed and their weakness gradually
permeated the general market causing prices
to dip sharply. Losses of from l to points
were made by St. Paul, Union Pacific South
ern Pacific, Missouri Pacific, New York Cent
raj, Lackawanna, Reading second preferred
Sugar, Manhattan, Metropolitan Street Rail-
way, Peoples Gas and Locomotive Some
buying to cover developed later and recoveries
Of a small fraction were general Chicago
| indianapolis & Louisville advanced ia and
| local fractions rallied strongly. led by Man
| haitian, which went higher than before
The junior Vanderbilt stocks became active
and rose strongly, net gains reaching 8
points in New York, Chicago & St Louis COM
mon, 11a in the second preferred, 27B in c., c.,
c. & st. Louis and in Lake Erie & Western
and Peoria q Eastern. New York Central and
Canada Southern rallied 2h and ia respec-
lively above their forenoon lowest, and SOC
shares of Michigan Central were bought al
140 These movements strengthened the mar
ket elsewhere but there was little interest dis
played.
The pressure to sell overbore the buying
demand again and there were declines of to
points in the principal stocks. Peoples Gas
fell to 9815, Sugar reacted IA, Rock Island
rs and there were losses of point or more
in the local fractions, some of the Coalers
! New York Central, Union Pacific St. Paul
and Locomotive preferred. General Electric
rose 2B and Minneapolis, St. Paul & Sault
Ste. Marie 2A The heavy selling of Peoples
Gas unsettled the late market. The closing
was rather dull and easy.
Bonds were irregular.
Stock quotations reported for The Journal
by Watson Co., Chamber of Commerce,
Minneapolis, MINI.
Closing figures are bid.