The Minneapolis journal., 1902-07-10
IRREGULAR MARKET
Some Heavy Dealing in U. s. Steel
Stock.
s NJ - ) -.
PROFIT Pr O TAKING Il IN I IN GRANGERs
Also a Renewal Of Operations in
st. Paul and New York
#. 49, Central. 49,
PROFIT TAKING IN CHANGERS

ma
Z, New York July 10.-There was no wide
or significant changes in opening prices and
the movement was exceedingly confused and
Slight opening gains were lost and
the declines recovered. There were heavy
dealings in United States Steel stocks, de-
pressing the common~A and lifting the pre-
terred as much. Elsewhere the trading was
on q small scale ~ - .TS S2g.1.,
:, There was a renewal of operations in St.
Paul and New York, Central and these stocks
advanced l. and 2, the latter touching 100.
Sugar, missouri Pacific, aAmalgamated, Louis
vile, Chesapeake &. Ohio, Pennsylvania and
Union Pacific gained large fractions in SYM
pathy but did not hold their top prices. Re
public Steel and Virginia Carolina Chemical
gained point, Cotton, Oil 1ss, and Anaconda
2. St. Paul relapsed below: yesterdays close
and the general list became heavy. Ice pre-
ferred broke AZ and the common q, Evans
vile & Terre Haute lost point. -
There was active profit-taking in the Grang-
ers under cover of the strength of eastern
railroads. causing very irregular market
St. Paul, Atchison, Missouri Pacific. Rock
Island, Illinois Central, Sugar and Hooking
Coal reacted L to q New York Central in
creased its rise of M. Pressed Steel Car pre-
ferred, General Electric and Cleveland, Gin
cinnati. Chicago & St: Louis improved point
or. over and Reading advanced a fraction
Ice preferred rallied three points and Cotton
Oil, North American. Pacific Coast and Vir-
ginia-Carolna Chemical gained 2 to 3 points
When the eastern railroads reacted support
| was accorded the Gould group and the market
steadied and became quiet "a =; .& =:
Bonds were irregular. s5"a,s. - -
| Prices worked lower all around, reactions
running from large fraction to 2R. Losses
were established Of l to q in Sugar, Colorado
Fuel, Pacific Mail. St! Paul, :Pittsburg, Cleve-
| land, Chicago & St. Louis, Canada Southern
Iowa Central preferred and international
Paper. < =, < $3.50 =, r
The selling movement extended to stocks
which had previously been firmly held, not
ably United States Steel, Reading, Pennsyl-
vania, New York Central and Southern Rail-
way Missouri Pacific advanced to 10, but
with slight effect on the market. Lacka-
wanna rose and General Electric IN. Tbs
market was sagging allffaround again at 2
o'clock, a. number of stocks touching the
lowest of the day ts.g - q.
4 With the evidence Of support in Sugar hte
shorts ran to cover, causing rebound or
points!> The bears covered. elsewhere and
rallied the whole market Rubber Goods lost
a. point and rallied 1sa. Virginia Carolina
Chemical reacted and the preferred rose as
much. Cleveland Columbus Cincinnati &
St. Louis reacted 2K. Missouri Pacific was
pushed up in the final dealings to 1105s, and
Amalgamated Copper 2rose nearly point
The recovery reached a. point in St, Pau
and ~ in Colorado Fuel, but was fractional
elsewhere. The closing was quite active and
steady. .s115 + 80 sA%s5 / =,
Stock quotations reported for The Journa
by Watson & Co.. Chamter OF Commerce
= a e,;,,.ssa . re- 1,y7S4$1 s9:ss tse=@