The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-09
A SP0IIYs MARKET
The Earlier Tendency, Seemed to
Be Downward.
BUT. THERE WERE EXCEPTIONS
Louisville and st. Paul stocks
Were Quite Heavy This
Morning.

New York, May 9.--There were large open
ing dealings in few stocks, but the general
list was rather duh and irregular. A sale
of 2OG0 shares OF Union Pacific was made
at 1861 to 1861, compared with 104A last
night. There were gains of to 2 points in
Pittsburg, Cincinnati. Chicago & st. Louis
St. Paul, Delaware g. Hudson, New York.
Chicago & ST. Louis second preferred, and
Metropolitan Street Railway. New York Air
Brake rose 3. Northwestern dropped IN,
and there were other fractional declines. Tue
Coalers were firm. II
/ Price movements became more Irregular
and the fluctuations We're wider. Louisville
and ST.. Paul were quite heavy, the latter
losing its rise. The Coalers held firm while
the Pacifcs and fractions were feverish.
Amalgamated gained lss and International
Power points; Northwestern lost 2A and
partly recovered.
Prices declined quite sharply in spots on
very small offerings. The general tendency
was downward, but there were a few con-
spicuous exceptions Louisville, Tennessee
Coal, Chicago Great Western, Illinois Cen
trail and Kansas City Southern declined
point below yesterdays closing, while>FSt.
Paul. Delaware & Hudson, Manhattan. Col
orado Fuel and ST., Louis & San Francisco
fell a point or more from the best. Pittsburg,
Cincinnati, Chicago & st. Louis preferred
advanced 6 points on one transaction,
United States Express improved 2k, and Pa
cfc Coast second preferred, Lake Erie &
Western, Colorado G. @Southern second pre-
ferred, and American Snuff, 1 each Louis
vile made a. full recovery later and there
was. a sharp rally la Delaware, & Hudson,
and the general market1steadied all around.
Bonds were easier. = g y
Chicago Great Western, the Wisconsin Cen
trail stocks and Des oMines & Fort Dodge
rose a point, and Delaware & Hudson was
lifted ~ to the best Of the morning. Chi
cago & Eastern Illinois fell 4, Northwestern
extended its decline to 3a; General Electric
lost and Canadian Pacific and Iowa Cen
trail preferred point The general ma, ct
was very dull and sluggish. Delaware &
Hudson moved up 5h to 1874 before profit
taking had any effect. The decline to 1Sa
| brought new buying orders and it rose again
to 1s41s. Wheeling 6 Lake Erie stocks
showed some activity and were point bet
ter, but Louisville, St. Lawrence & Adrion-
dack and Nashville, Chattanooga & st. Louis
yielded 1917. Other stocks were lfeless and
the market virtually at standstill
Except Of a rise of a point in Western
Union and of IL in Fort Worth & Denver
City stamped, the market was reactionary
and very dull. Delaware & Hudson receded
! 2M. Tennessee Coal, New York Air Brake
Pacific Coast and Detroit Southern pre-
ferred fell 2 under last night; General Elec.
trio and Westinghouse Electric, 3, and st
Paul, Erie first preferred and St. Louis &
| San Francisco a point or more. There were
reactions of a point from the best in Chicago
| Great Western, Des* Moines & Fort Dodge
| Amalgamated, North American, metropolitan
! Street Railway and Snuff. The. market con
| tinucd intensely dull and, Closed steady.
Stock quotations reported for The Journa
| by Watson & Co., brokers, Chamber of Com.
| merce, Minneapolis: y - e,s.q. ~
Closing figures are bid. .,