The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-15
ALL ROUND ADVANCE.
Weak Undertone Disappears From
Wall Street.
BUT THE USUAL DECLINE COMES
Llnseed and 500 Fall on and the
Closing Is Ir-
regular.

New YORK, April lo-Ine weak undertOne
which marked the closing Of the stock mar
ket last night was gone this morning and
prices advanced all around. The opening IN
Louisville was excited, $500 shares selling at
13Oh@13ila compared with 12S last night. The,
price afterwards fell back to 1870. Illinois
Central opened Ia higher and International
Power gained points. The fluctuations in
st. Paul were rather feverish, but narrow
Louisville gave way in an irregular de-
cline to 12sA, but showed a tendency to settle
at about 129 Southern Railway. after rising
to s4A. receded quarter. when enormous
buying orders appeared There were long
strings OF individual transactions running
from, 1,OGO to 5000 shares on the advance to-
37B The preferred rose to 9S1h. Internal
tional Power gained 612 Northwestern 8,
st. Paul and Omaha preferred 4, st. Paul Ia
Chicago, Indianapolis & Louisville 2k, Mis-
souri, Pacific and Uaion Pacific and a number
of less important stocks point or more. ILL.,
nois Central lost its gain, but recovered it.
The general market maintained a firm tone,
but was not notably active, or strong.
The market became very irregular on de-;
creased dealings Louisville fell to 1871 South
ern Railway stocks reacted. the preferred
losing i, and North Western g. Other proml-
nent stocks were advanced, St. Paul crossing
ITO and Atchison Southern Pacific, New York
Central, Brooklyn Transit and some special
ties showing considerable strength. Des,
Monies & Fort Dodge rose B. and Nashville
Chattanooga & st. Louis 2. International
Power got UP 10 points, to 129. Before noon.
Amaigamated was lifted g1ss over last night
but the grangers and Pacihcs eased OF and
then rallied again strongly. St. Paul touched
III and Southern Railway rose to 40. Louis
willie & Nashville rallied 2&.
The enormous demand for, Southern Railway
carried it up to 4o1, after which it fell back
to 3SN. The general market was affected In
sympathy. but did not move widely. Louis
vile fell back to 127A and st. Paul reacted
TX. On the advance Pennsylvania, ROCK
Island, Illinois Central, United States Ex-
press and Metropolitan Street Railway were
carried to over last night. Des Moines and
Fort Dodge advanced 5, Chicago & Eastern
Illinois dropped 2, and Chicago, Indianapolis
| & Louisville rose AZ.
The movement in Southern Railway having
quieted down the professionals directed their
attention to other leading stocks, principally
| St. Paul, which was marked up to l1les.
Baltimore & Ohio was taken up later and
reached 1881. The rise in Chicago, Indian
apolis & Louisville reached 6A and the pre-
ferred 2. Other stocks that made good gains
were the Kansas City Southern stocks, De-
| troit Southern and Delaware & Hudson.
Southern Railway was feverish around 80
and later sagged to 3SR, pulling Louisville
down to 1854. The general market was
feverish and showed indications of realizing
1 at many points under cover Of special move
ments. Manhattan fell i " from the highest,
American Telephone and Telegraph lost
-" points.
Texas & Pacific was lifted Ia, North est
4 ern 7, the preferred 4, and Colorado Fuel 3%
St. Paul also rallied to the top. But the tax
ing Of profits carried Southern. Railway bacl
to 37A and Louisville to 1854. Lnseed pre-
ferred lost 4 and New York, Chicago & st
Louis second preferred and Soc, preferred 2A
Z Rock Island fell a point below last night AM
i. St. Paul, North Western linois central
Chicago, Indianapolis & louisville. Texas
Pacific and AmaIgamate reacted y about
point or over. Some stocks showed "a ten
;, dency to rally, thlt the fai hire i'll souther
Railway to share III the tend ency prevente
4 it becoming generally effective. The elosin
was irregular. $issS ;35ssS -
: Bonds were irregular. ~
Z Stock quotations reported for The Journa
4 by Watson 4 Co., brokers', Chamber Of Com
merce, Minneapolis: I
!, Closing figures are bid. :sG5asas5