The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-17
LINSEED IS Bullying
Large Transactions Therein a Wall
Street Feature.
COPPER LOSES EARLY STRENGTH
Rally In Amalgamated Checks Sell
tng-CIOse Dull and About
Steady.

New York, March 1.-THE principal deal
lngs at the opening Of the stock market to-
day were In the specialties. Large transac-
tons We're recorded in Amalgamated Copper,
Manhattan, Consolidated Gas and Linseed.
Amalgamated, after fractional advance
dropped sharply. The others advanced. Colo
RADIO & Southern second preferred rose IL
and Northwestern IL. Fractional gains were
the rule in the general list.
Manhattan, Brooklyn, Union Gas and Con-
solldatcd Gas rose 1902 and Brooklyn Transit
q large fraction. American Ice fell 2R and
the preferred IL. Generally speaking, there
was more business in the specialties than in
the railroads, and the latter were not infu-
enced by the fluctuations of the former. Anal
gan1ated was not well supported and declined
21a below Saturdays close. New Haven lost
2. General Electric advanced "a, Westing-
house Electric 4, Continental Tobacco pre-
ferred 81, 500 preferred SIS and Pacific Mail.
Sugar, Delaware & Hudson and Rutland pre-
ferred a point.
The market was very spotty, vigorous bid
ding up of special stocks being utilized to
take profits in others. Rock Island, Republic
Steel preferred, Twin City Rapid Transit,
La Clede Gas, Consolidated Gas and 500 pre-
ferred declined from / to Pc. Meanwhile
American Linseed common and preferred, Ma
tional Biscuit, North American, Peoples Gas.
Third Avenue, St. Louis & San Francisco,
Atchison, Missouri Pacific, Reading second
preferred, Baltimore & Ohio, the Toledo, St.
Louis & Western stocks, st. Paul & Omaha,
Wabash preferred and Rutland preferred rose
from to points. The strength OF the mar
ket was quite general at noon.
The demand died out during the noon hour
and there was some reaction, Amalgamated
dropping back to the lowest General Elec-
trio made an extreme rise OF So and there
was advances OF l to IL in ST. Joseph q
Grand Island preferred, st. Louis San
Francisco first and second preferred, Chesa-
peake Ohio, Chicago Terminal preferred,
National Biscuit preferred and the 1nterna-
tional Paper stocks. The local traction stocks
rose to top prices again later.
Special stocks moved upward but the gen.
eral market was lower, depressed by the
selling of Analgamated. The price went be-
low g., and some of the Steel stocks also
in all and. Consolidated Gas 81. National
Lead stocks, Sugar and New York, Chicago
& st. Louis second preferred gained LOLA.
When room traders took their profits prices
receded all around and many stocks were
shaded to below Saturdays close. Ama.ga-
mated Copper touched G1A, and Rock Island,
Great Northern preferred, Virginia California
Chemical and Colorado 6 Southern first pre-
ferred fell a point or more below Saturday.
LackaWanna rose S1$. Renewed strength OF
Sugar and a rally OF a point ia Amalgamated
Copper checked the selling. The closing was
dull and about steady.
Bonds were steady. There were heavy deal
ings in Wabash debenture BIS. ...r g..
Stock quotations reported for The Journal
by Watson & Co., Chamber OF Commerce,
Minneapolis. s.-...
Closing figures are bid