The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-14
WHEAT FELL BACK AGAIN. MAY CLOSING 74ScSTOCS ON DROOP
Only Few Exceptions to Down.
ward Tendency.
GREAT NORTHERN LOSES 2 POINTS
Northsestern Railroads Rise in the
Last HOur-DulI and Heavy
Closing.

New York, Feb 4.--With only few ex-
ceptlons prices tended downward uniform
traction In the opening dealings Colorado
q southern was under special pressure, $500
shares selling wide at 1875 down to Is, COM
pared with 1871 last night. Baltimore &
ONO, selling with the semi-annual dividend
or, rose Us over last night and the Wabash
STOCKS were UP fraction. The stocks which
were the weakest at the opening recovered
somewhat, but their rally was Offset by de-
preston at new points. This turned the
entire list downward again and new losses
occurred of points in Colorado g. Southern
hrst preferred and 1 to IA in the second
preferred. Iowa, Central common and pre-
ferred, Great Northern preferred, Wheeling Il
Lake Erie first preferred, Amalgamated Cop
per, American Smelling and Brooklyn Tran
slt Baltimore & Ohio lost its gain and there
We're freer offerings of the Readings, gran
gers and Pacifics. Glucose lost ~. Buying
to cover coupled with bidding up of some OF
the Southwesterns improved the tone later.
but the market was feverish. Texas Land
Trust rose ~ and Tennessee Coal point.
/ Trading was dull and featureless until a
demand for Manhattan and other prominent
speclaltles revived interest slightly in the
general market. The prices of the railroad
stocks, however, did not vary. much from the
lowest. Manhattan advanced 1ss from the
lowest, and Metropolitan Street Railway,
preferred, Glucose and the Colorado South
ern stocks about point. Bag preferred
gained point. Renewed selling of Anal
gamated at noon put it under 6S to the low
est and there were losses of 2 to 2A in
northwestern and Glucose preferred and a
point each TOR Consolidated Gas and Kansas
& Southern, which checked the hardening
tendency elsewhere.
The market rallied quite vigorously on a
report that the collection of the tax on call
loans was to be further considered. Sugar
ana Manhattan rose a point or more above
last night and a majority of active stocks
traction. Pennsylvania. Southern Pacific
and st. Paul were conspicuous in the rally.
The market became quiet and easier again.
Bull operators bought the stocks offered on
the decline and bid for more, causing ami
mated and substantial rally. Baltimore &
Ohio, Sugar, Southern preferred, Rock Island
and southern Pacific were the most wanted
and sold from 1 to 2 above yesterday IS
close, with Sugar leading. Complete recov-
cries were made by all Of the Colorado &
Southern stocks and the common and pre-
ferred had good fractional net gains. Anal
gamated became cratic on narrow range
and there was less demand for the trac-
tons.
Brooklyn Transit spurted to IL over last
night. Chicago Great Western debentures
1R, Burlington, Cedar Rapids & Northern 6
and Chicago Great Western, the preferred A
and B, Chicago Indianapolis G Louisville
preferred, Coloradosta Southern preferred and
Delaware & Hudson rose 1@11a over last
night Prices generally went somewhat high
Ell and then reacted. Brooklyn Transit, Met
ropolitan Street Railway and New York Cen
trail fer back 1@1ss. The closing was dull
and rather heavy.
Bonds were irregular.
Stock quotations reported for The Journal
by Watson Co.. Chamber OF Commerce,
Minneapolis
Closing figures are bid. '.... 20. -