The Minneapolis journal., 1902-08-26
TRADE ID IN BLOCKS B
Large Opening Transactions in
Stocks in Which Some Wide
Quotations Are Made.
The Market Makes Quick and Sur
" prising Advances and as Sudden
- and Rapid Recessions.

r New York, Aug. 26.-There were large open.
ing transactions In the speculative favorites, in
which quotations for several were wide. Eight
thousand shares of Chesapeake 8, Ohio sold
at 5eja @56B. compared with 561s last night,
and 4,O00 shares of Union Pacific sold at 1l2A
and 112A, compared with 112 last night Balt1-
more more & Ohio Pennsylvania: Erie first preferred;
Minneapolis ST. Paul, & Sault Ste. Marie and
tennessee Coal rose a. point or more, and Colo
RADIO Fuel made violent advance of 2h points.
Southern Pacific reflected realizing with frac-
tlona! decline, and a few other stocks Gagged
sligh tly. ,sa''::
Profits were sought quickly. in Baltimore &
Ohio and Colorado Fuel, and they relapsed about
point each. Heavy buying was going on mean
while in Atchison, Texas & Pacific and Union
Pacific, the first named rising near points and
the others over point At other points the
p.c and lod n
under last night, with continued realizing
Lackawanna advanced 4 points Active stocks
were very irregular. Illinois Central fell of
about point, while Baltimore & Ohio rallied and
St: Paul and Reading rose point
Renewed buying of Atchison carried it tc
southwesterns with rise Of .1A. Kansas 8
Texas preferred jumped 3. points. The upward
movement was still without consistency, earlier
strong stocks dropping back. while these new
American Express and United States Express
rose 2@2A, New Jersey Central 2H and Pullman
a point. General Electric reacted ~ and Pa
cihc Coast second preferred, international Silver
preferred and New York Air Brake lost 1@1h
Prices continued to move very unevenly. Spec
ulat1ve interest shifted rapidly here and there
Erie. Reading second preferred. Illinois Central
and Kansas g. Texas preferred were bid ur
a point eneral Electric hves, Buffalo, Rochester
& Pittsburg 3, Pacific coast. 25s and Anaconda @
Considerable of the rise in early strong features
was wiped out notably in Union Pacific anG
Baltimore & Ohio, the, latter falling n under
yesterdays closing. st. Louis Southwestern
preferred. North American and Bicycle pre-
ferred declined between | and 2 points.
drop In Western Union to figure point
below yesterdays close Influenced scattered sell
ing of other active stocks Baltimore & Ohio
however, resisted the drift successfully and or
purchases of large blocks running up to 5000
shares, touched 115% again-the opening price
Rock Island declined a point and some obscure
stocks were heavy. United States Express eX
tended Its rise to points and the Duluth
South Shore & Atlantic and Rubber Goods
stocks improved 1 to 2A.
After Illinois Central had risen ~ the profit
taking affected the whole list and the average
level Of prices fell we'll below last night. The
declines from last night ranged from 1 to 2 il
Louisville, Rock Island, Western Union, South
ern Pacific, st. Paul, Norfolk & Western ant
some other prominent stocks st. Louis South
western preferred lost 2&, Northwestern 2H
and Chicago & Eastern Illinois broke TX
Union Pacific and Baltimore & Ohio yielded t
we'll below last night and Atchison reacted
some rallies on short coverings, but the clos
ing generally heavy.
Stock quotations reported for The Journal By
Watson s. Co., brokers', Chamber of Comerce
Minneapolis - -: 49,
Closino foures oro hid