The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-11
ALONDONsIIMULANIl'
Wall Street Prices Boosted Under
It's Influence.
THEN THEY FALL BACK, AS USUAL
Pacific in Demand and 500
Higher-Active nnd Firm
Closing.

New York, April 1.-THE stock market was
somewhat stimulated by the strength sofe the
London market and prices as rule advanced,
the gains reaching point in Missouri PACT
nc and Rubber Goods 11a in St. Louis South
" estern preferred and 9 points in Westing-
house Electric. A block OF 1000 shares Of
Louisville sold unchanged from last night,
followed by another block of 5000 shares at
the same price. The stock then receded frac-.
tionally. Erie second preferred, Northwest
ern preferred and Tennessee Coal fell nearly
a point.
Louisville rose to 118A and then declined
points, dragging down the entire market
Other stocks. however, moved narrowly ex-
cept for the cancelIing Of Missouri Pacific's
, rise and decline to 166 in st. Paul. The
market then became very feyersh, traders
reducing commitments owing to confusing
fluctuations. St. Paul shot up ~, Sugar 49,
Amalgamated rose to above 66 and Louisville
got back to 119. Chicago, indianapolis &
Louisville dropped 2ss, Cleveland, C. c. & st.
Louis, 500, North American and Detroit
Southern preferred gained over point and
Biscuit preferred lost /.
The dealings expanded in the second. hour
, end there was rise to the best IN the
usual leaders net gains ran from to 21s, and
included Amalgamated, Sugar, B. & O., st.
Paul, Rock Island, Missouri Pacific, Union
Pacific, Reading and Southern railway pre-
ferred. The specialties also made substantial
progress upwards, Chicago & Eastern Illinois,
the Chicago Terminal Transfer stocks, Chi
cago Union Traction, General Electric, West
inghouse Electric, International Power Mexi-
can Central, Wisconsin Central preferred, the
Duluth South Shore & Atlantic stocks, Cotton
OH Railway Steel Spring pfd., and Keokuk &
Des Moines pfd. rising from to points. St.
Paul & Omaha dropped 10 points on one
transaction Evansville, Terre Haute
lost ~ and Chicago, indianapolis & Louisville
81 in all. Louisyillec ontinued most active,
but as often as 1t crossed yesterdays record
price, the other active stocks sold off. When
Louisville rose to 1922 the general market re-
acted again and became dull
The market was dull and inclined to sag
Louisville fell back to 11sA. Chicago, In
dianapolis & Louisville made an extreme loss
Of five on it's declaration of per cent dividend
with a rally OF s. and Erie second preferred
fell two Linseed, Railroad Steel Spring pre-
ferred and Chicago, Indianapolis & Louisville
preferred lost a point each, and the United
States Steel stocks we're Y under last night
North American rose and Buffalo, Rochester
& Pittsburg a point. Metropolitan Street
Railway subscription rights, sold at s com
pared with 9 last night.
When Louisville got back to 1885 there was
some show of strength again In the general
market. Amalgamated rose briskly nearly 8
points and Anaconda Az in sympathy. North
American gained 81, Michigan Central 31s,
Cotton Oil PA, International Power "a and
Wheeling & Lake Erie second preferred, Hook
ing Valley, Baltimore Ohio, 500, Mexican
Central Tennessee Coal, New York, New
Haven & Hartford, Continental Tobacco pre-
ferred and Cotton Oil preferred 1 to g Rock
Island fell 21a, Westinghouse Electric 2A and
Hooking Valley preferred II. When Louis
vile ran up to 1904 again the movement
! halted elsewhere, but the market hardened
again when Louisville reacted. The closing
! active and firm.
Bonds were strong. The: Central of Georgia
| incomes bonds rose ~ to SA.
| by Watson & Co., brokers' Chamber OF Com
merce, Minneapolis 49, sos
Closing figures are bid.