The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-16
A Juror IN STOCKS
Excited Opening With Southern
Railway Most Prominent.
FEvER1sH RE1GNs IN L. 8 N.
wisconsin Central Rise. 5 Points
Active and Irregular
Closing.

New York, April 16.-There was an excited
opening in the stock market to- day, num-
Der of stocks opening wide on simultaneous
sales OF several thousand shares Southern
Railway opened at. 3S1a to 3SA with $4,000
shares changing hands. Last nights price
was 37B The first sales of $500 shares Of St.
Paul were at 1711a and IT'S, compared with
1921 last night. A sale of 1900 shares OF
Colorado Fuel was made at 1OO1s to 1OS and
afterwards the stock ran UP to los, compared
with 991a last night. The opening in Louis
Vile was very feverish the stock opening I'M
changed, falling point and then ralying
quickly to point over last night Interna-
tional Power jumped as and there were
gains of a point or more in Baltimore & Ohio,
Canada Southern, Chicago, indianapolis 4
Louisville and Sugar. Amalgamated Copper
sold at 651x to IS on the transfer of $500
shares compared with 66A last night. Ana
cOnda dropped 212 on Introduction in the
dividend. Southern Railway fell off after
the opening to- last nights level and the
market continued very active and feverish.
The demand for stocks was very active
and varied. but it was steadily fed by sales
to take profits by yesterdays buyers Stocks
which had opened materially higher were
carried down under this pressure. Southern
Railway reacted to 81 with long strings OF
transactions in 1000 to 5000 share lots. Colo
RADIO Fuel fell back 81 and ST. Paul, Sugar
and some of the other active stocks a point
or more Amalgamated Copper fell ~ but
met support and rallied 49, as did Anaconda
after a decline of points. Additional
stocks rose a point or over in the opening
dealings; but all gave way to realizing Cleve-
land, Lorain & Wheeling preferred rose IN
on single sale. When Southern Railway
rallied 1T met large selling again, but Chesa-
peake & Ohio and Norfolk & Western took
up the advance the former rising ~ and
the market became firm again.
Losses of from to 81 We're made by Gen
eral Electric, United States Rubber and
Northwestern before their general decline was
checked by the rally in che coalers. This
group sold higher than before and infused
momentary strength to the railroad list. The
western stocks became reactionary later de-
spite large advances in some of the union
Vanderbilts. Canada Southern advanced 45s,
Cleveland, Cincinnati, Chicago & St. Louis
2T and New York, Chicago & St. Louis COM
mon and second preferred 115@21a. American
Locomotive rose above 81 on large calling
and there was sharp reaction in Colorado
| Fuel.
The market was spotty and irregular, but
inclined to droop aAtchison, the Wisconsin
Central stocks, Chicago Terminal stocks, Iowa
Central preferred, Evansville & Terre Haute
and North American rose point or more
/ and international Power rose an extreme 11B
and New York Air Brake 2B. Other stocks
which had shown marked strength were dull
! and heavy. rs 5sEu.-c sr -
The demand for the Wisconsin Central
stocks became urgentst lifting them over
! points each. Evansville & Terre Haute rose
8 and. Chicago. Great Western and Colorado
& Southern over point Sugar made a late
gain of IA and International Powers rise ex-
tended, to 1885, Realizing was active at other
! points which held prices back. number q
the important stocks were below last nigh,
Louisville falling IA The closing was &C.
tive and irregular.
! Bonds were steady.
Stock quotations reported for The Journa
| by Watson 4 Co., brokers, Chamber of Com
! merce, Minneapolis:
! Closing figures are bid.