The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-14

This Reaches a Record Price and
Other Stocks Rise.
500 AND CANADIAN PACIFIC UP
General Market strengthened by
Buoyancy of N. w. stocks
j <Feverish, Irregular Close.

New York, April 14-To-days stock mar
ket opened strong and active and there was
a very heavy demand for number OF STOCKS.
Louisville opened with sales Of 5000 shares
at 12014 to 1914, compared with 119& on Sat
urday. There were blocks of $500 to 6,0oO
shares each Of Southern Railway, Union "a
ciflc, Baltimore G. Ohio and American Loco
motive fractional advances. Canadian "a
cific and International Power rose l1a and
Illinois Central point. Metropolitan stree!
Railway was sharply depressed to the ex-
tent of point. Analgamated copper oe-
clined large fraction Otherwise all stocks
were higher.
A rise to 1929 in Louisville made record
price for that stock. Elsewhere there wer-
many important gains and considerable pus
ing of low priced specialtles chicago q
Eastern Illinois opened points higher with
a reaction of over 2 and Canadian Pacihc
and International Power increased their gains
to 2A EACH Fort Worth Il Denver City
stamped rose 2B and Des Moines & Fort
Dodge 8. Chicago, Indianapolis & Louisville,
St. Louis Southwestern preferred, Toledo, ST..
Louis & Western and the United States Rup-
Der stocks Wisconsin Central, 500, Westlne-
| house Electric and Bicycle preferred rose L
to Q. Near II O'Clock some large orders ap-
peared for Southern Pacific and Union Pa
cific and they advanced point with some
! effect on other transcontinental stocks.
and developed new points OF strength. Stocks
| which made notable progress included Atchl-
| son. Northwestern common and PREFERRED
| Locomotive preferred Chicago Great western
B. Denver & Rio Grande, the Hooking valley
stocks, New York Central, Michigan Central
| Norfolk & Western, the St. Louis Southwest
ern stocks, Missouri Pacific, Texas & Pac1ncs,
the Kansas City Southern stocks. Detroit
Southern and Virginia, Carolina Chemical I'M
proved between and points. illinois Cen
|Etral was unusually active and crossed l4o.
Professionals took profits under cover OF
these strong stocks later in Locomotive, IN
ternatonal Power, Canadian Paclhc ana
Louisville. Anaconda fell and Amalgamateo
rose to CT. Louisville's rebound to 125 caused
uneasiness and the market sold OIL MISSOURI
Pacific relapsed to below Saturday.
When Louisville ran off below 124 again
, the market steadied but was dull. American
Snuff jumped points. International Powe'
rose 51k in all. There were advances OF tt
in St. Louis & San Francisco, Chicago &
, Alton, Keokuk & Des Moines, Evansville q
Terre Haute preferred, Pacific Mail, Tennes
see Coal and Western Union, while Mime
! apolis &, St. Louis lost nearly point
The buying movement was renewed on
large scale in Locomotive and the stock ad
vanced to above 81. international PoWe
made a gain of Z. The Colorado & Southern
2 stocks were then pushed up sharply an
+, there was a jump OF IN NORTHWESTERN al
z in the preferred. St. Paul preferred al
:. yanced w and St. Paul and Omaha preferre
; O. New York Dock lost while the preferre
gained 8. Evansville & Terre Haute gained
point Prices of the active railroads wer
slightly higher but the demand was sma
}. and the market showed a disposition to go O
); again when Louisville rallied to 1851.
:. The extraordinary buoyancy Of the NORTH
> western stocks spread to other grangers an
STRENGTHENED the general market agall
> Northwestern rose 10 in ALL the preferred
St. Paul "a, the preferred 3, st. Paul an
Omaha TO- Evansville & Terre Haute DC
Moines & Fort Dodge 4, and Adams EXPIRES
H. The large decrease in net earnings
j. Missouri Pacific forced that stock point III
I; der Saturday and international Power II
G. acted 3, but rose again to 1191a. A vlole1
% advance in Louisville to 1873 checked tt
buying elsewhere and prices relapsed VIII
some violence. st. Paul fell back 24 Lou1
Vile S, and others from 1 to points. Mar
prominent stocks were thus carried belo
saturdays closing figures, some of the
I, showing net losses of point or more )
70 Paul and Louisville rebounded about y o
cd the selling elsewhere was continued ana T.
ly closing was feverish and irregular
ed Bonds were strong for the active specul
ag tive issues early but the Central OF Georg
70, issues subsequently lost more than their rls
he Sales are incomplete, and some OF the n!
u and low figures, omitted from me llst lo-u
u owing to wire trouble
T. Stock quotations reported for The Jourr
Us; by Watson & Co, brokers, ChaHDer VI WI
y !; | MERGE Minneapolis.
figures bid,