The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-22
GRASS TWINE RISES.
One Feature Of the Opening Hours
IN Wall Street.
MARKET SHOWS UNEAs1NEss
Last Hour Witnesses the Lowest
Level of Prices-Weal< and
Active Close.

New York, April GA wide opening in
Reading, of which 10000 shares sold at. e6a
to 661a, compared with ssa last night, marked
the continuance of the speculative campaign
in that stock. The price sagged below last |
night There was renewed selling of the
Changers and Pacfcs on the continued
drought in the southwest, but some support
was offered Southern Pacific and Missouri
Pacific. American Grass Twine rose 8 points
and International Power IL.
The market showed yesterdays unevenness
and heaviness in spots. st. Paul, Union Pa
cific, Southern Pacific, New York Central.
Atchison, St. Louis 4 San francisco and
Texas & Pacific were a point off, and other
important stocks lost large fractions. Cleye-
land Cincinnati, Chicago & St. Louis and
Smelling fell 1!k61A and Sugar broke IA to
1851 and then rebounded to 121A.. Amalga
mated rose from 64a to 65A, Manhattan from
1875 to 1881, and the Readings made net
gains of IL to ~ with the. first preferred
leading. The Fries later Joined the advance,
the common touching A. Nashville, Chatta
nooga & st. Louis rose lbs to 49,. New York
Air Brake and American Snuff fell 2@21a.
Keokuk & Des Moines preferred sold at 80,
compared with IS at the last sale year age.
The market became frmer IN tone, but still.
| showed irregularity on realizing. Reading
common, Manhattan and Sugar reacted 4
point, and Nashville, Chattanooga & st. Louis
after touching 122 gave way 7. North West
ern and Chicago Terminal Transfer preferred
sold 115 under yesterdays close. The adj
vance in the Fries reached 1@1as and other
hard and soft coalers were lifted. Chesa
peake & Ohio, Norfolk E. Western, Ontario
& Western, Delaware & Hudson, Baltimore
& Ohio, Pittsburg, Cleveland, Chicago & st.
St. Louis and Pennsylvania rose a point or
| more and the Detroit Southern stocks i'm
proved 2A each. Sugar was lifted a point
over last night and Amalgamated touched 66.
Louisville and International Power increased
their gains to and 32s respectively. Long
Island jumped TX and Manhattan Beach 3A.
A rally to above 10 in st. Paul helped the
Pacfics and southwesterns slightly. Toledo,
st. Louis & Western preferred gained point.
Southern Railway was lifted to 375s, and St.
1 Paul and Union Pacific recovered to shade
above last night, but realizing checked the
advance. Reading reacted 1ss to below last
night, and Manhattan fell more than point
under last night. Long Island reacted Az
Keokuk & Des Moines advanced 81, Cotton
OIL l, and Virginia. Carolina Chemical 15s.
Nashville, Chattanooga & st. Louis rallied
AZ. International Power gains were in
creased to over points. The market became
dull and steady. .saS
Atchison worked up to 81. but the market
fell abruptly later on large dealings. Some of
the leading specialties, including Manhattan,
Colorado Fuel and Sugar, declined to the low
est of the day. The grangers and! Pacifcs
were also offered freely and reached a lower
level than during the forenoon. Trading was
very active on the break and the gains were
mostly wiped out. Reading dropped to 65A
and Manhattan to 1857. National Lead pre-
ferred rose 2. ".-S>
There WAS some buying Of Reading at the
decline, which caused a rally Of a point.
Southern Railway rose to near the best. and
Amalgamated Coroer touched $685. Wells
Fargo jumped and New York, New Haven &
Hartford 6. Selling met th91 advance again.
General Electric dropped 3M and United States
Express g.. Sugar broke to 1928 and the mar
ket generally returned to lower level than
before The closing was active and weak. 81
The bond market was irregular. -.
Stock quotations reported for The Journal
by Watson S! & Co, brokers ea1aber Of Com
Closing figures are bid is 20. ats