The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-04-01
500 up And DOWN
Rises Two Points Early and Loses
Them Before Noon.s 1
GENERAL MOVEMENT sPIRITLEss
$500" Has a Bad slump Later anu
the Close Is Easy and
Active. t,5

& New York, April The movement Of
prices was scarcely appreciable in the OPEN
Ing dealings in stocks to-day but the general
tendency was hardening. Some specialties
moved widely. Colorado Fuel rose abruptly
7 1s and North Western preferred rose point
but Immediately reacted TX. United States
Rubber preferred lost ~.
me market became semi-stagnant. A, few
STOCKS were marked strongly upward, but
the general movement was spiritless and
without significance. 500 advanced points
and Hooking Valley common and preferred,
Pacihc Coast. New York Dock preferred, Dis
filling preferred and Leather preferred 10
~. st. Paul & Omaha preferred, Cleveland,
G., c.: & st. Louis, Pittsburg c., C.. & St.
Louis and General Electric declined from i
to z, while Northwestern preferred rallied
| to above yesterdays close. Railway Steel
Spring stocks were dealt In for the first time
| at 241a@25 and sOR@IslM for the common and
preferred respectively Colorado Fuel met
realizing sales after it crossed 105, but its
relapse had 10 effect on other stocks. Anal
| gamated Copper came into demand toward II
O'Clock and rose more than point.
Peoples Gas was lifted point and United
States Steel preferred showed strength, but
these movements were Offset by free selling
OF Sugar and weakness in Colorado Fuel and
Amalgamated Copper. Sugar lost 1A and
Colorado Fuel sold as much below the best.
But little. remained of Amalgamateds previ-
GUS gain and many road stocks fell below
last night. transactions in railroads were
infrequent and they moved to less extent
than the specalties Other declines Of note
included 2 in 500, with rally, and in In
| ternational Pump and North American. Colo
RADIO Fuel preferred gained 2 and Cotton on
! 1. By noon the market was quiet ana some
what steadier in tone, A1nalgamated recov-
ering to 64B and then, yielding.
| There was some selling of the Readings and
Eries, and Missouri Pacific, Manhattan and
| Rock Island yielded point. Some inactive
| stocks gave way sharply Minneapolis 81 st.
Louis, keokuk & Des Moines and Railway
Steel Spring preferred declining lA@l1a,
United States Leather preferred and Dock
preferred about 2, and United States Leather,
Wisconsin Central preferred q point The
activity in the specialties moderated and
showed little improvement.
There was selling of the stocks of the local
municipal corporations on account of "a Judi
cial affirmation Of the constitut ionality Of the
New York franchise tax. Metropolitan Street
Railway yielded ga and Manhattan, Brook
| lyn Transit and Consolidated Gas a1@11s
! $500" preferred dropped Az The offerings OF
| railroad stocks were small, but they dropped
In some cases we'll below last night. Excep-
tons were Evansville Terre Haute, which
]
\ ferred and Rutland preferred. which rose a
I point each.
! Prices drifted downward during the final
hour, except Amalgamated, which touched
! 65ss. Wells-Fargo also advanced ~ Colorado
| Fuel fell below last night, and Sugar ran of
to below 1872. American Car lost 2, points on
reported decrease in net earnings, and Ameri.
can Gable fell 17s. Pullman dropped g. Ad-
| ditional losses ran to a point or more in Col
orado & Southern, North Western, READING
| and the second preferred, Delaware & Hud-
son, Chicago, Indianapolis & Louisville pre-
ferred and Tennessee Coal. Prices steadied
temporarily on covering by room shorts, but
the closing was easy and quite active !. (!
| Bonds were dull and steady. Yesterdays
active speculation in low grade issues was not
1 resumed. -,
Stock quotations reported for The Journal
by Watson & Cos Chamber of Commerce
| Minneapolis " e &S i,s}s g .-.s5@55$S y
| CLOSING 6gureS2 ard bid q - t"-+s q