The Minneapolis journal., 1902-08-20
BROAD And ACTIVE.
Stock Market Tide Runs Grandly
at the Opening.
COLORADO FUEL DROPS EIGHT
Realizing rUnsettles Values and the
Market BECOMES Ir-
,s..tue regular. -r

New York, Aug. 20.-Louisville made an
opening jump Of III to-day and Nashville,
Chattanooga & st. Louis rose 1A There
were gains Of large fraction to point
in Minneapolis. St. Paul & Sault Ste. Ma
rie preferred, Canadian Pacific, Wisconsin
Central, Norfolk & Western and Western
Union. In the majority Of stocks there
were gains Of a small fraction. The mar
ket was broad and active
Some of the active stocks made further
fractional gains before the market reacted
IN sympathy with realizing ir Louisville
and heavy. liquidation in Colorado Fuel.
Declines from the best ran from l to ~
in Louisville, Wisconsin Central pre-
ferred and Chicago Terminal Transfer
preferred. Colorado Fuel made an abrupt
break of 81, to S0A, and became very
feverish. about the lowest. Nashville,
chattanooga & st: Louis rose 3B, St.
Joseph & Grand Island first preferred and
United States Express fell 1% and Great
Northern preferred, Kansas City South
ern, the Denver e Rio Grande and Colo
RADIO Southern and a. number Of less i'm
portant stocks point or more. st. Paul,
New York Central, advanced about point
before IL o'clock, and the market became
irregular.
Prices moxed up strongly in spots, ap-
parcntly because Of J. P. Morgan's return
to the street. The southwestern group
made the best showing, led by Texas G.
Pacific and Denver & Rio Grande, which
advanced IN and 2h respectively. Van
derbilt and Morgan stocks responded mod
erately, with North Western exceptional
ly gaining 31a. Various other stocks
reached notably high level, Great
Northern preferred and International Sill
YER improving points and number of
other less active stocks 1@2 points. Tole-
do St. Louis & Western declined 1h.
Colorado Fuel rallied 3% from the low
est. Northern Securities was active on
the curb at an advance Of over points.
Bonds were firm -
With but few exceptions the course
or prices were downward but offerings
were small and had but little effect on
prices. Southern Pacific, United States,
Steel, Pressed Steel Car and Tennessee
Coal were ted to higher. level and
Toledo & Western rallied 21a. Evans
Vile & Terre Haute made it's gain 31a and
there was effective biding up of other
usually neglected stocks. BY / o'clock
the market was hardening again but re-
mained very dull.
p. m.-Tennessee Coal extended it's
rise to ~; Pressed Steel Car, 2h, the
preferred 1ss; and other steel stocks a
large fraction. Denver & Rio Grande rose
about 4 and the preferred g. Canadian
way a point. Missouri. Pacific and ST.
Louis Southwestern preferred sagged a
point or over, and there were reactions
elsewhere.
There was belated rise Of about a
point in Peoples Gas and Twin City RAPID
Transit and International Silver
preferred jumped 5. But sell
ing to realizeH was in order
and the principal active stocks reacted a
point or more. Wisconsin Central pre-
ferred fell, back ara Nashville, Chatta-
nooga & st. Louis IN. Here and there
prices were shaded Ito below last nights
level. Shorts covered at the decline. Den
YER Rio, Grande rose to So. Western
Union came into active demand again
end Republic Steel gained a point. Real
izing elsewhere was renewed. The clos.
ing was active and irregular.
Stock quotations reported for The Journa
by Watson G. Co., brokers' Chamber Of Com
merce, Minneapolis: :.
Closing figures are bid: j..