The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-27
RAPID TRANSIT up
Twin City Securities Have a Three
Point Advance.
COPPER ALSO ON UPWARD SCALE
Colorado Fuel Hit Hard, While Col
orado 81 Southern Is in.
Active Demand.

New York, March 27.-The market was
moderately active at the opening and very
irregular. The Coalers showed a firm tone,
Feading rising nearly a point. Amalgamated
Copper was in demand at an advance Of
large fraction and Iowa Central preferred
rose 2. the common stock also showing
strength. Colorado Fuel sold down from 107
to 1O6A on the transfer of 1900 shares, COM
pared with l07ss last night. The stock con-
tinued to recede afterwards
Special stocks moved feverishly particu-
larly Colorado Fuel, which showed loss
at one time of 23s, recovered half of 1t and
then. declined to the lowest again. The new
convertible IS were dealt in at a point lower
than yesterdays close on the curb. The gen
eral market showed heaviness despite 10
11s point rise In Anaconda and Amalgamateo.
Chicago, Indianapolis & Louisville and Evans
Wills & ,Terre Haute made similar gains but
did not hold and American Telegraph and
Gable advanced points. Profit-taking in the
Readings and ~ point drop in Brooklyn
Transit gave some encouragement to the
bears to scale down the railroad list. Gen
eral Electric fell 81 and Westinghouse Elec-
trio i. .-. r.
Large blocks of Colorado Fuel were un-
loaded driving the price down 35s to 1O2.
with @ subsequent rally Of tx. The convert
| ible bonds broke also, but held III higher
| than the stocks. Amalgamated Copper lost
a point of its rise and Missouri Pacific, Rock
Island, North America, Rutland preferred
and Corn Products preferred sold to points
under last night. General Electric ssgged to
| 31e Meanwhile an active demand for the
/ Colorado & Southern stocks lifted them to
| ~ with the second preferred the best
gamer Twin City Rapid Transit improved
3 Not much was done in other stocks Dut
| the tone was generally heavy outside or the
! Coalers. 81.
| Colorado Fuel touched 1885 on the rally.
Green Bay & Western jumped o1s on one
sale. The Keokuk & Des MONIES stocns ioss
| ah and 2A, Des Moines & Fort Dodge IA and
| Rutland preferred and Chicago, Indianapolis
8 Huntsville more than recovered their de-
clines. Evansville & Terre Haute fell to l1s
| under last night. The movement IN Tue gen
aral market was insignificant
| Stocks were bid up strongly on enlarseo
dealings under the lead Of the Readings, the
common stock rising nearly points. Inc
| Fries and Pennsylvania were active ana hrln
| in symDathy Earlier losses as rule were
! more than recovered and Sugar, ST. Paul,
| Northwestern, Great Northern preferred ana
| Lake Erie & Western showed one to two
| points over Yesterdays close. There was some
reaction before the end OF the hour. -...,.
Lackawanna rose 4, General Electric rallied
! 3la and there were advances OF l TO Z by
| Delaware & Hudson. Consolidated Gas, New
York Central Virginia-Carollna Chemlca
preferred, North American, ST. LOUIS o
Southwestern, Erie second preferred, MeAl'
can Central and Brooklyn Union Gas. There
were some recessions. United States Express
fell point. The absence of furry In Inc
money market produced covering by tns
shorts rise of 2as in Sugar steadleo the
market in the final dealings. The closing was
dull and steady.
| Ronds were irregular with an active re,
newal of yesterdays demand for Green Bay
| & Western debenture BIS, which lifted them
over points.
Stock quotations reported for The Journal
nv Watson & Co., Chamber OF Commerce
| Minneapolis.
| Closing figures are bid.