The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-18
FIRNER TONE in WHEAT AT THE CLOSE TODAYlCL
CLIMB IN STOCKS
This the Tendency, Though Anal
gamated Goes Down.
LATTER UP AGAIN UNDER SUPPORT
Followed by u Dull and IrreE-
ular Close.

New York, March lS.-Amalgamated Copper
started downwards again this morning, but
this did not interfere with the general tend
ency of stocks to advance. There were some
fairly large tal1ings in a number of instances.
The New York public utilities were in de-
nand Brooklyn Transit, Brooklyn Union
Gas and Consolidated Gas rising about a
point. All of them reacted on secondary deal
lngs. Pacifc Mail rose a large fraction on the
passage by the senate Of the shpsibsidy BILL
Railroad stocks were sluggish and did not
derive much immediate benefit from a rise Of
1A@l1a in Cleveland. Cincinnati Chicago &
st. Louis and New York Central. Consoli-
dated Gas and Pacific Mail, which had opened
with good gains, reacted below last night and
liquidation in Evansville 6 Terre Haute
stocks lowered them ~ to 2 points. Sugar
was under pressure, but Amalgamated Copper
was supported and got above g. Other pro-
nounced movements included advances of )
in American Tobacco preferred, in North
American, 2k in Continental Tobacco pre-
ferred 31a in General Electric and 1M1& in
New York., Chicago 6 st. Louis second pre-
ferredr Colorado Fuel American Bicycle pre-
ferred and American Mailing preferred.
Losses of a point each were made by st.
Joseph & Grand Island first preferred, and
Westinghouse Electric, but the latter re-
covered when General Electric advanced. To-
ward II O'Clock there was some demand for
the sentimental stocks under the lead OF
st. Paul. which crossed 165.
The market broadened out and became
stronger all around increased dealings.
Prominent stocks came into more general de-
mand. General Electric advanced and Colo
RADIO & Southern common and first preferred.
Lackawanna, Great Northern preferred, the
International Paper stocks, Lake Erie
Western, Canada Southern, ST. Louis q San
Francisco, Texas & Pacific, Tennessee Coal,
American Ice, National Biscuit and Rutland
preferred, St.. Joseph & Grand Island first
preferred and Evansville & Terre Haute about
recovered their previous losses. renewed
drive against Anaalgamated Copper lowered
it ~ to 61ss and the general market became
dull and reactonary. Declines from the best
we're mainly fractional, but reached points
in North American. Buffalo, Rochester
Pittsbury preferred sold 4 points below the
previous SALE T.. a-.a.a. ~
There were some erratic movements in the
specialties. North Americans rise reached
61a, Lackawanna 7, Rutland preferred ,5A
Pullman and Delaware & Hudson 2, anc
Reading common and second preferred
American Agricultural Chemical 1919. Anal
gamated Copper rallied a point. The genera
tone was heavy and Sugar, Consolidated Gas
Westinghouse Electric and Pacific Mail Eel
1@1% under last night.
The Erie stocks joined the advance IN the
coalers and their rise OF over point was
followed by demand for the fractions, which
carried them to the best. The market con
tinued largely one OF specialties and there
were scarcely any dealings in the gransers,
! Pacflcs or Southwesterns. Colorado Fuel
rose 2a4 to SO, and there was sympathetic
rise in Tennessee Coal Cotton Oil gained j.
| Virginia. Carolina Chemical point and North
American madei its extreme rise, 111s points
| A few points Of strength developed, but the
general market was rather heavy in the ma
| hour. Peoples Gas, Chicago Union Traction
! International Pump and Colorado & Southern
! first preferred rose 2 American Llnseed ~:
| and Colorado & Southern second preferred 6
! point. The closing was dull and Irregular
| Bonds were steady. :. . Il Ill.,
Stock quotations reported for The Journal
! by Watson & Co., Chamber OF Commerce
! Minneapolis 4a-@S4~~ - .@-..5 -. z
| = Closing figures are bid. = U.s.. H. Il