The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-18
800" STILL HIGHER.
Nearly 4 Points the Degree of To-
days Ascent.
DROP IN AMALGAMATED COPPER
This UnsettIes the Market After an
Improvement Following
u Slump.

New York, Feb. 18-The opening tendency
Of the market was slightly irregular, but the
| majority of prominent stocks showed gains.
These were restricted to small fractions ex-
| cept in the case of 500, which rose IL. Anal
gamated Copper was heavy. Large buying
| orders appeared in Sugar and some of the
Southerns, which helped to advance the gen.
eral market. There were some large trans
actions in Southern Pacific, advancing it to
671e and inducing purchases Of other stocks.
The 500 stocks made gains Of 21s each.
Amalgamated Copper recovered to yester-
! days close and yielded again, and Metro
politan Street Railway was also under pres
sure. Texas & Pacific, Kansas & Texas pre-
ferred st. Louis Southwestern preferred, st.
Joseph &-Grand Island first preferred, Great
Northern preferred, Wheeling & Lake Erie
first preferred, Lackawanna and American
Agriculture rose from 1 to lA Diamond
Match jumped points to 1913. .-s 49,
Many stocks seldom active were bid up
strongly, affording a chance for profit-t taking
in the leaders. OF the latter Sugar was most
anected and yielded IL. Chicago Terminal
preferred also lost 19s, and the Southwesterns
were easier. Toward noon there was some
improvement in the active stocks under the
leadership of the Readings, which were heay-
lily bought. The notable advances included
21s points in Consolidated Coal Of Maryland
6ss in American Snuff, IL in the preferred,
IL LdckdWdHud ana from TO IN delaware
Hudson, Ontario Western, Texas &
Pacific, Land Trust, General Electric, Inter-
national Paper Wisconsin Central preferred
and Wheeling & Lake Erie second preferred.
drop to below 10 in Amalgamated Copper
unsettled the market before noon.
The decline in Amalgamated Copper reached
~, and carried Sugar and Metropolitan Street
Railway to the lowest. $500 reached almost
2 points. Glucose lost nearly 2. A rise of a
point in Chicago & Alton and Rock Island
had very little effect on the market. There
was no appreciable change in the prices Of
the prominent stocks, and the market was
almost stagnant. Some of the minor stocks
auctuated "a point two either way. For
instance, United States Express lost 2 and
Distilling preferred, Union Bag preferred,
Iowa Central preferred. Des Moines & Fort
Dodge and Toledo, St. Louis & Western pre-
ferred lost 1, and Glucose gained a point.
There was a general downward drift of
prices which made marked inroads upon for
mer gains and carried Amalgamated Copper
2as under last night There was losses of 10
11a established for Sugar, Pacific Mail, Metro
politan Street Railway, Consolidated Gas,
Missouri Pacific, Twin. City Rapid Transit
preferred and Lake Erie & Western preferred.
Lackawanna reacted g. Wheeling & Lake
Erie first preferred rose 2ss, Chicago, Indian
apolis & Louisville IN. and there was some
covering of shorts in the general list. The
closing was moderately active and irregular.
Bonds were firm.
Stock quotations reported for The Journal
by Watson & Co., Chamber of Commerce,
Minneapolis. f@
Closing figures are bid