The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-07
The MINOR STOCKS
gh-Priced Ones Share in Bull
Movements.
SUBSTANTIAL RISE IN WESTERNS
Market Reacts All Around in the
Last Hour, With an EARLY
Closing.

New 1ofk, March There were fractional
net gains at the opening in most stocks.
Colorado Fuel and Colorado & Southern
showed some evidence of realizing, the former
selling at the opening at 81 to IS, compared
with SO last night and the latter declining
nearly point. General Electric, American
Cotton OIL and Pacific Mail rose nearly q
point Realizing Ia Colorado Fuel carried
the price down five to SO. Tennessee Coal
lost over point in sympathy, but other
metal stocks We're fairly steady. The drop
in Colorado Fuel repressed dealings in the
prominent railroads but they showed no
weakness.
There were many bull movements under
way in the minor stocks in which the high
priced stocks which were buoyant yester-
day shared. Westinghouse Electric jumped
on, st. Paul & Omaha 4, Brooklyn Union
Gas 3, and Chicago & Eastern Illinois, North
Western, Consolidated Gas, Chicago Great
western preferred A, Mexican National pre-
ferred, when issued. Chicago, Indianapolis &
Louisville preferred, Delaware & Hudson,
Rubber Goods, American Grass Irvine ana
Virginia Carolina Chemical from 1 to- 2. The
apathy of the general market caused sales
| for both accounts, in the transcontinental
group, which sagged fractionally under yes
terdays close and pulled other stocks down.
Reactions from the best in the specialties
| reached from to points in Northwestern,
Westinghouse Electric, General Electric and
Virginia, Carolina, Chemical with the first
| named the chief sufferer Near noon there
was rise of points in Sugar, Manhattan
and Brooklyn transit which produced some
| improvement in the railroad list. Colorado
| Fuel sold down to 81 and rallied feverishly
! and American Car preferred lost a point.
Colorado & Southern second preferred lost
| H., st. Paul & Omaha preferred gained 5
! and Minneapolis & St. Louis and North
American over a point.
American Cotton Oil made an extreme gain
Of 43s and there were gains OF 1 to points
in Wheeling Lake Erie, the second pre-
ferred, Evansville & Terre Haute, st. Louis
San Francisco first preferred, Chicago
Terminal preferred, Twin City Rapid Tran
| sit and International Silver. Some large
takings Of Baltimore & Ohio lifted it only
small fraction. A reaction of point in
Sugar threw the market into doubt.
A rally in Sugar to the best again failed to
create any speculative interest in other active
stocks, and they remained neglected at about
last nights level. Meanwhile confident buy
ing was lifting the St. Joseph & Grand Island
stocks, Des Moines & Fort Dodge, Chicago,
| Indianapolis & Louisville. Wheeling G Lake
! Erie first preferred and Lake Erie & Western
from l to points. Evansville & Terre Haute
extended it's rise to and Lake Erie West
| ern preferred advanced points.
/ Spectators took alarm at the poor show
| ing promised by the banks tomorrow and at
| the reported ming at st. Paul or the govern
ment's suit against the Northern Securities
company. The market reacted all around.
| many stocks falling back a point OF more.
North western fell 34a under last night, and
St. Paul, Missouri Pacific, New York Central,
| North Western preferred, Tennessee Coal,
| Linseed common and preferred, Glucose Trust
receipts and Pullman from TO 1h. Westng-
| house Electric reacted 3. An upward move
ment in Colorado & Southern, Mexican Ma
| tional and Sugar was not effectual nj rallying
| the market. The closing was rather easy.
| Bonds were firm. o..
! Stock quotations reported for The Journal
| by Watson & Co., Chamber of Commerce,
| Minneapolis