The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-12-31
MARKET IS STRONG.
An Active and Higher Opening on
Heavier Dealings fractions
Strong.
Irregularity Sets In Later Long
Neglected Stocks Are Ad-
vanced Sharply.

New York, Dec. 81. The market opened active
and strong at fractional advances throughout,
and a. there were heavy dealings in some of the
marker leaders. Running sales We're made of
1880 shares Of Erie at t3sA to SO, compared
With 3sh last night, and of 1000 shares of Chi
cago Great Western at 26ss to 26M, compared
with 261s last night, Blocks Of 1000 to 1000
shares Of Atchtson, Ontario & Western and
Union Pacific changed hands on the opening
sales. 1fssil5 ST.. !EI.St6s l.zs E.5s -
Dealings were very animated during the first
hours trading and, although higher prices pre-
vailed all around, the strength was largely
centered in the fractions, Goulds and coal stocks.
Manhattan sold at 149. rise of points; Cen
Transit Metropolitan Street Railway, Norfolk
Western, Delaware & Hudson, Reading and the
first preferred. Missouri Pacific, Rock Island,
Great Northern preferred. Illinois Central, Chi
cago Great Western. Kansas City Southern COM
mon and preferred Louisville, Pressed Steel
Car and New York, Chicago & st. Louis rose
between 1 and points. The Fries showed the
effect of realizing and gains elsewhere were
checked by the same cause.
The market continued active and became high
" irregular There realizing in earlier
strong stocks and reactions in prices under cover
of new strength in the Pacilcs, led by Southern
Pacific with rise of ~ points t-
A number Of long neglected stocks were also
advanced sharply. Gains reached to IA points
in the Pacifcs. Southern Railway, Denver & Rio
Grande preferred, Amalgamated United States
Steel, Lead, Continental Tobacco preferred, Con
solidated Gas, the Smelling stocks and United
otaIeS neatly, ana between q ana D 'pOlntS III
Northwestern, Wheeling & Lake Erie first pre-.
ferred. Tennessee Coal, United States Realty pre-
ferred and U. S. Express. Westinghouse Elec-
| trio first preferred jumped eight points ant
Cleveland, Lorain & Wheeling 10 points. There
were reactions approaching a point in other
stocks Bonds were firm at noon. =. r.
Leading stocks were bought heavily again at
slight concessions, and soon rallied well above
the forenoon top prices. Manhattan, Missouri
Pacific, Chicago Great Western, Erie Reading
Louisville and Illinois Central were taken ir
large blocks and led the market in point OF
strength. The rise in the fractions due
to a belief that remedy would be speedily de-
yised for the relief Of the traffic congestion or
| the various lines. Manhattan touched 149A
| but Brooklyn Transit did not maintain it's one
point rise. The stock was not appreciably at
fected by the Kings county grand jury present
ment. ~'
The trading became quieter, but the under
tone was firm and advances were made In new
quarters st. Paul rose point, did Wa
ferred 2, Consolidated Gas 81, American Elk
press 5, Canada Southern and New, York All
Brake tn. 49, aa-@5 . E~
There were some recessons proft-takine
during the final hour, but there were other 40
vances Amalgamated rose 2A on the rise
| on the maintenance Of the per cent dividend
Great Northern preferred and United States Re
atty 2B, Lackawanna 2, Consolidated Gas IN
Brooklyn Union Gas 8, Steel Foundry preferred
Fries, st. Paul, Brooklyn Transit, Baltimore &
Ohio, Sugar and Rock Island lost their gains
and reactions ran to point in some other stocks
Northwestern reacted Pa. The closing was
irregular. s&<~ v'E>>5."s -. :aas-. - ~
Stock quotations reported for The Journal b,
Watson Co., Chamber of Commerce, Mime
apolis. as&H -. r.. 80
Closing nrices are bid