The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-27
WESTERN STOCKS UP.
500 and Others Score More Substan.
tial Gains.
GOLD ENGAGEMENTS CAUSE A SAG
American Grass Irvine Happens to
I'd Advance During the Fluc-
tuatiOns.

New York. Feb. 27.-There was a fair vol
ume of buying orders in the stock market at
the opening and prices advanced fraction
all around. Missouri Pacific recovered sharp
ly from yesterdays decline, but ran off again
Brooklyn Transit showed good fractional
gain. and Evansville & Terre Haute rose a
point but reacted 7a.%s Otherwise changes
were small. The weakness Of Missouri Pacific
| and the strength OF Brooklyn Transit mar
| rowed fluctuations in other leaders, but the
undertone was firm. Missouri Pacific receded
from 1ol to below par Brooklyn Transit sold
! up 1s. but there was no response In the
other fractions. Fluctuations in the minor
! stocks were within moderate limits but some
! of them made notable gains. General Elec-
trio advanced s. Westinghouse Electric 31a,
and New York. Chicago 6 st. Louis second
preferred, American Smelling Colorado &
Southern, Republic Steel preferred, Wabash,
Duluth, South Shore & Atlantic preferred,
keokuk & Des Moines, Wisconsin Central pre-
ferred. and 500 preferred L to ~. Some Of
the active stocks were easing off at II o'clock.
increased gold engagements making the
! total $3,5OO,00O, induced realizing and short
selling all round. caused the more active
stocks to sag under last night. Stocks which
| had been strong earlier fell away sharply,
Colorado & Southern, Toledo St. Louis &
| Western preferred, st. Louis & Southwestern
preferred, Tennessee Coal and Evansville &
Terre Haute losing l to W. Selling OF the
general list was checked later when Anal
gamated Copper advanced to 721s. Bust
| ness then became very dull and fluctuations
unimportant. American Grass Irvine and
United States Reduction preferred advanced
and American Ice preferred and Twin City
Rapid Transit preferred lost 191M
! "A good demand for Chesapeake Ohio and
Norfolk & Western carried them up over a
point The general market was sluggish and
irregular. Evansville & Terre Haute rallied
| IL. General Electric gained Az in all and
Ann Arbor 2. On the other hand Pressed
| Steel Car and Chicago Great Western pre-
| ferred lost point each. The dullness Of
the market led to small liquidating sales in
the Changers and Paciics, and they fell to the
lowest The inactive specialties were irregu-
! lar. Glucose Trust receipts, National Lead
| and New York, Chicago & st. Louis second
preferred declined 1G1%, and Chicago &
| Eastern Illinois and Evansville & Terre
! Haute preferred raised PIE to 2a. Renewed
| buying of Norfolk & Western forced it above
| So, and there were simultaneous advances
| in Metropolitan Street Railway and Brook
| Ign Transit to the best. This has strength
enlng effect on the transcontinental stocks
| and they recovered slightly.
The market was duh and Irregular in the
( last hour. Evansville & Terre Haute pre-
ferred extended it's rise to Az, Iowa Central
preferred, New York, Chicago & st. Louis,
Sugar, Kingston & Pembroke and Distilling
preferred. 191R. Stocks which moved down
wards to the extent Of 1G2 points were Gen
eral Electric, Metropolitan, American Snuff
| preferred, Westinghouse Electric, Soss- Shelf
! field Steel, United States Rubber preferred,
! American Linseed, Peoria & Eastern, Vince
| ling & Lake Erie first preferred and Kansas
| City Southern preferred. LackaWanna
| dropped 3. The closing was moderately &C
J tive and Irregular - '-'
| Bonds were generally firm. Wabosh Bs fur
n1shed the bulk Of the business, and after
| an advance of p, to rs, reacted to rs. b..
by Watson Co., Chamber of Commerce,
Minneapolis. ~ nt5 -r- ..r 'si -
CLOSING 'fcnroc GRO hid t.--sr