The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-19
SUGAR SETTLEMENT
Action of House Republicans Felt in
Wall Street.
SENSATION IN COLORADO FUEL
Great Activity Prevails in Spots
Only, With I'm Irregular
Closing.

!. New York, March l9.--There were some
striking gains among the speealties at the
opening Oh the stock market to-day, but the
general list was dull and irregular within
narrow limits. The opening in Colorado Fuel
was sensational, 4,40O shares changing hands
at par to 10Y, compared with 9S last night
tennessee Coal advanced point North
American rose IN. There was an active
demand for, Sugar at an advance of 15s on
account OF the agreement upon the Cuban
sugar tariff. The railroad list changes were
less conspicuous, but ST. Louis & San Fran
cisco second preferred rose point. T..
The market was unable to absorb the
realizing sales that followed the high opening
in the specialties. Colorado Fuel reacted AZ,
North American 21a and Sugar and Manhat-
tan ~ General Electric gained 512 ano
Westinghouse Electric g. with reactions OF
11s each. international Paper, American Ice.
United States Reduction preferred, Union
Bag and Paper preferred, National Bisculc
and Rutland preferred rose a point. The
fluctuations, of the leaders became very er-
ratio and the railroad list was neglected and
heavy. There was a later rally to l24A Ia
North American, New York Air Brake rose
81, Amalgamated Copper advanced ~ over
last night and Evansville & Terre Haute lost
2, Pacific Mail rs and Northwestern a
point. Great confusion of speculative senti-
ment resulted. sa.t ~. ..ysf=. :: +
feverish and excited, with. erratic huctua-
tons Of several points frequently. North
American fell from 1241a to l19 while New
York Air Brake jumped 1O4 in all to 1902
These stocks represented the widest yarla-
tons. Colorado Fuel ranged as low as 102
Wells Fargo lost IN and General Electric
reacted 3A. Standard railroad stocks were
below last night with Northwestern down to
230. Evansville & Terre Haute lost ~ ana
the preferred ~. American Ice stocks,
United States Reduction and New York. Chi
cago C st. Louis common and SECOND pre-
ferred, were conspicuously strong. r.:
The midday trading was firmer IN tone and
sharp rallies in Colorado Fuel and North
American were supplemented by bidding up
the fractions and Consolidated Gas. Recov-
cries in these stocks ran from to points,
but the movement did not help the railroad
list, which remained inert. Wells-Fargo Elk
press recovered 2A and Lake Erie & Western
advanced l. 500 preferred declined and
United States Express l.
The specalties became reactionary again.
North American touched 11S and New York
Air Brake lost AZ. The 3-point rise in
Westinghouse Electric was wiped out North
western preferred and Glucose preferred,
trust receipts sold 4 points below their
previous sales. American Grass Irvine de-
clined IN and Amalgamated lost most of its
rise. Chicago, Indianapolis & Louisville was
an exception with a rise of IN.
The only great activity was in spots, nota-
BILE in Sugar, which rose 25s over yesterday
and then reacted: The rise in Chicago, Indi-
annapolis & Louisville reached Az and in the
preferred a point. tst.gLouis San Francisco
rose 37s and there were advances of a point
or more in American Tobacco preferred, In
fternational Power; 1Atchson, Evansville &
Terre Haute Continental Tobacco preferred
lost TX, and Consolidated Gas, National Lead
preferred and St. Joseph & Grand Island pre-
ferred. Ghrsts) a point more. The closing
was active and irregular. 80 800
Bonds were Irregular ~s.' +
Stock quotations reported for The Journal
by Watson Co., Chamber OF Commerce,
Minneapolis -.>'. =. =. =, ~
Closing figures are bid. ..... r-,.-..-,l