The Minneapolis journal., 1902-05-01
It Opens at 155 and a Sale Is Made
.a at IIo.
. 4s7 3. 80 - ~. s3e 3Sy 9s-g q
EARLY MARKET is NERVOUS
International Power Later Freaks
to 1Ol ana Rallies with 10
Point Changes.

New York, May There were some strik-
ing gains amongst important stocks on open
ing sales but enough prominent stocks showed
fractional declines to give an irregular tone
to the opening. st. Paul, Illinois Central,
Wheeling & Lake Erie first preferred, Della
ware & Hudson, American Linseed and Colo
rado Fuel rose from to 2 points Colorado
Fuel Immediately reacted point. There was
sale of 100 shares Of international Power
at 1875, compared With the last sale yesterday
at 120 The stock was next quoted at 106 bid
and 145 asked. United States Steel declined
r. on a sale u 3,1o0 shares, aud the pre-.
ferred fell y on the sale OF 1900 shares &
The market showed some feverishness ret
sutant on the wide fluctuations in Interna-
tional Power and nervousness Of other in
dustrials. st: Paul, 1lliiiois Central, Louis
willie, North Western, Pennsylvania and Read
ings were strong, but other leaders moved
narrowly Illinois Central reached l55, a gain
OF 3, and Northwestern advanced sha. Rai,-
way Steel Spring, Locomotive and Colorado
Fuel moved point either way frequently,
the first named ruling above last nights close
New York, New Haven & Hartford dropped
8 points and rallied point, and New York
Air Brake dropped 1ssa "A sale of Irlterna-
opening at 135. The price then jumped to 1875
on the next transaction and then fell to 100
Nashville, Chattanooga and st. Louis rose
points, Pittsburg, Cleveland, Chicago e st.
Louis ~, and Sugar over point. -
Baltimore & Ohio, Peoples Cas- Linseed
preferred, .Distilling preferred st. PAIL pre-
ferred, Rock Island, Minneapolis A St. Louis,
Missouri Pacific, Wheeling g. Lake Erie seess
ond preferred were lifted point OF more.
Profit taking was effective IN st. Paul. Sugar
Union Pacific and Reading. Illinois Central
reached 155% before reacting to I54. Inter
national Power continued TO move sens ation-
ally. A break to 1O1 was followed by a rally
T. r,r4tI
| tween sales. Pittsburg, Cleveland, Chicago 4
St. Louis got up az, while Keokuk & Des
Moines fell 81. Before noon prices gave way
all around and MANY active stocks fell below
| last night. The reaction ran between l and
2 points for the more important stocks. North
Western lost and Colorado Fuel fell to q
| point under last night.
! Bonds were irregular at noon.
| Pressure against the market relaxed and
| there were some strong upward movements.
| Ths recoveries generally were moderate and
| the market became dun. Louisville rose g.
Chicago, Indianapolis & Louisville "a and
| the preferred IL. Later there was a heavy
absorption Of Pennsylvania up to 1o37a. New
| York Central rose IA and Baltinores& Ohio
and St. Paul recovered tosthe top. New, York
| Air Brake rallied2 2 and reacted 4, and Inter
| national Silver dropped 4ss> on few sales.
Demand was centralized into a few stocks
but these made notable progress upwards.
The rise reached 5A IN louisville and 2al In
Pennsylvania Southern Railway was also
| taken in large blocks at en- improvement,
of point and Long Island rose 11a. New
York New Haven g. Hartford recovered its
3-point decline, and Brooklyn Union Gas
| rallied 31s from the lowest: There ewere q
| few transactions in International Power be:
| tween 106 and 40. The NnTarket wassr below
the best at O'Clock and was little more
| active. :. :s*Esa7 ts@i z ~
T There were reactions Of tito 1a in the prin-
| cipal active stocks. News,Y Air Brake
extended it's less to 2oA ,irNewo Central Goa
| fell 21A, American Telephone}71% and :Vir:
| ginia -Carolina Chemical hand Tennessee. Coal {
! point. international POWER fell backstto. j Oh
Smelling and Locomotive preferred gained
point each and Detroit Southern N There
was some recovery Of prices but the CLOSING
was active and irregular. t.. *s'is2sf
Stock quotations reported for The Jo,ifna
| BY Watson & Co., Chamber Of Commerce
Closing figures are bid: a.s ,,r NJ 49,.