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
2s Advance DURING the Fluc-
tuatiOns.

New York, Feb. 2.--There was q fair vol;
ume of buying orders in the stock market at
the opening and prices advanced fraction
ly from yesterdays decline, but ran OFF again.
Brooklyn Transit showed a good fractional
gain, and Evansville & Terre Haute rose a
point but reacted 1a.Ff 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 Arm. Missouri Pacific receded
from 1o1 to below par. Brooklyn Transit sold
up 15s, 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 5, Westinghouse Electric 3h,
and New York. Chicago 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 So, 500 900, 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 & South western
preferred, Tennessee Coal and Evansville &
Terre Haute losing l to l "a. Selling OF the
general list was checked later when Anal
gamated Copper was advanced to 72ts. Bust
ness then became very dull and fluctuations
unimportant. American Grass Irvine and
United States Reduction preferred advanced
=, md Anne Too rN1ri,
Rapid Transit preferred lost 1@1M.
A good demand for Chesapeake & Ohio and
Norfolk 6 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 dizziness Of
the market led to small liQuidating sales in
the Changers and Pacifcs, 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 1G1si, and Chicago &
Eastern Illinois and Evansville & Terre
Haute preferred raised Pa 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
ening effect on the transcontinental stocks
and they recovered slightly
The market was dull and Irregular in the
last hour. Evansville & Terre Haute pre-
ferred extended its rise to Az, Iowa Central
preferred, New York, Chicago & St. Louis,
Sugar, Kingston & Pembroke and Distilling
preferred. 191A. Stocks which moved down
wards to the extent of 1@2 points were Gen
eral Electric. Metropolitan, American Snuff
preferred, Westinghouse Electric, Sloss Shelf
field Steel, United States Rubber preferred,
American Linseed Peoria G Eastern, Vince
ling & Lake Erie first preferred and Kansas
City Southern preferred. LackaWanna
dropped g. The closing was moderately ac-
tive and irregular. - '.
Bonds were generally firm. Wabosh Bs fur
nlshed the bulk of the business, and after
an advance Of ", to IS, reacted to To-
Stock quotations reported for The Journal
by Watson G. Co., Chamber of Commerce,
Minneapolis. '-a - 1ttf le r..-.-.5. fi&e
Closing figures are hid !..--'