The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-13
TRADING IS LIGHT
Much Hesitancy and an Irregular
Opening in Stocks.
SOME OF THEM SELL OF
Later Improvement Checked by Rea-
LIKING in St. Paul and
LOuisvilIe.

New York, May 13.-London sent higher
prices for American stocks this morning. but
the market here ignored this initiative and
opened irregular The changes were small
and the trading dull. On the side OF losses
Delaware & Hudson and Sugar suffered to
the extent Of point Changes otherwise
were restricted to fractions throughout
Some of the highpriced stocks which were
liquidated yesterday We're sold again, North
Western dropping and General Electric 3.
Some of the active stocks of each group de
clined in sympathy, but offerings were small.
Colorado Fuel, ST. Louis Southwestern pre-
terred, Lake Erie & Western, St. Louis & San
Francisco and Fort Worth & Denver City
stamped lost point each, and Louisville and
Metropolitan Street Railway gained /. *, The
grangers were bought later, Northwestern
rallying 4 and Rock Island advancing Ia
This demand helped many sticks and there
were general recoveries to above yesterdays
close. Pittsburg, Columbus: Cincinnati &
St. Louis rose H. and Delaware & Hudson,
Canadian Pacific. Colorado Fuel. Tennessee
Coal and Manhattan rose 1@1as over yester-
day. -...-. =. NJ. =. ,.-.-r.-, 50:
The Improvement in the active quarter was
stopped by realizing in st. Paul and Louis
vile, and a decline in sympathy again to the
lowest. Other stocks did not yield. to the low
level of the first hour and there were. a few
minor properties that showed strength Gem
preferred, Wisconsin Central Minneapolis,
St. Paul & Sault Ste. Marie and Long Island
gained 1@11s, and Chicago, Indianapolis &
Louisville rs. Business was in lighter vol-
ume than for many weeks. The whole market
rose again to the best on light transactions )
Bonds were, steady at noon -.r.s --.s !
The market became semistagnant and the
| movement in usually active stocks was
scarcely perceptfble. Louisville got "a over
last night; Chicago, Indianapolis & LOUIS
| vile 3%; North American, Westinghouse
Electric and Delaware & Hudson more than
2 points, and Atchison, Amalgamated, and
some minor stocks point or more. New
| York, Chicago, & St.. Louis second preferred
| lost 2, and 500 preferred and Rubber Goods
preferred each a point.
Trading became slightly more active when
| Reading New York Central and few of
| the low-rriced specialtes were bid up. Fluc-
! tuations aside from these were narrow and
the market lapsed into dizziness again, but
! showed pressure. Reading, New York
Central, New York, Chicago & st. Louis
| Chicago Great Western and the Kansas City
Southern stocks advanced a point or more
Lackawanna jumped points on one transac-
| ton. 80 -.
Prices continued to. harden in a. dull an6
| uneven market Stocks, added to the list Of
1 point gains or over were St. Paul, Texas
& Pacific, Missouri Pacific, Reading, Erie
the first preferred, Pennsylvania, Evansville
& Terre Haute, Colorado & Southern sec.
ond preferred, Chicago Terminal preferred
Pacific Mail, Ice preferred, Smelling and New
York Air Brake Chicago, Indianapolis &
Louisville preferred advanced 3 and Long
Island 21a. Northwestern and General Elec
trio rallied to fraction over last night. Chi
cago & Eastern Illinois and Locomotive pre-
! ferred lost a point eaeh,o foa....- ...-@. i
Stock quotations reported. for The Journa
| ~
ulerce, Minneapolis. SO 7a]@7c n*',7'. "a
/ Closing figures are bid.t" aGIt ...>~ -