The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-26
BULLS. TOSSED IT
Canadian Pacific Rushed Up Over
14o This Morning
DECLINING
Early Business Was Active and the
$.i.J& Selling: as&Quite
9, Active.

New York, May 26.-The stock market
opened irregular within marrow limits. The
only notable movements were in specalties.
The Fuller Construction stocks continued
their recent. unexplained advance with gains
OF over point each. sale of 1000 shares
OF canadian Pacific was made at 1873 to 1857,
compared with 1885 on Saturday, and the
stock subsequently, dropped to below 1873
There were running sales of 1900 shares of
american Car att an extreme advancekof Y.
colorado Fuel was rather sharply depressed.
.Ihe bulls took hold of Canadian Pacific
and rushed it up to 14OA. Other stocks were
declining meanwhile, and eventually weak
ened Canadian Pacific, which reacted to be-
low l39. Colorado Fuel broke az, and Anal
gamated, Tennessee Coal, st. Paul, Atchison,
New York Central and Union Pacific from
l. to ~ !. ~. 2.s%i. 49,
Business was little more active and the
selling quite general The Fuller Construc-
ton stocks lost their gain and some other
speclaltles We're quite weak. The railroad
list generally lost fractions extending to q.
Lake Erie & Western preferred dropped 5.
i'he market became fquieter and leading
stocks rallied. Recoveries, however, were
slight except in Brooklyn Transit and Colo
RADIO Fuel, which sold, about a point above
the lowest. Louisville Kansas City Southern
and Wabash were heavy, but Missouri Pacific
and Kansas & Texas were rather firm. Some
minor specialties were lower, Tobacco pre-
ferred losing 4 and Westinghouse Electric 8
points. The mailing stocks were bid up, 1
and points and the Pressed Steel Car stocks
gained about point North American rose
q Rutland preferred sold 21z above the
preceding sale. BY midday the railroad kst
was showing weakness again under the lead
OF ST. Paul, which fell below no. Bonds
were Irregular at noon. .., T.,
canadian Pacific rose to 1405s, but the
railroad list generally was practically life
less. Illinois Central, Colorado & Southern
second preferred and Fuller Construction fell
point under Saturday and Rock Island 2.
There was "a better tone to the market, re-
sulting from the continued absorption of
Canadian Pacific, which touched 141la. Cleye-
land, Lorain & Wheeling lost 31a 500 pre-
ferred rose q point, and the Wisconsin Cen
trail stocks hardened a fraction.
Canadian Pacific after a slight reaction
rose again to 1875. but reacted to 1891, when
the rest of the market receded to below the
early low level. Special stocks to show
strength were Pressed Steel Car, which rose
Az, the preferred 2as; +American Car point
Snuff, 4; Rutland preferred, IN in ALL and a
few minor industriais point more Colo
RADIO Fuel rallied III, and Tennessee Coal
and New York Central a point. The late
selling movement carried St. Paul 2 points
| under Saturday, and Reading5a point: Losses
were extended to point in stocks additional
to the morning list. The closing was mod
erately active and irregular. ~ - 49, - :.
Stock, quotations reported for The Journal
| by Watson & Co.. brokers, Chamber OF Com
merce, Minneapolis. 80. - Z, -
Closing figures are bid. -@'@ 'r.-.--.