The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-11-20
SUGAR MOVES UP
The fractions Also Continue Their
Upward Course at the
.@. s Opening. ~.
Later t, -. They Sell i .o 'sil Agaain:-No
Decided Trend to the i.
." E :. Market. VI. ..:.s* =:

New York, Nov. 2O.-Yesterday's strong rally
IN the closing dealings brought In some. realiz-
ing orders at the opening of business to-day and
most of the leading railroad stocks yielded sharp
fractions. The fractions continued their: upward
course but the dealings were relatively small and
m fluctuations eomparatiyely narrow: Brooklyn
transit and Metropolitan Street Railway gained
" each and Manhattan IL Sugar was in de
mand and moved up to4119. \. !. q - =.
Al grades of refined sugar were advanced 10
points to-day. -4..,t.. IT,
The complexion$sof the market underwent a
change after the opening, railroad stocks meet
Ing support while the tract were under pres
sure. !, ndard stocks recovered In many cases
to we'll above Yesterdays ANAL figures under, the
lead OF st. Paul. Louisville and Missouri Pacific
Meanwhile Manhattan and Brooklyn Transit were
forced down over IA point ION the failure of yes
terday's bull rumors to: materialize. - 49, q.
Stocks advanced here and there despite the
dropping tendency OF the" fractions and impor-
tant advances were made by Amalgamated Ana
conda and Sugar; General Electric advanced 8
points and New York, Chicago 4 St. Louis Z "a
Eventually the steady liquidation of the local
stocks undermined the strength of the general
l sn, and 1t reacted: Manhattan declined from
eoo1s TO l4IB and Brooklyn Transit gave way
from 64A to 81 n. Towards midday Manhattan
recovered to the highest again and Brooklyn
Transit rallied to yesterdays close, but the gen.
eral list unresponsiye
Bonds were irregular at noon
The speculation in Manhattan was in enor.
nous volume and dominated the course of the
entire market. The bids for the stock were
@tCoNA' ioise0 uAlA touched LOS, gain over
night of points. The price then fluctuated fe.
verlshly on a point range, but came up strongly
again through all offerings. Other stocks fol
lowed the rise slowly but did not make much i'm
provement: . Trading in the general list was
cialties, the Pacific, Trunk lines and st. Paul.
Standard railroad stocks came into more gen.
eral demand following a heavy buying move.
ment In New York Central, which lifted it 2
points: The demand for this stock con-
nected with the steady accumulation Of Man
haitian, though no official news could he OBJ
tanned regarding their rumored traffic arrange
ments: Reading and Amalgamated were bid up
strongly st ing the latter rising points A relapse
In Manhattan OF over a. point threw the mar.
k a into dullness and prices were shaded all
grade again and touched 154A.
The market burst into animation in the clos
ing hour, with large sales in the leadig rail
ways Sugar and Amalgamated Copper, at adj
vancing prices. The fractions pursued their
nervous course of the day, Manhattan at one
tine selling at 154A and later sagging under
the session and the closing was easy.
Stock quotations reported for The Journal by
Watson & Co., brokers'. Chamber Of Commerce.
Minneapolis. Closing figures are bid.