The Minneapolis journal., 1903-02-09
GOULD GROUP BUSY
Active Buying There Causes Gen
eral Activity in the Stock
Market.
Rock Island Up to so on Heavy
Dealings Some Quiet Stocks
Jump.

New York, Feb. 9.--The stock market opened
strong and active, led by the Gould group, the
hard and soft coalers and of the industrials.
Sugar and Norfolk & Western rose a point.
There were simultaneous sales of 5000 shares Of
Missouri Pacific at 113A and 113h, compared
with 112A on Saturday, and Of 5000 shares
OF Wabash preferred at 515s and 81 Is compared
with 5l1a on Saturday ST. Paul was a notable
exception to the strength of the market with a
decline of u.
Most Of the active buying centered In the
Gould group. These stocks advanced well be-
yond their opening prices and infused strength
III the general market Analgamated was
bought freely and crossed 20, but other special
ties did not respond notably. Top prices showed
gains above Saturdays close running to "a in
Wabash preferred, which was also the most ac-
tive and to LIZ in the Kansas & Texas stocks.
Missouri Pacific. st. Louis Southwestern pre-
ferred, Denver & Lilo Grande, Texas & Pacific,
Wheeling & Lake Erie. the second preferred,
Mexican Central, Pennsylvania, Chesapeake &
Ohio, Illinois Central, Tennessee Coal and Anal
gamated Wheeling & Lake Erie first pre-
ferred rose 24 and Anaconda l. Business became
auieter toward II o'clock and prices were below
the best In spots. Norfolk & Western, however,
advanced IN. #@y
the bituminous coal carriers attributed to
reports of labor settlements. The upward move.
ment also extended to about point in Reading,
New York Central, Atchison, North Western,
road of Mexico. G&
There was jump of 9ai in Buffalo, Rochester
Pittsburg and in the preferred single
| sales The movement In the railroad stocks was
checked, but number Of industrials were ad
vanced, led by Sugar. with gain of over 2.
The Rubber Goods stocks, United States Realty
and the Railway Steel Spring stocks rose 1 to
IN, and North American 2A. Chicago. Union
riaction preferred lost rs. Rock Island rose
! to 80 at noon on very heavy dealings. and st.
Paul moved up point over Saturday, thus hold
! ing the list firm.
Bonds We're steady at noon.
New stocks were constantly brought into the
confident buying movement that was going on
| In special stocks. The enormous absorption OF
| several leaders created better speculative de.
mand for the active list generally and advanced
| point or more. Rock Island fell back after II
touched oOM, but the Gould and transcontinen
| tai stocks held firm at the highest. Union Pa
| cffc. Hooking Coal, General Electric and tbs
! United States Steel stocks were conspicuous IL
| the midday rise.
The market showed a vel maintained demand
for stocks shifting from time to time to new
quarters. Missouri Pacific, Texas & Pacific ant
Denver 4 Rio Grande rose 2, and st. Paul p
Gains of point or more were made by Uniol
| Pacific. Brooklyn Transit. metropolitan Stree
Railway, the Iowa Central stocks, Delaware {
| Hudson, Canada Southern, Hooking Valley
| Smelter preferred and the United States rubbe
| stocks At other points the advance halted bu
| the top level was well held.
| Stock quotations reported for, The Journal b,
! Watson & Co., Chamber of Commerce, Minneapo
| Closing prices are bid. ..-r RI.