The Minneapolis journal., 1903-04-20
IRE EGUL AR OP ENING
Prices Fluotuate in Confused Man
ner Manhattan Makes
Jump.
Inability to Move Prices Discourages
Traders and the Market
Becomes Dull.

New York, April 2C.-,rhe opening movement
OF prices was exceedingly irregular, number OF
the small lossesg as promptly recovered. The
movement was limited to small fractions the
other way. malgamated Copper rose *, which
measured the largest move elnent. STS5
Prices fuctuatel In confused manner. A
jump of 2M in Manhattan to III y had some lit
tie sustaining effects On the market. Other
stocks In which the dt mand was ample enough to
induce good gains consisted mainly Of minor
stocks and included Fort Worth & Denver City
stamped which advanced s. points. General Elec
tric ~, Evansville & Terre Haute ~, Colo
rade Fuel and Metropolitan Street Rail-
way company, Wabash preferred, st. Louis
Louis Southwestern preferred and Texas Pa
cffc point. Metropolitan Securities subscrip-
tions declined point. The Gould group dis
stocks hut were only moderately active. The
O'Clock. 5&5.
The inability to move prices far in either di-
rectton discouraged the traders and the market
became dull. ( Reading was under pressure and
lost over point, tie second preferred 1a, Bal
timore q Chic I. and Kanawha &. Michigan 4.
Wabash preferred, Southern Pacific. Amalgamat-
ed. METROPOLITAN Street Railway, Colorado Fuel.
Evansville & Terre Haute and st. Paul reacted
1@1A. General Electric extended Its gain to
~, Westinghonse General Electric s1a and q
American Car, Pressed Steel Car preferred and
Consolidated Gas i to ~ = GE
Bonds " ere steady at noon. E,A
Small offerings fcrce1 the market fractonally
and Smelling fell a point under Saturday 5
close. Pennsylvania, Atchison, Rock Island and
Southern Pacific lost substantial fractions and
the heayiness of the leading stocks had depress-
ing effect on long operations Northern Securi-
ties dropepd to 35!s on apprehension over the de-
cision on the application for stay of the ;udg-
n,ent against the company E,.55-
NORTHERN SECURITIES AT ssN.
The fall in prices was still in progress when
the news was bullstined that the Northern
Securities Co.'S netition for modincat ion OF
the decree against it pending an appeal had
been granted. Yet declines had reached point
or more in Pennsylvana. Norfolk & Western.
Louisville and Delaware e. Hudson and 2ss in
North Western. There was an abrupt recovery
after the publication Cf the news. Losses were
wiped out and net. gains of / to 1M In New
York Central, Union Pacific. st. Paul. Missouri
Pacific, Baltimore & Ohio and Southern Railway
preferred were established. Manhattan rose al
extreme 2A. Northern Securities on the curt
jumped from 94A to 99$4 Free selling carried
prices backwards a point or more for the leaders
and the market become extremely dull. "a
The selling movement was not pursued ant
professionals bid up the prive level again IL
about the best. Consolidated Gas rose 4 4
Brooklyn Union Gas. 6: St. Louis Southwestern
preferred g.. and United Railway Investment
preferred, Ia. The closing was dull ant
steady. FL r.gs.-:e *
Stock quotations reported for The journal BY
Watson & Co., Chamber of Commerce, Mime
| apolis. 80 = ~. ! ,5a-E' "a