The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-04-07
MARKETS TODAY.
Things We're Lively on Wall
Street Today.
Many Stocks Are Beaten Down
A Few Recover.
LIVE STOCK TRADE.
Large Receipts of Cattle and
Prices Firm.
Hog Market Grows Firm Toward
the Close.
LIVE STOCK TRADE.

New York, April WAL St.-STOCkS-
Declines in Union Pacific. Southern Pa
clhc and Pennsylvania made the openinG
tone heavy. Changes as a rule were very
small ard dealings were very light. There
were running sales Of 1850 shares of
Union Pacinc at g1A to slia, compared
with slsa last night. Southern Pacific
declined ss Pennsylvania = and Rock Is
land preferred point. There was an
advance of "a point in Lackawanna-
Buying orders appeared on the demand for
the western stocks. Prices turned upward
all through the list and the earlier small
losses were supplemented by equal gains.
Purchases had slackened greatly px the
time ST Paul Rock Island, View York
Centrai. Mexican Central AMI National OF
Mexico stocks gained ] to lss. Southern
Pacific recovered to 5l4 and then reacted
to 55ss. Top prices elsewhere were not
well held, ard the tendency was downward
again al II O clock. Reactions ran 10 near
q point i'm leading stocks. Third Avenue
advanced . and Nirginia-CarOlina Chem
zeal preferred declined 3aa
Southern Pacific touched So. the low
point on the movement. and then rallied
"a point. The narrow drift of prices else
Among less active stocks Westinghouse
Electric lost 4, Lacka wanna reacted 20 be-
low Yesterday, and Northwestern fell 2is,
New Haven 2 St. Louis Southwestern
preferred ia and Detroit Southern pre-
ferred and Union Bag preferred point.
Southern Pacific tell back to about the
lowest. Speculation was practically stag
mart.
Bonds were steady at noon.
Pressure was continued in spots while at
other points the tone was better United
States Steel preferred Pennsylvania and
b. & @. and Metropolitan Street railway
were included in the list of stocks losing
q point or more. Lackawanna lost in
all. There was not much pressure at any
time. prices foding away gradually on
sales by disguised holders. with practically
no demand. The market hardened slight
ly before o'clock.
Prices sagged slowly large liquidations
of Southern Pacific and Rock Island hav-
ing an unfaVOrable effect on the marSet-
Southern Pacific broke through IS. but met
support. Lacka wanna increased its loss
TO 3ia and Amalgamated. United States
Steel. Delaware and Hudson. Reading. ST.
Louis and San Francisco and Southern
Railway fell 1ul3a. The United States
Leather stocks were actively bought for
a time and the preferred gained point.
Fresh selling caused declines of about
"a point in Union Pacific. Norfolk and
Western Ontario and Western. Kansas
city Southern preferred St. Louis and san
Francisco second preferred, Colorado
Southern and Manhattan LaCkawanna
extended its loss TO and Lake Erie and
Western preferred and Cleveland. Ior-
aine and Wheeling preferred dropped s.
and Colorado Southern first preferred .
Some large blocks of United States Steel
changed hands. Southern Pacific recov-
cred to 56 and North western rallied 49,
There were feeble rallies elsewhere lead
ing to stagnati0n and the market closed
ia that state.