The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-08-14
SCORE HIGH PRICES
Demand for Western Railway Stocks
Was Conspicuous and Market
Was Buoyant.
New York Central and Pennsylvania
Stocks Score Good Advance
Others Follow.

( New York, Aug. 14.-Opening prices
were higher with the exception Of Cana
dian Pacific Brooklyn Transit and Metro
politan Street Railway, which lost small
traction. Gains ran from 1 to ~ in New
York Central, Baltimore & Ohio, Union
Pacific, Wabash preferred, Delaware &
Hudson, Kansas City Southern preferred
General Electric and Consolidated Cas-
Reading opened u higher and then ran
or 70 and there were slight recessons
elsewhere on secondary quotations.
Inc market became buoyant with the
demand conspicuous for the western rail-
road stocks. Atchison was lifted 2A,
Louisville 6% and the Pacif1cs and Grang-
ers generally including the Gould group,
Manhattan, Brooklyn Transit and Anal
gamated rose 1 to TX. Reading ran off
TO below last night and the rally was
met by heavy offerings about &c. which
Kept 1t below that point. The market re-
acted before II o'clock, Louisville falling
back point. Virginia Carolina Chemical
lost n, Westinghouse Electric and In
ternatio Paper rose 2 and American
ket became dull at the reaction
A rise of nearly 3 points in New York
Central stimulated the market again
pennsylvania rose IL in sympathy. Union
racine, ST. Paul and Baltimore & Ohio
extended their gains to about points
clemson ~ and Manhattan ~. Rubber
Goods preferred and paper preferred rose
~. Reading, st. Paul and Manhattan
then reacted a point and the market be-
came dull. The firmness of New York
central Kept the market steady. Bonds
were firm at noon
New York Central was lifted nearly 4
points. There was apparent rivalry be.
tween this stock and Pennsylvania, which
sold at l26B. Gains reached points OF
~ ~SG ~.
western and Amalgamated Copper. United
states Steel preferred was pulled over g
point on his movement. Virginia Caroline
chemical fell 2k. The market again be.
came quieter at slight recessions.
The market became sluggish and hes
ltatlng IN spite of rise in st. Paul t.
higher level than before New Yorl
Central and Missouri Pacific reacted .
point on this movement Virginia Caroline
point under last night. Pittsburg, c
Z. & st. Louis, lost and General Elec
trio got a fraction under last night Cleve
land, Lorain and Wheeling sold at IS
compared with IS, the preceding sale il
April. Baltimore & Ohio convertible Ger
tlhcates sold at 81, compared with lob
the preceding sale in April. Chicago Grea
Western preferred rose 3. ~
| Amalgamated came into strong demand
on the advance in the price of copper ant
| rose buoyantly 5k, to SO. The genera
market turned strong in sympathy ant
puylng was actively renewed. Union Pa
c1ilc, Sugar and Manhattan were added tt
the class of three-point- gain. The closinf
was slightly below the best but activ'
and strong. .-...-
Sales to-day: Pacific Mail, 700; North Wester.
1000; st. Paul AZ, 500; Erie, 80, 500; Erie frs
Preferred; 10000; Erie second preferred $500
New York Central, 23,2OO; Union Pacific "A, 500
Union Union Pacitc preferred, LOO; Wabash, 800
WABASH preferred. 100; Reading, 77.ODO; Read
ing frsts 600; Reading seconds, 800; Missour
Pacific, 200; Kansas & Texas, loo; preferre,
$500 Louisville 4 Nashville, r6,70O: Illinois Cen
trail p 900; Ontario & NV estcrn, H. 1907 Chesu
peake y Ohio, 800; Canadian Pacific, 500
Texas 200; Atchison, "a. 500; preferred, 300
Peep too Gas 5000: Sugar 300; Tennessee
Railway, 12,7oo; preferred. 900; Baltimore
Ohio Ohio 81 1905 preferred 9d 900, Anaconda 200
1000; Great Western, 400; United State
Steel, 26,So0; preferred, $1,000; 500 1900
Twin City. 800; Amalgamated Copper, 10000
Pennsylvania. 80, 600. ~
| Stock quotations reported for The Journal b.
Watson & Co., brokers. Chamber of Commerce
| Minneapolis: ~ .-..i j.
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