The Minneapolis journal., 1903-04-15
A LARGE lDEMAND
It Makes Itself Felt on the Stock
Market in the Second
Hour. II
The Entire List Lifted a Good Notch
by Noon Northern securi-
ties Steady.

New York, April 15.--Opcning price changes
in the stock market We're very much mixed and
either way. saggins tendency developed after
the opening ON active trading. Opening prices
showed gains of Is for North Western and Ice
preferred and loss of as much for Canadian
Pacific z'E .t-.s t...... j. -..-.sts5.,f
Prices did not ease of much before a large de-
mand sprung up, which lifted the entire list
above Yesterday close Steady buying of Penn
sylvania, Baltimore Il Ohio, Union Pacific, st.
PAUL Amalgamated and Sugar in large blocks
had beneficial effect on trading operations.
United States Leather advanced and the pre-
ferred:l %, with the preferred stock unusually
active. Rubber Goods, North American, Kansas
City Southern and Pacific Mail also gained a
point each. General Electric rose 2A. Balti-
| more 4 Ohio's rise was stimulated by the large
increase in the net earnings for March. Deal
ings We're on n. large scale all around and the
improvements were well maintained up to II
clock. Northern Securities on the. curb was Il
| fraction below last nights close.s = -
The buying movement continued In the second
hour. lifting number of prominent railroads aud
industrial stocks point more over last night.
North Western gaineds 25s. Reading first pre-
| ferred ?. Delaware e. Hudson IL and number
of the Gould stocks Baltimore & Ohio, Sugar,
Street Hallway and some less prominent stocks
to ! = points. In the active list, Fort Worth
Denver City stamped scored a decline of Is,
Evansville & Terre Haute preferred 3, and Kan
sas. Fort Scott & Memphis preferred Snuff pre-
ferred aud Westinghouse Electric 2. Prices re-
ceded slightly when the buying diminished and
lTduiHS became Qull
Bonds were firm at noon.
| Western stocks and of the Coalers were
pushed up resolutely again. but there was not
| much of following in the general market,
which was qufeter and hung back. Union Pa
! cifc and Baltimore & Ohio were marked above
| SO and Atchison and Rock Island also advanced
! strongly. Realizing sales forced the leaders
down trife at O'Clock and dealings became
| very dull.
| st. Paul met large selling orders when II
! touched 161 and yielded all it's advance. AL
other stocks sagged a good fraction but there
| was aggressive selling at any point. The
! market hardened later to about the top. st
! Louis Southwestern preferred advanced 2A
| while Chicago Great Western preferred A los
| Ia.
When the shorts desisted from their covering
operations the market became very dull anC
prices drifted downwards. There were adj
vances of 8 in Lake Erie and Western, ia II
Metropolitan Street Railway, and point o
over in Norfolk & Western. Evansville & Terre
Haute and United, States Rubber preferred 4
! single sale Of Westinghouse Electric preferred
made decline of q points from the preceding
sale. Manhattan sold off rapidly when it be
| came known that the demands Of the employees
had been refused The stock lost and thu
local fractions reacted in sympathy. The sell
ing movement became general and gains il
many cases were wiped out. Union Pacific
! Southern Pacific, st. Paul and Louisville wer
carried y to Is under last night, and Consoli
the closing unsettled.
Stock quotations reported for Tie Journal b,
Watson & Co., Chamber Of Commerce, Mime