The Minneapolis journal., 1903-04-17
A BUID Nl(||1lMIOY OYl'EME|;Nl|T ] !. |
flt.l-
Il Assumes q Broader Scope and
Stocks Are Bid Up Aggres-
siyely.
l ias nv s,ss$s ~ 8&f
The Buying Us Renewed After q
Temporary Hesitency and
the Market is Strong.

New York, April II Prices generally opened
a small fraction higher Manhattan showed
gain Of IL and Baltimore 8 Ohio was carried
other hand dropped two. points and induced
some hesitation elsewhere in the list.
& The purchasing movement assumed q broader
scope and stocks which have Jagged since the
elimination Of the bear movement We're bid up
aggressiyely. There was a resumption OF the
late confident buying Of the PENNSYLVANIA and
Could groups p Top prices for the hrst hour
;rado Fuel two in General electric and a point
or more In Baltimore & Ohio, Norfolk & Wes.'
tern Reading, Delaware & Hudson, Missouri
vile, Cleveland. Cincinnati, Chicago s ST Louis.
National Railway OF Mexico preferred, Colo
rado Southern second preferred, Brooklyn Transit,
Sugar and Republic Steel preferred. Lacka-
| wanna jumped "a points, while st. Louis & San
Francisco lost 4 u and Metropolitan Securities
In. Metropolitan; Street Railway Recovered
half Of its loss in sympathy with the general
market, but when 1t reacted to 13lA the market
reacted slightly. IL .st p
There was some temporary hesitation in the
buying but it was renewed and the advance in
prices continued. Union Pacific, New York
Central, Rock Island, the Wabash stocks, Texas
& Pacific North Western and St. Louis & South
western preferred. of the railroads, and the
Smelling stocks Peoples Gas, United States
Rubber Rubber Goods preferred, louisville and
Hide and Leather preferred, and Grass Twine.
of the lndustrials, were brought Into the list at
one to two points advance. Lackawanna rose
eight, New Haven four Westinghouse Electric
/ first preferred FIVE, Baltimore & Ohio preferred
l2A, Colorado Fuel three and General Electric
| 3A points.
Bonds were firm at noon, rEl.:fg + $500
! Some of the standard stocks, which had not
| risen point In the forenoon advance, were
| brought up to that level after midday, notably
st. Paul, Atchison and Amalgamated. Various
! other leaders Increased their advances slightly
| and there was better inquiry for dormant
stocks. st: Louis & San Francisco turned al
| early loss of 1M points into an advance Of two
points, and the second preferred also gained one
1 point. General Electric extended its rise tx
Sly. SAT s.,...s,
The market maintained its strength until lat,
in the day and there were some material gain
in the metal stocks following the jump of 81
points in Colorado Fuel. A raid on Metropoli
points In short order, unsettled the market an,
prices all around reacted sharply. Declines from
1 the, best ran to about a point in number O.
! leaders, especially Manhattan, Tennessee Coal
/ Southern Pacific, Union Pacific, S. Paul, New
York Central, Baltimore & Ohio and Reading.
II Metropolitan securities and Third Avenue fel
five points. ~ ~. 80 -: =.
4 Metropolitan Street Railway rallied point
outpouring Of long stock. Metropolitan securi
ties fell an extreme 5h, and Third Avenue 81
| points. The sympathetic weakness in the ger
a eral market resulted in wiping out the create
Il part of the gains. and q few conspicuous stock
shorts covered and rallied the market. Metro
politan Street Railway recovered 2h points
Metropolitan securities four, and there wer
some sudden. rebounds elsewhere, The :closin
was irregularly strong. ~ -
;; Stock quotations reported for The Journal b
Watson & Co.,a brokers' Chamber Of, Commerce
Minneapolis: = ~. -s4g;r an @..az> .rr.-..
Closing figures are bid s.,,S