The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-11
PENN. STORM CENTER.
Dealings in Pennsylvania Stocks
the Feature Of the Early
Hours.
Price Shows Wide Fluctuations
U. $. Steel Rises Somewhat
Market Unsteady.

New York, Nov. 11.-First trading in
stocks showed very light transactions and
irregular changes In few active issues
While the general list was comparatively
unaffected. The United States Steel stocks
rose " and the second bonds n and $500
shares of Amalgamated Copper sold SIM
UNANIMOUSLY at 39h and SO, compared with
5sA last night. Pennsylvania on the other
hand was under continued pressure the
first 1000 shares selling at decline of *
Win rurther dip of " on a sale Of an
add1tional 1900 shares. The purchase Of
/ 5000 shares then lifted it ss. Dealings in
these stocks continued on large scale
with rather feverish fluctuations.
Heavy selling Of Pennsylvania which de-
pressed 1t IS to 1881, exercised a weak
ening effect on the general market. Of
i ferings of all prices OF stocks were more
abundant but recessions were generally
smaller. Amalgamated reacted to 381a.
| Baltimore & Ohio lost IN and others Of
| the PENNSYLVANIA group large fractions.
Rock Island preferred declined one and
Buffalo, Rochester & Pittsburg 4, while
Minneapolis & st. Louis moved up By
Lackawanna 37. Rubber Goods preferred
IL. and Toledo, st. Louis & Western pre-
| ferred and Sloss Sheffield Steel ~. United
States Steel preferred advanced nearly a
point and held very well.
The contrary movements in Pennsylva-
MIA and United States Steel preferred con-
/
the market. When Pennsylvania rallied
a large fraction prices showed an adj
vancing tendency and United States Steel
preferred rose above g. An announce
ment of gold engaged in London for import
helped the market. There were declines
of point in Illinois Central Iowa Cen
trail preferred, and National Railroad OF
/ Mexico. Bonds were irregular at noon.
Scarcely any business was transacted
during the midday session and fluctuations
of the principal stocks were unimportant
Tennessee Coal rose. 1 ", Locomotive pre-
ferred ~, and Westinghouse Electric first
! preferred 6.
From ia, Pennsylvania fell back to III
| under a current of offerings of 1000 tc
1 1000 shares blocks. Determined efforts
We're made to hold the stock and upwards
alof 900 shares were taken to rally it 9
quarter. The price then gave way agair
to 1129s. The market yielded in sympathy
st. Paul and Reading lost a point. North.
Western and realty preferred 2&. Stee
preferred reacted point. Cotton Oil pre-.
Ifer~ed rose S, and Brooklyn Union Gas
81. The market became steadier, ant
quiet when there was an intermission II
the violent liquidation In PENNSYLVANIA.
4 "A number of prominent stocks were
added to the to liz point losers including
Atchison. Union Pacific, New York Cen
trail, Canadian Pacific, Louisville & Nash
ville Southern Railway preferred, Brook
lyn Transit and Amalgamated Copper
Long Island dropped 5, Chicago. st. Paul
Minneapolis & Omaha 334 and Reading
I2A Car preferred rose IL. Pennsyl
vania touched 1121s and then rallied fully
Renewed liquidation carried it to l12A
The closing was rather dull and weak.
4 Stock quotations reported for The Journal b,
Watson 4 Co., brokers', Chamber OF Commerce
Closing figures are bid.