The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-03-22
STOCKS ADVANCE
ON WALL STREET.
BULL MOVEMENT IN GRAIN CAR
RIERs ENLIvENs MARKET.
hesitation and Irregular Prices Mark
Opening-Supporting Orders Check
Decline-Heavy Buying of Union
Pacific Met by Selling Orders, but
re4tx - =
Changers Bound Upward.

y New York. March 2a.-The tome Of the
opening stock market to-day was hesitat-
Ing and Irregular. United States Steel
preferred opened down quarter on q sale
OF 100 shares and then fuctuated uncer-
tainly. st. Paul opened up * on the
transfer OF hundred shares and then lost
It on offerings Of upwards Of thousand
shares. Changes generally were small
The market became heavy in tone,
prices running off slightly In sympathy
with the pressure against st. Paul. Mis-
souri, Pacific, Pennsylvania and United
States Steel preferred.
supporting orders checked the declines
ana there were full recovertes in a num-
or OF leaders. ST, Paul. Pennsylvania,
Union Pacific, Amalgamated, Sugar and
Brooklyn Transit rose slightly over last
night.
The market did not hold we'll on the
rise. Material changes were made in some
OF the less known stocks. Great North
ern advanced ~, Consolidated Gas IN
and Union Pacific preferred and Detroit
Southern l. On the other hand Colorado
u Southern declined /, Allis Chalmers ~,
the preferred 8, Westinghouse Electric ~
and Pere Marquette ~.
Missouri Pacific hardened to point and
prices We're at the lowest when very
neavy buying movement In Union Pacific
rallied the whole market. That stock rose
~ over last night, and st. Paul. South
more. Fractional advances obtained else
| where.
Bonds were steady at noon.
Heavy selling orders appeared in Union
Pacific when it reached 791a and it re-
lapsed sharply dragging the market down
| with it. 7110 =
The bull movement in the grain carriers
was resumed, however, and Union Pacific
bounded up to 801, rise of ~, and ST.
Paul crossed 146. Northern Securities
moved up 81 on the curb.
Other advances included a point in Mis-
souri, Pacific, Atchison, Reading and Bal
| timore & Ohio and 1A in Southern Pa
! cific. Brooklyn Union Gas jumped 5 on
| one transaction. Union Pacific reacted IL
| and pennsylvania and St.. Paul a point
United States Steel preferred and Anal
gamated only got a fraction over last
| night
The heavy absorption Of Union Pacific
| was resumed Purchases of 1000, 1000,
5000 and 1000 shares were made fire.
quently. The price touched 50 and the
preferred stock o. Southern Pacitic's
rise reached IA. ST. Paul and Omaha
dropped 10, and American Express and
Atlantic Coast Line gained 2 and IN re-
| spect1vely. The general list did not get
higher than before except one or two
stocks, which added slight fraction
lnt1matton was given of Forthcoming
| statement OF the plan fo> distribution OF
| northern Securities assets. Union Pacific
rose to 85sand Northern Securities on the
curb to within a shade Of par The rest
OF the market was only moderately active
and steady. Realty preferred fell III and
Alls- Chalmers preferred 81. Consoli-
dated Gas gained 8. The closing was
active and firm =
Stock quotations reported for The Journa, r,
watson & Co., brokers, Chamber Of Commerce
Minneapolis: r ~. = w
| Closing figures are bid ,u.