The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-03-02
Chicago Stocks.
BROKERS VIEWS ON
THE STOCK MARKET.
Ia. ". Thornson.l

NEW YORK. March Prices. as rule. ~ere
firm The buying of Mexican Central was at
tributed TO Speyer & Co. Amalgamated Copper
was somewhat Of feature and was exception
ally strong. A number Of railroad statements for
the month of January We're given out Consider
able interest was shown in that Of the Rock
Island showing a net decrease for January OF
$685. a There nothing in the way or news
from the far East and the market continued 10
move the narrow groove, but held firm up 10
Meyer & Kiser.l
NEW YORK March This has been the
duIlest day in the stock market for long time.
and it is needless TO say that IT was wholly pro-
fessional. extremely narrow and not at all sub
Jet to the influences which usually influence
the trend Of prices The market was firm enough.
and many of the active stocks showed advances
All increases in price however, were fractional.
There was a slight attempt 20 mark up some Of
the minor pool stocks, but IL was not effective
The active stocks to-day were Pennsylvania.
Amalgamated Copper preferred. st. Paul. Atchi-
son. Union Pacific and Mexican Central. Amalga-
mated Copper preferred steady throughout
and some OF the buying was regarded good.
ST. Paul continued strong throughout the day
and made a fair gain. PennsylNana was the
most active stock and advanced fractionally.
There was some good buying OF Union PACING.
but the transactions In that quarter were limited.
Mexican Central scored the most substantial ad-
vance OF the day. ana there was eNloence ot
pool work in that quarter. The Steel stocks held
wei. Sugar the strongest STOCK or the
day and many bullish rumors concerning IL We're
circulated. The rest OF the market was unnter-
esting. call money continued az about the same
rates Time money was dull. Rates for six
months are quoted at per cent, at "a per cent.
for nine months and ct per cent. for one year.
London did practically nothing i'm this market
Domestic news small. IL is understood that
the Des Moines a Fort Dodge road has passed
TO a syndicate. which paid S25 share for the
controlling interest and that the road will 10
eventually turned over 10 the Hawley interests
[Porterield & Col
NEW YORK. March 1.-The opening was
steady and. for many stocks. a fraction higher.
London quotations were all lower and the gossip
was bearish rule. Our market. however.
does not pay any attention TO London any more
and seems more inclined paddle its own
canoe every day While there was no sensational
advance or special feature 70 the days trading.
still there seems TO be the good investment buy
ing we have noticed for time past ono
good feature il the strength in nearly all the
dead stocks. The advance well distributed
and has every indication or going further Re-
cessiors are bound 10 come from time 10 time.
but on the whole. would rather purch az
even az this advance than 10 short. Even
Mexican Central was aroused from its slumbers
and made n squirt Of cent. There were few
laga,arsls and market Of its character IL has
more earmarks OF going higher than II has OF
declining. The close was dull at the top prices
OF the day.