The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-28
ICE STOCKS FALL
WITH The MERCURY
PREFERRED GOES DOWN AN EX-
TREME OF 1s4 BEFORE NOON.
Promise of Good Crop In Cold Wave
Doesn't Prevent Slump Early Mar
ket Generally Showed an Advance
Rock Island in Demand at Higher
Figures Than Yesterday.

New York Dec. 2S.-The prices advanced q
small fraction all around on moderate volume
Of opening dealings in the stock market today.
Canadian Pacific led with u rise Of l ". Balti-
more L. Ohio gained about point, and Atchison
and Analgamated Capper large fractions. Thirty
five hundred shares OF Rock Island sold at 81 and
36M, compared with 36a4 last night.
S Leading members of the various groups were
pushed resolutely upward causing sympathetic
general rise, and the market gained IN ANNA
ton. st. Paul, Reading, Chesapeake & Ohio,
Illinois Central. Arnalgamated Copper, Colorado
Fuel and Consolidated Gas were conspicuous at
intervals and sold q point or more above YES
terday's closing. New York Central met selling
orders ut 145A and reacted point, and Rock
Island showed the effect of realizing. other
stocks also eased of at IL O'Clock.
The market became quieter, but showed some
fresh gains Southern Pacific and Louisville &
Nashville gained 1, and Amalgamated Copper rose
an extreme rs, There We're gains 1or New
and Pullman Of 2, Reading second preferred,
Realty and Hide & Leather preferred IL, and
Chicago Great Western preferred B, Chicago Ter
minal preferred, the Kansas City southern STOCKS
motive preferred Corn Products, Rubber Goods
Distillers, Steel Foundries and Railway Spring
preferred i to IN. Ice preferred fell IN ano
Paper l. ~, ..... s..r' s...
Bonds were firm at noon.
Room traders took more interest in the special
ties and the greater part Of the midday business
was in the car equipment. industrial ana aro1
|
dries preferred and Colorado Fuel increased theil
gains to points United States Steel Republic
Steel preferred locomotive, Sloss-Sheffeld, Rub
Der preferred and Leather preferred moved w
to IL. Union Pacific was in better demand
| and its rise of point served to keep the Other
western stocks steady. Hooking Valley pre-
ferred Wisconsin Central preferred and Chicago
! Terminal also gained a point each.
Many additions to the advance in the special
ties were made during the afternoon, notabl!
United States Steel preferred, which sold a
93%, but the railroad list was inclined to droop
| Locomotive got up points in ALL Steel Foundrie
preferred 8; and the average rise in this clas
| of stocks exceeded a point. international Pum]
preferred, Brunswick, Pressed Steel Spring, Kan
sas & Texas Pacific Coast first and second pre-
ferred, Denver & Rio Grande,. Evansville I
Terre Haute and Detroit Southern preferred i'm
| proved 1 to 1 u, and Lackawanna 4. Ann Ar
Dor declined /, Delaware & Hudson 27a an
| Wells-Fargo Express 3. .,.*s .... ..ss5 s.
| Amalgamated Copper's advance to 3as owe
last night was the mainstay Of the market in tn
| final hour Tennessee Coal rose TX, Missouri
Pacific, Atchison and Wheeling s Lake Erie frs
preferred were lifted a point, and some of tn
| railroad stocks got fraction higher than before
The closing was quite active and firm.
| Stock quotations reported for The Journal
| Watson & Co., brokers, Chamber of Commerce
Minneapolis. Closing figures are bid.