The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-11-29
GAINS and LOSSES
ARE MUCH MIXED
GAINS AMONG INDUsTRIALs;
LOSSES AMONG RAILROADS.
United States Steel Common in the
EARLY Trading Touched Yes
terday's Bull Leaders Subj ected to
Proft-Taking Movement Selling
Movement Carries Prices Down.

New York, Nov. 29.-Gains and losses were
very much mixed at the opening In the stock
market today The majority OF gains We're
amongst the industrials arid Of losses amongst
the railroads. The United States Steel stocks
and Colorado Fuel We're conspicuous instances
OF a sagging tendency amongst the 1ndustrlals.
Canadian Pacific lost point and Louisville q
Nashville Is. Distillers Securities was up I
and st. Louis Southwestern preferred ".
Large operations on both sides OF the account
A case in point was the Tas rise in United States
Steel to 32A, while the preferred was nam
mered down to 99A In other parts OF the nst
the diversity of movement was not so pronounced,
but was noticeable in some of the coaAers ana
western stocks Profit taking was on a large
scale in yesterdays bull leaders, especially Hi
nois Central. Louisville & Nashville North Yves
tern and Colorado Fuel, which fell l to Us.
In the list of advances, New York Central,
Pennsylvania, Peoples Gas, Pacific Mail and
American Telephone figured from to ~, ana
Virginia Iron 35s. Grain-carrying stocks aver
aged u or more under last night at intervals
Kansas & Texas preferred and United States
Rubber lost l. A rally in Union Paclhc from
114B to 115A was without beneficial influence
United States Steel eventually succumbed to the
weakness of the preferred and lost its rise.
average level of prices below last night. Louis
vile Il Nashville, Illinois Central and Atlantic
Coast Line lost 2, and st. Paul, the Eries, Dela'
ware Hudson Minneapolis St. Louis, Iowa
Central preferred Duluth, South Shore At
lantic preferred, Amalgamated Copper Paper
Bag, Federal Mining preferred and Cotton Oh
preferred point or more. United States Steel
touched 31A and the preferred 1895. There
were gains of 1 to LIZ in Sugar, METROPOLITAN
Street Railway, Ice preferred, Federal Mining,
General Chemical preferred and 90. But
terick. After rally of fraction, the market
became dull. ~ ~ D'E>'r. ss.s ~
Bonds easier at noon.
The collapse of the advance in Sugar, that
stock falling back to 1149A, infused an easier
tone to the market, and trading became dull:
Fluctuations in the usual favorites were trivial
Pullman soaring points and. Pacific Mail, Pipe
preferred, and Toledo, st. Louis g. Western 2
to III. $751;. =.
Congested buying OF a few stocks left deal
ings in the general market light. Amalgamated
and Atlantic Coast Line w. but the other earlier
weak features did not recover much. =. sugar
buoyantly to 15114, overnight gain OF
33s, and then reacted point. New York Cen
trail and Metropolitan Street Railway ruled z
points higher. The Paciics began to pick up
after Missouri Pacific lifted a point, and
United States Steel rose LIS In the late deal.
ings on the circulation of rumor that an Op.
ton had been secured on the Lackawanna Steel
company. The preferred stock recovered Its
loss. Jew York Central rose 3t in all; Toledo,
st. Louis & Western IA, the preferred 3, Kansas
City Southern preferred 1 u, Pacific Mail, SIS
Federal Mining g. the preferred 81 and Pope 2
Stamped fell 4, Chicago Traction preferred g.
Duluth, South Shore & Atlantic preferred IN
Lackawannas 2, and hAtchison preferred and
Pressed Steel Car 1. The irregular tone Of the
market persisted to the closing, which was very
active. 81 'j4s -. ~ ':asf
Watson & CO.., brokers, Chamber Of Commerce,
MINNEAPOLIS: Closing figures are bid, '''ti,