The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-09-26
BUYING MARKS
WEEKS OPENING.
ATCTIIsON rs THE FEATURE AT
THE START.
500 Preferred, Is One Of the Early
Risers-st. Paul Also in Demand
The Firmness During the Morning
Hours Was Marked-southern Rail
way Depressed.

New York, Sept. 2e.-The weeks trading in
the stock market opened with prices small
opening sales of $500 shares at SO to s3A, COM
pared with S2h last week. a few Of the
minor western stocks also showed large frac-
tional gains. decline of q in Metropolitan
Securities and of "a In Southern Railway were
the only exceptions to the advances
The market advanced steadily on increasing
activity during the first hour. Missouri Pacific
rose point and other representative stocks from
n to Il. Erie. st. Paul, Union Pacific and the
United States Steel stocks were bought heavily.
Metropolitan Securities recovered its opening
Minneapolis, st. Paul & sault ste. Marie pre-
ferred Hooking Valley preferred, st. Louis &
San Francisco second preferred Third Avenue
and Realty preferred gained 1 to n, and West
inghouse Electric gained IN. -.
The market was very firm, but advances in
the prominent stocks were not much extended.
United States Steel preferred rose rs, and
Atchison, Baltimore g. Ohio, New York Central
and Amalgamated Copper u to ~ There
were besides, to 2-point advances in number
of the coalers, junior Vanderbilts the Iowa
politan Street Railway and United States Realty.
Southern Railway was depressed by the wreck
on its line. Bonds were Irregular at noon.
More aggressive buying of the standard rail-
road stocks arose after midday and the special
ties and minor railroads became quiet. Yves
tern and Northwestern stocks were most in de-
mand and St. Paul, Union Pacific, Cana dian Pa
advanced to ~. North Western jumped 21A
and Pennsylvania, Delaware & Hudson, Louisville
& Nashville, Manhattan and Metropolitan Securi
ties also sold point or more higher.
MINNEAPOLIS, Sept. 26- Bank clearings to
day, $3,414 535 :16. New York exchange, sell
cago exchange, selling rate, zoe premium; buying
mentary exchange, $4.s31s.
PARIS, Sept. 26.-Three per cent rentes, 81
92he for the account; exchange on London, 25
BERLIN, Sept. 2s-Exchange on London 2on
4oA pigs for checks; discount rates, short bills
"a per cent; three months bills, per cent
ST; PAUL. Sept. 2e.-Bank cearings today
LONDON CLOSING STOCKS, Sept. 2e.-con
soils for money, SS1s consols for account, SSM
ferred, 1oa1z Baltimore & OHIO, eo% Canadian
Pacific; lso%; Chesapeake & Ohio, 42%; Chi
3 St: Paul, 1852; De Beers 1875; Denver & Ri,
Grande. 29A Denver & Rio Grande preferred
! ~; Erie. 317s; Erie first preferred, 50; Fri
second preferred, 471h Illinois Central, 1421a
Louisville & Nashville. 1919; Missouri, Kansa
&, Western. soy Norfolk & Western preferred
6715; Rand Mines, ioE: Reading, az; Reading
first preferred, 49A; Reading second preferred
3sA; Southern Railway, 33h; Southern Rail
Pacific 1O37s; Union Pacific preferred, So; Unit
ed States Steel, 1875; United States Steel pre-
fe fer 1lh: W s1sy' 21a; Wabash preferred
Bar silver firm; 2oAd per ounce. =, u
Tie rate Of discount in the open market TO
short bills is 2 5-16@2ss per cent. The rate O
discount in the open market for three months
bills is 2as OPS per cent.