The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-11-07
STEEL STOCKS in
The LIME.LIGHT
THEY HELD CENTER OF STAGE IN
ToDAY's EARLY TRADES.
Course Of the Opening Market Was Up
ward, Some Of the steels Gaining
Several Railroads, Including
the 500, Showed strength-Bonds
rim.

New York. NOV. Opening transactions in
stocks TO-DAY showed prices II action hlSher Win
a few unin.portant exceptions. The S,eel stocks
We're all prominent ana higher, except Tor Colo,
radot Fuel, which ran off " United States Steel
preferred; rose an extreme \ on running sales OF
10OO shares, aud the common rose Is III the nfst
few minutes on heavy buying. Republic steel
rose *.
The course OF the market upward on a
steady absorption but the advances IN the stand
ard stocks were moderate except in a few In
stances. The early rise reached ~ In steer
Foundries preferred, in the common, rs ID
Tennessee Coal, 2 in Third Avenue and l TO
IN In the United States Steel stocks, Repunlc
Steel preferred, Paper, Manhattan, Brooklyn
Transit, Metz opolitan Street Railway Metropoli.
tan Securities. the Corn Products stocks, Nilsson
ri Pacific, Wabash preferred, Rock Island pre-
ferred, Reading and Minneapolis, st: Paul q
Sault Ste. Marie. Rutland preferred declined
and st. Louis Southwestern l. United states
Steel touched 251t and the preferred $685..
Prices made some further advance with the In
stocks the feature Of the market. United
States Steel touched 25h and the preferred
s3H. Steel Foundries preferred rose 6A, Repub
lie Steel preferred y, Pressed Steel Car and Col
orado Fuel IN, Pipe Ia and Locomotive
Chicago Cheat Western debentures advanced ~
New American Tobacco preferred certificates 2aas
Paper preferred I vs., Cotton Oil, Realty, Allis
Chalmers and Bag preferred L. American Tele
phone fell 1N. r.
= The advance in the railroads reached / ii
Atchison, Rock Island and Norfolk & Western
M1tn q rise Oh a point IN AmalEaHldLeQ copper
the market was arm at noon. BOnBd were firm
Bulllsh interest in the market increased afte
| IL O'Clock, the grangers, Pacifcs and eastern
! stocks becoming prominent. Considerable add
ton to. the early list of stocks that advanced
| point Or more were made. st. Paul, Southern
! Pacific, Baltimore, & Ohio, Louisville s. Nash
Vile Chicago & Alton, Chicago Great Western
and the preferred A. Southern Railway pre-
ferred, Sugar, Consolidated Gas and Virgins
Coal and. Coke advanced point and Union Pa
ctfc and Pacific Mail IN; Metropolitan Stree
Railway 2 Realty preferred az, and Steel Foun
dry and the preferred 81. Minneapolis, st
! Paul & sault Ste. Marie preferred declined az
| Rapid upward progress was made by humble
Of important railroads and specialties. The Unit
ed States Steel stocks continued to be the princi
pal: fea lures and the 4 ease with which the.
worked their way higher in face of the larg
blocks that were offered stimulated the marke
in all directions. The common touchedv 26h
and the preferred s43t. Tennessee Coal extend
! ed Its rise to ~, and Union Pacific to 2. sloss
! Sheffield Steel jumped ~. Wheeling & LAX
1 Erie first preferred and Pressed Steel Car
! Erie second preferred and Illinois Central II
and Canadian Pacific, Pennsylvania, Presse
Steel Car preferred. Pipe preferred, Nationa
Enamel Car preferred. Pipe preferred, Nations
Enameling and Smelling L. to IN =
Stock. quotations reported for The Journal b
| Watson Il Co., brokers', Chamber OF Commerce
Minneapolis. Closing figures are bid.