The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-14
NERVE RECOVERED
ON WALL STREET
MARKET ADVANCED COMPREHEN
sIVELY AFTER THE OPENING.
In First Trading, Amalgamated Copper
Lifted, as Did Sugar and Northwest
ern-Fluctuations Were Not Violent
Fall at II o Clock.

New York. Dec 1.-THE majority OF stocks
were lower than last night on the opening quota,
lions today but there was a good showing OF
gains and the fluctuations were not violent.
Amalgamated Copper was lifted Is and Sugar
and Northwestern point. United States steer
opened off " and the preferred b, but the
latter rallied X Atchison feil ~ ontario q
Western point and United States Leather "A.
Reading, after opening Off u, rallied point.
The market advanced Complementary aIter
the opening. Room traders helped along tne
rise by bidding uD stocks on the shorts Inc
coal stocks made the best display Of strength,
but some Of the southern and western STOCKS ana
specialties which have recently been bear targets
bounded up strongly Atehson raii,ea only my
prcportionately with the list During the hrst
hour advances We're recorded OF 8 IN Dela"are
& Hudson and Pittsburg, Cincinnati chicago q
St. Louis, 234 in Tennessee Coal IN to !B
in Amalgamated Copper, Colorado Fuel, Brooklyn
Transit, Louisville and Nashville, Illinois Cen
trial. Norfolk & Western and Missouri Pacific,
Reading, United States Steel preferred and some
others. The market fell on traction at IL
o'clock.
On the reaction very heavy buying orders re-
appeared in coal stocks and the market rallied
Hudson and North western 4, Baltimore s Ohio
IN, Norfolk & Western, Central of New Jersey,
Louisville & Nashville; Kansas City Southern and
Sugar 2, Steel Foundries preferred
Great western debentures 2 to 2%, ane
| Pennsy lvan1a, chesapeake o. OnlO CANADIAN "a
cihc and Mexican Central point. The market
| then became quiet at fractional reaction
Bonds were firm at noon.
Prices did not suffer much by the suspension
of the mornings vigorous demand, and after
! long interval of dullness stocks were brought
forward as leaders. United States Leather
stocks became very active the common touching
TN and the preferred 1O31s. st. Paul ant
United States Steel stocks reached fraction
ally higher level. and there were gains of 2 to
points in Illinois Central, Kansas City Souther,
preferred, st. Louis & San Francisco secon
preferred and Hide & Leather preferred.
With a reaction to 65% in Amalgamated Cop
per, prices yielded, declines running to rs Il
Sugar and point or over in Reading, Norfol
& Western, Louisville g. Nashville, Missouri
Pacific, Tennessee Coal, St. Paul. Colorado Fue
and Leather preferred. Amongst dormant stock
there were jumps Of 10 in Lackawanna,
Great Northern preferred, 81 in Pullman an
~ In st. Louis Southwestern preferred. Atch'
son sank to 1 "a below last night.
There seems to be much determination to hol
prices and the days gains were rather easil
yielded. number of stocks fell below las
night Atchison to the extent of 3, Consolidate
Gas 2A, Amalgamated Copper q Union Pacif
IL and Southern Pacific, st. Paul, Rock ISLAND
Wabash, Kansas & Texas and United States Ste.
/. The closing was weak and at the lowest.
, Stock quotations reported for The Journal
| Watson & Co.. brokers', Chamber of Commerce
Minneapolis. Closing figures are bid.