The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-19
LONDON .HEAlINESS
AFFECTS STOCKS
HEATHER DECLINES UNDER
LIQUIDATION AT OPENING.
Irregu1arity Characteristics EARLY Trad
I Strength Becomes General I'm
der Heavy Demand for United States
steel-Amalg Copper Fluc-
/ tuates Rather Widely.

New York, Dec. ia very irregular tone char
acterized the weeks opening dealings in stocks
today. The market was affected to some extent
by the heavy tone in London and by renewed
liquidation In the Leather stocks. Six thousand
shares of Leather sold ut IA and 13A compared
with 14h last week, and Colorado Fuel teli
a point. There was large buying of the United
States Steel, 1900 shares Of the common selling
at an extreme advance of ss and the preferred
rising q during the first few minutes. In the
general list gains and losses were quite evenly
distributed and did not recede beyond "a.
Trading became more active and prices ad-
vanced quite sharply In number of cases. The
large buying of the United States Steel stocks
contributed largely to the general strength.
Amalgamated Copper and various other metal
stocks were heavily dealt in and advances &C.
Cured Of to LIZ for Louisville & Nashville
Missouri Pacific, Chicago & Alton, United states
Fuel, Sugar, Peoples Gas, Brooklyn Transit ana
the Metropolitan stocks. Detroit Southern pre-
ferred and Federal Mining preferred gained =
against Amalgamated Copper caused free selling
in other quarters and the gains were practically
Cancelled. Amalgamated Copper fell back to
point under Saturdays closing.
With rally Of rs in Amalgamated Copper
the reaction elsewhere checked and prices
improved again. Pennsylvania norfolk q Yves
tern, st: Paul. Colorado & Southern, the secone
preferred, Rubber preferred and WESTINGHOUSE
Electric gained /. Metropolitan Street Railway
g. International Power 51a and virginfa-C Caroline
preferred 2%. There were declines of 1 tt
LA IN Iowa CenCral,. COnSOl1udLc leu Nds anu vi
ginia- Carolina Chemical The trading became
very dull and the movement uncertain.
Bonds were Irregular at noon. -
Representative stocks scored only triding duc
tuations in the midday session. The underton'
was firm, but business almost at standst1l
Pittsburg, Cincinnati, Chicago & st. Louis pre-
ferred and Duluth, South Shore & Atlantic ros
and the preferred and New York Air ,Brak
2h. Chicago Union Traction preferred droppe'
! points. ~ af.s-
Spirited buying of the Metropolitan stocks ad
vanced them 2 points and Amalgamated Cope
crossed 6S, gain. There was little of 1nteres
to the rest Of the market, whcih yielded slight
in spots, particularly st. Paul, Pennsylvania an
United Stats Steel preferred. Active stock
were selling off all around at o'clock on SINAI
offerings. ,....s+... =
Prices were shaded to a level near to the clos
/ ing on Saturday. There were advances Of
point in Tennessee Coal and Chicago Termins
preferred, Kansas & Texas preferred, Realty
wabash preferred and Pacific Mail fell 1:
There was a sale Of a hundred shares OF Oh
cago Burlington & Quincy at 225, recor
price. The closing was dull and heavy.
Stock quotations reported for The Journal +
Watson g. Co., brokers'; Chamber Of Commerc
Minneapolis. Closing figures are bid.