The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-02-14
LOCOMOTIVE FLIES
HIGH At OPENING 81
BY SUCCESSION OF RAPID AID.
VANCEs RISES FIVE POINTS.
500 Railroad Keeps It Company Half
Way, Advancing 21a ints-Later,
Locomotive Fell Back 211l2-Wisconsin
Central Shows Considerable Strength.

New York. Feb. 14.-Opening quotations for
stocks today showed wide advances in the
1ndustrials and minor railroads. Locomotive was
a feature, opening up point and extending the
gain to s points by wide advances OF as much as
1 - points between sales. Colorado Fuel, Tennes-
see Coal,s United States Rubber and Republic
Steel preferred advanced from a large traction
to over point Minneapolis, st. Paul 4 sault
Ste. Marie gainedg2h and Ontario q western,
Canadian Pacific and Kansas City Southern pre-
ferred VI ere I'D from large fraction to over
point. -
Railroad stocks participated very sparingly in
the buoyant upshoOt Of certain industrials. The
hesitancy OF the standard railroads soon caused
realizing in the specialties, and some of them
weakened decidedly Locomotive reacted 2a
and Tennessee Coal, Leather and the Metropolitan
stocks were forced a and a below last week s
closing. The dropping tendency in railroad stocks
caused by the selling moderate apart from
Reading, which fell under e5. Canadian Pacific
developed aggressive strength around IL O'Clock
and rose rs. Other momentary gains included
Sh In Federal Mining preferred, 2 in Locomotive
preferred, LIZ in Kansas City Southern and
70 u In Wisconsin Central preferred, New York,
Chicago st. Louis, American Car, the Sloss-
Sheffield Steel stocks, Railway Steel Spring and
Pacific Mail. Some of these were considerably
reduced when the selling became general. West.
tnghouse Electric lost 1% - -E$
The occasional strength of special stocks was
onset by the selling of Reading, which carried
1t down IN. Colorado, Fuel rose nearly and
Metropolitan Street Railway was lifted a point
HeEe Mdi4uette gained 312, Wisconsin, Central
preferred and New York, Chicago & st. Louis
second preferred 1. Consolidated Gas lost 1 a
and General Electric t. The trading as q whole
was dull. .-
Bonds were steady at noon.
STOCKS were marketed rather more freely ant
| number of the early substantial gains were
cancelled The undertone was manifestly heavy
despite the temporary sustaining effect produced
by the bidding up of selected stocks. This lis
| included st. Louis Southwestern, Wisconsin
Central, Minneapolis, st., Paul & Sault Ste
Marie preferred, Chicago Terminal preferred
| Rubber Goods and United States Rubber pre-
ferred, which scored gains Of between and ;
points. Among the declines Delaware 8 Hudson
| figured for IA and Colorado & Southern, Hook
| ing Valley, North American and Chicago Uniol
! Traction preferred 1 to ~.
| The Indifferent character OF the morning
| speculation was reflected in further marked
| contraction in the dealings, and scarcely any O.
| the usually active features varied thai
Is from the noon range Of prices. The market
If anything, was easier. Rather active buy1ni
OF Norfolk & Western and st. Louis South
western preferred advanced them and IN re
spectively. and Brooklyn Union Gas gained ~
Third Avenue Railroad fell off a point ant
| United Railway & Investment preferred 1 "A.
Stock quotations reported for The Journal b!
Watson g. Co., brokers' Chamber of Commerce
Minneapolis Closing figures bid.