The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-17
ERIE TOUCHES A
new HIGH POINT.
GENERAL TREND OF MORNINGS
PRICES Is UPWARD.
specialties HID Center Of Stage
Great Northern Shows Strength in
Large Gain Spirited Trading Of
Morning Followed by Lull in Early
Afternoon.

New York, Aug. 17.--Missouri Pacific led the
obening advance in the stock market with a
gain Of 1A The strength in the market was
general and the trading showed animation.
Northern Pacific jumped 2 and Reading, Chesa--
peake & Ohio and Amalgamated Copper got
up large fractions. Otherwise the gains Were
moderate.
Considerable stocks had to be- taken before
the advance was allowed to proceed, the real
izing being notably heavy In Reading, which
fell back below yesterdays close, Atchtson
also sold under last night but both of these
stocks climbed vigorously when the advance
southern and metal stocks derived the most
benefit from the buying, but there was a, sub
stantial rise also in some of the other stand
ard stocks. Great Northern preferred rose 2A
Missouri Pacific IN, Pacific Mail 2, Mnneap-
oils, St. Paul & Sault Ste Marie LIZ : and Union
Pacific, Atchison preferred. Chesapeake & Ohio.
Louisville & Nashville, Atlantic Coast Line,
Delaware & Hudson, Cleveland G., G. & St.
Louis, Mexican Central, Arnalgamated Copper,
the Locomotive stocks, Sloss Sheffield Steel,
Biscuit, American Agricultural, Chemical and
Corn Products preferred / to III.
Prices met heavy liking again, on the
rally and ultima tely gave way. st. Paul, Ontario
& Western and number Of the eastern railroad
stocks receded to a fraction below last night,
Kansas & Texas preferred dropped Ia, Du'
luth South Shore & Atlantic 1, Lead III, al
lis Chalmers lis and the preferred LIZ. Colo
RADIO Fuel .preferred sold at decline Of Il, 10
pOluIs |Iue SSdluS were III tue ESpeC1ditAcs
United States Reduction rose 2ss, the preferred
3, Corn Products i, the preferred 81, Pacific
Coast 1, the second preferred 2 and Reading
second preferred III - Great Northern preferred
rose 4 Y and the market steadied and became
quieter at noon. Bonds were firm.
The spirited buying and selling of the fore.
noon was succeeded by dull and irregular
market. Most changes in the recognized Lead
ers were of little import aside from a TEN
porary squirt on Erie, which carried 1t up near
ly point to 49A, a record figure. Locomo
tive preferred gained 2A and Detroit United
Railway 2 Northwestern fell off ~ ant
Havana Electric preferred LIZ Great Northern
preferred sold at 321 II. 4 tt5aSt:a q ID
Slump in Lead. !,
Reawakened interest in the iron and stee
group was, reflected in advances Of between
and 1ss in the Republic Steel stocks, Tennes
see Coal and Colorado Fuel and 2 in sloss Shelf
field Steel. The United States Steel stocks
were unresponsive. Talk Of the abandonment
of the proposed lead merger accounted for tn
continuous liquidation in National Lead, whicl
sold down 3 points to 43A Very little wa
| done In the railroad section. the general specu
| lation in the standards being tame and yunin
teresting. Evansville & Terre Haute moved VI
| 2, United States Realty 3 dRutland pre-
ferred 4 points. II Es,Is = H., -:
| Stock quotations reported for The journal b,
Watson & Co. brokers. Chamber of Commerce
Minneapolis. Closing. figures are bid.