The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-02-15
PRICES ADVANCED
DURING MORNING
GENERAL TREND OF STOCKS WAS
TO HIGHER LEVELS.
Locomotive Again an Early Feature
Wisconsin Central Also One Of the
Morning ers-Amalgamated Cop
per Taken in Round Amounts-soo
Gets a Backset.

New York, Feb. 15-The opening dealings in
the stock market today lifted prices fraction
all around The principal attention was given
to spec1alt1es and Locomotive and Wisconsin Cen
trail rose about point and Tennessee Coal 70 .
The changes otherwise were small, but there
were some large transactions in the prominent
stocks. So, .....
pause in the advance occurred when Read
ing again sold freely. The stock, however,
met support after it touched 94Aa and was also
sustained by the buoyant rise in Ontario u Wes-
tern to SOS. Western stocks We're lethargic,
but without weakness. Amalgamated Copper was
taken in round amounts on its way up to 1914,
and the metal stocks generally were firm Fed
eral Mining advanced points and the preferred,
Sloss-Shefheld Steel, Railway Steel Spring, Third
avenue, Hooking Valley, Chicago Terminal pre-
ferred, Delaware & Hudson and Southern Pacific
preferred 1 to IL.
Many important stocks hung back but gains
in special stocks kept the undertone firm. Gains
of a point were made by Erie, the second
preferred, Louisville & Nashville the Rock Island
stocks, Wisconsin Central preferred, Toledo, st.
Louis & Western, Union Pacific preferred, Du-
luth South Shore s. Atlantic preferred Realty,
Virginia. Carolina Chemical, General Electric and
some minor stocks. Sugar rose actively LIZ
Toledo Railway and Toledo, st. Louis & Western
preferred IS much, Sloss Sheffield Steel 21s and
Chicago Terminal preferred 2. Union Pacific and
Reading rose fraction before noon, but the ac-
t1v1ty OF the market declined. North w estern,
Chicago & Alton, Minneapolis, st. Paul & Sault
Ste. Marie preferred and Lead declined l, Pressed
Steel Car preferred IL and Lake Erie & Wes
tern 2k. Bonds were steady at noon.
The rise In prices of railroads paused but the
New York fractions gained about point each
Hooking Valley advanced 2A, Great Northern
preferre 1 II and Canadian Pacific, Railway Steel
Spring preferred and Republic Steel preferred
IN. Chicago st. Paul, Minneapolis & Omaha
| dropped 5, Consolidated Gas 4, Nashville. Chat
tanooga & st. Louis 2 and Pressed Steel Car l.
| Operations to the rise were conducted with
more confidence in the early afternoon in view
of the increasing demand for the western repre-
sentative stocks. Union Pacific headed this
group and its rise to above 125 impaired de
cided degree of strength in the other transconti
| mental stocks. St. Paul. New York Contra
and Southern Pacific were moved up in the
| neighborhood Of point and Southern Pacific pre-
ferred gained 2k. Pressed Steel Car preferred
/ dropped to IS.
| The break in Consolidated Gas was followed
| by general movement to take profits. Somt
| stocks fell back to last nights level or below
| notably Reading. New demand developed at thu
| decline and prices recovered. Kansas City South
kern preferred lost 1ss and North American /
| Tennessee Coal was lifted 1s. American Elk
press gained 5, General Chemical preferred
and Wabash preferred 1. The closing was ir
| regular.
Stock quotations as reported for The Journa
| by Watson & Co., brokers, Chamber of Com
| merce. Minneapolis
Closing prices are bid