The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-12
HEAVY DEALINGS
MARK OPENINGS
THOUSANDS OF SHARES OF PROM
INENT STOCKS ARE TRADED
Tennessee Coal Fluctuates in an Elk
traordinary Manner Reading Is
Also Feverish in the Early Transac-
tions Metal Group Bought for
Profitable Turn

I New York, Dec. 12--O Opening trading in the
stock market today was on a very large scale,
and In many prominent stocks there were rum
ming sales OF many thousands Of shares at vary
ing quota tions. Anaconda made a jump Of
points, National Lead was up Ia, Missouri
Pacific q, Heading " Ontario Western,
New York Central, Norfolk & Western and
American Car preferred large fractions. There
We're "a few scattering losses among specialties,
Tennessee Coal declining q.
The. extended losses Of stocks of secondary.
and minor impor lance contributed the most In
teresfing features of the early market, and the
diversion OF interest from yesterdays fayorites
was snoWnAb by q general scaling down of prices,
These, however We're of little consequence and
their relega tion to the background was marked
more more by contracted dealings than any manites-5
Its extraordinary fluctuations, and, after falling
points ran up Az to 144A Reading nuctuat-
e ed feyer,shly within range Of = over last
night. National Biscuit improved 3A,5 Federal
Mining 21a and Lead nv. Pressed Steel Car
and Knickerbocker Ice yielded 111a, Rock Island
preferred i n. ~
rather heavy. Some Of the specalties that start
ed strong receded to we'll below. yesterday, In
GLIDING .Amalgamated Copper and Sugar Lead
lost lost all Its gains Delaware 4 Hudson and Lake
Erie Western showed losses Of 2. National
Biscuit rose 6h in all, the preferred 2. Read
1ng's advance to 141& stimulated general
advance again: before noon. The New York pub
lie utilities started upward in company, Brook
lyn Transit, Metropolitan Street, Railway and
Consolidated Gas rising III @2A above yes
terday and Metropolitan Securities point.
Amalgamated Copper recovered to a point above
yesterday and American Car preferred gained
IL Bonds We're firm at noon.
Stocks comprising the metal group were bought
by traders for profitable turn, but they did
not succeed In stirring up much Of following
outside Of Colorado Fuel which was bought
heavily and carried up to SON In other quar-
:ters Of the list fluctuations were very narrow
and the general speculation quiet. Brooklyn
4 Union Gas made belated rise Of points in
sympathy with the earlier advance In local
municipal stocks. a.t rs sefs-a-
The movement that developed in the metal
stocks had wider scope later, embracing the
equipment and southern stocks Elsewhere there
was gradual peddling out of stocks, but the
demand was sufficient to keep prices on about
an even level. Spectacular fluctuations kept the
;specialties generally in turmoil. Anaconda
jumped 113S points, Colorado Fuel 3, Smelling;
~, the preferred ~, Rutland preferred 3, the
wisconsin Central stocks and Locomotive 15s az
and American Car Virginia Carolina Chemical,
Western Union, Louisville e. Nashville, Atlantic
Coast Line and Southern Railway 1@1A. H.
Stock quotations reported for The Journal by
Watson 4 Co., brokers. Chamber of Commerce,
Minneapolis. Closing figures are bid.