The Minneapolis journal., 1905-11-28
|SI0CKS FEVERISH
AT THE OPENING
EXCITED ADVANCES SEEN IN
SEVERAL sPECIALTIEs.
Lead Makes Long Upward Rush, but
Dips Against. Paul's Advance
Causes Hardening in the Pacifcs-
Reaction Is Followed Before Noon by
Show Of Strength.

New York, Nov. 2S,-There were feversh and
excited advances at the opening of the stock
market today IN large number Of special stocks.
The majority Of standard stocks, however, We're
quiet and rather sluggish with sprinkling OF
Tennessee Coal rose ~, Anaconda sA over
last night sloss Sheffield Steel and Lead 2,
Colorado Fuel and Texas Land Trust III, Re-
public Steel preferred and Kansas City Southern
preferred ", Brooklyn Transit LIS and Minne-
ap st. Ps su ss Fsens St.
ern Paclhc, Locomotive and Peoples Gas
point. There were number Of large fractional
gains also.
There We're mild fluctuations during the first
Prices varied n point between sales, and sew
eral points on quickly succeeding sales an
upward and a downward range. Leads ex-
cosl n and ae Colorado S'Is Fuel a Lead
dipped as much as sh in the interval, Ten
nessee Coal and Sloss-sheffield Steel relapsed
Island preferred, Wabash preferred, Locomotive
preferred, Lead preferred, United States Pipe
and National Enameling sold 1@1h over last
IA. STEADY realizing carried many prominent
stocks below last night before the end of the
hour and wiped out the gain in Brooklyn Tran
sit, sit, Kansas CITY Southern preferred, Locomo-
tive and Republic Steel preferred. General Elec-
tr1c lost 2 United States Steel preferred sold
under last night. The market was feverish
and irregular at II O'Clock. - a>1
st. Paul's rise to- 21k over last night caused
the Pacihcs to harden fraction in sympathy.
The !spectalties rallied also, Tennessee Coal
touching 129, rise Of 5A. Locomotive pre-
ferred rose 8, Minneapolis, st. Paul & Sault
Ste Marie preferred 2h, Rock. Island preferred
= general reaction followed St. Paul
reacted Il and Reading and Brooklyn Transit
were carried Y under last night. The Pacifcs
turned strong again before noon. Bonds were
irregular. .a = y ~
Railroad stocks again fell into comparative
obscur1ty, the forenoon squirt and subsequent re-
action completing the larger professional opera
ttons Of moment. New features developed stead
1ly among the minor specialties and the earlier
leaders also held well despite the diminished IN
terest and trading in them. American woole1l
moved up 4, the preferred 2h Knickerbocker
Ice 3, Canada Southern ~, Railway Steel
Spring IN, United States Pipe 8A. Northern
Pacific yielded 2. -.
"A half dozen or more Of the low-priced spe-
c1alt1es added to their gains largely before the
general list yielded markedly on heavy selling
reactions OF point more from the best
prices OF 1he day were common and the setback
reached a In Tennessee Coal and Sloss- Sheffield
Steel. st. Paul and Colorado Fuel retained
siderable number Of stocks were driven material
~ below yesterdays closing. Smelling got down
2B and Amalgamated Copper, North American
International Power, Union Pacific and Reading
l l@AA. Ihe advances referred to included Cot
ton Oil 3h, United States Pipe 3. Virginia
| aroltna Chemical Lead rebounded to 81 q
| but the general market remained under pressure
Ihe Following stock quotations are Furnished
f9r Ihe Journal by Watson & Co. brokers
Closing figures are bid =