The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-10-20
STOCK MARKET
TAKES A..'BRACE'
LONDON DEPRESSION FAILS TO
INFLUENCE WALL STREET.
Prices Rise Almost Without Exception
Following the Opening - Operations
In Industrial specialties Are Con-
spicuous-American Snuff Makes an
Advance Of Fifteen Points.

New York, Oct. 20.-The heavy tone Of the
London market was without influence IN the
opening transactions in the stock market here,
and prices advanced practically without excep
ton. The industrials were prominent, General
Electric and Republic Steel preferred rising
about point and Locomotive and Central
Leather large fractions. Canadian Pacific and
Missouri Pacific also showed sharp fractional
gains. American Car reacted V from its ad-
vance Of yesterday.
operations We're conspicuous in several in
dustrlal spec1alttes. Room traders were dis
posed to follow up the broadening speculation
IN these stocks, comprising, as they did, a
large percentage OF the total transactions Rep
with the specialties, but their advances were
Less significant. Locomotive was the leader and
Its jump OF 2A was supplemented by 2-point
Spring, Sloss- Shefield Steel and Northern Pa
chic. IN in Central Railway of New Jersey
ana paaa american Teia Wsoen and to in Missouri
Pressed Steel Car, Colorado Fuel Allis-C Chalmers
preferred United States Pipe and Havana Elec-
trio. go -
There Were some reactions profit taking,
but other industrial stocks were pushed for.
ward Into prominence. The railroad list made
some progress, but moved narrowly. The rise
IN IN. locomotive reached aM to IS, and American
W. Mool en.r rose as much American Snuff sold at
an an, ADVANCE OF 10 points United States Rubber
gained 2, United States Reduction preferred Z
and International Paper, Corn Products, Steel
n o,nt preferred and New York Air Brake
point In the railroad list St. Paul. Louisville
Nashville. Atlantic Coast Line, Norfolk 6
| western. Delaware & Hudson, North Western
minneapolis q ST. Louis, Fort Worth & Denver
Caty and Colorado Southern preferred at ad
| yances of to III, and St. Joseph & Crane
Island second preferred 2. Bonds were steady
| at noon. - T.. & ~.
The market broadened out materially durina
| tue noon hour and embraced number of rail
ROAD STOCKS after moving practically every in
austrla! stock In the list The volume of bust
| ness also increased considerably The coaler.
| ana the trunk lines and number Of high
priced railroad stocks led in the movement. Cen
! tral OF New Jersey rose s, Delaware & Hudson
! 33a, Northern Pacific 3A, Northwestern AM
Heading, New York Central, Union Pacific, I'LL
nols Central and number of others a poin
OF over. In the industrial department American
Dlstrict rose 8 and Sugar, Corn Products pre-
ferred and North American or more
| Inc market rejected the realizing sales of tn
traders, but the slightest reactions led to dull
ness. subsequently there were renewed bullisl
demonstrations In various stocks, particular,
Brooklyn Transit, which rose points. m
Metropolitan stocks and Baltimore & Ohio ais
advanced 1, United States Realty ~ and Lon,
man IN. .>s7E - * -, =,
| There were advances Of 81 in Locomotive pre-
| ferred, IN in Minneapolis, st. Paul and Saul
Ste. Marie preferred and IL in Vulcan Tinnin
ana 1 In Hooking Coal. The general list was in
chned to slip back with a subsistence of activ
demand. Brooklyn Transit made late rise
about 76as and sustained Newmarket. Souther
| Pacific and United States Steel came into tn
l.po1nt gains. The closing was active. an
strong.
Closing quota lions reported Tor me Journa
by watson Il Co., Chamber OF Commerce Mir
neapol1s, MINI. Closing prices are bid.