The Minneapolis journal., 1905-09-06
BEARS GET BACK
AT The BULLS
SCORE WITH EASE IN MORNING IS
WALL STREET TRADING.
Irregular Opening Is Followed by Heavy
Selling and Declines in Which Grain
Carriers and Metal Stocks Are Con-
spicuous-In Afternoon Market Be-
came Quieter and Steadier.

New York, Sept. 6.-The irregular movement
of prices at the opening reflected the unsettled
opinions Of opera tors in stocks. There was
jump of 81 in Delaware & Hudson, Hide g.
Leather preferred rose 1H and Illinois Central,
Texas & Pacific and Republic Steel showed good
fractional gains. Canadian Pacific was conspic-
Union Pacific ran of r. Reading opened un-
changed and after fractional advance reacted
again to below last night
.. The stock market weakened all around and
tnere were number of declines in which the
grain carriers and metal stocks conspic-
uous. 1n". Selling was on large scale, but was
largest IN few prominent stocks. United
States Realty declined 4, Canadian Pacific 2&
and Colorado Fuel, New York Central, st. Paul,
Union Pacific, Southern Pacific, Northern Pacific,
Atlantlc Coast Line, Erie, Pennsylvania, Kansas
Iexas. Amalgamated Copper, Smelling United
States Steel preferred Tennessee Coal, Sloss-
Shefleld Steel Metropolitan Street Railway and
BROOKLYN Transit to ". New Haven gained
and Enameling preferred points. Substan-
tial support for Reading, which eventually
ried 1t ~ above yesterdays close, had very
little erect on the general market, and that
stock reacted oyer point. ..-
Prices gave way again and touched a lower
level than before all around, but the principal
was against some Of the metal stocks
Coal lost ~ and 2h, Colorado Fuel 2, United
States Pipe " and United States Steel point.
Northern Pacific dropped g. St. Paul preferred
8 3A, North. western 21A. Union Pacific and Erie
Woolen lH Stocks which had shown some
earlier resistance Yielded, including Atchison,
Illinois Central, Baltimore & Ohio and Ontario
| d. Western, which lost 1 to IL. Bonds were
| heavy at noon. - - rt-.|
Little support was evident outside of Reading
| ana the market sank gradually lower. Central
Of New Jersey fell 4 points, Illinois Central,
Atlantic Coast Line, Brooklyn Transit 2 and
Louisville q Nashville. Erie first preferred Met
! ropolltan Securities, Locomotive and American
| Car 1 to 1M. Reading was ruling point
| above yesterdays final figures at o'clock, and
the list was quiet and steadier
Heavy Unloading.
Heavy unloading was resumed, even Reading
being forced down from 1911 to 11sA Values
of other stocks which had been consistently
weak all day dropped off rapidly. The chief de-
| cltnes were Canadian Pacific and North West
ern 31a, Union Pacific, Amalgamated Copper
| Smelling, Brooklyn Transit and Metropoitar
| Street Railway 27t to '2A and St. Paul, South
| ern Pacific, New York Central PENNSYLVANIA
Erie and Sugar g. General losses ran well ovel
| a point
Losses were considerably extended in the f,na
hour when the selling was actively resumed aftel
! a momentary pause. Canadian Pacifcs 5-pon
| drop wiped out all of yesterdays gain Grea
| Northern preferred fell 2N, North Western 7
| Union Pacific, st. Paul, Chicago & Alton, Anal
gamated Copper, Smelling, Tennessee Coal ant
Metropolitan Street Railway 3 to 31b, New Yorl
Central 2A; Pacific Mail IN, Reading ant
United States Steel preferred 2ar and Louisville
| q Nashville, Missouri Pacific and Locomotive
| to ~. Delaware & Hudson lost It's early gail
and Lackawanna fell 31a. Quick profit taking
| by room shorts caused a few rallies, but the
| closing was unsettled and weak
| Closing quotations reported for The Journal b,
cG Mtnn brokers' Chamber Of
| Closing figures are bid