Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-17
Stocks Opened the Week
With Wide Advances
FOR MANY FAVORITES
SOME OF THE LESS ACTIVE MADE
STRUGGLING DECLINES.
Market Reacted on Liberal offerings
Industrial Specislties Actively
Traded.

NEW YORK, April 1I.-Stocks opened the
week with wide advances in many of The
speculative favorites and a few OF the less
active stocks made struggling declines.
Great Northern jumped 5 points. Atlantic
Coast Line 4. Louisville & Nashville ana
Tennessee Coal ia. Illinois Central IL. ST.
Paul and North American IA and Union
Pacific. Canadian Pacific Erie, Reading,
Locomotive and Car and United states
Steel preferred about point There were
large fractional gains in number of othsr
cases. The trading was broad and active
and the strength widely distributed.
Liberal offerings came out on the advance
and the market reacted. Union Paclnc IL
lnois Central Atlantic Coast Line and Ieh-
nessee Coal fell off ! TO ~. and New YORK
Central was driven a point below Satu"-
days closing. st. Pauis progress upward
was not interfered with seriously by TINS
selling. and it reached lS1A.
Some comment was aroused by the coun-
ter movements of st. Paul, Union Hacihc
and New York Central.
Industrial specialties were actively traded
ir and in general showed good gains. tp
to IL o'clock the market was very variable
and trading became quleter. 81. tdui ran
OF a point.
Chicago Great Western preferred and Erie
second preferred, North American and Vui-
can DEFINING improved ~ to "a and ERIE
RADIO Fuel. Iinseed preferred and the Unit
ed States Reduction stocks about point
Cleveland Cincinnati, Chicago and ST.
Louis Minneapolis, st. Paul and Sauit Ste
Marie United States Rubber preferred and
Railway Steel Spring preferred lost to W
Stocks came out freely during the second
hour and the market became decidedly
weak then rallied vigorously and became
quiet. Requirements of speculative op-
orators in wheat were supposed to induce
the selling.
Union Pacific was forced IA and Smelt-
ing 21s under Saturday and both made full
recoveries. ST. Paul lost all but fraction
OF its gain and then rose again to 1871. Bal
timore and Ohio. Westinghouse Electric and
Consolidated Gas lost to IA and the aver
age level of prices got below last week.
Atlantic Coast Line rose fraction higher
than before <Nea- H..
There were gains in Nashville. Chatta-
nooga and St Louis of 3. United States Re
duction ~; Pipe preferred =; Virginia
Iron. Is and Chicago Great Western and
Fort Worth and Denver City Stamped, l.
The tone was dull and heavy at noon.
Bonds were generally steady at noon.
The market leaders did not vary much
between II and l o'clock, but the tone was
better. Inactive stocks fuctuated widely,
Chicago Great Western preferred jumping
over and Wooden 3. Northwestern and
General Electric broke 1 and Consolidated
Gas "a.
Effective buying was limited to a few
stocks during the afternoon, particularly
St. Paul. Atlantic Coast Line and United
States Steel preferred. st. Paul and At
lantic Coast Lines extreme rise was 23s
and 5I2, respectively, and United States
Steel preferred reached 104& Railway Steel
Spring got up above 40 and Mexican Cen
trail gained point.