The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-06

OBSCURE STOCKS
in LINE LIGHT
THEY COME TO FORE IN LIVELY
BULL MOVEMENT.
High Money Gives Market a Momen-
tary Setback, but Advances Are Soon
Resumed, Showing New Points of
Strength-The Bond Market Shows
Firmness,

New York, Dec. 6.-Russian securities contin-
ued 10 advance abroad today, and stocks here,
Tree from pressure on that account, started Wig
orously upwards. There were many wide gains,
the southern iron stocks leading. Tennessee
Coal and Sloss- Sheffield Steel rose 2A, New
dork' Chlcago st. Louis g. Lake Erie Il
western "a. Kansas & Texas, American Wooden
and Missouri Pacific IL, Reading 1 Il and New
York Central, Baltimore & Ohio, Northern Pa
cine, st. Louis & San Francisco second pre-
I Tered, smelling, Virginia Carolina Chemical
alae q Leather preferred, Cotton Oil preferred
Railway Steel Spring Republic Steel preferred
and Pacific Mall point
Ihere was great variety of upward move.
ments during the first hour about thirty railroad
ana industrial stocks which appear but seldom
In the dealings rising between 1 and 2 points
Wider advances were New York, Chicago g. St.
Louis 4, the second preferred 21a, Pressed Steel
Car 3as, American Hide & Leather 23s Colorado
Southern first preferred 2s4 and Lake Erie s.
Western 3. The usually active stocks were
less represented. but Kansas & Texas got up 2,
the e preferred red and Brooklyn Transit ~ Chess-
peake 4 Ohio IN, and Pennsylvania, st. Paul
ROCK Island preferred and the Denver & Rio
Grande stocks point Realizing sales made
some impression mp on stocks that opened high and
southern iron stocks, Virginia Carolina Chemi-
cal and National Lead reacted point more.
Lead preferred sold at a decline of 2 and Vir-
glnia Iron and Knickerbocker Ice 1. The mar
IL O'Clock. ~ 49,. = 3 @s 49, ~ : -
the high opening of the money market which
carried Locomotive, Lead Virginia Carolina
Chemical preferred and Lake Erie & Western,
preferred 4 point more below last night.
fr1ces then moved up again and new points Of
strength developed. Denver & Rio Grande Can
ada Southern and Nashville, Chattanooga & St.
Louis gained 3, Texas & Pacific, Denver & Rio
Grande preferred and New York Central 2,
tennessee Coal 4, Sugar 2h. Brooklyn Transit
ana Texas & Pacific E, Land Trust 2A and
Amalsamated Copper and many less prominent
STOCKS point or more. Bonds were firm at
High Money Starts Decline. 49,.
Reactions reaching "a point or more occurred
snorty after midday when call money went I'D
70 10 per cent. New York Central Pressed
steel Gar, tennessee Coal and other similar we'll
known stocks fell back a point or more The
conspicuous buying focused again on Tennessee
coai: and Its rally to 100 revived moderate
inquiry Tor other stocks. Delaware & Hudson
ana lnternat ional Power moved up 2h and
there were additions to obscure stocks making
gains Of between and 2 - - .
Lead Takes a. Drop.
| hallroad stocks were not much of a factor in
tne a1telnoon market, the demand mostly run
mng 70 the specialties. drop of over points
IN Leao contributed to irregular tone for q
time. Federal Mining improved 4, international
rover ~, the Linseed stocks g. METROPOLITAN
Street Railway 2h, New York Chicago & st.
LOUIS lost all but fraction of it's gain
-StocR quotations reported for The Journal nv
Watson y Co., Chamber of Commerce Mime.
apous. closing prices are bid.