The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-07-28
.LACKAW ANNA HITS
A NEW HIGH POINT
WHOLE MARKET SHOWS
STRENGTH AND ACTIVITY.
Feeding Of Early Demand Fails to
Break Prices Illinois Central a
Conspicuous Feature-Several Rail
roads of the Northwest Also Show
Marked Gains.

New York, July 2S.-Prices started upwards
with good showing Of yigor and on small
distribution orders. Illinois Central was con-
spicuous with an advance Of 1A by halfpoint
Intervals. General Electric sold u higher than
the previous sale, and running sales of Smelt-
ing were made en- an cA1reme advance OF q
Joint. There were large fractional gains also
cage s ST. Louis and Metropolitan Street Rail
way.
The market showed degree Of breadth and
animation which 1t has lacked for some time.
The feeding of the demand for most of the prtn-
cipal active stocks kept their gains within frac-
tional limits it. Illinois Central was conspicuous
Missouri Pacific, Kansas s. Texas preferred and
Canadian Pacific made gains of to w. Della.
ware & Hudson. Lackawanna, New York, Chi
cago q st. Louis, the first preferred, St..
Louis s. San Francisco second preferred. Mime
apolis, st. Paul & sault Ste. Marie preferred,
PEOPLES Gas, United states rubber stocks and
Steel gained 4. There were declines of l to a
in Reading first preferred, Allis- Chalmers pre-
ferred and Federal Mining preferred. Profit
taking checked the rise and there were frac-
in Reading on large Transactions steadied the
market a
Illinois Central rose an extreme 81 and new
points OF strength developed elsewhere. Mis-
souri, Pacific was lifted and Wabash preferred
rs and Lackawanna rose s to 404A, record
price. Union Pacific, North Western, Great
Northern preferred. Central Railroad Of New
Jersey, Colorado Fuel Steel Foundries preferred
and American Wooden also rose / and Tennessee
Coal 2. The market was quiet at noon, but
prices were we'll held. Bonds were firm at noon
With the exception OF a rise Of "a point OIL
Baltimore & Ohio the movement at was
In minor stocks Peoria & Eastern u
Pittsburs Coal preferred PA, North American z
st. Louis & Southwestern preferred and Fed
eral Mining TX and Locomotive and Iowa Cen
tral stocks and Rubber Goods L.
Prices Recede Slightly.
Prices receded slightly in the neglected con
dition into which the trading fell. A few spe
cIaties only continued to advance. Peoria
Eastern jumped Z light purchases, Contra
| Leather rose Ia and American Car l..
| O'Clock st. Paul got point over last night fo
the first time during the day, and the list gen
| orally hardened in sympathy. p
| Important stocks which rose late in the day
| after tagging in the early dealings, We're tn,
| United States Steel stocks, Anal gamated Cop
a point. Sloss- Sheffield Steel gains reached 5
General Electric 4, st. Louis Southwestern pre-
ferred 3, Atlantic Coast Line Iowa Central pre-
| ferred, St. Louis & San Francisco second pre-
ferred, Smelling and Steel Foundries preferred
2 to IN, National Biscuit preferred 1A, Chi
cage Union Traction preferred ~ and Presse,
| Steel Car 1. Prices We're we'll held up to thu
closing, which was firm. a.. g. TX
Stock quotations reported for The Journal b,
Watson s. Co., brokers, Chamber Of Commerce
Minneapolis. Closing figures are bid.