The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-02-02
RISING MARKET
ON " ALL STREET
URGENT BUYING UENTERED EAR
LIZ IN READING AND CoALERs.
North Western, 500, Great Western,
st. Paul, Go Up for Good Advances
Twin City Rapid Transit Off One and
Half at Noon.

New York, Feb. 2.-Gains and losses
very evenly divided in the opening quotations for
stocks today and We're small for the standard
stocks. Pacific Coast rose Ia and International
Power 2A. The trading was quiet and there
were no conspicuous features.
Urgent buying centered in Reading and the
coalers, particularly Delaware & Hudson and
Central Railroad Of New Jersey. Various other
stocks that have been recent factors in the deal
lngs received considerable attention, including
North Western, Kansas City Southern and Pa
c1hc Coast. Late buying Of Illinois Central i'm
proved 1t points Other gains of the first hour
were LackaWanna 8, Pacific Coast 3D. the sec
ond preferred e. Northwestern 2% Central of
New Jersey 8, Chicago Union Traction preferred
IN, Minneapolis, st. Paul & Sault ste. Marie
"a, and the Kansas City Southern stocks, Chi
cago Great Western preferred B. Delaware &
Hudson st. Louis Southwestern preferred, Min
neapolis st. Paul & Sault Ste Marie preferred
and Ice preferred 1 to ". Pacific Mail ran off
I and Twin City Rapid Transit u. Sustained
buying of Reading had carried it to 81 by IL
O'Clock.
Reading was lifted to 91M and Erie, the first
preferred, Reading first and second preferred,
New York Central. st. Paul. Union Pacific and
Canadian Pacific rose to ~. Central Railroad
neapolis & Omaha 9, Pittsburg, Cincinnati, Chi
cago 4 st. Louis 23a and Lackawanna 8. The
Gou1ds and southwesterns showed strength the
Wabashes, Colorado Southern and Kansas &
Texas preferred rising 1 to 1h. The industrials
were neglected. Lead Sugar preferred and To-
bacco preferred gained i. Hooking Coal Pressed
Steel Car and Consolidated Gas lost 1. Bonds
were firm at noon
The aggressive advances Of the morning came
to halt after ~ O'Clock and the market lacked
its early snap and activity. Standard stocks
were dull, but maintained their top prices Chi
cago, st. Paul, Minneapolis Omaha spurted
up points, touching 211. Pere Marquette pre-
ferred s%. N ANS ona'"e'S pre-
Congested buying was resumed late In the af-
ternoon, giving spotty appearance to the trad
ing. Reading Pennsylvania. Union Pacific and
Amalgamated Copper became features in turn,
but the pronounced strength did not promote
much of demand in the other stocks. Reading
rose points In all and Union Pacific, Pennsylva-
MIA and Amalgamated Copper 1 to ~. Chicago
Union Traction preferred got up s, Pacific Coast
~ and the second preferred 81. Northwestern
lost all Of its early advance and other Wander.
bilts were easier. 49,
Prices ran of fraction on profit taking by
room traders, but rise in Baltimore & Ohio and
Pennsylvania steadied prices. The former rose
IL and the latter LIZ. Reading touched 92%
and Southern Pacific got up a point. National
Railroad Of Mexico preferred fell ~ and Metro
politan Securities and Pullman l., Realizing II
western railroads was renewed and the closing
was irregular. ytf-.
Stock quotations reported for The Journal b,
Watson & Co., brokers' Chamber Of Commerce
Minneapolis. Closing figures are bid.