The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-06-28
STOCK
PRICES ADVANCE
SECURITIES OBSERVATION-DISCLOSURES
SHOW GOOD GAINS IN MARKET.
st. Paul, 500, North Western, Omaha,
and Northern Pacific Go Up-Twin
City Rapid Transit Gains Great
Northern Declines Canadian Pacific

New York. June 2s.-The feature of the open
Ing dealings was a rapid advancement in the
Chicago Terminal stocks. The common rose 2A
and the preferred points by intervals of l
point between sales. Buying orders we'll dis
tributed thru the list lifted prices to a high
level all around. Gains reached point or more
in Louisville & Nashville, Atlantic Coast Line,
North Western and Sugar, and to a large frac-
ton in Reading, Union Pacific, st. Paul, Can
adian Pacific and Tennessee Coal.
Realizing efectually wiped out opening ad-
vances in St. Paul and Union Pacific, but their
reaction did not prevent some advances else
where. Northwestern and Sugar increased their
rise to points and Des Moines & Fort Dodge
sold higher. An extended list of stocks made
gains Of a point or more including New York
Central, Reading, Baltimore & Ohio, Delaware
& Hudson, Erie second preferred Illinois Cen
trail, Kansas g. Texas preferred, Minneapolis,
st. Paul Sault Ste. Marie, New York, Chi
cago & st. Louis. Tennessee Coal, Pacific Mail,
Union Bag preferred and United Railway In
vestment preferred.
There was reaction in Chicago Terminal
preferred of 3 points, Chicago Union Traction
preferred declined 3, Rubber Goods preferred
IL and Federal Mining l. Near IL O'Clock
St. Paul rebounded from 17eh to 177A and
Union Pacific recovered to 1885. Reading NEAL
while lost Its point rise.
The rise of ~ in Baltimore Ohio carried
with it Pennsylvania, Chesapeake q Ohio and
Reading second preferred to the extent OF a
point Northwestern mounted Z points Chi:
cago, st. Paul, Minneapolis Omaha and
Northern Pacific 4, which had some sustaining
euecC OF. western RAILROADS.. Ledu, Midway y
Investment, Wabash preferred and Canadian Pa.
| citc gained 1 and Twin City Rapid Transit and
New York Central 2. Realizing was continuous
in some parts of the market. Bonds were firm
at noon except for weakness In Japanese gov
ernments. :2r -
All Of the stocks comprising the Pennsylvania
group were bought with confidence and sold sub
stantially above their earlier high prices. Bal
timore & Ohio figured for rise of points
while Reading touched 1904. The market
finally showed steadier undertone and there
| was more general interest manifested In {
| large number Of usually neglected stocks. Chi
cago, st. Paul. Minneapolis & Omaha made
| buoyant rise Of points, while st. Joseph
\ Grand Island, first preferred got up 3. Grea
Northern preferred and Realty declined I and
points respectively.
| Stocks that had shown some inclination II
| lag were taken up in the afternoon. especial.
| Union Pacific and United States Steel preferred
Pennsylvania group and all other earlier stron
| features held up well. Union Pacific, Erie frs
1 preferred and Manhattan gained a point each
Consolidated Gas lost IN.
/ Southern Pacific rose point before sell1n
i to realize on the days profits made some efec
On prices. There was a reaction of on Chi
| cago Terminal preferred Wisconsin Contra
4 preferred dropped " and Pump 8. Wells-Farg
Express sold at a decline of Is points. Louis
vile & Nashville led a recovery with an aggres
sive rise of 31s. Atlantic Coast Line and Peori
& Eastern gained 3, Baltimore & Ohio 2ss, Ches
apeake & Ohio and number of minor stock
1 to IL. There was some renewed realizing an
Il the closing was below the best and unsteady.
! Closing quotations reported for The Journal
! Watson & Co., Chamber Of Commerce, Mime
apoliS Closing figures bid. ..'...