Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-18
Gains Were More Numerous
Than Losses at Opening.
FEW SHOWED DECLINES
HOLDERS OF STOCK UNEASY OVER
NORTHERN SECURITIES.
Effect on General Railroad List Mod
erate-Market Tone Improved
Losses of Points to Many.

NEW YORK April 1S.-Gains were more
numerous than losses ON the opening
transactions, but some prominent speculat-
i've stocks were among those which de-
Cined. Onion Pacific, Illinois Central and
smelling each fell is. Chicago Terminal
preferred lost point. Atlantic Coast ilne
made ansupward move of points. L. 5.
Steel preferred opened wide. selling at lO4is
and 1ni7s the latter "A record price.
Holders of stock became uneasy over The
acute Weakness of Northern Securities.
which slamped to 1875 the curb. and
threw OVER their belongings. St Paul and
MON Pacific broke in precipitate man
uer, the former rs and the latter 2ss. The
effect on the general railroad list was mod
crate, but recent buoyant specalties suf-
fered keenly. Smelling aud Hooking Val
ley declined >, Illinois Central and Della
ware and Hudson ia. and the United
States Steel stocks, Tennessee Coal ANAL
gamatcd Copper. Locomotive, Consolidated
Gas. TWIN City Rapid Transit, Canadian
Pacific. .ftchison and New York Central ].
, Atlantic Coast line lost its opening rise Of
and l.-additonal. Nervous rallying fol-
lowed extending to l and points re-
spectively in Union Pacific and St Paul,
but tine raarke was back to near the lowest
at II o'clock. Peoples Gas was marked
up rs despite the prevailing weakness, ana
Virginia Carolina Chemical gained Ia.
There was some Improvement in the tone
Of the market, but the demand died out on
the advances and left the market soft
Colorado Fuel Virginia. Carolina Chemical
and Vulcan DEFINING preferred rose =,
United States Reduction, ~ and North
American, l.
Atlantic Coast Line got above 100. Losses
ircfuded American express, 8; Consolidated
Gas, BIZ; Illinois Central. "a; Pacific Mail
=: Pipe preferred. ia, and Missouri Pa
cific. Erie. Wisconsin Central preferred.
Federal Mining preferred Distllers' Secur-
tiles. L. S Rubber preferred, Brooklyn
Union Gas. Westinghouse Electric and
Knicllerbocker Ice, to IL Union Pacific
and L. S. Steel preferred fell lower than
before. and the market was weak at noon.
Bonds were steady at noon.
But few stocks escaped losses of a point
or more during the selling of the forenoon,
and in some cases that range largely
exceeded. Sentiment was unfavorably af
feCted by the steady unloading of st. Paul,
Union Pacific, the L. S. Steel and other
metal stocks.
In the early afternoon the market picked
up sharply. Quite number of stocks re-
covered point, but the demand slachened
on the upturn.
Amalgamated Copper rose a good frac-
tion over last night.
NEW YORK, April Is. - Much of the
mornings irregularity and feverishness ex-
listed during the afternoon. After pretty
subs tantial recovery the market again
forced down. and some of the lowest prices
of the day were made. Northwestern broke
x and ST. Paul and Union Pacific were again
prominent in the late selling. A good de-
mand for lead carried it to near 49, and
there was better tone to the general list
about O'Clock.