The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-02-24
iron STOCKS HAD
A FEVERISH TURN
SOUTHERN GROUP WE'RE AGAIN
THE CENTER OF INTEREST.
sloss- Sheffield and Tennessee Coal and
Iron Sold Largely at Advanced
Prices-Soo Stocks Make Gains Also
"A Reaction Checked and Rally Led
by Amalgamated Copper.

New York, Feb. M.--The southern iron stocks
were feyerish and excited again In the opening
dealings today. Sloss- Sheffield Steel jumped
points to 116 and 5000 shares Of Tennessee
Coal were sold at 92k and 93 compared with
last night The Republic Steel stocks We're
rather quiet and were slightly depressed. The
dealings in the general list were not notable
outside of few stocks, but gains predomlnated
over losses. Six thousand shares OF Union "a
cifc sold at 1902 and 131 compared with l5oA
last night. Minneapolis, st. Paul & Sault Ste.
Marie rose AZ and Ontario & Western and Col
orado Fuel about point.
Speculative operations were not so congested
in few quarters as on yesterday, the early
demand embracing a large number OF STOCKS.
The southern iron group moved IN more ol-
derby manner and was considerably less acIiVe,
Tennessee Coal got up Az and sloss Sheffield
Steel 61.. New York Central, Missouri "a
ciic, Union Pacific and Ontario Western al
benefited materially from an enlarged demand
New York Central bid up to lo01a. STOCKS
in which selling orders were effective at the
start received support and the market IN gen
eral was strong Minneapolis, st. PAU q sault
Ste. Marie improved ~, New York Centrai
az Ontario & Western and Smelling ~ anu
Union Pacific Canadian Pacific, Missouri "a
citc Brooklyn Transit and Rubber l.. ,to 4 r..
St. Paul advanced point international rover
and United States Express ran OH o ana "a
cifc Coast, Federal Mining and Lead to ~
Some of the active features were point OF
more below their best prices at II o'clock.
The reaction was moderate, but checked tne
actlytty Of the market. Amalgamated copper
led rally with a gain Of point, and prices
recovered to the top for some stocks. WABASH
preferred, Kansas City Southern preferred, Car,
Hide & Leather preferred Metropolitan stree'
Railway and Locomotive rose 1 to "a virginia
Iron 2A and Electric Storage Battery .. Lack
awanna fell IA. Federal Mining 4. Great
Northern preferred 2A and Pittsburg, Cincinnati
Chicago & ST Louis and st. Louis Southwestern
point or more. Bonds were steady at noon.
Upon renewal Of the demand for stocks o.
first Importance, particularly New YORK cen
trail, Union Pacific and Illinois Central prices
again rose with some vigor. number OF Cd
| scure specialties were brought into prominence
and made advances of to 2 points: Ne" 1ort
Central's rise to 1915 indicated gain oVe'
| night of 3b, and was made on unusually neaV!
purchases. Union Pacific brought 1913 ana lii
noise Central and Northwestern cameo over
| point. Biscuit taken very freely ant
touched 5912.
Railroad stocks absorbed the bulk of the lat
afternoon dealings, and there was a 1urtne
| considerable expansion of the days gains. 10"
priced stocks were very active, especially hrie
| Rock Island and Southern Railway. Inc SCUM
ern group conspicuously firm, Souther'
! Railway rising X, Louisville & NASHVILLE
point and Illinois Central III. Minneapolis, ST
| Paul & Sault Ste. Marie and Virginia Iron Wen
| up on wide fluctuations, and at O'Clock rule'
| 6A and SA respectively over yesterdays clos
| ing. Other gains reached point II Erie, Penn
| sylvania, Mexican Central and Rock Island, ant
| 2 in Kansas City Southern preferred.
! Stock quotations reported for The Journal D!
Watson &, Co., brokers, Chamber OF commerce
Minneapolis. Closing figures are bid.