The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-01-31
STOCKS OF OMAHA
CONTINUE TO SOAR
ADVANCE % AND So POINTS ON
SINGLE TRANSACTION.
Vanderbilt. Stocks All Favorites in
Wall Street Today Deals Fluctuate
Wildly In Fields Affected by Rumors
of Developmentsst. Paul Feels
Effects Of Vanderbilt Buoyancy.

New York, Jan. 31.-Large realizing In Union
Pacific made the opening in that stock TO-DAY
weak and affected the tone of the general market
in sympathy. There was share OF gains, but
they were small and inclined to yield. Offer
ingp of Union Pacifc were Of 10000 shares,
which sold at 121% and 122, compared with 123
last night. Erie and Louisville s. Nashville de-
clined y Chicago, st. Paul, Minneapolis &
Omaha showed an advance of 3A and North Wes-
tern preferred rose point.
ton with the rumored import ant developments
end deals fuctuated widely during the early
trading. Chicago, st. Paul, Minneapolis u
Omaha continued its recent buoyant- course,
touching 217, rise of II points. New York
ferred IA, New Yori, Chicago s. St. Louis
second preferred 21a and Kansas City Southern
preferred 2%. Cleveland, Cincinnati, Chicago Il
st. Louis Chesapeake & Ohio, Canada Southern,
Peoria 4 Eastern, wisconsin Central, Atchisons
and Twin City Rapid Transit Company also
rose 1 to N. Prominent stocks otherwise raj
llea from 1.-the the opening depression Union Pacific
reached 1925. At IL o'clock Pennsylvania began
to share in the heavy buying Of the eastern
stocks and sold at 1884,. 80 ,5,
Inc speculative preference was clearly defined
are understood to predominant and the excited
movements In these stocks caused expectation of
some important plan affecting them. Chicago,
st. Paul, Minneapolis & Omaha scored Is points
on lght tak1ngs, and the preferred IS points on
a single transaction. Northwestern gained 6A
the preferred 9, New York, Chicago & St. Louis
second preferred 81, Buffalo, Rochester & Pitts
burg preferred and New York, Chicago & st..
Louis, Peoria q Eastern, the Lake Erie & Yves
tern stocks, Delaware & Hudson and Illinois Cen
ral to 2 Missouri Pacific, Amalgamated Cop
per, Tennessee Coal Republic Steel preferred,
Peoples Gas and Realty rose point or more and
the general list moved upwards, but with some
constraint. The movement in the Vanderbilts
showed signs Of eliminating when st. Paul was
rushed up to 1888 and United States Steel pre-
1erred advanced strongly. The Pacifcs were
tfA,t{ 1t
ed from bonds. but they were steady at noon
traders who protested disappointment over the
regular dividend declared on Cleveland, Cincin-
NATL Chicago & st. Louis promptly sold the
stock. The price broke from 1o2 to 9s and
created some heaviness in other vanderb1lts
Oma@ broke 10 from the best After a period
OF uncertainty the market moved up again and
was decidedly firm at / O'Clock. Further ad-
Vances were made Of 5 in American Express 4
IN North America, ~ in Peoria & Eastern.
IN in Illinois Central and 1 to u in Sugar.
General Electric, the United Railway Investment
stocks, United States Steel preferred St, Louis
q San Francisco first preferred, Chicago Great
western preferred B, Iowa Central, st. joseph &
Grand Island and Wheeling & Lake Erie second
preferred. Metropolitan Street Railway showed
exceptional heaviness and lost point.
Speculation In stocks was of a more conserva.
i've character during the late session. With the
elimination OF the excited buying and sensa.
market relapsed into comparative Quiet and
steaddiness Realizing sales made themselves
felt from time to time, particularly in Union
Pacihc. which sold OF again to below 100 Erie
n n preferred reacted over point from the
BEST but the general undertone was good up t.
2 O'Clock. The Wisconsin Central stocks were
bought steadily at considerably higher prices
me Ine common touching PAN and the preferred
oo9s. Reading, Metropolitan Securities and Lin
seed preferred gained a point each 1
ID Inere was must profit taking and number Of
Ieactlons OF q point or more, especially in New
! York Central St. Paul, Delaware & Hudson
sugar tennessee Coal and some Of the minol
stocks that had been strong. Northwestern fei
PACK PACK 81 and the relapse in Chicago, st. Paul
minneapolis q Omaha reached 15A. Union Pa
cihc touched the low price of the day at 121 ~
Pressed Steel Car, Steel Foundries preferred
ana st. Joseph & Grand Island second preferred
lost 1. Wisconsin; Central preferred rose rap
idly sA, Pacific Coast IN. Pacific Coast secont
preferred and Woolen preferred 1 X and Louis
vile & Nashville and Leadr1. fx.s7.ytsstz.' -
american Express advanced 10 points. Prices
came up again at some points and at ot'ers tn
| irregular. 9st9 "A
Stock quotations reported for The Journal b.
watson 4 Co., brokers, Chamber Of Commerce
Minneapolis Mime Closing figures are bid, -. 49,