The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-08-16
HARTMAN STOCKS
IN LINE LIGHT
THEY ARE AGAIN CENTER OF IN.
TEREST IN WALL STREET.
Running Sales Of $4,000 Shares Of IN
Ion Pacific Are Made at the Opening
Both Union Pacific and Southern
Pacific Play at See-saw Turnout the
Z. Day. 80. : =

:, new York, Aug 16.-Speculative excitement
~ Union Pac1hc and Southern Pacific was still
IN n evidence this morning Running sales, OF
1000 shares of Union Pacific were made at the
opening at 1921 and 1927, compored with
!ol 4ass night and 5000 shares of Southern
fas1nc sold at s2A and s2h, compared with
eAN last night. There were wide gains In few
special stocks. and 5000 shares of United States
Steel were taken at an advance of u, but the
ptcAerrea STOCK was shaded q fraction In the
general list the movement Of prices was irregu-
,At' pfoht-taKlng carrying off a number OF the
!eaoers traction. International Pump rose 2,
st. Paul, Brooklyn Transit and Smelling rose
nearly point and New York Central, Louis
vile q Nashville, Illinois Central North-Wes.
tern. National Railway Of Mexico preferred
large fractions. There was a momentary yielding
after the opening but the Hartman Pacific rose
strongly again and the dealings maintained great
animation. - .-s
BY the time the opening orders had been exc
cuted the market began to rise more comprehen-
sively, but the operations in the Pacitics, st.
!au!' pennsylvania and Amalgamated Copper
u .4 the market. Union Pacific increased
us rise to 1857 and st. Paul touched $50.
Southern Pacific had difficulty in holding it's rise
and this was subsequently wiped out when the
entlre market went off. International Pump.
Anaconda and Toledo, St. Louis & Western
gained 2, the preferred ~, Kansas City South
ern and Wheeling & Lake Erie first preferred
" and Pennsylvania, New York Central, Cleve-
land' Cincinnati, Chicago, & St. Louis, Anal
samated Copper, Pacific Mail and AllisChalmers
preferred l. Around II o'clock the market was
running on sharply, st. Paul reacting point
ana some other stocks again falling to below
yesterday's close. North Western fell /.
The general list was less effectively held by
the strength Of Union Pacific, which sold as high
as LOS The realizing elsewhere held prices
back, Southern Pacific again falling to last
| nights level and North Western 2. Baltimore
& Ohio, Reading and Locomotive preferred l
point below It, Anaconda sold at an advance
OF ., Pullman ~, Pacific Mail 2 and Central
Leather preferred l. Southern Pacific to
the top again at noon, but the general tone
continued irregular Bonds were irregular.
A succession Of brief selling spasms eventually
wiped out all of st. Paul's advance and low
cred the coalers sharply. In the general rail-
road list there was very little movement despite
the uncertain fluctuations of Union Pacific and
southern Pacific. both of which moved up and
DOWN point frequently. Chicago Union Trac-
| tion preferred rose point
When 1t became known that no announcement
Mo1la De made regarding dividend action on
ceded, Reading falling ~ below last night
Union Pacific was lifted again to near the
best on enormous transactions and prices stiff
Tened again all round. Minneapolis l. ST. Louis
rose 2, while Northwestern fell g. North Ameri
can ca ,r ~ and Colorado \ Southern and Kansas
4 Texas and Texas preferred l. Southern Pa
! c1flc weakened in the final dealings to * unde,
last night. The closing was unsettled ant
irregular. 49,, = =. = -
Trading operations were considerably reduced
after l O'Clock, pending the looked-for dividend
announcements on the Hartman pacifcs. Penn
| sylYania made squirt to above 1870, but the
rest of the list was inert until O'clock, whe1
Union Pacific dropped back to 1924.
| Stock quotations reported for Tue Journal BY
Watson & Co., Chamber of Commerce, Mime
apolis. Closing figures are bid. -