Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-01-11
STOCKS ACTIVE,
IRREGULAR, HIGHER
Some Not Of First Importance
Made Big Advances, Going
Up Several Points.
MINOR PROPERTIES DEALT IN.
saDguinc Buying OF Them Overcame
Sluggish Tendcncy---UnionP Pacific
Reached Record Price.

New York. Jan l-Actiye dealings IN
the stock market at the opening carried
prices higher with a few exceptions.
Changes generally were small but num-
Der OF stocks not Of first Importance made
Violent advances. Anaconda Jumped
points with reaction OF 1. Minneapolis
st. Paul and saus Ste Marie rose IA,
the preferred 3A, Kansas & Texas pre-
ferred IL, Denver 4 Rio Grande Is. Atch-
ison, Duluth, South Shore and Atlantic
preferred and Tennessee Coal a point and
Ontario and Westernf Brooklyn Transit
and Amalgamated Copper large fractions.
Sugar showed a decline Of a.
Pressure against the active stocks soon
after the opening caused Amalgamatetd
Copper the L. S. Steel stocks, st, Paul
Union Pacific ana Reading to fall on
small fraction below yesterday. While
the selling was elfectual In this quarter
pool operators had free hand at other
points, especially In a number of high
priced and minor stocks. The sanguine
buying OF these stocks eventually over
came the heaviness elsewhere and by II
o'clock prices al various points were RS
ing brickly. Union Pacific sold at IN
rise OF l%. The chief gains in the hrst
hour were Great Northehrn preferred 5is,
Federal Mining T. Texas Land Trust 3is
ID. q. r. q 2S. the preferred 2t. North
ern Pacific 2i2 Northwestern 2, the Re
public Steel stocks lla and Colorado
Southern. Duluth, South shore and Allan
tic and Brooklyn Transit l.
Prices sagged again the made little re-
Spouse to the wide advances In mine spe-
cialties, better effect was produced
when Union Pacific moved up over
cord price, The Pacific coast stocks NOV
ed TO n common price, at 10 showing adj
vances Of IA to l. the Wheeling & Lake
Erie stocks ! to IA American Wooden 2h.
y Atlantic preferred North American and
New York Dock @ Z, S. Rubber IA and
81 Paul. New York Central. southern
Pacific, st. Louis Southwestern preferred,
Cotton Oh and Colorado < Southern sec
ond preferred about a point. Manhattan
fell 1 and Westinghouse Electric 2.
Bonds were firm at noon.
Interest was not marked in low priced
stocks that are not commonly dealt In.
The revived demand for these and tho
sustained inquiry for some OF the best
grade of railroad stocks resulted In over
coming part OF the slugggishness that had
existed in the forenoon. Great Northern
preferred extended its advance to Sh and
Delawae q Hudson showed gain OF 4&
Northern Pacific ~. Colorado & Southern
second preferred ga Ontario a western
ard Mailing preferred les and Canadian
Pacific and Central Railroad Of New Jer-
sey |. Sugar was decidedly heavy and
lost IA and prices were lower all around
again at the end OF the hour.
The diversion OF interest to the active
specialtles was rel ected from time to time
by the increased business and SUBJ
stantial gains In a number OF these stocks
but the general list was Inclined TO drag
North American and Tennessee Coal got
up point, Colorado 4 Southern 3ia
knickerbocker Ice "a. Minneapolis and
st. Louis ia. Iowa Central ~ and the
preferred Colorado & Southern first pre-
ferred. Colorado Fuel, American Car. Lo-
motive and Westinghouse Electric l.
Consolidated Gas lost l. international
Pump preferred ~ and Wisconsin Cen.
trial preferred 2,