The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-06-12
.MARKE EXPANDS
SOMEWHAT TODAY
GOOD DEMAND FOR METALS
EASTERN TRUNKsIINEs HEAVY.
Good Manifestation Of Strength Des-
pite Realizing In Reading, st. Paul
and Union Pacific st. Paul Gains a
Point in Dull Market at Noon-Par
cities Are Quiet.

New YORK. June 12.--Some reflection of yes
terday.s strength was shown In tie opening deal
ing, ms n the stock market today particularly in
tne industrial specialties md granger railroad
STOCKS Gains reached TX In Colorado Fuel, l
III North Western and American Ice, Y In Loco
motive and " In st. Paul Missouri Pacific,
Treat Northern preferred. Smelling and Sugar.
The Pacifcs We're quiet and Southern Pacific
was slightly lower. II
Pronounced strength was displayed by num-
her Of the high-pric railroad stocks, but there
was wa little interest manifested in the special
ties and moderate-priced railroads. Business
was OF fairly large proportions in. stosbs in
which there We're apparently opportunities for
successful turns, " but the general list moved
quite narrowly, such favorites as St. Paul.
Union Pacific, Reading and Amalgamated Copper
covering more than II per cent. st. Paul pre-
ferred jumped points North Western 21a,
Delaware 4 Hudson 2A, Northern Pacific 2,
Illinois Central IL, Great Northern preferred
n. United States Reduction preferred is,
Baltimore Ohio and Locomotive IN and Cen
eral Electric and Corn Products preferred 4. I.
Business expanded considerably in the second
strength despite the continuous realizing in
Reading, St. Paul and Union Pacific, which
drove the two last named at one time to a
traction below yesterday close. Eastern trunk
lines were heavy, and there was demand for
the metal stocks. North Western increased Its
advance to 3as, Pittsburg, Cincinnati, Chicago
& st. Louis gained IN, Western Electric 4, New
York Central and Smelling IN, Canadian Pa.
Brooklyn Transit 1. Toward midday the mar
ket was dull and showed good undertone, and
st. Paul was marked up point. Bonds were
steady at noon.
The market became heavy between ~ and ]
o'clock, when number Of speculative favor1tef
sold below yesterdays close. st. Paul, Illinois
Central and Delaware & Hudson were among
the leading stocks that had their forenoon ad
vances wiped out. Near o'clock st. Paul wat
marked up again to near ISL and the general
market sttnened in sympathy. New York. Chi
caso 8 st. Louis second preferred improved 8
Tennessee Coal 2, New York, Chicago & St
Louis 1N, Hooking Valley and Mexican Contra
~ and Atlantic Coast Line and Louisville &
Nashville /.
Intervals Of strength and weakness prevailed
| In the afternoon, but the market was more In
| clined to 80 down than up. st. Paul moved
| within a range Of a point, but It's periods o.
| strength did not help the list much. Reading
was sold steadily and its loss Of over 4 poiu
had an effect on professional operations: Della
| ware & Hudson and Consolidated Gas were
forced down ::1s4, Illinois Central IN and Wa
bash preferred l.. Chicago Terminal preferred
improved 2. S5j.gs t%2
Stock quotations reported for The Journal b!
Watson & Co.. brokers', Chamber Of Commerce
Minneapolis. Closing prices are bid.