The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-11-27
ST. paul, FEATURE
IN STOCK MARKET
OPENING DEMAND CARRIES
PRICES GENERALLY UPWARD. i
Proft-Taking Checks Advance, but
Buying Becomes General and Losses
Are Wiped Outs Paul Climbs, and
Interest in Other Grain Carriers Is
Aroused.

New York, Nov. 27.-The opening demand for
STOCKS carried prices upwards with considerable
vlgor. Low-priced southwestern railroad stocks
sonIlnued prominent, but the leading speculatiye
iayorltes also shared fully In the strength.
NoStnern Paclhc. Louisville s. Nashville, Della
ware hudson. Kansas City Southern pre-
telr s hansas & Texas, Chicago Great Western
q point. and Reading, st. Paul, Great North.
ern preferred. Kansas & Texas preferred Texas
q q, Pacific, Missouri Pacific. Brooklyn Transit,
I,nicn p.a, lion and Hooking Coal large fractions
onion racine was In active demand at an ex-
IRENE advance Of H., Minneapolis, St. Paul &
Sauit Ste. Marie preferred fell tx.
fiacelonal4y better prices were made in most
stocks AFTER the opening before the proft-taking
became heavy enough to affect prices. About ali
OF the gains were wiped out and Union Pacific.
pe nm and Northern Pacific were carried
the buying movement became general again. and
heaolne, Union Pacific ind Pennsylvania were
conspicuous In the rally. st. Paul met consid-
eraDie stock after 1t had reached III again.
Heading, Union Pacific, New York Central, I'LL
nois Central, Amalgamated Copper and Leather
preferred moved up 1@1A, Virginia Iron, West
era Union and Pacific Mall 2N and Anaconda
~: Pitts6urg Coal preferred receded /.
Prices advanced further, but In jerky and
spoIV manner; Portions Of the list fell into
neglect. Reading, Northern Pacific and New
aosk Gsntrsl were carried up 2 St: Paul IN.
esn y and Atchison, Cleveland, Cincinnati, Chi
cago L st. Louis and North Western preferred,
Republic Steel, Sloss-Shenield Steel and Hide
d Leather preferred 1@lN. Colorado & South
ern scond preferred fell IN. Bonds were
steady. -
The market continued to make progress up-
wards, but the improvements were not material
outside Of high priced railroad stocks. st. Paul
was the principal feature and its advance to
lS4 Induced larger takings OF other grain car
riers. Among the other important gains were
Michigan Central, Great Northern preferred,
Northern Pacific and Sloss-Sheffield Steel pre-
ferred 3, Union Pacific, North Western and
Delaware Hudson, Louisville & Nashville "
and Southern Pacific, Canadian Pacific, Texas
Pacific. Brooklyn Transit, Colorado Fuel and
american Cable L. st. Paul preferred fell on
~ and rallied z. m
The market closed firm and quiet. Advances
during the final hour were North estern az
Denver & Rio Grande Is, Atchison IL, Viz
glnla Carolina Chemical 3, Pressed Steel Car
preferred IN and American Agricultural Chem.
1cal, Cotton Oil and Manhattan /. Realizing
carried prices backwards later, st. Paul react
ing 111a. Kansas & Texas preferred fell LIZ and
Iowa Central point below last night. Support
was Forthcoming at the reaction and the market
rallied. -. ~. Z lv.-@.e-.~- = =
Only few stocks exceeded the prices current
at O'clock, Reactions proved rather moderate
and the market picked up gradually to about the
best again. Northern Pacific hardened AZ,
United States Pipe 2H and Virginia Carolina
Chemical ~. Peoples Gas sold IL lower
Close: Wheat, December, SO%c; May, s4Xo.
Corn, December, 52Bc;I May, 50Nc. -, =
STOCK quotations reported for Inc Journal by
Watson Co.. Chamber of Commerce, Mime.
apol1s. Closing prices are bid. 49,. r -.