The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-02-19
MARKET OPENS ON
ADVANCED PRICES
DULL AND STEADY
Initial Tradings Small-Prices
IrreguIar-Pacific Coast
Recovery Was Notable.
WEAKNESS DEVELOPS
DURING THE AFTERNOON
Trading Slow, but Considerable
Pressure on the Gould In
terests Manifested.

O~pening-The market opened at prices
slightly above the closing quotations OF
Yesterday. The trading was small and
displayed no activity: in fact. the slug
gish movement and the scanty opening
dealings caused very small or no
changes in some of the general list. or
the active stocks, Pacific Coast recov-
cred S& points of the break in it yes
terday, and Great Northern preferred
went up q Of a point. While Missouri
Pacific went a fraction lower than its
low level of yesterday. Iowa Central
fell 2 points and Anaconda Is.
Ii a. m.-Somc sympathetic selling
esulted from a decline in Missouri
Pacific TO 33, but the pressure against
the general list was relieved before
1t had much effect Oh prices. Union
Pacific and the grain carriers general
iy were bought, but tho copper stocks
showed little improvement. Great
Northern preferred gained ], Union Pa
cifc and Baltimore and Ohio ia,
American Car IA. American Sugar
preferred ~ and Sloss-Shefield STEELE.
Noon.-A moderate rise In prices was
halted by the demoralized tone of the
Gould group. Missouri Pacific led the
decline with a break of "a points and
falling to 31&; Western Union lost 8;
Denver ana Rio Grande preferred 4,
the COMMON 2; Kansas and Texas pre-
ferred 2%: and Kansas and Texas, st
Louis Southwestern preferred and
Western Maryland /. Other declines
were Atchison, Illinois Central, Rock
Island preferred, Southern Railway
preferred. Minneapolis, st. Paul aud
Sault Saint Marie and American
Smelling preferred /, wisconsin Central
preferred Ia, American SHELTERS Sc
curities preferred B 3. Nashville, Chat
thnooga and st. Louis ~, and Third
Avenue Shs. New Jersey Telephone
rose ~. National Lead Ia, n South
ern Pacific and American Sugar l,
Bonds were easy.
b. m.-Wholesale liquidation of the
/ Gould stocks continued. with a growing
and unfavorable effect on the rest OF
the market. Declines became general,
running off a point in general. Den
yer and Rio Grande preferred and
Kansas City, Fort Scott and Memphis
preferred Stun ped 6 points; Kansas and
Texas preferred So; Western Union
Az, Missouri Pacific 41a. Wisconsin
Central preferred 315, Denver and Rio
Grande g., Northwestern "a, Southern
Railway preferred "a, ST. Louis South
western preferred 2A, American Smelt-
ing preferred 2, Kansas City Southern
preferred Ia and Norfolk n Western
preferred, New York Central and Colo
RADIO Fue' 1&s.
2p. m.-The decline in prices went
further, particularly for h Gould
group and the other low-priced stocks
Missouri Pacific dropped 5h in all to
2ss4, Norfolk and Western 21z, Rock
Island preferred and Distillers' Sc"
crritics. 2Is and ST. Louis and San
Francisco second preferred Ia.
49, p. mater Missouri Pacific
touched 23gs there came an upward
turn in the price movement to the
early high levi or above. Denver and
Esio Grande declined 3ss, Norfolk and
Western 81, Cleveland. c., c. and st.
Louis preferred s.. United States Rub
Der first preferred 3 and Louisville and
Nashville and Delaware and Hudson
~. Adams Express advanced. Union
Pacific %rebounded to 2A i've last night,
American Sugar Pc. the preferred 2
and Reading and Northern Pacific 12s.