The Newark star and Newark advertiser. [volume] (Newark, N.J.) 1909-1909, 1909-04-08
PROF|I-SELL|NG
The ORDER AS
MARKET CLOSES
American Hide and Leather
Preferred Loses One
Point.

NEW YORK. April s.-opening deal
ings in stocks today we're active and
he changes were mixed and generally
declines. Chesapeake and Ohio opened
at an extreme advance OF a point on
running sales OF 1000 shares. American
Cotton Oil rose /, and Union Pacific,
Northern Pacific, Wisconsin Central
and Virginia Carolina Chemical large
fractions. Atchison and American Lo-
connective declined Is.
II o'clock-Specuiation ran along m
about the same channel as yesterday,
the chief demand being for the special
ties. Some OF the STANDARD stocks
showed marked strength, but there was
not, as a rule, much inquiry for the
railroad list, outside of Union Pacific
and Reading. Mackay companies ad
vanced 3 points. American Cotton Oil
"a, Central Railroad of New Jersey,
Hooking Coal, Western Union and Vir-
ginia-Carolina Chemical preferred :,
the Cotton and American Sugar as.
Wisconsin Central ~ and American
Telegraph and Telephone IL. There
were a few weak spots. st. Louis
Southwestern preferred, Colorado and
Southern second preferred and Ameri-
can Locomotive declining l to IL.
Noon-The market was one of spe-
c~ialties, one stock after another being
brought forward from some obscurity
for active advances. OF the usually
prominent stocks Atchison, st. Paul,
Canadian Pacific, Louisville and Nash
j vile, Atlantic Goa Line. Colorado and
Southern, National Lead, Consolidated
Gas. Central Leather n Pressed Steel
Car gained | to ~. In the other class
Hooking Coal rose 3as, Wisconsin Cen
trail 6, Colorado Fuel "a. Mackay Com
panies preferred la and International
Paper preferred. Allis- Chalmers pre-
ferred. International Harvester, Corn
Products preferred and American Lin
seed preferred, l to Ia. Federal Mil
ing sold at a decline of 4. n were
firm.
1 D. m.-Speculaticn continued strong
with increasing interest in the Stand
ard stocks. The most conspicuous
, movements, however, continued in th'
: industrials. AXE Erie and Western
preferred jumped -four points. the com
mon ~. United States Express y
American Sugar 21a, International Har'
vester and Minneapolis and st. Loui
pa. Union Pacific Ia, Illinois Contra
S and North American Ia, Iowa Contra
e IA and Reading. United States Stee
t preferred and Central Leather pre-
: ferred 1.
9 D. m.-Many usually neglecte'
stocks continued to come W an
were for a time more active than tn
usual market leaders. Low-priced rail
road stocks were rather more activ
n late in the day. Chesapeake and Obi
e got up over2 points. Iowa Central pre-
ferred Ia, American Sugar preferre
and International Harvester preferre
11s. Rock Island preferred Ia and tn
common, Southern Pacific, Missoul
Pacific, Kansas and Texas. America
| Smelling, General Electric and Amer
lean Beet Sugar l.
n 3 p. m.-The market closed irregula
e and active. Selling 10 take profits be
r came the rule, although there wer
Y some further advances. American Cot
ton Oil rose 35s. Chesapeake and Obi
31s. Pullman 2 and Great Northern pre-
ferred |. American Hide and Leathe
preferred lost /. Reactions ran to
E point in some active stocks, but wa
u checked in the la4e dealings.