The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-02-05
WALL STREET REVIEW.
Rx Associated Press

BY Associated Press.
New York, Feb. A rush of buying
orders at the opening to-day carried pri-
ces OF stocks comprehensfvely upwards.
Heavy buying resulted. Central Leather
started two points higher than last night
Great Northern preferred ere MIL "a Ameri d
Union Pacific, Southern Pacific, Northern
Pacific; Reading; Rock Island, New
cago and Alton, Atchison and United
States Rubber /. National Biscuit sold at
decline Of 3.
under which the advances were wiped out
and most of the leading stocks were
driven below yesterdays final prices. The
stocks American Smelling broke from
SO SIS to 80 1-2. placing it on level with
last nights close. c. & o. dropped 3-S
below yesterdays final price and Toledo.
st; Louis and Western, preferred, IL.
cut, 7: Westinghouse Electric, 2 1-2; Ten
nessee Copper. 2; Great Northern certif1-
Gates, 2 LIZ Colorado and Southern, first
checked the break and there was was a rally
of 2 points in American Smelling and
stocks.
Delaware and Hudson jumped 8 points
and Federal mining. preferred. S3-s.
interval after midday e. S Steel going
up, /. Amalgamated Copper III, and
Colorado Fuel 2. Trading in general was
tested in the railroad leaders, but prices
held we'll. Consolidated Gas gained 2
points, and St Louis and San Francisco,
Stocks stopped rising after C. & o. had
gained point and there was a subse-
quent reaction which wiped out the major
Smelling receded to 70 "a, ala points
under last night and some other stocks
got back to near the lowest
COTTON MARKET.
New York. Feb. 4.-The cotton market
opened at an advance of 4011 points In
response to steady and continued bulish
there was a renewal of Wall Street sell
Is points before the end of the first hour.
May contracts sold at 1857, this being a
new high point. counting from the culmi-
ma tion of the January slump. Realizing
caused slight recessionS during the middle
of the morning.
The market became less active in the
forenoon and after May contracts sold at
1859. or Is points net higher there were
slight recessions under realizing. Gener-
ally speaking; however; prices were, well
midday at a net advance of IA points on
the old crop and points on the new.
Spot cotton quiet. Is points higher; mid
D.
Sales, % bales.
GRAIN AND PROVISIONS.
Chicago, Feb 4.-Wheat rallied in the
first hour after a weak, start and re-
covered a decline which at the outset was
generally from IA to 3-Sc. Shipping con-
ditions favorable o to liner Increased lar, arrivals
clines in Liverpool wheat prices, gave
ammunition to the bears at the outset
influential buying changed the decline to
an upward trend, which carried prices
back to about Yesterdays close. May
opened at 1.09 rs to 10, and much Of
the trading was in the neighborhood of
Generous accumuati ton of stocks to-
gether with a sluggish demand for cash
corn gave bearish tinge to the corn
higher to 1-2c lower, May showing the
only firmness and losing its lead in the
first hour.
opening at Sc "a to rs and declining to
a resting place at about $685.
Trade in the oats pit was practically
featursless opening az g Pis5sr being from
lions in the first hour did not exceed is
Opening figures for May were unchanged
to a shade lower at 46 SIS to 5-SG3-4
packing centers and lower prices for the
animals caused decline in the provis-
ions pit. Opening prices for the May
Porkes21. so. 121-2c lower.
Lard-s11.a 80, 71-2c lower.
Ribs-s11.57
&c Corn@February. So IS; May. sS@1-2.
Oats-May 46 Il; July, As is.
f Herd-Miay, - Ii.5saI1l.s7 ~ -; July
Ri Ribs-May, 1-2Q1Lso; July.
Timothy-March, 442.5.
CIoyer-Ma rCh Il. 90.