Salt Lake Telegram | 1902-02-11 | Page 6 | American Express Jumps Five Point

AMERICAN EXPRESS EXPRESS' EXPRESS JUMPS FIVE POIN I NEW YORK Feb GOOd Good fractional gains were the rule railroad list at the opening A number of the industrials were inclined t Amalgamated Copper losing within the first few minutes American E the purchase of or shares Jumped nearly five points on The renewed Belling selling of the sp specialties which were weak yesterday realizing in some of the Western and Pacific stocks St. St Paul and SOt Soi Pacific were most affected the latter yielding to 67 The general marke became spotty some usually Inactive stocks being pushed resolutely ur Enormous purchases of the Readings supplemented by a large dema Atchison Louisville and the Southern Railway stocks was offset by zIng izing elsewhere Reading g common and the first preferred responded only fractionally b i second preferred was buoyant and touched 68 68 an advance over last nl nit 2 American Express ExpresS' lost Its opening bulge and United States Express to ll 11 making Its loss In all 7 72 The Pacifies and active railroads and S 51 ties generally sagged to below last night Sugar losing nearly a point I Goods preferred lost four points The market was dull and steady at noot foot Bonds were Irregular I Bear operators tested the market tn irs spots and as there proved to be demand they redoubled their efforts against the specialties and att ati the railroad list Declines from the Hie Est Best reached a point In Reading Southern pacific Pacific Rock Island and many oilier other stocks its three-point three rise and Northwestern preferred broke The pressure a athe athe athe the market did not not deter bidding up Amalgamated Copper and after It c 72 buying developed Inthe Iron and steel stocks The transactions In the United States Steel stocKs were very larrer gains did not reach be beyond ond fractions The feature of the final hour heavy demand for Pennsylvania which lifted the price 14 over yesterday market hardened in sympathy United States Express rallied 4 The c was active and Irregular the local tractions and St. St Paul running off lowest