OCR Text |
Show DEMAND LANGUID IN WALL STREET NEW YORK, July 80. Opening changes in stocks In the market today were irregular on an active business. The gains predominated, predomi-nated, bat there was a sprinkling of losses among prominent stocks. Atlantie Coast Line and Great Northern preferred advanced a point, and Sugar, United Bute Steel pre. f erred and Reading rose large fractions. Prioea were carried abort the opening level with large transactions, but met realising realis-ing tales and fell back in course of the first hours. Atlantie Coast Line gains reached 2 points, Reading 2 points. Smelting and Central Leather 2- points and Bouthern Pacific Pa-cific Norfolk A Western, Brooklyn Rapid Transit, Cotton Oil, Sugar and People's Gas a point or more. The market rallied before the end of the hour, Reading recovering fully a Ppint on reaction. The demand became languid and prices were inclined to drop. Strength in special stocks was not of much sustaining effect until Southern Pacific made a fresh advance or 1 points over Saturday. Rock Island, Colorado & Southern second preferred and Hide and Leather preferred rose 1 point. Rock Island preferred 1 points. Lake Erie Western and Evans Terre Haute 2 points. Illinois Central fell 2 points. International Pump 1 points and the preferred 1 point. Bonds were heavy at noon. Trading was rather neglected durlrg the noon hour, and the level of prices yielded elightly. Consolidated Gas gave way 1 Soints and Westinghouse Electrls 1 point, ugar rose 1 points and Corn Products preferred pre-ferred 1 point. |