The Topeka state journal., 1897-03-30
Market Gossip.

Furnished by Goodwin & Chamberlin,
Brokers in Grain, Provisions and Stocks,
Topeka. Kan:
JOS Tips: There is no reason for bull
ing the coal properties at present Con-
those combinations that come under Lex
ow search rays are likely before the mar
lower. on any dip, however. the western
stocks should be purchase The mana
vices to us. do not intend to pull up the
rails and sell them for old iron. nor break
up the cars for kindling wood, they are
still in business for revenue that trans
portation returns.
Hogs: Chicago 1900. cattle 5000; Kan
sas City 5000, cattle 5000; Omaha 1000,
Year ago. Duluth 27s. Minneapolis ITO.
Bache: London cables are all better,
American rails are up 4 to ~ per cent
are Ill 1916. The meeting to be held this
evening by Master Building association
lately involve Is .OO5 or more men. While
the uprisings of labor against capital con-
tinue Wall street is scarcely likely to be
startling, even if It could bull markets.
St. Paul earnings for fourth week in
March will be bad, as the motion of the
government is to be made on Thursday to
advance the case of Joint Traffic associa-
tion on supreme court calendar, we may
rea Sonably expect that this celebra ted
case will soon be passed upon by the
highest court Il IS certain that aio until IL
clared the eastern railways Will not
York Central Yields to 95 or thereabouts
it may be safely bought. There will be
an informal meeting of executive officers
of western roads today. 1t is fact that
as far as the c. B. & O., St. Paul, North
Western and Omaha roads are concerned
most imperative orders have been issued
forbidding cutting or manipulation of
rates.
corn ia, contract 73: oats 229. contract %.
Our Liverpool opened higher but the ad-
vance has been lost; prices are now steady
at the decline of I'D.
New York: F. G. Renner says: Market
opened with wild scramble for stocks
account of advance in London quotations.
Some stocks opened up q; market becom-
ing dull again and 1 don't believe we shah
have an advance of any consequence yet.
London, 2:30: Markets are now heavy
Bache.
Chronicle: 1t is estimated that $4,000
acres wheat land viii be a total loss in
the fields of the river valleys of south
east Missouri by the floods.
Chicago Herald says: There has been
talk for some months that Well the Wan
street professional, had large interest
in wheat short side 1t has been look
ed on by some people, however. as mere
gossip. The fact. however. that the Wal
street man is here now in person and that
he expects to stay here all the week. GER
operations have been of late chiefly
through Barrett. Clifford and concerns
which have relations with Meyers OF wan
street. We'll has had representative
here for a fortnight who has apparently
had some latitude in giving orders. The
Wall street man himself was willing
enough yesterday to talk stocks but would
not admit any interest in wheat. He de-
clared. however, that he expects to be
here for some days.
Wheat opened with free selling by
crowd. led by B. and Farnum; Barrett
best buyer.-Logan.
Board cables: Liverpool spot wheat =
lower; corn firm, q higher: future wheat
quiet. Y lower; corn steady, Il higher.
London on passage wheat buyers indiffer-
ent: corn firmer. Country markets quiet,
Berlin Il higher.-Logan.
New York clears A 900 wheat, LOCO flour.
Our second cable I'D lower and free
Russian offerings is likely: we think, to
turn market into a bear one
Duluth 542 cars; Minneapolis 235 cars to-
day; Duluth 27s cars; Minneapolis 10 cars
last year.
Cash handlers don't talk though any
business in prospect.
Estimated receipts tomorrow. wheat 20;
corn 107; oats us; hogs 24,000 head.