Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1899-03-23

corn 90 cars; oats 70; tomorrow (estimated)
wheat 10; corn SO; Data go
Puts on May wheat so'd ss5S to eS1s Calls
To55S to II. Pats IN corn 355 @ss To s5as
Calls 359ss TO 35@i
Weather map shows very low temperature, 81
below to 10 above in the nortbwest; lower than
Tuesday. Snow fell at St: Paul
Sugar and tobacco continue active with Man
haitian close second; the latter stock closing
with net gain of 81 points.
It IN rumored that Frank Lawson, of Boston,
who doomed sugar is now on the bear side and
. sensational fall ia looked for in the sweet
stuff.
Call money was quoted at 4@5 per cent dur
ing the day, closing at 3la per cent Bankers
do not look for present high rates to continue
This ia evidenced by fact that rates for tim Q
money have not changed very materially during
last two eks.
New York, March %, ls.9.-A pretty severe
test has been applied to the &. neral stock mar
ket by the recent antics of the leading indus
trials shares.
short time ago, it was American telegraph,
which made tremcndo; advance accompanied
by Wild fluctuations. In the last few DAYS
tremendous upward and downward PUSHES have
been characteristic of sugar, glrscosc and con-
tinehtsl tobacco while in the railway list
Manhattan & Brooklyn Rapid Transit have
been marked by sharp breaks as we'll a. sharp
and startling advances.
Another fact worth noting is that the exciting
cause of the big advance and undefiucatiops in
tobacco has become matter of history,
speculation in that stock has greatly subsidized.
Brooklyn Rapid Transit hns reached practi-
oally it's highest point even after heavy realiza-
tions. In the course of events. the recent ex.
cess of speculation in the indu.trials will be
exhausted. These stocks will by no means
pass into the back ground.
The industrial revival in the country will
forbid this.
Chicago Receipts Hogs $1,000, cattle 1880.
Kansas City-Receipts-Hogs 10000, cattle
south OBSERVATION-DISCLOSURES 1000, cattle
1000.
Chicago-Hogs opened steady to strong to
shade higher. Mixed and butcher s.6O@3.9O:
good heavy 3.sO@3.9O; rough 3.55@S.70; light
355@3.80; cattle steady to 10 lower.
Friday, March II.
Wheat closes today with q loss of 9
cent, continued liquidation and favor
able crop news being the principal fac
tors. 1t was q great day for the
scalpers; the market opening around
67M selling down to 66I then reco yer.
ing to 6756 with another sinking spell
to $685. then firm ed up and closed 661%
@I. Corn and oats firm; provisions
weak. Liverpool opening cable show.
ed wheat | to I'D lower, corn q to I'D
er, corn I'd to Id lower.
Northwestern receipts today 552,
last year 275. Chicago receipts today:
wheat 30, corn ia, oats 154; tomorrow
(estimated) wheat SO, corn 200. oats $50.
hogs 10000. Puts on May wheat closed
$50 Il; calls, 673s@15. Puts, May corn
closed 33M; calls, S4H Wheat closed
NEW YORK STOCK EXCHANGE LET.
TER.
Yesterday was perhaps the most in
teresting day that we have seen for 3
long time. The palpable manipula-
ton in sugar, violent breaking and
equally violent recovery also ~ Tobac.
GO and rapid advance on Manhattan
engrossed the attention of traders. It
Is hard to foresee what tomorrow will
bring forth. 1t looks very much as If
the strong, long interest in Sugar are
doing their utmost, not alone to
squseze the few remaining shorts, but
to force settlement of the sugar war
in spite of disapproval of officers of
the company. That stock which is
VIGOROUSLY paying dividends ont of
surplus and not out of earnings should
advance 25 points in a day, react 90
and recover 10, all within a couple of
hours, is somethihr phenomenal.
South Omaha-Hops 1000: STEADY,
80 IS to SO Is, bulk SO go to $50 1900
cattle; higher. 5000 sheep; steady.
Chicago - Hogs 10000; steady to
strong to 1897. $4,000 cattle; strong.
10000 sheep.
Saturday. March IS.
Under the influence of numerous
buying orders with prospective cold
wave IN winter wheat section, wheat
gained cent today. Corn and oats
firm, provisions weak.
Northwestern receipts today, $50,
last year 312.
Chicago receipts today: Wheat 81,
corn 203, oats 155 Monday (estimated)
wheat IS, corn 200, oats $50, hogs 3d.
OO0
New York Stock Exchange Letter:
A settlement of the controversies
which have disturbed the sugar trade
for year past would have an impor.
tant influence upon the general at
titude of the speculative and invest
ment public towards shares of the in.
dustrial character. The breadth of
the stock market in spite of 1.-THE many
professional" elements in matters
in matters which attach to it has often
been demonstrated of late by the In
dependence of one and another of the
different groups of shares, While
sugar yesterday was maintaining
itself with great strength the room
traders sold off the general railway list
as q means of discounting todays
weekly bank statement. They made
little net progress, however, in the re.
duction of values except where there
had been an unusually sharp advance