davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
FEELING COMES INTO THE WHEAT pITS||IL
A Moderate Gain in Prices for the
Day and the Close Firm at
High Points.
SHORTS COVERED FOR PROFITS
Worlds Visible Observation-Disclosures
News and Gossip of the
Trade.

Minneapolis Chamber of Commerce, JAM q.
After the declines of yesterday more quiet
turn was not unexpected in wheat. At the
opening this morning May was A93sc Off at
751sc, and was without life or activity Tor
time. little frmness came out on covering
by profit taking shorts and the price worked
up to 7oAc, but fell again to 75Ac by noon.
Not much came that was new, but there was
combinations more in detail OF the SHOWS over
the southwest and the great benefit to winter
wheat Receipts here were light and also
primary receipts "A little gossip came by
London cable OF frosts and damage IN south
Russia but not much attention was given 1t.
Bradstreet figures an increase OF $4,000 ou
In the worlds visible this against a de-
crease Of 222O,0OO bu last year. East or the
Rockies the quantity decreased by So'ooo Du,
but there was an increase Of 1900, coo blu III
the quantity in Europe and afloat. Liverpool
was "a lower at the opening, and closed
Nd lower .'.-~ @-.'
Primary receipts were Asa, 200 bu. against
AS7, 900 last year, and shipments l41,000 Du'
against 241 900 blu. Wheat and -four clear
>nces equaled $4,000 blu. Minneapolis re-
eeipts were $50 cars, against 22S last year.
and Duluth had ia, against 81.
Near the close the market turned nrmer
e.s Guying at the end ran May to I5ts@'ec.
May closed at 757sc and July at 771sc. Janu-
airy wheat closed 751sc. Chicago closed May
79H@7sAc. ...- -
The cash market was firm and IN good
general tone. No. l northern was IN de-
mand, millers buying again fairly we'll. inc
basis relative to May was about the same all
through. No. 1 northern averaged 74A@75c,
and No l to arrive sold at 751sc. No.
northern sold from 1910 to TAG. the great
bulk Of it around 731ac. No. wheat brought
f1G72%c.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
IN STOCKS
They Predominant in Market Show
ing Slight Changes.
NORTH WESTERN AND ST. P. GAIN
Hour, With Dull and r.
regular Close.

New York, Jan. 21.-Prices changed very
slightly from last nights level in the OPEN
ing dealings, but losses predominated Erie
hrst preferred was off q. Glucose rose a
point and Metropolitan Street Railway nearly
as much. Business was on very small
scale. inc opening pressure ceased and the
market hardened, some stocks rallying TIC
above yesterdays close Fluctuations were
narrow in the usual market leaders aside
from st. Paul, which advanced point. and
interest was extended to some usually in
conspicuous stocks. Mexican Central ad-
yanced 17s, to 2sA, on large dealings. North
Western also gained ~ and international
Paper and Pacific Coast first preferred point
The recent bull movement of Glucose col
lapsed and 1t broke 2A Chicago Alton de-
clined rs. block of 900 shares Of Mexican
National changed hands at 15A, which was
Is under last nights close. 1t later sold up
to 15A
Prices ran off very sharply under profess
sional selling and the entire market declined
below yesterdays final prices. Net losses,
however, reached point only in Amalgamat-
ed, Erie first preferred, Great Northern pre-
ferred, Denver G Rio Grande preferred and
st. Louis & Southwestern preferred. Cont
mental Tobacco preferred lost and Lacka-
wanna broke AZ on one transaction. Buying
to cover steadied the market before midday
and there were some slight recoveries. Met
rOQOllIau oIr9eI Railway rose 10 1898 anu
American Smelling and Sugar made net ad-
vances of nearly point
A rise to 1864 for Manhattan kept the mar
ket firm but gains were insignificant. Ma
tional Salt sold at 20 compared with 3Oh on
Dec. .l3, the preceding sale. The preferred
lost and rallied l. Cleveland, Cincinnati,
Chicago & st. Louis preferred lost 2h, and
Metropolitan Street Railway point. Trading
was very quiet after l o'clock and price
changes either way were of the merest frac-
ton.
Selling became rather more active in the
final hour and carried Sugar to about and
Metropolitan to below last nights prices
Prices then hardened on lighter dealings
Southern Pacific and Union Pacific were not
ably firm Lackawanna> rallied IN and Ma
tional Salt 5. National Salt preferred ex-
tended it's loss to 4, Leather preferred 1& and
Consolidated Gas 1B. The closing was dull
and irregular
Bonds were irregular.
Stock quotations reported for the Journal
by Watson G. Co., Chamber of Commerce,
Minneapolis
Closing figures are bid ...
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
RANGE MAY WHEAT
OTHER GRAIN MARKTS
Wheat Weak Because Of Lower Ca
bIes and Moisture.
CHICAGO GRAIN

Chicago, Jan. 21.-Wheat opened weak to-
day on lower cables and general precipitation
in the growing wheat country. May started
shade to lose lower at 79hc to 1880 b. but
soon rallied and made good it's losses The
cables, while showing weak tone all around,
did not reflect the decided setback here yes
short Interest in wheat at the opening and
liberal buying orders both for long accounts
and for covering came out around 78Ac.
Report had it that the Russian crop has been
severely injured by frost. This last bit or
news turned the sentiment in the pit some
what bullish and May quickly sold up to 1890.
neapolis and Duluth reported s54 cars. a
total for the three points Of 4OS cars, against
47s last week and 40 a year ago.
Short covering early In wheat and the rela-
tive higher prices in the northwest brought
a rally, but liquidation ,eased prices again
before noon: Just before the close g. buying set
irm s Re higher Ugh wa: at 7 Sss@7s&c: ''N.' ~
7esse; CASH. No red, ss1sas4sEs; ~ 7s
nard winter i 75@77c No. northern spring.
75@7Sc; No. 2 northern spring, 75@77c; No.
spring, 72@76c.
last %eafncs w seea arned %
The cables, though lower, were relatively
firm, when compared to the big drop yester-
SAY @ R NAY at ssstsd to 81 fS Ss early s
trade was light, but offerings small. and es-
pecially in the west, and news came that the
moisture IN Argentina was insufficient FOR
growing corn. Some covering set in and
May advanced to 6414c. Receipts, Isl cars.
Wet weather news and fear OF colder tenn
there was setback later liquidation. At
the close May was strong, 5000 up at 641sc.
Close: January, SIC; May, $3.50; July,
64Ac; September, 6a1sc. Cash: No. 3; 500
601sc ,--..-: ., ~.
Oats showed good strength after the open
ing, largely on corn influence. There was
little inclination to SELL and a number of
shorts covered their accounts. May opened
Nc lower to unchanged at 1880 to 45ssc.
Trade was SMALL but offerings also were light
some small liquidation to 461sc. Receipts,
$50 cars.
Close: January, 45A@45ssc; May, 1910
46ssc; July, 4014c; September, 3314c. Cash:
No No
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21

keys, steady. Potatoes, steady. APP /:
pss d1 em Fancy NsH country dressed
or: :......::...o
BUTTER--Extra creameries, per lb, 22c;
limitations, per ID. 14@15c; dairies, extras per
onds, h. 15c; roll and print, fancy ID, lec;
roll and print, choice, 143kc; ladies, frsts,
per lb, 141ac; renovated fancy, 1Sc.
EGGS-strctly fresh, cases included, loss
off, per doz, 1Skc; fresh held, per doz, 16e;
checks, seconds, picked and lined per case,
CHEEsE5-Twins or fats. fancy, lib, 12c;
twins twins or fats. choice. s@1oc; fir to good.
No. :, 1o@i1c; brick, N No: 8, PER b. 9@sc;.
Nm z S? prmps NJ NJ 1se per m n c
block Swiss, No. l, 141k@15c; No. 2, Sn@sc;
roSpd sys5 N 7S%H NS fsns @S hens
hens, h. 5000; thin young toms, Id, $3.50;
culls, per h. 5@5hc; chickens, springs fancy,
H. s5s9g1oe; fs tai to good, s@she hens, fancy,
fancy, il. ioc; culls, ID. 6@7c; geese, lib, SIC;
~ PkB ssS nnArs1ves1s fancy, per 1e;
or overweight, per ID, $685. mutton, fancy,
country dressed, 51k@Sc; lambs, fancy, pelts
off, ,7@sc; hogs. light, h. 7c; hogs. medium.
doz, 50; eottontails doz, sl@1.2o; squirrels,
pickerel. s@31Ac: sunhsh,- perch. ETC., 2@3c !;
bullheads, skinned ID. 3@5c; Lake Superior
POTATOEs-white stock, per bu in car
lots, zoe: white stock, less than car lots SOC;
mixed red in car lots. 65@e0c: small lots,
SWEET PoTAToEs-Illnols, per brl, $3.50;
ONIoNS-Red Globe, bu, s1.2o; Red Weth
ersfeld, per bu, 1.26; Silver Skins, per bu.
S2 sSRsanFsh per ns sTate b. choice
81; medium, hand-picked, per blu, 81; brown,
fancy, BY, s2.l5@2.S5; brown, fair to good, Du.
DRIED PEAs-Fancy yellow, per bu, $3.50;
medium, per blu, SIPS; green, fancy. per bu,
slse: green. medium $ls5 m s9pHo bu'
zi Ins Ga5ern Tw Psr per ' br @45o
Jonathans, per brls, S5.56@e; Jonathans,
choice, per brl, s4@4.5o; Missouri Pip
box nStu stock, ST. sl.5o@2.2S S.:'' D '' '''
observation-disclosures navels. fancy, 1925:
aa5 to size qalifoEnia
grape fruit, California, per box, $3.50; Florida,
Observation-Disclosures, fancy, ss.75; choice,
$3.50; California, fancy, as to size, s3:5o@s75;
STRAWBERRIES per bril- $3.50; late
Howes, per brl, ss@s.5o; Jerseys, per bu
! boxes, s2.75. f.. .-.... ~. ~.
GRAPEs-Ma!agas extra fancy. per key,
81; fancy, per key. Sc.
BANANAS-Fancy, large punches, $3.50:
medium punches, 1925 small punches ST.
HONEY-New, fancy white, lib sections.
golden rod. 11@12c; extracted white. S@9c;
buckwheat, 9@1Oc; extracted amber 1899.
VEGETABLES--Beets per bu. 4Oc; cabbage,
per large crate, SO; per ton, $50; radishes, per
doz, 3O@S5c; lettuce, per doz, 5O@s5c; carrots,
per bu, so@4oc; cauliflower per doz, s1.75@e;
house per dOz So 25M2.5 celery California
doz, 75c parsnips. bu soc; rutabagas. bu, 4Oc;
spinach, blu, $1.25: turnips, per bu, 40c; toma-
toes, per 5-lb basket, 90c@$1; parsley, doz,
Soc; satisfy (oyster planD, per doz, soc;
Watercress doZ soc.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
THE CASH TRADE
Flax Firm-Corn Easier-Oats Active
Rye Firm.

Flax Firm-COrn Easier-Oats Active
Rye Firm.
FLAX-The market was steady and firm
Receipts were lighter and with q consider
able portion delivered on sale hsao was
Elevators were less active to-day and crush
ers took the better part Of the offerings. No
/ seed held at $166 to s1661a. the inside figure
except for a few cars Of very choice rejected,
which brought 1c under. Minneapolis re-
ceived Al cars against Is last year and shipped
is. Duluth had 46 cars.
Closing prices: Minneapolis. cash. Sles; to
arrive, $l.66; January. sl.66; May, s1.6s; Du-
luth cash. Sissy: on track, Sl:67; to arrive,
CORN-The general tendency was weaker
at first. yet no special change was shown in
some Of the trades. A good part CT the offer
closed at 5sAc. Receipts, cars; shipments,
oATs-There wss fairly active market.
No. white closed at 4oAc Receipts E cars
FEED AND MEAL-The market Is easy as
quoted. Coarse corn meal and cracked corn.
s22g22. %; No. feed. s22 oO92a 10; No. feed;
$23@23.25; No. feed $25. oo@23.75: graduated
corn meal in cotton sacks at the rate OF $3.50
per brl.
In bulk is quoted $17@17.50: bulk shorts. SIC. so
OF: -four middlngs. s17.5O@1S; red dog, $ls 81
60 feed in in 29e-lo sacks g per ton adj ada
tionai. : Shipments, 1870 tons. ~ WA
RYE-The market steady. Some No.
sold at 56c and at 55Ac: No 2 closed at 56lac
bid. Receipts, l car: shipments, cars.
BARLEY-Feed grades, 54@56c; mailing
grades, 57462c. Receipts, cars; shipments,
cars
HAY-Heavier receipts make the market
easier and quotations are hard to maintain.
Upland. fancy $685.: upland, choice. $40
$50; No. l, s7a7.5o: midland. 81; medium.
$3.50; timothy choice, $11011.50 rye straw,
choice s4.5005; wheat and oat straw, $3.50
Receipts, 2OS tons; shipments, 81 tons.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
State Grain Inspection.

70
Inspected n-Wheat-Cars-Great Northern
No. northern, SO; No. 2 northern, 116; No.
3, A.; rejected, 3; no grade, so.
Chicago, Milwaukee & st. Paul = No. /
northern, 4; No. 2 northern, AZ; No. 3. 49,
rejected, 5; no grade Is.
Minneapolis & st. Louis-No. northern.
2; No. northern 8; No. g. 2.
500 Line-No. 2 northern, 10; No. 8, z; re-
jected. 7; no grade, 5.
Northern Pacifc-No. l hard, /; No. /
northern. 3; No. 2 northern, 7; No. 3, 20;
rejected, s.
Chicago, St. Paul, Minneapolis 6 Omaha
No. 2 northern. 20; No. 3, IS; rejected. s.: no
grade, II.
Chicago Great western-Rejected, /.
Total-No. l hard, /; No. 1 northern, 49,:
No. northern, 21S; No. 8, 1872; rejected, ri;
no grade, 81.
Other Grains-Cars-No 3 yellow corn, /:
No. 8 corn, l; No. corn, 81 no grade corn,
IS; No white oats, 16; No. white oats, q;
No. 8 oats, 8: no grade oats, 8; No 2 rye.
s.; No. barley, 3; No. barley, Il: No.
barley, a; No. 1 fax, 70; rejected fax. "a;
no grade fax, L.
Cars Inspected Out-No. northern wheat,
A; No. 2 northern wheat, 4; No. wheat IS:
rejected wheat, 1; no grade wheat, u; NO. 2
winter wheat, 8; No. corn, S; No. 4 corn,
81; no grade corn, 8; No. white oats, 3;
No. white oats, 8; no grade oats, 1; No 5
barley, 2; No. rye. 4; No. fax: S; rejected
fax q Getg
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21

Weather Map-Snows or rain generally east
of the Missouri river; light SHOWS in Kan
sas; SHOWS all over Iowa, Missouri, Illinois,
and rain or snow in Ohio and Indiana:
temperatures moderate.
Johnson from McReynolds: New York wires
me: Private cable here say Russian winter
wheat prospect unfavorable; lack o>-moisture.
Clearances: Wheat and -four, 345, COO bu;
corn, 1S000 oats, 1900.
Chicago to Watson: Armour was an open
buyer Of wheat around 79lac, getting as little
as he possibly could. Think he was good
seller through commission houses at the same
time.
Kansas City wired: Local weather OBJ
server says there is three inches of snow in
this territory.
Liverpool-spot wheat I'D to 11ad lower.
Corn steady, unchanged to I'd higher.
London, 1:30-Wheat 11sd lower. Corn, Esd
lower.
Broomhalls Argentine agent cables that re-
cent rains in the Province of Santa Fe were
insufficient for the corn crop
The London Daily News Of to-day reports
there is frost in South Russia and, owing to
there being no snow covering, the crops have
been damaged
Broomhail cabled The opening in Liver
pool to-day was I'd lower, due to general
liquidation. The only support received was
caused by the unfavorable Russian advices,
which brought in a few shorts Affected by
declines in American markets yesterday, corn
opened sd lower, but lated steadied I'D on the
unfavorable weather in Argentine for the
growing corn.
Chicago to Smith: When shorts get through
covering, think wheat will again sag off.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
SPECULATIVE GOSSIP

New York-Reports on the floor of the stoc
exchange Of the shipment Of S3,0OO,OOO golt
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
New York Grain.

New York, Jan. 2l.-F1our-Receipts, 1924
brs; sales, $500 pkgs; a steadier feeling de-
veloped owing to the grain strength.
Wheat-Receipts, $1,000 blu; sales, 1875, 900
blu; the crowd covered wheat this morning,
which It sold yesterday on weather conditions,
advancing prices sharply during the fore
noon; coarse grain strength was feature
March, $3.50; May, s4N@S4%c; July, "a 1850
S4Ac. ~
No. 2 western, 7O1ac o af1oat.
Corn-Recetpts. 10000 bu; sales, 5000 blu;
following short scare in May oats, the early
helped also by light movement. May, SIX
@6S9sc.
oats-Receipts, $4,000 bu; bulls forced May
shorts to the wall this morning and oats had
white, state, 52@5sc; track, white, western,
52@5Sc.
Close: Wheat-May, s51sc; July. s4Nc
Corn-May, 68Ac; July, 6S3sc.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
MONEY REPORTS

NEW YORK, Jan: 21.-Money on call steady
at 3R per cent; closed bid and asked, 3@4
per cent; prime mercaitile paper, 41a@5k per
cent; sterling exchange steady, with actual
and at s4.s4N@4 S4ss for sixty days; posted
rates, $4S5 and s4.Ss; commercial bills, $4 S2A
@4;S3A; bar silver. 551: Mexican dollars,
44Ac; government bonds, strongs; state bonds,
inactive; railroad bonds, irregular. Exchange,
$685., 428, 2s9; balances, $9,53S,5Os.
M1NNEAPOLIS-Bank clearings, $3.50, :
62O.02; New York exchange, selling rate, soc
premium; buying rate, SOC premium; Chicago
exchange, selling rate 50c premium: buying
rate, par. London sixty-day sight documen-
tary, $4.S31%.
ST. PAUL-Clearings 1928, o47.43.
CHICAGO, Jan. 2i.-Ciearings, SEQ. POS, 145;
balances, $2,679,753 Posted exchange, 81 SO
and $4SS on demand; New York exchange, 40c
premium.
BOSTON. Jan: A.-Exchanges, $24,7 ,127;
balances, $780, 21.
: PARIS, Jan. 21.-Three per cent rentes. 100
francs 20 centimes for the account. Spanish
As, 1857.
BERLIN, Jan. 21.-Exchange on London, 20
marks 42A pfennigs for checks.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
phone Extensions Planned.

Chippewa Fails, wis, Jan. 21-The Eagle
Point Telephone company held meeting yes
terday and it was decided to open an exchange
IN this city and to extend the line into every
lines along the 500. The company has
capital stock Of $4,000, and has had a very
successful year.-1,he stockholders Of the First
National bank have established bank at
Boyd, a small village on the Central.-Ben-
jamin Sweet, former resident of this city.
has purchased large tracts of land along the
Columbia river In Oregon, valued at $500 900.
Mills will be erected shortly and the standing
timber converted into lumber.-Bernard Zell-
man, prominent business man OF Berlin.
at Notre Dame church yesterday.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
Duluth Grain.

Duluth, Mimi, Jan. 21.-Wheat was strong
er and 1uctuated considerably between Nc
lines. 1t opened nc off for May, at 767sc,
advanced Nc again and closed stronger, at
771ac bid. There was fairly active business,
mostly in small lots. Flax sold steadily at
Was very dull. Receipts-Wheat, ia cars 5;
corn, /; oats, 4; rye, 5; fax, 46; total, 230.
Shipments 3,4n bu; oats, 1900 Blu;
fax, 20,626 Blu.
The close: Wheat-No. 1 hard, cash, 771kc;
No. i northern. cash and to arrive, 74i5c
May, 771hc; July, 7s3ac; No. 2 northern, 72c
No. 8, zoe; fax, cash and January. $166h
May, $1.69; on track, $1.67; corn, &c; oats
46c: rye 5814c; barley, 49@58o.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21

souri,. Kansas & Texas preferred, So: New
Norfolk & Western preferred, SO: Northern
Pacific preferred, 1922; Ontario & Western,
s4ss; PENNSYLVANIA, Is; Reading, 2s5s; Read
Ing flrst !, preferred, 4lA: Reading second pre-
Railway preferred, 95; Southern Pacific, 59% !;
Union Pacific, 102M; Union Pacific preferred.
United States Steel AZ u 51 States
preferred, 42&; Spanish As, 773s; Rand Mines,
'llss; De Beers, 43k Bar silver, steady;
20 Sled pc, ounce.
Money, 11A@2 per cent.
The rate of discount in the open market
Tor short bills is 2A@2 1916 per cent. The
rate or discount in the open market for three
months bills is 2M@2 1916 per cent
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21

live stock cars; dressed meats, $4,000 lbs;
hides, pelts etc, 49, 900 lbs; railroad materials,
ears; sundries, q ears; car lots y 61S ,rn
shipped-Wheat, 50 cars, 44o bu;n corn.
rye, 1880 blu; fax 1920 bu; -four, 27,o76 bris
mllstufrs, 1.52O tons; hay, - tons; frult'
Is, OPS lbs; merchandise, 1907, 100 lbs; lumber,
brls; i've stock, & cars; lnseed oil, 300 brls;
oil cake, ass, 800 lbs; hides, pets, etc., 200
lbs railroad materials. cars; sundries, 80
cars car lots, SAG.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
Chicago Live Stock.

Chicago, Jan. .-Cattle-Receipts. $500,
including 500 Texans; steady; good to prime
stockers and feeders, s2.2O@4.75; cows, $l.25
OSLO; heifers. $2.5O@5. 80: Gamers, $1,000. 20;
bulls, s2@4.so; calves, $2.5o@6.5o; Texas steers.
$325@6.25.
Hogs--Receipts to-day, $1,000; tomorrow,
s., 600; left over, 1922; 1oc lower; mixed and
butchers $5.s0q6.6o; good to choice heavy.
se.4O@s.5 80: rough heavy, $S:1o06. 80; light, $3.50
@6.10; bulk Of sales, $6@6.30.
Sheep-Receipts, $4,000; steady: lambs,
weak: good to choice wethers. 4.30@5; fair to
choice mixed, $3.75@4.b0; western sheep, 1925
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
SPECULATIVE GOSSIP

New York reported only two loads Of wheat
for export to-day.
Chicago to c. E Lewis Valentine, OF
Armour & Co., bought wheat freely on the
rally and led the market
Paris close: Wheat 1O@2O confines lower;
-four, 2O@25 centmes lower.
Antwerp wheat closed unchanged
w. H. Bartlett to Lewis l believe corn
and oats are purchase and that wheat is
purchase on all soft spots.
Private elevator stocks wheat in Chicago.
1887 900 blu; corn, 2, 1853 900 bu; oats, ,44s 900
blu; rye. $4,000 blu; barley, 1S7. 900 blu.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21

the same period q year ago:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
LONDON FINANCIAL

Total sales, All, 800.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
INVESTMENT GOSSIP

A. NJ. Day to Whallon, Case & Co.: The
Phillips failure caused free liquidation and
change in drought situation seems to me to
have about shaken out any remaining wheat
that was poorly held. Therefore l think it
very safe to buy now on all weak spots
Waldorf gossip to Watson: Market views
reflect great appointment over the con-
tinued Indifference over the public and the
limited character Of speculation. With the
return Of easy money it was hoped the pub
lie interest would show signs of revival
These. however, are utterly lacking, and in
their place is the reasonable certainty of gold
exports that may reach large proportions
With bank reserves smaller than at any cor
responding time in ten years and loans ex-
banded to figures far in excess Of all previous
records for the period conservative traders
agree that while price movements may be
irregular just now the outcome will be de-
cline that will discount decreasing volume
of general business and less favorable traffic
returns. 1t is thought that the present dull
ness will prevail until the supreme court set
ties the status of the Northern Securities
company and that in the meantime prices will
have a sagging tendency. ,.-.~
New York-Reports on the floor of the stock
exchange Of the shipment of s3,00O,00O gold.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
PROVISIONS
Chicago Provisions.

Chicago, Jan. 21.-Provisions were sold
early in liberal quantities, and under the in
lower prices at the yards opened weak. May
pork started 15c to 10c lower at $3.50 to
$751; IS, and eased to s16.7714; May lard SC to
21kc down at $3.50 to ss:621a, and declined to
S9.571a, and May ribs 21sc to a shade lower
at sS.571a to $3.50. Close: Pork-January,
$40; May. s16.821A; July, $3.50. Lard-Jan-
uary, $9.42k; May, $3.50; July, $50 Ribs
January, $S.371a; May, $S.60GS62h; July,
SS70
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-21
Tobacco stock or the List.

New York, Jan. 21.-The common stock of
the American Tobacco company was stricken
from the list of the stock exchange to-day,
This action was taken upon information from
the company that all of the stock but about
per cent had been exchanged for Consolidated
Tobacco company per cent bonds, under the
terms of that company's offer. The recent
rise in price of American Tobacco unassenteG
stock to 900. an advance of about 100 in two
weeks gave rise to apprehension that sue
-cessful corner was threatened IS