The Minneapolis journal., 1903-03-03
.ra...- .'-..
FINANCIAL GOSSIP

Logan to Stephens: In the stock market we
are. now back sto where we started from fonr
ali Ha have e aoa o
without It for another year. This is the stu
alton: However, we are much better off than
greater. The balance of trade is more in our
favor. The outlook is brighter. The recent
failure of the Aldrich bill. There is large
general short interest and while the moment
is net ppepitous for 1ulling pur,
shares may safely be made for a turn.
Another effort to make the hard Kansas wheat
feated Yesterday. The question of whether the
No 2 hard winter should be made regular de.
There was good deal fe Of literary s" EFFORT M % both
ways But the proposition was defeated by a
r5nst %e only 2 oaiots n
on contracts At New York as lower grade, and
&c nr tse hs
here, than anything. for New York is now rela-
lively about &c cheaper than Chicago, freight con
Waldorf stock gossop to Watson 4 Cos: With
the fate of the Aldrich bill unccrtain; sentiment
tident. and in the event Of the defeat of this
financial measure. will unqestionably make
@ S5ssr
news that is one Of the possibilities Of the stu
" oversoid and IS entitled on general principles
d
of both railroad and Industrial stocks at the
present level Of quotations is believed to be for
o1er It showne + be %
and Atchison systems made in their statements
Of net earnings for january, but, the increased
cost Of fuel. to which these results are largely
due, and which was oecasioned by the strike
was a temporary condition. So. .re-
l.. T. sowle & Sons from New York: 1t has
been suggested by some of the leading inanciers
thai We pay France in gold the $40. 900 900 for
e IN Is 9 lee Re
son. why this obligation should not be dis
very materially on the other side and would
soon be- reflected here. ~ -. p. 20. : : .-...
portant New England cotton manufacturing cen
ter will close in a few days. as they have de-
cided not to grant the dema>,s made upon them
by the operatives for a considerable advance
In wages: The mil 1owpers declare that If the
| advance: We're granted they could only operate
at loss. The number of operatives involved ds
Charles 4; Lewis: & Co.: from New York: Tie
day is whether or no. the Il irch bi11 'd % pas
| There has been great variety aof opinious as to
the proba bility Of the senate passing this bill
! bill cannot become law at this session. There
is grea public necessity for It and it is difficult
| who. By :flibustering and other methods are pre-.
yenting ITS pissage:. There IS very little spccu
lation iii stocks now nor has there been any fo,
go days past. and there Is no present 1ikeljhoot
Of: any renewal, of interest Tie loans of the
associated, banks. however, continue very large
hut the demand for money is for commercial
and not for speculative purposes. Therefore tTlt
opposition to the 4]drich bill cannot truthfl1lJ
say that he present condition Of the banks is due
its@is due ina large degree to the unexampet
commercial aativiays throughout the.country The
III to-day are entirely SATISFACTORY Tho cnl,
crop of import ance that is now In the ground j
winter wheat and Its condition over a wild
area il. high. The financial conditions therefore
and the controlling ones. --+r-.., :. ~ -