The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-06-18
PRICES OF STOCKS
SHOW LITTLE
CHANGE
New York Market Remains
Steady but Exhibits Some
BedriSh Tendencies --- Bro
kerS Advise the Purchase of
Standard SeCurities--.Grain
Is Strong.

terday's stock market unless it vas the
slump in Colorado Fuel & Iron, which
dropped several points. The market was
dull, but fairly strong and London bought
our securities. Trade was mostly profess
sional and the market was somewhat
bearish. The advice of brokers is to buy
on all reactions.
Wheat was buIIish and there was but
little selling pressure. The Southwest was
a good buyer and prices advanced over
Tuesdays close. The advice of brokes is
to purchase wheat, as an advancing mar
ket is anticipated. Corn ruled strong
yesterday. The short interests were good
buyers. Higher prices are predicted. Oats
were moderately active and strong The
deliveries were small and there was a
good cash demand. The corn market lent
considerable strength.
What the Brokers Say.
NJ. Doran & Co.'S Chicago grain letter
says: - ''oA
Wheat-A bull movement was started
To-Day mainly on strength in corn and as
sisted by disappointing harvest returns
from southern Illinois and Indiana The
Northwest complained of lack of rain in
portions Of North Dakota. Fine weather
and lower cables affected the marker
temporarily at the opening Shorts be-
came anxious, fearing continual advance
IN corn would start sympathetic move
ment in wheat
COrn-Corn led the grain market IN
suenSth again today. Long corn was Of
aered Freely at the opening, but was well
ABSORBED ana prices quickly resumed their
upward tendency The trade was larger
ana general Country acceptances were
HIght but cash demand was somewhat
slower on the advance. Our advices COW
erlng number of the largest corn states
are not encouraging regarding the out
W 119S n I0c ene crop. me Liverpool market
OatS-The trade was disposed to take
profits early, July was strong and very
aain high 5 The demand for local re-
celptS and for shipments excellent
.. q. ShotWen & Co.'S grain letter
Mheat-,At the opening wheat showed
reIatlve heaviness, with the Southwest
SCI Setllhg freely. Toward the close the mar
het became very strong in sympathy with
corn and covering by Scattered shorts
Win local bulls helping them buy il. The
eos G5osln i1, prices Were up Nc to 5sc from
Corn-At the opening corn was a shade
S TdsIeT on the fine weather and consequent
ai9SSlo oi on The local crowd was bullish
Gnu the market was active from the start
the bulls had everybody frightened con-
eepueHIIy sehlng pressure was very light
except at extreme prices, where good
many scattered selling orders came in
from houses with country connection and
LITE aarhet quoted down. closing July &c up
IRON last night and September lie IN.
Oats,The opening was easier and ri in
acttiipe' put later prices advanced In SYM
p pevry bte Tit re wheat and corn, making
as last night. N0'iNe
says: "'oOA 'etIer
The market has been dull and inactive
GVt me advances scored in yesterdays
dats 5Tadlng have been fully maintained
ana pennsylvania and a few other stand
ara STOCKS have made further gains. with
s,lG exception OF the movement in Penn
Sg5rdnta II mas been purely a traders
n IL ~1F-
aggeTatlon to say that fully 80 ne,- cent
VI the transactions have been for the
a. ~ OF those On the floor, consequent
~ the fluctuations of today carry but If
Tie slgnincance. Traders have Continues
70 sen Atchtson and the West to send
% pear MESSAGES as to this stock. We are
!. position to state. while at the end
OF the present calendar year If NAV he
!that the company will elect to dispose
10 ZIP per cent general mortgage bonds,
70 winch 1t IS entitled under the terms
OF the reorganization, say some 81 O01 n06
I5 mas no intention Of issuing anv adj
To o1d+ securities; that it has absolutely nc
aa1oGa ing debt and has from S. 0OO. 009 to
%1u'VOV'VVV cash on hand today While
Is we nave said, stocks have held well
ed 5i6EiiSmoqt the day, we cannot discern anv
ouuiLtlonaI public interest either foreign
OF local and look rather for q, continua1
i'm tim VI " the present conditions for some
say Of stocks: Ooi ieSpohdents
o,i Logan gan & jBryan-The market IS with
IS still struggling for lower nrtc eheni EN-
aside from this there is verv IittIe' ~. ouc
ing pressure and the general to,, sen a.
QuIeters We are inclined TO +bini LIe -
VIII run Into quiet market the neX4 Eve w
Dick Bros.-The market has haar -
regular, but generally strong TODAY. Most
STOCKS made small net gains There vs.
several recoyeries and reactions uybioSe
showed the professional Character of AL
fIadlng' On weak spots, however, good
buying showed. The market was rafhar
T TeaR IN the last hour, but showed some
nIInness at the close.
walker Bros.-The market TO-DAY ,yos
very much in the hands of traders Tn
the morning there was q great deal oS
seIllng and prices declined easily. later
When traders found little stocks for saIa
they TOOK the other side and bid prices I'm
Bache & Co.-Active maninulafion an:
peafed In Wabash, the common advanced
over two points. due to Supposed Coi1Id-
KocheIe lie buying The entire list adj
yasnced fractionally in sympathy. The in
dlference of the outside public with +he
holiday in Boston Were given as reasons
Howard Lapsley G. Co.-The hare
round TWO parties in the field. The in"
vestment buying Of PENNSYLVANIA apd
New York Central did much TO steady tbe
general market. G. 3. g. I. made sensa :
tional declines. 'oi'S'1