The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1904-03-04
DULLNFSS IN STOCKS
MORE PRONOUNCED
Manipulation in Specialties
Results in Some Strength
I'm Spots.

Though the dullness of the stock
market was more pronounced than dur
ing the past few days, the general tone
was firm, with noticeable strength In
spots and evident manipulation In
some specialties and tendency to ig-
more such factors as might ordinarily
influence the course of speculation. The
close was dull and fairly firm. The
bears had their own way in the pits
and the professional element pounded
the market vigorously. Reports of
weather conditions in the Southwest
are construed as bullish.
What the Brokers Say.
NJ. Doran & Co.'s Chicago grain let
ter says:
The bears had the market all their
own way, excepting for a brief period
of strength at the opening. The pro-
fessional element in all pits pounded
the market vigorously. Lines bought
on Tuesdays break shared quick profits
this morning and holders were quick
to take them.
Wheat-Notwithsta the extreme
weakness in the market there was
much in the news that might be con-
Strued as bulliSh. AdViceS from the
Southwest were of severe wind and
sand storms, accompanied by drops in
The Price Current suggests that perfect
weather conditions will be necessary
for the development Of retarded growth,
while unfavorable conditions would JUS
tify apprehension as to results. The
Northwestern Miller reports slight
decrease in the -four output at Mime
apolis and anticipates fair output
next week if shipping orders are plen-
tiful. MillerS are pretty well sold ahead.
NoII Ill - \
Wednesday, but were held firm by the
serious state of the labor troubles in
Argentine. A private cable estimates
Argentine shipments this week at
100000 blu, with about half that for
the following week. Liverpool closed
PC lower to &c higher. London was
strong, Yarying from e @1Ad higher.
Corn-The pit crowd and local pro-
fessionals pounded the market
throughout the session. There was
very little feature to news. Liverpool
was 3sc to 11ac lower. Receipts were
moderate. Cash markets steady to 1c
higher on light offerings.
Oats-There was heavy selling
some of which was placed to the credit
of the packing interests. The transfer
of liberal quantities of standard each
day from private houses is having a
bearish effect. Total today was over
100000 bu. Receiving houses report
no country acceptances, and shippers
say business is restricted by lack OF
ears.
]. C. Geraghty & Co.'S correspond
ents say Of stocks:
Logan & Bryan-There is very lit
tie change in prices or conditions The
list is generally neglected. 1t was g
waiting market. The threatened Goa
strike and the Northern Securities de-
cision are keeping everybody waiting.
Dick Bros.-The market has beer
very dull, but generally firm today
Specialties were helped by manipula-
ton and improved somewhat, but the
stocks which are ordinarily active made
only fractional changes. There was ne
news of Importance. The closing was
firm but showed no great activity.
O'Connor & Van Bergen's CORE
spondents say of stocks:
The stock market was a repetition
of Wednesdays, only little worse
The early London market was steady
but later declined on rumors that Kine
Edward was i'll. Our market ruled
steady throughout the session, bu+
price changes, with the exception Of
Alton, which was manipulated, were
unimportant. The volume of bushes:
was the smallest of any day yet. The
closing was dull and steady.