The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-27
SPECULATIVE GOSSIP

Chicago to A. ]. Cummings: We are
getting a good many complaints about
us they get reports that the rust ex-
tends up into Oklahoma.
Chicago-The rally in July wheat was
only oN mod LEI tenn So FAR the buying has
been led by w and l.. and Shearson
Hammill
and private elevators today. amount TO
7,272, 600 bu of all grades. A year ago
today they amounted to S,S5l,OO0 blu:
During last May there was a strike of
shovelers at the lake ports, which inter
fered with lake navigation, and which
was not ended until the 18th OF the
were reduced 5000 900 blu during the
month going all rail and entirely for do
nestle consumption. The exports of
corn during that month were only S95, 200
the rate of 3, 600. 900 bu a week. Our re-
ceipts are already running under last
last year for the rest of the time.
ST. Louis wires: One Of millers
has bid for 10000 sacks of -four for
JuIy-August shipment based on a de-
cline of loo per bu on our July wheat
from present prices.
Chicago-McReynolds & CO. yesterday
shipped several cars of red winter and
hard winter wheat from Chicago TO Mary
land and West Virginia. This was taken
as fairly good proof that the Chicago
market was getting down nearer sound
Chicago-Local professionals have been
selling corn; market dull and easy. The
decline in corn helped TO turn the wheat
back. Trade is light and the feeling
quiet.
Chicago-The clearances of corn today
are 500 600 blu. The news on wheat seems
ket is steady. The northwestern mar
kets are stronger than we are. standing
higher than last night now, while we are
%c lower on July wheat.
Lincoln Neh-RenOrfS from MANY
counties in Nebraska indicate that the
Hessian fly is busy and many wheat
Some grain men estimate that the wheat
will be damaged 80 per cent in the CEN
trail section of the state.
Chicago-One of the largest corn buy
ers put out bids last night to the coun-
try that were fully in line and did not
get acceptance of single car.
ShicagoEA good many complaints OF
Wheat is said TO be spotty and red.
Chicago-Offerings in May corn very
light and market strong. but looks TO
me like sale for turn on any further
advance.
st. Louis wires: T, w. Carter. just
back from Texas. says wheat shows rust.
Some good traders are taking stock in
the reports.
ST. Louis wires reports from Texas
that the wheat condition is not good.
places.
Chicago-The weakness in wheat is due
TO heavy selling by houses with eastern
connections There is also aggressive
selling on the part of local traders. Buy
ing is scattered and unimportant.
A New York view OF the Gates deal:
We must not forget that Gates and his
following probably more than any others
were responsible for the boom in stocks
of the past six months, and they have all
been hurt in the late May wheat deal
York today. When he came here two
weeks ago he expected TO stay until June
ming his May wheat deal Since he has
sold out Wall street has more attractions
for him.
New York-The market is gaining
strength The buying Of Union Pacific is
by c. b. Mcdonald. Moore * Schley. Mar
shall Spader, Gates and Sopper on set
New York-Good buying this morning;
short covering since the last. hour with
liquidation by insiders. Market NAV react
from this, but good supporting orders are
in the market at lower prices.
New York-Marshall Spader & Co. ex-
pect steel stocks TO show strength. also
metal industriais. Market depends some
what on northwestern situation. but the
feeling that that matter is satisfactorily
settled prevails. Nothing but unexpected
result of eastern war against stronger
market
New York-McIntyre says: After mid
day the market was generally quieter
and narrower. Disposition TO sag was not
very strong. but vigorous buying of the
forenoon had not created any Consider
able public following
New York-There has been much spec
ulation regarding the position of the Wa
bash and future movements in connec-
ton with that property. The resignation
of c.. j. Lawrence and the belief that
President Ramsey will shortly retire
serves as basis for rumors of friction
between certain members OF the director
ate and George Gould.
New York-Although the short interest
in the market has been reduced there was
fairly active borrowing demand for
stocks yesterday afternoon and this in
dicates that the bears have not lost con-
fidence in their position and are not to be
disturbed by the rallies