The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-31
/. ROUND The TICKER
AND IA! The PIT
Gossip Of the Trading Floor and
About the Brokers
Offices. r

MONTREAL and Toronto sending
money to New York.
MCDONALD sold no less than $4,000
( Steel common. ...%
AMALGAMATED buying yesterday
said to be of the best. ~.
I FOUR per cent on Steel common IS
/ VIRGINIA Chemical tipped for rise
Z to 90 or 70.
/ JACKSON says sell the wheat. when
ever the price hardens.
( F. w. DENNIS has issued very
( bullish circular on wheat >.
{ WALL STREET thinks Secretary
Shaw something of a Jonah.
! VAN EMBERG locks for money to
rule between II and 20 per cent.
/ NEW Traction stock being traded in
on the curb at 60 to 81.
BANK statement pronounced fairly
I PENNSYLVANIA road announces
some new financial operations for 1906.
RUBBER and wooden both affected
by the mild weather, which makes poor
JOHN HILL, JR., is getting after the
Chicago men who want to trade in puts
ANACoNDA's surplus, in copper on
hand n d. and a. cash, is now being figured at
j., H. WARE says sell the wheat;
stocks are LIBERAL and are likely to In
''s 1MA sfsSa3sf and its subsidiary
companies are reported adding to their
surplus at the rate of $1,500,OO0 a
month.
HIGH RATES may last longer than
we Think says F. P. Frazier. "Money
is getting tight in Chicago and also in
WALTER i THAXToN, of the John
Miller company, made the last trade of
the year in Chamber Of Commerce mem
berships, buying one from J. E. Enright
for client for $4,000.
WRENN sold more wheat last week
Wrenn is the Chicago correspondent of
Watson, and that was the sole basis for
the sensational story Of Watson and
Valentine fighting each other in the
market.
AMALGAMATED interests say that
mated Copper company will place its
stock on a regular 6 per cent dividend
& basis in 1906, and possibly declare ex-
ira dividends il present copper prices
are maintained, as now seems likely.
CHICAGO & NORTH WESTERN. for
the last quarter, after earning all fixed
charges, has earned the entire year.
ferred stock and 100000 over. This
gives the road the other three-quarters
OF the years earnings as pure velvet.
COOPER may sell much higher, but
| am afraid Of it, says one of the
Henry Clews circulars. zone interest
is loaded to the guards with Amalga,
mated and sharp setback could come
at any moment. Would advise caution
in bulling Copper at these prices.'
change, says: II would suggest that It
is not only good business, but conserva.
buying stocks. They are area almost most at of fhe
J TOD now, and this money market is not
over with by any MEANS
GEORGE F. PIPER says the New
York commission houses generally re,
ported more business last week, indi
eating. that the outside public no Ion
member of one Of the large firms
which has been noted for it's conserva
tive mark et advices admitted that they
were receiving orders on an increasin O.
~ large scale to buy. The ease with
which speculative profits have beer
made the past few months has proven
ATTRACTIVE. Thus far, however, it il
only the pioneers Of the outside public
who have come in.
CHARLES E. LEWIS says: 1T
begins to look as If the steel stocks
TOtIAo w AlcuO tuO loduSIS u Guo HdI
ket, and this action will meet will
the approval Of the entire speculative
element. While the rest Of the marke
has been advanced, the steel stocks
hav been held back and it is policy
!. Of the Morgan interests to discourag
any manipulative movements in thes,
shares and to allow. them to reflect i,
a normal manner the improvement i,
+ the iron and steel industry. There il
talk of so for steel common and 7oi
for the preferred and the latter SHOULD
certainly sell up to that level''
WHALLON IS office says: t'It i
argued that the stock market has with
stood the strain in the money market il
q remarkable manner, and if stock
were not concentrated in strong hands
prices would have had sharp break
It is clear that the pools and clique
are literally supplied with time money
also that important banking interest