The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-11-05
ROUND THE TICKER
And In THE PIT
Gossip of the Trading Floor and
About the Brokers
Offices.
BANK STATEMENT an unfavorable one

CASH RESERVES only about 100000.
RUSSIAN BONDS still showing weakness.
STOCK MARKET dominated by election In
fuences.
WALL STREET fears Hearst and municipal 7.
ownership
THOMAS F. RYAN reported main power be-
hind move to crush Hearst
CHARLES H. MARSHALL bet 800 to 500
Hearst gets more votes than Iyins.
CURB BETS late Saturday were to 1
Jerome; 2h 10 1 on Mcclellan.
Z C. b. MCDONALD OF Harrimans office Is adj
vising the purchase of Canadian Pacific.
VALENTINE traded both ways yesterday in
corn probably trying to create an active market.
MINNEAPOLIS bank clearings yesterday were
$5,Os5 023 IA; Baltimore bank clearings only
$4,9551S5.
A. w. THOMPSON former president Republic
Steel, denies identification with any competing
proposition. .
AMERICAN WOODEN will probably not pay
the expected dividend the common in De-
cember, according to late gossip.
OCTOBER TONNAGE thru 500 and Canadian
canals shows the great total of II, 800, 225 bush
els wheat on passage east.
STUYVESANT FISH of Illinois Central has
not yet accepted his office third member
of the Mutual Life investigation committee.
DULUTH SOUTH SHORE issues continue sur
prisingly strong and this little neglected road J
has drawn much attention in Wall street.
WHALLON'S wire says the business of
the United States Rubber company was helped
by early in the west and northwest.
PIPER'S New York advices say there is
every prospect that the wild gyrations in leading
stocks will be repeated and conservatism Is
advised.
LONDON consuls refuse to rally much, evil
IDENTIFY rejecting the general uneasiness still
| remaining in all the European money centers.
| J. A. PATTEN wired Charles E. Lewis: Il
| bought little wheat because thought I
getting it on pretty good break and it looked
| all right"
WATsON's New York office says: 'sThe
gossips still say Reading can be bought on the
reactions, but the more conservative say it
is good thing to leave alone
/ GEORGE DAGGETT says: at would not
surprise to smoke in Chicago De-
| cember wheat some time next week. There
are wide possibilities in that particular option.
| THORNTON Of Duluth, here yesterday, said
there will be continued demand at Duluth for
all grain moving in no matter how heavy the
quantity. Flax might be exported now if ship
ping conditions would permit.
| PREMIER Robin of Manitoba while here
said: 81 do not see why our land under enl-
tivation should not be increased to 12,0 100000
acres shortly. We have $4,000 900 acres arabic
land in Manitoba and only 100000 of it under
cultivation YETI
J. S. BACHE wired Piper: 1.-THE stock mar
ket looks tho it might 60 somewhat lower
at the moment particularly should gold be
exported next week. We feel that the market
i is purchase only further recessions from
this level.
JOHN W. GATES office says: 1--WE don't
want to get sensational, as every one gets uneasy
near election, but the wise politicians seem to
think the race between Hearst and McClellaH
will be very close
GRIER of the New York Stock Exchange says:
'Fpom cur source of information, do not fear
to predict McC1ellan's election with certainty
notwithstanding the newspaper polls which will
come out tomorrow
CHARLES q. LEWIS, from the Waldorf,
New York: "These coal stocks,' critical
observer remarked tonight, 'are doing what the
grangers did four five years ago. and for
! the same reasons. Northwest, st. Paul, Bur
: lington and Rock Island rose from par to
prices that returned barely per cent In
, vestment followed the discovery that even after
= concealing millions in earnings these roads were
y earning two three times the dividend paid.
I Lackawanna is earning 40 per cent, Lehigh
z Valley 16 per cent and Reading 10 per
cent, but they did not show it in their state
ment."
HARRIS-SCOTTEN say: Numerous reports
l coming in from Nebraska that the corn Is
turning out very much less than expected;
while the great state of Illinois, which was
supposed to be in n position to supply the
market with early No. 8 corn especially
thru the central is today trying to cancel its
sales made for December and this year delivery,
= The export demand for all feedstuf was never
8 better. Europe to be taking everything
t in the shape Of feedstuff.
t Andrew Carnegie is record saying that
e the steel industry Is either "prince or pauper, "
r says the Wall Street Journal.
l. prince has become too weak word The
8 steel industry Is emperor, king, president
e and prime minister rolled into one.