The Minneapolis journal., 1905-11-19
[R0UND THE: TICKER :
+. !. e: ..:..::A And MTHE !. i PIT
Gossip of the Trading Floor and
~ About. the Brokers
t~ Offices. s.
BULL TIP going around on lead: !.
w II T A IL T. eo1lor ChicaUo Nav

VIII. LAKE. @seller EChlcdSo hay
wheat. . -. :: y =.
GATES, says smelter will sell to $50
:, BANK CLEARINGs, entire country,
gain lS per Cent. a.7ah ~
VALENTINE bought most of the, !,
May-COfn Yesterday. r.. ~
BANK KsSTATEMENT- more favorable
that expected by far.
l., NEW YORK CENTRAL rights are {
quotable around 534. -. .. ~
Il JACKSON says grain, markets all
look heavy to him.
WRENN thinks the wheat has been
sold to standstill. ~
SIX THOUSAND st. Paul sold yes
terday; came from Conservative. -
T HARTMAN office says several
lots came from rich men s holdings.
JAPAN bond issue expected as soon
as: the money market settles a little. ~
TONNAGE in November, on western .
roads, breaking all previous records. ~
aS %STEELtnet earnings: for October.No-
,vember estimated to reach $2l ,0O0,O00.
1MILLIkBN, the ST. Iohis grain man,
says May wheat will easily sell at
81 later on. - .-.
J. j. HILLS mission abroad was
very successful, all money required be-
ing Forthcoming in forty-eight hours. +
COLORADO FUEL is now being
in hand by the. big men for a rise. e
/ J. A. PATTEN says he can see no
good at all on the long side of wheat,
and that the big movement will do the
business. 80 -:
+. RUSSELL HARDING says his resig-
nation from the Erie was not due to
IanNg dispute about the. c., il. '& D.: ae-
| QUESTION, as was rumOred. sa
I x iFOTHERTNGH the money bro
lker,. is said to have made more money
than any other stock exchange map
| during the recent three days Of high
rates. .sz-*-
PATRICK CUDAHY is bearish on
corn and pork and has repeated his.
predictions of fall. He says there
is almost 3,OoO,oOO,OO0 bushels corn.
PRESIDENT IS MESSAGE may not
have the beneficial effect upon the stock
market that some are anticipating, In
the opinion of f. P. Frazier.
BURLINGTON road officials say
they are having a hard time to keep
| their lines open and avoid congestion,
with the traffic increasing daily.
| ATCHISON officials fear that when
the: corn begins to move the situation
will be too much for them, and conges-
ton will follow despite all efforts.
McGEAN of the American Linseed,
here yesterday, says he has never seen
| things looking better for the Oil trade
than he now finds them in all localities.
BELEN mining stock, controlled by
chamber Of commerce men, is heard
of in the gossip of the floor. Holders
are said to want $50 for 1T, since hear
ing latest reports from the nine.
F. S. WO0DWORTH looks for con-
tinued good business with the east in
coarse grains, with much more trade
! likely. in. the event of any. improve
ment IN the car supply situation, which.
would enable Minneapolis to load out
~ D. FRASER has advices from
well-informed Chicago man, saying;
ing wheat on this break. Corn will
probably drag lower. The demand does
not seem to be Very good and the
domestic buyers are. holding off.
! L. T. WATSON says,tthe stock mar
ket is acting remarkably well and gives
every Indication of, doing better once
the very few present temporary dis
No particular change; in the general
run of market news.
/ CHARLES E. LEWIS from New
York-"The feeling, of skepticism mo-
ticeable the past week5h has changed to
one of confidence and we think the i'm.
provement in stocks Will Be carried still
further. However, owing to the uncer-
tainty Of Russian developments we.
think there will be some profit tax
ing.' .. ''.a'f"
JOHN W., GATES says undoubtedly
one Of the reasons for the strength in
Louisville & Nashville is the growing
belief that the road ultimately will be
leased by the Atlantic Coast line with
a guarantee of dividends, and that
nothing less than an s per cent rate
would be: accepted by the, minority.
r. PIPER,S New York wire says-The
4 bank statement is fully up to expeeta-:
d to where, it, was two weeks ago, leav-
ing small working balance over the.
legal requirements. This has been ac.5
complished by the recent high rate of
4 money attracting funds here from
4 other centers, as is shown by the sub
stantial reduction in loans. The easier
rates Of the past few days have indi.
Gated this improvement and the market
has promptly responded.
+ WHALLON'S New York wire says
HThe continued advance in American
Smelters and the strength in Reading
J together with the buying of the Harri-
Imam stocks has resulted in much bet
ter feeling regarding: the, general mar
4 ket.:- aItho conservative. interest con-
Iftinues to point out that the money
II conditions are at the present time not
) warranted. ?. There are strong bull
points on the Morgan stocks, the
of the specialties, but the market has
had a very substantial recovery from
, the low prices during part of the week,
, and it will be safe to take down profits
now with a view to- buying back on a
recession than to hold on for a SUBJ
stantial advance