The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-10-08
AROUND THE TICKER


w. H. BARTLETT says-ftA bad !.
Eft. WATSON Says Statement no Z
worse than epected and doubtless has
been DISCOUNTED. s s
THE NEW YORK banks lost on the a
wee $ currency NOV ement 81 ,321.000. :.
/ "A NEW YORK Stock Exchange seat .
sold for $4,000 this week, establishing I
a new high record.
! PENNSYLVANIA WILL EARN
close to sIl1a per cent on its stock in i
! JOHN A. MCCALL rs again quoted
as saying: "You may say for me that
/ will net resign.", d
:. G. F. PIPER says if Armour holds up :
wheat prices the Canadian northwest
will rejoice, and sell the stuff mean
: u J. II. WRENN says the wheat situa- !.
ton is gradually strengthening and !
this may give us an, advance here.
il. CHARLES M. sSCHWAB says he ex-
poets domestic demand, will absorb all
our steel products for long time to
come
JACKSON, who is bull says This
Chicago crowd has got not wheat. Ii
they, ever want to buy any it will 60
THAT TWENTY-FIVE MILLION
francs, Or about 100000 gold secured
to New York should arrive next week.
l. STEEL. EARNINGS SHOULD show
around $33,0O0,O0o. People apparently
! wei Uniformed on the subject believe.
actual earnings have been several mill
ions higher, but will be covered up for
| B. q. ELLSWORTH, PRESIDENT Of
! the Milwaukee Chamber, said to T b 9,
ITO urnal: 81 am not bearish.,
possibly sixty days, but after that the
trend should turn and the bulls come
into, control. ," =. =
WALDORF-AsToRIA COMMENT
says, eff the big men hold the stock
market around this level until money.
becomes easy. bear panic may follow.
The professional element everywhere is.
committed to that side.'
|. WHALLON, FROM NEW YORK,
2 The gossip Of the street has to do very
/ largely with the low-priced stocks. The
remarks is frequently made that within
the next ninety days large profits will
: be made in this class of securities il
they are bought at about present
/ = SEC WILSON will take up
Ia plan regarding inspection Of meat
Eproducts at packing houses. 1t involves
4 the payment for such inspection by the
4 packers. -5-z>@s g..
+ JOHN-R. MARFIELD says: "I am
a bull. For the present l do not expect
much advance in wheat, we may even
Il have; some moderate recessions. Later
/ on it will be another story
+ PRESIDENT SHAUGHNESSY in a
special report stated that, while Cana
dian Pacific earnings last year had been
above $50,000,000, there was every in
dication that during the coming year
THE PREDICTION that the Pennsyl-
vania railroad gross earnings on the
Hines directly operated east of Pitts
=, burg would reach $4,000, 900 for the
Fl fiscal year ending Dec 81, 1905, or
:. $l2 100000 more than in 1904, bids fair
to be realized. -. ~ ,...-I
/ G. C. DALRYMPLE tells T h J r.
: n a that the rush Of wheat marketing
is over. Wheat not already sold will
Z fDalrymple lands the elevators are well
i, filled aid Cars scarce. This wheat has
. got to work along to terminals, but the
t lighter movement when this has spent
$ itself will be very noticeable. Present
prices are not attractive to farmers in
& positionu to hold back: their wheat.
; Al CHAS.stE. LEWIS, FROM GATES
S ttfSpeculatoin continues to run more into
: the low and medium priced railroad and
industrial Stocks. TT argues that the
j general prosperity, in an II Industrial lines
! furnish substantial basis for bul!
\ movement in many Of the industrial
! stocks, and the action of the United
: States Rubber. directors in declaring an
! initial dividend Of r per, cent on the
l second preferred stock; should stimulate
g speculative operations in the common
g The railway equipment companies are
y doing a large business, and all the iroI
e and steel companies are pushed to thu
J. limit of capacity ...q~.
i WATSON'S NEW YORK Office says
:, sESome are inclined to: look for 10 pc,
a =. cent for Monday, and this will prob
:. ably influence some speculative selling
4 and a moderate recession in prices. Th'
n floor traders are bearish, but the genera
l. sentiment Of the street leans more t,
< the bull sid on the belief that the firm
q ness in money will be Of short dura
e tion, and that the higher rate will at
t tract funds to this center in consider
~ able volume 1r