The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-04-02
GRAIN IN REGULAR ELEVATORS
Minneapolis, April I
SPECULATIVE GOSSIP

CHARACTERIZATION market opened firm.
MIN some buying OF July lard by brokers,
thought to be for John Cudahy Ribs
hrm, but trade small; believe they are
oeins supported by packers. Nothing
cong In pork. Receipts of hogs at prin-
eipa1 western points 10000, against o.
SUI same day year ago.
Chicago-The corn trade is talking
ABOUT large holdings of the Patten inter-
eSS oe eSStimating them at 12,O0O;0OO to 49,
VVV,OOO bu. The Patten people are ex-
perienced and clever handlers of corn
and 1t Is nothing unusual for the house to
nave large open interest of this size
Mnen they start on bull campaign they
generally see it through, and from the
way conditions have shaped themselves
lately Patten and Bartlett are confident
~ onat mere VIII be market for corn later
at better prices The pit thinks that Val
entlne Is the largest short, and will de-
nver the corn If necessary.
Chicago-Some of the people who bought
wheat yesterday up to sec are selling now
around SSc. w. & l.. are buyers.
Chicago-Commission houses selling a
little corn in sympathy with the weakness
In %heat: NO rally to wheat market yet,
everybody on top of 1t.
A Liverpool house cables: Market af-
fected by American advices. Market
steady owing to increased consumption
Corn inactive. prices steady.
Chicago believe We are going to get
a dry weather howl on wheat in a very
lew DAYS. we are getting reports in from
of Houston, Fable & Co. lust came i'm
from Kansas City this morning and saws
ne never saw the country so dry as it is
now between here and Kansas City.
Chicago-The selling in wheat is al
most wholly by local traders. On the
break fair commission house demand
developed, which checked the decline Pit
mood is very bearish and market as
consequence looks oversold.
Chlcago-Trading in May wheat quite
small Valentine offering little around
s1.1311. Easier feeling in July wheat since
opening on selling by Scott, NJ & Co,
Ware and Leland and local crowd Pit
traders quite bearish. buying scattered
corn. Irwin Green seller of May and July
corn. Market acts strong. but trade is
st. Louis-There are some letters here
10 private parties reporting rust in Cali
fOrnia wheat
New York to A. ]. Cummings-It is
hardly exaggerating matters to say that
among great capitalists who are also large
holders of United States Steel securities
sentiment has not been so confident since
the combine was formed. In such circles
stock on the entire list, that intrinsic
merit alone viii soon carry 1t above par
BY comparison with other Industrial pre-
l na; stocks II looks to be a great bar
American Locomotive preferred. American
Car and Foundry preferred and Rubber
Goods preferred; though paying the same
above United States Steel preferred
New York-Market has been quite
strong today and rather active. There
was considerable selling. particularly in
the railroads, but offerings were we'll alb
sorbed. The best prices were made in
the late trading and the closing was a
strong one. The bank statement proved
better than expected. Sharp advances
were scored by such specialtfes as Rub
Der. Smelter, Peoples Gas. Lead, etc.
New York-C. G. Gates says buy o. &
W.. Get some friends long of Shelters
and keep them there. 1t will be 100 by
the time l get back from Europe June Is.
New York-It is said the preliminary
ngures of Norfolk a. Western earnings for
March indicate that they exceeded any
past monthly record.