davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe., 1905-04-16

Minneapolis Chamber of Commerce.
April 15.-With the exception of the first
half hour the market today has been of
small scalping character among the pro-
slightly firmer for July and September
with May unchanged, but there was no
demand after the opening and quick
break followed the selling of a few small
lines. prices declining a cent and half
within a very few minutes and then hold
ing just steady around the low point up to
covered little wheat on the break, but as
offerings were light and practically no
demand 1t was difficult to move prices
either way except for a small fraction.
The close was barely steady at a slight
advance above the low point.
= The market was practically featureless
ing the most notable feature to the days
trading and this option shows the great
est loss. The cash demand was fairly
good for No: 1 northern and No: 2, with
very hard to sell. Chicago is taking quite
a little of the elevator No. 1 northern,
225o,00O bushels being sold yesterday at
4c. over May and a fair sized amount
going today at the same premium. This
wheat is to be loaded out to be shipped
to Chicago to fill short sales of May. The
first of the Duluth wheat arrived today,
which materially increased the receipts
here and as there was in the neighborhood
of a million bought there to come here
receipts will show up rather heavily the
coming week or two.
May wheat opened unchanged at s1.0s9s.
cropped to $1.O65s, closing at $1.06% a
1.O6B. July opened at 81 .04Q1 .037s, sold
at $1.04@1.04B. worked down to 81 OPS,
closing at $1.027s.. September opened 1sc
higher at S4Bc, which was the high point
sold down to S3$4c and closed at sag
S41sc.
Our stocks show a decrease of $50, 900
bushels for one day. Receipts, 164 cars,
against 1O7 year ago; Duluth 5, against
u. Chicago so against II, Kansas City
56 and st. Louis 5000 bu. Clearances of
The Saint Paul globe., 1905-04-16
SPECULATIVE GOSSIP

Chicago-To A. j. Cummings: Weather
reports from Nebraska and the northwest
toid OF freezing and thick ice. OF drought
and Of the wheat being injured in the
ground. Nebraska sent the worst REPORTS
yesterday. Warmer weather and good
rams are needed throughout the west and
TO the crop and TO help ii along.
Chicago-A lot of selling of May corn
ana buying OF July in the market and it
too; still good deal on sale.
Chicago-One firm unstraddled 1,500. 900
pu May and July corn this morning, sell
had made the change the other way about
week ago. This was responsible for the
break in corn.
Kansas City wires cold wave I'm Kan
sas last night. Reports from Concordia.
Ensworth and Clay center say that dam
age Is quite severe on all early vegeta-
Chicago-Rainfan at Kankakee. Ill. as
compared with 1902 and 1903 shows from
~ 10 "A inches deficiency in rainfall You
VIII near more of this kind of talk.
Chicago-Outside markets. all heavy and
while the bull crowd in July wheat tried
early for rally the market turned weak
OF It's own weight; There is nothing in
sight to buy wheat on.
toliowing from st. Louis: Following
from Boone county to Graham: We have
mad no rain here since last fall The snow
water mostly run off and We are dry. The
wheat crop Is suffering badly"
New York-The week ends with a very
strong market prevailing for rails and a
small set back in the industrial list The
deal stories are current again. and prob
ably with the distribution of Northern Sc
cufltles assets there will be some new
combinations or traffic arrangements that
VIII benefit prices materially in some
quarters of the market, but our idea is
from this level to buy only on good ac-
rails. In the industrial list we feel that
the advances have been sufficient for the
time and advise taking profits. Money is
easy Bank statement about as expected
New York-Market closed lower and ir-
regular. In early dealings yesterdays
snap snap was wa continued and up to the appear
ance or the bank statement showed an
advancing tendency. The statement was
somewhat less favorable than expected i'm
view of the large increase in loans This
ana desire to take profits pending the
monday was responsible for the easing off
In prices The advance this week has been
aitogether on old rumorS of combinations
and still lack authentic confirmation;
otherWise nothing new has transpired that
would IN any way add to the intrinsic
values of properties. Considering these
facts and the level which the market has
attalned IL might be wise to be con-
servative on the bull side.
New York-Dick says: I'VE look for
further activity and strength in stocks. al
though the bulgeS invite profit taking and
lrregularity is to be expected. The most
conhdent bull talk at the moment seems
10 oe upon Union Pacific and st. Paul and
also upon Illinois Central. The Wander
bilts do not seem to be much in favor
We look for activity I'm the fractions
New 1ork-McIntyre says: Outlook is
Tor continued activity and higher prices
under the lead of Union Pacific Northern
securities and Southern Pacific. all of
records e'-
The Saint Paul globe., 1905-04-16
BOSTON MINING STOCKS

BOSTON, April 15.-Closing copper quo
tations: Adventure. AZ as; Aliouez. 2O0
1634; Bingham. s5@S5A; British Columbia.
SIS @SA; Calumet and HecIa. 6656670:
Centennial, 18@1Sh; Consolidated Mercur.
33@34: Copper Range Consolidated, T6O
76E DAILY West, 14@14A Dominion Coal:
79QS0; Dominion Steel, 2Sh @2s5k; Elm
by 615s; Guanajuato, 61. G61z; Isle Roy
ale, 235z @241A; Massachusetts. 10I 610ik :
Mayfiower. l asked: Michigan, i3L ali:
Mohawk, 52lkq53: Old Colony. 1@1jk; Old
rot, 27hq271s; Phoenix, rs @2x; Quincy.
105@107; Rhode Island. 1% az; Shannon
Copper Co., rs @71s; Swift & Co., l0SG
9A; United Copper Co. 24925; United
States Mining, 32k; United States OIL
9& GO; Utah, 422s Q43: Victoria. 4@4lx:
Winona, 1sglsE wolverine 1OsQli0;
The Saint Paul globe., 1905-04-16
MARKET
OPINIONS
SIDNEY C. LOVE G. CO.
chicaao-MinneanoIIs

Wheat prices seem to have reached a
level, which is fairly representative of
what Is already known, regarding the new
crop: The government figures issued on
the 10th. which were exceedingly bearish.
failed to have the natural effect upon
prices, indicating thereby that the trade
mad already discounted these figures and
was not disposed to press further the SELL
ing side, which has been so confidently
adopted by the great majority of traders
Tor some time past.
The market is now hesitating and the
entire future hinges on the continuance
OF the glowing reports now in circulation
from all quarters of the winter wheat belt.
Up to this writing there has been nothing
10 discourage the shorts in the market,
and 1t is likely that a good deal OF the
possible accidents yet to be faced have
been lost sight of in the generally opti-
mistic reports which have come to hand.
II is reasonable, therefore, to say that
the very slightest change in the charac-
ter OF the advices from the growing wheat
fields would be materially emphasized by
the speculative position existing in the
Chicago wheat pit.
The future depends so entirely on the
Kindness OF nature to the new crop that a
speculative opinion as to the trend of
prices is difficult to express, excepting to
issue the warning that over confidence
oftentimes oversteps itself-that there Is
nothing more tickle than crop prospects at
this early date, and that il behoOves the
trader to adopt an Independent position in
the market. and not be carried away by
the general tendency of speculative senti-
ment, especially when it becomes one
sided and to watch carefully the daily
developments in the wheat fields and ex-
ercise considerable caution in OVERRIDING
the short side. when the crop has many
vicissitudes yet TO go through.
Crop estimates at this season of the
year are exceedingly unrelabl and the
experience of recent seasons should en-
phasize the dangers to which the growing
crop is subjected from time to time We
would much prefer to take a strong posi-
tion on the short side of wheat later on,
ana even at lower prices, than to fall into
the danger of being one of to many on
either the short or long side at the present
time.
The Saint Paul globe., 1905-04-16
nneapolls Receipts and Shipments
MINNEAPOLIS Cash MARKETS
Flax, Rye and Barley Hold Strong-corn
and Oats Weak and Lower

Flax-A first class demand with a
strong and active market, No. / flax clos
ing in all positions at S13S$4 Receipts 8
cars and shipments z.
Corn-There was a pretty good demand
but with weakness in Chicago futures.
Our cash market sympathized and closed
weak weak and lower, No. yellow closing at
44l2c. Receipts 5 cars and shipments g.
Oats-A good demand with a lower
market in sympathy with Chicago, No. 8
white closing at 2S5sc. Receipts "a cars
and shipments Is.
mand; closing figures. 76A @7Sxc. Re
ceipts. cars and shipments l.
Barley-A good general demand with
at 41@44c and feed at 37@4Oc Receipts
l6 cars and shipments 20.
Feed and Meal-Coarse cornmeal and
cracked corn, in sacks. SACKS extra. S16. .25
@16.50; No. 1 ground feed. two-thirdsS corn
and one-third oats so Id sacks. sacks
extra. $l6.75Q17.00; No. ground feed,
eneSat eaei,S corn cor and one,half oats, so ID
ground feed, one-third corn and two
thirds oats, as lb sacks, sacks extra, sl7. 20
shorts, s12.O0@12.25 middlings. sis. .ooG
1923; red dog, $500: all (. O. b. Mime
apolls; in 200 lh sacks. s1.O0 per ton ad-
dliittiional; in 100 lb saclzs( s1.5o per ton ad-
dtlonal Shipments 1890 tons
Hay-Reported by Cleveland G. Co.
receipts continue light and the market
very iIrm; Only small proportion of the
arrivals the past week would grade at all
most OF 1t being damp and hot. Leaders
at THIS season of the year cannot be too
care1ni not to put I'm any damp hay, as
Il 3 So3a heats and spoils the whole car No
ana cnolce grades are snapped up quick
" on arrival and will bring a premium
over quotations; Arrivals of straw steady
and sid sell quickly at quotations Choice
timothy, s9.5O@10.00; No. j. So. 0o69 so,
NO. 2: S5o@S.50: No. 3. $6O0G7 90; mix
ed, S.eG@d.oo. Clover No. 1. S6.OO46 so,
500; No: ]. $7.OO@75O; No. 2, 81. .60Gs 90.
NO 3. S40eQ5-00. Midland S45O6D6. so
sMale, s3.o0@4.00. Rye straw. IS. .O0GDG 90
Wheat and oat straw. $3.50@450 Re
The Saint Paul globe., 1905-04-16

pointingly delayed. But the Paris de-
thand was satisfied and finance bills
began TO make their appearance in our
eHchange market as a measure for
pIaclng foreign funds at the high inter-
est rates prevailing here. The foreign
uldue statement for March also had a
edSsurlng effect regarding the foreign
oH1.L Nridhse outlook, the great outgo of
coIh having served to more than over
come the paralysis of the exnort wheat
.Iaue, While the great volume of cot
ION exports has served to overcome the
IAN IN the price of that stapIe COM
pared with last year. and so restores
oe oise e raiue OF the export to above those
Consumption of Iron
Inc statistics of the production and
consumption of iron for March. reveal
ing, tonnage which reached the 2 :
VVO.OOo mark for the first month in our
history, confirmed the impression of
the brilliant state of that great hasic
industry and gave additional authority
10 the incoming flood of reports from
almost every line of industry. A ma
tural consequence has been a errovyine,
prominence in the trading of the indus
trlal securities, the movement of which
mas been very notable during the week
Speculation in this department also
mas been foStered by it's own rumors
OF combinations and extensions. The
announcement of the new issues of
capital has been constant and ON an
enormous scale, with very heavy re-
quirements ahead of the money mar
ket in consequence. Fifty per cent of
subscriptions to the 500. .OOO. 600 of
Pennsylvania bonds, all but the 10 per
cent already paid of subscriptions to
the $15,OOO,O00 of the Japanese loan.
the return of over $13,OO0,OOO of gov
ernment deposits with national banks.
an offer of $25, 100000 of New York citv
bonds, are some of the principal de-
mands to be met before the end OF
May, with the time and manner of the
S1OO,OOO,OO0 Union Pacific preferred
stock issue undetermined and a large
aggregate of smaller offerings already
announced and other large issues ru-
mored. The present tone of the specu-
Iatlon, however, reflects no apprehen-
sion of lack of means to supply these
demands and the speculative needs as
Well as without embarra Ssment.
The open market for bonds has been
quiet but large new issues have been
readily placed both here and abroad
United States bonds were all un-
changed on call on the week
The Saint Paul globe., 1905-04-16
SUMMARY OF THE DAYS TRANSACTIONS IN THE

1 car f. o. b., s5c; cars elevator. sec;
car light weight poor, 76c
Rejected Wheat--1 car. e7e; 1 car. Gle;
2 cars. 66c; car, 70c; car 74c.
No Yellow Corn-1 car, &c; 1 car,
No. 3 White oats-2 cars. 2sKc; car,
29kc; 2 cars. 29c.
No. White Oats-S cars. 2Skc; 1 car,
27Ac; ! car, 2Sc; 8 cars, 2S54c.
No. Oats-1 car, 2Sc
No. Barley car, 40c.
No. Feed Barley-1 car, 39c; part car,
3919c.
No. 2 Feed Bariey-1 car, 3e1kc.
No. 1 Flax car, S1391k
Winter Wheat-3 cars No. 3, S1O0; /
car No. 3, $1.02
The Saint Paul globe., 1905-04-16
MINNEAPOLIS FLOUR MARKET
The Market Shows No Change Either In
Demand or In Prices

Millers report that there is no improve
ment in the demand for -four BUYERS
continue to buy I'm hand to mouth way
for immediate requirements. A Buffalo
miller says: Dealers are only buying
from hand to mouth, and have been doing
so all winter, waiting for a break"
Shipments, 81, ,20S brls.
First patents $5.S5@5.95; second pat-
ents, A.65@475; first clears. s4256435.
second clears, s2.75@2.95. (These are all
+. O. b. in woody
The Saint Paul globe., 1905-04-16
CHICAGO EaopucE

CHICAGO. April 15.-Butter firm:
creameries. 24G3Oc; dairies. 22@2sc. Eggs
steady; at mark, cases included 16c
Cheese firm; daisies. 13l14c; twins. I36
1ic; Young Americas, 13@I31zc. Poultry
Live weak; turkeys. 14c; chickens. i3c
Potatoes steady; burbanks. 2O922c; ru-
rails. 20422c. Veal steady, 80 to so pound
weights. 4G4hc; Go TO 75 pound weights,
546c; so to 125 pound weights. 7G7hc.
The Saint Paul globe., 1905-04-16
DULUTH

Duluth, Minn.-May lost 1c, July &c
and September gained sc on the day
trading. July was quite active. May less
so. There was no demand here for cash
wheat for shipment either to Chicago or
elsewhere. and cash business was very
dull Stocks of wheat decreased this week
10000 bu and fax $50. 900 blu. Flax was
very dull Receipts-Wheat, 9 cars; flax.
6; corn. I; oats. 3; rye, l; barley, s; cars
on track, 26. Shipments-Wheat, 81, ,S29
bu; oats. 1850 bu. The close: Wheat.
ern. 97Ac to 81 OOA; May, 81 O4H; July,
s1.015s; September, S4Ac. Flax, cash,
81 SO; September. 81. 26; October, 81. 2s.
Oats. CSC. Rye, TIC.
The Saint Paul globe., 1905-04-16
DRY GOODS

NEW YORK. April 15.-In the dry
goods market the week ends with COM
paratively little interest In the market in
speculative way, although here and
there increased buying for immediate
wants is evidenced. Prices continue very
firm and the outlook for possible advances
Is regarded as favorable on certain lines
but the ma jority are willing TO continue
al present levels.
The Saint Paul globe., 1905-04-16
KANSAS CITY

July, 777sc; cash No 2 hard. 81 .o1@1 .o7;
No. 8. 9Sc9s1. o.; No. 4. 67@97c; No. 2
red. 81 .o2G1 .O1; No. 8. 95c@S1 .04; No. 4,
G7q97c, Corn-Steady; May, AK @447sc;
8. 45A G45i5c; No white. acc; No. 8.
45Ac. Oats-No. 2 white, 311a 032kc; No.
. mixed. 3015 631kc.
The Saint Paul globe., 1905-04-16
METAL MARKETS

NEW YORK, April 15.-The usual Sat
urday quiet pervaded the metal market
and prices underwent no quotable change
G15 90; electrolytic at SIS. .25Gi5 .3i1S:
casting at S14. S715 G15. %. The iron mar
ket is rather easy in tone at recent prices
The Saint Paul globe., 1905-04-16
CHICAGO QUOTATIONS

wheat and flour 245,O0O bu. Primary re-
ceipts, 305, 600 bu, against 900 bu a
year ago; shipments 26s, 600 bu against
$4,000 bu; Australian shipments 72O, 900
bu, last week $4,000 bu. last year 972.-
600 bu; worlds shipments estimated at
600 bu; Liverpool wheat closed
= "a 3sd lower; Paris wheat 10 centimes
lower; -four unchanged to centimes
lower. other foreign markets not re-
ported.
Chicago Cash Business-The only de-
mand for cash wheat Friday was from
mixers. Good wheat that can be made
into contract grade was picked up readily
and prices Were 1c to &c lower. sympa-
thizing with May Sales were 10000 bu.
store and sold f. o. b. at $1.15 to 81 II.
No. ) red sold at 81. OF to $1.13. No 2
hard; 81 16 to 81 .162s; No 3 hard. CSC to
81 12; No spring choice, 81 90 to 81 .O4
In Kansas City good wheat sold readily.
but poor was shade lower No. 2 hard
sold at .O2 to s1.O7 At the seaboard
exporters bought 49, 600 bu corn.
Liverpool Wheat-Realzing; talk of
large worlds shipments and the expecta-
ton of large arrivals of Australian cargoes
on coast caused opening declines Of I'D to
I'd. Corn-Both months opened I'D low
er and May later lost I'D additional, the
important factor being the estimate Of
large American shipments to Liverpool
last week.
Broomhall estimates the worlds ship
ments for this week at 10. 400. 900 bu, COM
pared with 9,4SS,0OO bu last week. OF
this quantity Europe will take about
S,SO0,OOO bu. He predicts a fair increase
on passage. Arrivals of breadstuffs into
the united kingdom the past week were
about 100000 bu, against 100000 the
previous week and 4,760,0O0 year ago.
,Weather-Cold. cloudy weather in nearly
all sections of the country. Shows in
South Dakota, Iowa, Illinois, Kansas, Mis-
Amarillo, Tex, and frosts throughout the
Ohio valley. Extreme north and north
west generally cloudy, to &c. Local SHOWS
:02 to .06: Northwest part cloudy, is to
aS; precipitation, is at Rapid City. West
and southwest part cloudy.
Forecast-Illinois, Indiana, Missouri,
Lower Michigan-Generally fair tonight
and Sunday, killing frost tonight. Mime
cold tonight and Sunday, freezing tenn
perature tonight. Upper Michigan-Partly
cloudy tonight and Sunday, with snow
near Lake Superior South and North Da-
temperature tonight, warmer in extreme
west portion Sunday. Nebraska, Kansas
Partly cloudy tonight and Sunday, freez-
ing temperature tonight.
Closing Cash Grain Prices
No: l hard, $1.11%; No. northern.
81 o95s al .1o5s No. 2 northern, 81. O35s a
durums, Ssc: @ No "ey SeIloW corn 1ic Ne No
) corn, 431kc; No. 9 oats, 275sc. No. 3
white oats, 2S5sc; barley 37@44c; rye,
5M6A MA 97Sshe; No, ! fax on spot; 81; ;SS%
April option, $l.3S24.
Puts and Calls
81 :OS1s; curb, 81 06z July puts 81 OF "a !;
calls, 81 O3s; curb, 81 O2a Milwaukee
May wheat puts, s1.12; calls, Sly; July
wheat puts. S73Se; calls. $3.50; May corn
puts, 4734c; calls. 1875 @4SHc.
MINNEAPOLIS Receipts and Shinnaents
The Saint Paul globe., 1905-04-16

Option market was inactive and weaker.
with the west closing sc to &c net
closed 53Ac. Oats-Receipts. $1,000 bu;
exports. ESQ bu; spot dull; mixed oats 26
to 80 lbs. 35G35Ac; natural white, 80 to
80 lbs. 35k@361ec; clipped white, sc to
40 lbs 3715 a 40c
The Saint Paul globe., 1905-04-16
CASH SALES
Minneapolis, April is

cars. $1.10s. S--i'
No. 2 Northern Wheat car 81 o5.h. .
cars, sl05M; car. s1.O4H; car bieache5
solI. Wv; cars, SLOAN; 1 car, $IO4.
NO. Wheat cars. 97c; IA cars. 94c: .
cars elevator, 92c; 2 cars, 96c
No. wheat-9 cars, sac: cars SIC.
The Saint Paul globe., 1905-04-16
MILWAUKEE

Milwaukee. Wis.-FIour-10c higher
Wheat-Dull; No. northern. 81 .l1@1 II;
No. , northern. 81 05p1 .09; July. S77s 40
asked Rye-Weaker: No. !, soc. Barley
STEADY; No .. SIC; sample. 4O65Oc.
Oats-hc lower; standard, 32H @32A c.
Comic lower; No. 3. 471sc; May. 47Bc
asked; puts, 4G%c asked; calls, 4SKc
asked
The Saint Paul globe., 1905-04-16
LIVERPOOL

California. 6s Cd; futures quiet; May, Bs
7Ad; July, 6s 715d; September, 6s sgd.
Corn-Spot. easy; American mixed, new,
4s 2Ad; American mixed. old. As 11ko;
futures quiet; May, As 35sd; July, IS 39sd
The Saint Paul globe., 1905-04-16
ST. Louis

st. Louis-Wheat-Easy No. 2 red cash,
elevator. 81 OF; track. 81 .09: May. 81 90;
July. S3kc; No. , hard. s1.06. Corn
Lower; No cash. 4l1kc; track. 4s1s "a
Oats.Firm: No. cash, SIC; track, S11R %
32c; May, 2S%c; No White, 33xc
The Saint Paul globe., 1905-04-16
CLOSING STOCK LIST

Quotations furnished by Edwards Wood
Co, mai In office Fifth and Robert streets,
St Paul
The Saint Paul globe., 1905-04-16
GRAIN IN REGULAR ELEVATORS
DAILY WHEAT MOVEMENT

The following are the receipts and ship
ments at the principal primary wheat
The Saint Paul globe., 1905-04-16
l2O POINTS FOR INVESTORS

Intended to answer questions asked or that stould
De asked ~ any present or prospective investor in
MINING, OIL OR INDUSTRIAL STOCKS
Tor the protection OF their interests.
REVISED EDITION will be mailed free on reouest
Ss broadway and IL New Street. New York CITY.
The Saint Paul globe., 1905-04-16
NEW YORK BONDS

Total sales for the day, zoo, 900 shares
The Saint Paul globe., 1905-04-16
uts and Calls

=, Minneapolis May puts, s1.O5; calls.
81 ;0Sh; curb, 81. 06%;. July puts, 81 0l94 |;
May wheat puts. 1.12; calls, S1.17; July
wheat puts. S72sc; calls, $3.50; May corn
puts, 471@c; calls, 4S1s @4SAc; July corn
puts, 4724c; calls, 1875 Q4S14c.
Minneapolis REGENTS and Shinnnents
The Saint Paul globe., 1905-04-16
CLOSING Cash Grain Prices

81 os5s al .1o5s; No oTthern, nh sPiess 81 osss a.
1. .049s; No wheat, 27sM94Hc: No. 1
durum, SSc; No. 3 yellow corn. Age No.
3 corn, 43hc; No. 8 oats, 275sc. No. 8
white oats, 2S5sc; barley, 37044c; rye,
76A @7SAc; No. l fax on spot. 81 3S% /;
No. fax to arrive, $1.3S%; No: flax
Anril ontiGn 81 2SaL