The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-12-10
ROUND THE TICKER
AND IN THE PIT
Gossip Of the Trading Floor and
About the Brokers
Office.

BARNEY sold 10000 copper yester-
JOHN GATES bought 10000 Steel
common.
MCDONALD bid 1a9 for 5000 Union
Pacific.
3. VALENTINE took some wheat on
December delivery.
ARGENTINE weather fine and wheat
BANK STATEMENT not very good;
reserves decreased $3,000,000.-- -
BROOMHALL predicts only moder-
ate changes in Monday s wheat Stats
tics. !.
LEWISOHNE Bros. were sellers of
Copper thru brokers. This looked like
insiders.
SWEET wired Whallon that pow
erful pool has been organized in =. O
o. stock. &
s. HARTMAN thinks the bank state
ment will force Secretary Shaw to take
M New VEL ELEVATOR VAT for searles, N. D.,
for the Great Northern road. Five
houses at Searles already.
ATCHISON to build l,OOO,O OO-bu:
elevator to cost 100000 at Wood and
9th streets, Chicago:
S THOMAS F. COLE of Duluth now
controls the Keewenaw property and
is bigger mining factor than ever.
VI JULES S. BACHE says that after
next week money conditions will turn
better and no more such bad bank
statements will be seen.
FINLEY BARREL says, eff I had
any good profits in stocks should Ger.
tainly take them in at this stage OF
the game. -
SLOAN of New York says, Altho
it was a pretty bad bank statement it
caused scarcely. a ripple on the Hoor OF
the exchange
SHAW Of Post & Flagg, New York
is predicting $50 for Union Pacific.
and says it looks best to him Of all the
railroad stocks.
ure showed good profits for some OF the
old-time mining men who stuck by it
all thru the last rise.
STOCKS of thirty-three copper com
panies of prominence have advanced by
$267, 100000 from the low point Of 1904
Copper metal still in great demand.
SOUTHERN PACIFIC net earnings
for October increased $l,422,O00, and
Union Pacific net for the same period
w. 81. BARTLETT thinks the present
condition Of sterling, exchange woul5
warrant the hope Of immediate golc
imports, were it not that the price OF
gold abroad is exceedingly high:
PREMIER ROUVIER'S statement
that Russia would be able to continue
interest on it's bonds for two years from
was reassuring to the French and Ger
"a AMALGAMATED sold at 80 at {
time when copper was 1014c and will
copper at 171s it sold to $50. Today
with copper at IS, Amalgamated i
quotable about SO. Based on eoppe'
low according cor to ) the bias Of the ont
BELEN mining stock sold on chang
here on Friday last at SO and two ittl
lots changed hands. The market wa
dull Saturday and no firm offers abov
SO were obtainable. No news came +
hand. Holders appear very contide e
Of good reports after the first OF tn
year.
PIPER from New York: In tn
Hawley stocks, insiders are not doin'
much with Colorado and Southern, low
Central and Minneapolis & st. Louis
but we understand that important, de
velopments in connection with thes
properties are pending WHICH may IN
movement in the market to discoun
this would be only reasonable and tn
stocks are in a position to have q falrl
substantial upward movement.
WATSON IS New York Office says
uThere is excellent authority TO
stating that the $4,000, 900 additions
stock to be issued by. the St; Paul !. roa
( for its Pacific extension will be offere
to the shareholders in the near fptur
at par. It is believed that when tn
plans Of the St. Paul directors fe
financing the new extension are bette
understood, and when it is realized ths
The building Of the extension ltse
should not be regarded unfavorabl
from any viewpoint, the stock will (
in very general demand.'
could hire enough statisticians an
clerks to make railroad schedules +
the country: for lines anywhere whlc
come into direct competition. All thu
can be accomplished in the way
rate-making is better power ov
rebating, and this, it must be admi
ted, Is e con- dey99uniy TO -
legislation goes thru and has bee
looked at from all sides for q year
SO, the railway and financial attltut
toward it may be more favorable thu
CHARLES E. LEWIS from Ne
York: "The high record for Nation
Lead this week excited little CONNER
the Vagar1es OF CnlS sLOck Oelng ~
accepted as q natural thing. Viii
most people believe that there is
basis Of fact in the reports of me
ger with the Shelters interests
version being an exchange Of LIE;
stock for American Shelters on the b
sis Of two for one-the small foatil
supply makes the advance explai
able. The Guggenheims are gene
ally credited with putting the sore,
fon an obstinate short interest, such
was some time ago located in Americ'
Smelters.
Give us orders TO sci