The Saint Paul globe., 1905-01-18
SPECULATIVE GOSSIP

Chicago-To Sidney C. Love & Co. Min
nieapoils; Sentiment here is getting bear
lsn, ana may encourage short selling,
sition of market -
Chicago-The local speculative element
In provisions is long and bullish. This ac
counts for the steadiness of the market
lately The receipts of hogs are liberal.
prices showing gradual decline, and / be.
iieve .a.s5i from al the Information can get
ests and cash trade provisions are a sale
for a fair profit
Chicago-Corn market opened unchanged
70 Snade easier In sympathy with lower
cables Trade extremely light and with
out feature.
a.. A Nebraska corn house wires: The
and 1t looks as though the crop had been
overestimated. Where they bought so 600
pu OF corn on their line a year ago, yester-5
day they bought 5000 bu''
Chicago-Some selling of wheat by w.
q L. and s G. Love, and stop orders
caused caused ~ weak opening Limit orders
apouna arc 1ne sl.lS reacted the market to s1.15s
glib Strong undertone to market.
COMMISSION houses have been the buyers
this morning, giving the market fair
support 1s'--
Kansas City-Every cash man here ;s
pusy sending wires all over trying to draw
BIDS ON wheat, but there is absolutely
Ihotning Iota , DONG; Even at to 5 decline we
four cars sold out of It's on floor, and it
looks now like another severe slump in
cash prices today.
GnleSagoLOats ,zaS 2pened steady. There are
good many oaNs wanted at 30Mc with
only single sale at that Rosenbe1 nm, has
been fair buyer of July.
Cnlcago-Seems to be wheat wanted by
commission houses at s1.15 on resting or.
ders. Scalpers buying on orders paving
split, which checks decline.
TN weather aaais in wheat district in Argen-
provinces Of Santa Fe and Entire Rios.
also IN places In provinces of Cordoba and
BuenOS AyreS
ST. Louis-Thirty-fou cars wheat re-
celved here yesterday from Chicago, all
OF which were supposed to inspect No. Q
red UNDERSTAND that some of it is being
cause of light weight and a too large per
centage of western wheat.
st: Louis--To immediate buyers of May
the St Louis market is the cheapest place
day our May sold s1.20A, today it Is
$1.14A The slump has been due prin-
fapalt elpaliy to Liquidation and large short in
Chicago-Commission houses have been
the best buyers lately in wheat Finley,
Barrell as4. and Logan being prominent Dag
bidding for s1.0o, which worked up
strength in July and helped the May.
LgSaly SaM 5urn TnrhdHo either way quickly .
National bank interests are again being
credited with buying heavily of Reading.
Al sorts Of prices are predicted for it.
OHc SUI y=ildS IL. hedQ1nS and b. IL o.
are to be consolidated in some manner for
purpose of putting both under one man
agement- Wasserman was bidding the
stock up this morning, and rumors of
Gates and also Philadelphia buying, were
again heard
New. York-It is reported in good quar-
ters this morning that accumulation of
3. r.. T. has been going on by Philadel-
phia, houses for some time. It is limited
in this connection that the buying is in
pehalf OF the Belmont interests.
New York-The, dividend that Reading
pays does not justify the prices. so the
room thinks that there is some deal pend
ing; or else that there is short interest
undoubtedly extended The floating sup
ply is small
New York-Loudon reports very cheer
iul sentiment in speculative dealings. al
though not much activity The Steel
stocks particularly are strong. They have
very. high IDEAS over there regarding the
coming Steel statement, and are quite
bulllsh on the company's shares.
New York-It is expected that the Steel
stocks will become more prominent for an
advance in the near future as rejecting
much better returns not only net earnings,
but in largely increased orders on hand