The Saint Paul globe., 1905-04-09
GRAIN IN REGULAR ELEVATORS
Mime mills AnriI q
SPECULATIVE GOSSIP

More wheat will be raised in the spring
wheat territory this year than ever be-
fore, especially across the line in Canada,
says e. j. Murphy. auditor for A. ].
CUMMINGS. who has just returned from
an extended trip through the Northwest,
ana s. as farmers had good fall for plow-
ing ana getting their land in shape. Mr..
Murphy further says an early seeded crop
will be the outcome.
Kansas City-FoIlowing letter from AL
ton (Kan.) grain dealer: For some rea-
son nearly all the growing wheat is turn
ing yellow. Talked with several farmers
today and all say it is a fact. The writer
had not examined it,. but some of the
farmers, however. claim that there is a
worm In 1T. To what extent / am unable
to say. hope, however. it will not ter
inmate seriously. Will write you later re-
Chicago-The markets are very quiet.
everybody waiting for the government re-
port to be out of the way. There is more
of July this morning.
Chicago-Market opened unchanged.
with very light trade and without fea-
Chandler and Hulburd Warren sellers.
Z. A. King Co. of Toledo wires: Kan
sas April report wheat condition, s. last
December So. national report 81. year
ago 80. Crop last year badly damaged by
floods in June turned out 65, ,000, 900.
Chicago-Rather- easy tone to oats Sell
Ing is by. local traders led by Friedman
and Tuttle., About only demand is by
commission houses on resting orders.
Kansas City-Coburn's report on Kan
sas condition winter wheat 95: 1t is about
hVe points better than ANTICIPATED
Chicago-The markets are very ouiet
everybody waiting for the government re-
| port to be out Of the way. There is more
OF that buying OF May corn and selling of
New York-All the information-on Ca
madam Pacific is of decidedly bullish
character Advices from London and
Canada indicate that the stock has been
heavily bought; these interests and an
upward movement will be carried much
higher 1t is predicted that it will cross
100 in early part of the coming week
New York-McIntyre says: The outlool,
for the bank statement is that IT viii not
show any important change either way
In surplus reserves and will therefore not
be a factor in the market. NV
New York-Opinion seems very gener-
ally held that st. Paul stock is to have
very substantial advance. Men who have
had good information regarding properties
controlled by the same Interest who con-
troi say the latter property Is even
claimed that one large interest has sold
the present market quotation.
New York-The market closed irregu-
lar, but on the whole shows a lower
range OF prices Throughout the marked
displayed much nervousness, prices
changing very rapidly. The independent
steel properties were under pressure but
tne United States Steels showed stubborn
| strength. The bank statement was not a
| FACTOR. The character of the market
| seems to US intensely professional. The
! ADVANCE undoubtedly invited profit taking
/ on a large scale and the market does moi
look as healthy as it did earlier in the
week. II present manipulation continues
| In the industrial department we would
not be surprised to see lower quotations
OF railroad stocks.
New York-The week ends with a fair
/ ly good reaction in progress owing to tht
great advance in the Industrial list for the
| week. We think the profit taking win do
the market good and put II I'm a position
Tor a further advance next week Their,
was little news going around and the re.
action was the result of realizing fol
| over Sunday. We expect the railroad
stocks to be leaders next week and favol
buying the good ones on reactions Xix,
| the present one.