The Saint Paul globe., 1905-04-11
SPECULATIVE GOSSIP

hall tells his English friends that il is n
practical certainty that the United States
VIII not raise bumper crop this season.
He does not think it will be a period of
supe@ra era bundant supplies. He expects
tina has 6.00O000. Importing countries
season.
Chicago-"The primary receipts of corn
from this crop says local trader.
have been enormous; the feeding on the
farms has been big and profitable. and is
plus corn around 90 cents bushel There
Is the situation You cannot buy corn in
the country at present good prices to sat
isfy the demand. The long side of the
market is on solid foundation
Edwards Wood Co. = The government
report was; of course, the only thing con-
winter wheat is expected and has been
Tor weeks. during which time the price
mas Deen lowered to such an extent that
a good showing has undoubtedly been
discounted.
Stocks of grain in regular warehouses:
Wheat IL l. 81; 600 bu, increase 100000 bu;
oats 2,425.OO0 bu. increase 173, 900 bu
Omaha wires: Partly cloudy and cool
THIS morning with light northwest winds.
Looks like going to turn colder. Yester-
day II was clear and warm with high
winds; was out in the country; saw sew
eral farmers plowing. The ground turned
over looked dry and loose, and they all
agreed that We needed rain very soon.
Shlcago-Cudahy brokers buying May
wheat. started in at s1.15, now s1.15s.
Peavey best buyer of May so far today
Armour made rush on May and sold 10
at sl.lSA, but was scared off from selling
more by the demand at s1.15. Ware and
Leland bought in small way.
Chlcago-The boats that have loaded
with wheat at Duluth for shipment either
TO Buffalo or Chicago will not affect the
contract stocks of wheat in this market
whether they come here not as their
cargoes are not Duluth No. / northern.
but NO. northern and No. 3 spring.
HI -
to contract quality in this market
Chicago-Bradstreets says: 1--WE
shipped S,50O.OO0 bu corn last week, yet
me me- amount on passage decreased over
100000 bu just the same. Shows corn is
going into consumption in new places
abroad, and fast at that
LanderS of London saws that unless
wheat exports from Argentina decrease
shipments OF corn are not likely to be
heaXy for some time, as most of the
available ocean tonnage has been char
New York-Wire from Winnipeg to Bee
man man, says Unseasonable change in
forenoon. hard frost, stormy. dry
up to this morning, but beginning
10 snow here now. Thermometer
at m, 20 above zero. Was down
to II over night. Looks like spell this
weather for few days.
Chicago-There is from 1000 900 to
l,5OO,O bu corn loading here. which will
clear this week, and the bulk OF it is likely
to clear in any twenty-four hours now
Halliday of Cairo ILL.,. saws: "Our corn
buyer just in from trip over the Big Four
says over SO per cent of the corn crop has
moved This covers the line from Chicago
to Cairo.
encouraging to the bears and does not
disappoint the bulls. Copper is by all
means the most active on the list and
presents the strongest front 1t Certainly
looks as II it would sell up $5 to $40 a
share higher during the next ten days
l hear BROOKLYN is also to have a decided
ADVANCE. The pool is working in Rock
Island evidently trying to depress the
stock to buy upon. There is strong talk
on the floor of Locomotive going to 40.
undertone ThinS WSHn yho%s 6ndeD an excellent lent
through selling the market will advance
and close strong.
New York-Although it is believed that
the attempt to bring a merger of the
southern iron companies has halted by the
withdrawal of the Sloss- Sheffield COM
pany II is understood nevertheless that
the plan has not been abandoned and will
again be taken up later on 1t is now re-
ported that similar movement has been
commenced to merge number of Vir-
ginia coal and iron companies outside of
the Virginia Iron, Coal and Coke COM
pany 1t is proposed to form new com
pany with capital of 500, ,000. 900 and to
take in about ten of the smaller com
panies.
New York-It is reported that this
would be the heaviest season in the his
tory of the iron ore movement and that
the lake fleet of the Steel corporation will
bring down about IL, 900 900 tons The
corporation has experienced difficulty in
obtaining the necessary amount of raw
material, and has been forced to go into
the open market as a large buyer of pig
iron
New York-Dick says: I'VE look for an
irregular market today. Somewhat lower
prices are not unlikely. We hear further
positive bull talk on Copper. Sentiment
on the grangers is more bullish.'
New York; am still told on good au-
thority that A. c. p. will sell at 90 before
IT has any material reaction. London is
estimated TO have been a seller of from
$4,000 to 10000 shares stocks on balance
today.