The Saint Paul globe., 1905-02-08
SPECULATIVE GOSSIP

Chicago-To Sidney c. Love & Co. Min
neapolis: Local crowd very bearish; trade
light, but think wheat can be bought on
declines today.
Chicago "A Liverpool house cables:
Broomhall makes wheat in and afioat for
Europe. increase 6.360.000 bu. Wheat and
corn quiet and steady with very light
speculation. Cash demand for wheat mod
crate ana prices steady. Holders of corn
are very firm. The demand is chiefly for
shipment coastwise. Stocks in store are
large"
Chicago-Private elevator stocks: Wheat
z'SSa6'o o00 bu, decrease 10000 bu; corn.
$4,000 bu. decrease $4,000 bu.
Kansas City-35, 600 bu 56-lb No. 3 hard
gust sold out of store at $1.07 TO Rex
Chicago-oats holding steady on buying
by McReynolds against sales of corn.
Ware & Leland Creighton & Sterling also
buyers on fair scale. b. F. C. and North
ern Grain company best sellers.
Chicago-Wheat is dull, but has good
undertone. Think market will respond
quickly to any. good buying orders, as
local crowd are short a little wheat
St Louis-Brinson tells me they sold a
few days ago three cars scant No 2 red
wheat + o. b., cars at Seneca. Mo-, to go
to Southeast mills equal TO 81 20 here
Chicago-While our bids in the country
last night were as high as any of our
competitors we did not buy a bushel of
corn and only 5000 bu of oats.
Chicago-Wheat rules steady with mod
crate buying by commission houses. Ware
& Leland and Barrell were leading sellers
OF May at H.16% @1.16Ss. Local talent
Kansas City-With forty cars of wheat
carried over here from yesterday and re-
ceipts today 40 cars, miliers are holding
off and supplies accommodating This
means good breaK in the cash market
here.
Chicago-Corn market very.stubborn in
the the face of of the heavy selling by, Valentine,
hands such as w. II. Lake. Sterling, B. F.
and G, think ii would rally to any bull
ish reports quickly.
New York-To A ] Cummings. The
traction situation continues to be interest,"
ing, and there is so much smoke there
must be some fire. The gossip is vague,
but vagaries of the stocks seem to be sig
nificant of something. The outlook for
the market Is good.
New York = Union Pacific is still a
On any drives We think both Union Pa
cific and Southern Pacific should be
bought.
New Yorl1-We are informed on fair au-
thorlty that a strong pool of insiders has
been formed in Tennessee Coal. They are,
of course, familiar with the earnings.
which are said to be large. The orders
it is said.
New York-Earnings of Rock Island for
December, gross increase $5S5S0. net de-
crease $79.l93. Twin City Rapid Transit.
fourth week of January, increase 5,S43,
months increase $20.116.
New York = People who are buying
Leather, common say that the financing
plan will ultimately go through They be.
lieve that the Armour Valentine holdings
of the preferred are being added to daily
and that there is fair chance of them
obtaining by private sale a balance suf-
hcient TO make up the so per cent neces-
sary in order to vote the financial changes
London, 2;l5 p, m.-Owing to a revival
of rumors pointing to negotiations for
peace in the far East. the stock exchange
markets show an all-around Improvement
New York-Do not worry about railroad
leg1sla tion; nothing will be done until the
subject has been thoroughly threshed out.
Everything looks favorable for higher
values. and we would not be surprised to
see strong advancing market before the
close. Buy n. d w, Pennsylvania B. a
o, Reading Common. Erie's and the Har-
rimanS.
New York-Atchison and Union Pa
cific are now acting strong. The buying
in Union Pacific is by Gates and r J.
Taylor; Atchison by Wasserman and com
mission houses