The Saint Paul globe., 1905-04-15
SPECULATIVE GOSSIP

in the far deliveries are restless and in
scsia sesLenr T, purchases @ ,d, are on growing
suits from the fact that the bearish news
has lost its force and insufficient moisture
with cold temperature is ground for the
increasing volume of complaints which are
not confined alone to the winter wheat
territory
G. A. King & Co of Toledo say of
1t generally Is in times OF trouble. like the
present on May wheat here. Some of our
friends who have been sending few
trial cars there have so found it,
Edwards Wood Co.: May corn opened
strong around 49bc on country advices
that bids were getting no corn. but the
as result OF the reaction in wheat. We
look for this setback to be only tempo
rary and under continued bullish statis-
t,; ues as at present prices will soon be es-
tablishing new high marks.
Chicago-The corn market opened
higher on the strength in wheat. B. F.
and c. pretty good buyers of May. and
Wells buyer of July corn. Commission
houses best sellers.
Chicago-You will notice Broomhali
says 100000 bu OF the wheat Argentina
tinent. against 100000 bu the previous
week. Somebody seems to want IL. 1t
seems impossible to get any cargoes off
coast They are all sold as fast as they
Kansas City-Brokers who act for Ar
mour have been buying our July and
Stiiln SOuT september at &C OlI1SrGnCe lot
three days, and are still at il.
Chicago-Been lot of weakly held corn
sold out this morning. Situation healthy
and now not much for sale at the decline.
Buy the corn on all these little setbacks.
The following from Sunderland & Up
dixie. Omaha: Western Union Telegraph
company says no rain in Kansas and none
In Nebraska. 1t is showing a little at
Carbon, Neb. 1t was very cold here last
night; about one quarter inch ice froze last
night; It is clear and cold this morning:
with high north winds. No indications of
rain.
Chicago-Toledo ships $4,000 bu of
wheat today. This is cargo of spring
wheat which has been af1oat all winter
little wheat here which would grade In
your market
orthwein. Kansas City. wires: Message
this morning says 1t is freezing around
Concordia. Kan. and some damage re-
ported to wheat in that section.
Chicago-John T. Milliken of st. Louis
100000 bu short July wheat in this mar
ket, circumstance which gave local bulls
more faith in the crop damage reports
which ST. Louis correspondents of local
Nebraska City. Neb., wires: No rain,
cold and dry; complaints coming in right
along wheat turning yellow.
Chicago-Sickel Roberts name given up
by brokers who sold July wheat on open
ing b. F. and c. good sellers. Valentine
offering wheat in 80 lots openly.
IT
by Lamson. the big buyer of yesterday.
Buckley. and POpple & Co. also fair buy
ers. Selling is scattered mostly by COM
mission houses.
Lincoln. Neb. wires: Ice here and at
Barr last night No precipitation; very
dry. Thomas Cochrane. one of the old
est grain men in this state, says it is the
dryeSt spring he ever saw.
New York-Tbe upward movement IN
Amalgamated Copper has developed a de-
cided bullish feeling on it, and predic-
Nl.ne q coll IL
with some measure of confidence. One
reason for the upward movement is found
in the rumors of an important deal likely
to be carried through and in the very
strong position of the copper metal mar
ket The Amalgamated directors will
meet next Thursday to declare the divi-
dend question; An increased rate is prac-
tically assured, and il is believed a finan-
cial statement will be issued that will ex-
ceed the most sanguine predictions.
New York-After midday the market
the second hour. There has been a good
deal OF covering of shorts in the aggre-
gate and commission houses seemed to be
taking very fair quantity of stock. The
uptown traders We're more bullish than
they have been lately. 1t is said that the
buying of American woolen has been good
and is part OF a plan to more widely dis
tribute the common stock. which is still
to a large extent in first hands. The
earnings are good and the public seems
disposed to buy industrial stocks at
present.
New York-It is said that general
movement to include Mexican Central.
Denver common and Colorado Southern
issues is in sight. 1t is based on the poi
icy of extension adopted by the last
named road.
New York-There is much guessing re-
garding the movement in American
smelling stocks. but those in close touch
with the affairs of the company maintain
that developments now in progress will
add very materially TO the intrinsic value
OF the common stock. AS a 5 per cent
dividend payer it Is selling high, but it is
said to be only a matter of time when
the dividend will be on a much higher
basis. Traders not in touch with the
movement have sold stock on the advance
only to take it back at a loss.
New York-Dick says: I'VE look for
further improvement, particularly in
stocks of the better class. There seems
to be a decided Improvement in senti-
ment in conservative quarters There is
positive talk on Union Pacific. We think
the stock will work higher. ST. Paul and
New York Central promise Improvement