The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-01-14
ROUND THE TICKER
AND IN The PIT
Gossip Of the Trading Floor and
About the Brokers'
Office.

:. NEWELL, of New York, wired: Tn
less something happens that is not ON
the program, Mondays opening in
stocks will be a buoyant one,
PRINGLE crowd the best buyers OF
wheat yesterday. Shearson Hammlil
b. S. WoODWoRTH, Finley Darrell,
Logan and Wrenn, sold at least. l,O0O,-
600 bushels Chicago May oats yester-
day. The report was that J; a. Patte1
was selling, but he wired that he had
not sold any.
rather definite understanding that some
insiders who took profits in Wooden com
mon few days since, on the sharp ad-
vance. have repurchased their holdings.
It is now thought in New York, that the
upward movement will be continued. 1t
is also said that action on dividend
| for the common stock will soon be
! taken.
weeks to offer oats for export, owing
to the exereme difficulty in transporta-
ton. It is my confident opinion that
we are going to have an excellent ex'
port demand for oats, especially from
! Great Britain. 7 do not know where
she can get her supplies from, and she
will be forced to turn to America, May
oats are stagnant now and nope they
i will continue so until we sell lot Tor
EXPORT
j GEORGE F. BAKER, JR., is now vice
president Of the First National bank OF
New York, and also director OF the
Chase National, which has close con-
nections with the First National. MI
, Baker is Just twenty years old: HIS
father is president of the First Nation
al, which will account in part for the
!, remarkable promotion, altho MT. ba ah;1'
Jr., is said to possess considerable aeli-
ity, and much maturity of Judgment Tor
: . THOMAS Tta1 N F. RYAN put some of his
, old enemies to the bad during the re-
cent New York bank elections. James
W. Alexander, Richard A. McCurdy,
7 Chauncey Depew, James Haze1 Hyde
a from the directorate of the Bank OF
I Commerce, and Ryan men took their
+ HOYT, who travels thru Illinois and
|. Iowa for W. II. Lake: f'I have covered
s Iowa and part of Illinois tho past few
u weeks and never saw as little doing at
q stations at this season of the year as
e I found during the past ten days: There
- is no disposition on the patr OF farmers
: to market either corn oreoats at going
Il prices. There is no unusual amount of
P oats back and stocks are lighter than
Is usual at some points. ] am looking for
y an advance in both corn and oats.
y JOHN W. GATES saysD-'sIt can
=. hardly be gainsaid that optimism on
l 3 Amalgamated Copper is at high rate:
q, The persistent substantial buying OF
Id the stock and the manner in which the
advances are maintained have created
as strong impression, and the genera
T. feeling is that the upward current WI
II be continued for several points yet. In
lg this connection predictions are being
as made that the stock will be l2O mex
W. week.
he E. W. DENNIS of Chicago, says
P "About month ago bran and mid
or dlings were selling at $l1:25 in Mime
We apolis; now 1925 to $14.25. In Ghica
nd 90 at the same time it was selling a
:, $1425; now $17.25, rejecting an ad
all vance of from So to So per ton. TIL
of reason Why's The millers shot thei
IFS heads off selling it for export in thei
ey fall, and now with the annual shut
ms down everybody is short of feed.
gs EVANS of the New York Stock E1
change wired. "The bull market is i
ie, full swing. The banks have game
he $12OOO,0O0 in CO sh this week. Ther
Ia is nothing in sight to stop the move
he ment. I look for strong and activ
lch ing on Monday morning. Nothing br
per temporary reactions from time to tin
ng are to be expected
ing HARRIMAN'S office wired, Bull
its ish enthusiasm is growing as result {
nat the demonstration of strength and Co
act troll, and the indications for Monday
sed market are for continued activity ar
1ch strength. The enormous gain in cas
made by the banks is usual at this p
Rod, but as it is coincident with il
provement in the foreign money marke
! it will have an important influence {
!, ., speculative opinion and will result in
nas broadening Of speculation outside
a an6 Wall street, and further participation
IVY the market on the part of the public.