The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-11-27
GOSSIP OF THE MARKETS

New York to G, q. Lewis: Yesterdays mar.
xet was heavy on the Union Peactfc weakness
mat was caused by scattered liquidation of small
accounts and short selling by traders Selling
for both these accounts was due to disappoiht-
ment at earnings which were said to be consider
that the report is out, the earnings may be dg-
ured IN various ways and do not at first sight
appear as favorable as predicted, but believe
most optimistic and cause much higher prices
for Union Pacific stock.
New York-Watson brokers' buying Northern
Moore from Chicago: 81 think there is New
York selling Of December wheat. Logan and
Barren sold December, but did not buy any
Bradstreet's increase 5000, 900 bu; last year
increase 5000. 1000.
er; corn W. lower. ~. ..
Antwerp unchanged.
Budapest Nc higher.
Berlin Bc higher. s. :, "a
Liverpool-Argentine cable says weather condi.
lions now moIe satisfactory. India cable SAYS
crop outlook Unchanged.
Chicago to Watson: The scattered shorts are
coming in on December corn. Offerings are very
light.
Valentine buying wheat thru brokers'
oats easier, with very little doing.
Corn dull with no feature y
The weather map shows clear northwest with
light scattered SHOWS, partly cloudy over rest
of grain belt temperatures seasonable. T.
Winnipeg weather: Clear and cold. 20 above
The DowJones sheet says the Northern Pa
ciac dividend is included In the July 1 Union
Pacific statement. This is rather peculiar as it
was not declared until August and not paid
until October. ~" :
20 Total Goa searanees Wheat $4,000 bu
wheat and -four equals $4,000 bu.s
Chicago to J. D. Fraser: There is some fairly
good buying Of December wheat here this morn
London market today was Missouri, Kansas Isl Il &
Texas which is up over point above our
that Hill interests have been buying both COM
mon and preferred, in view Of the enormous
Mu Is n ds
We look for higher prices
1Syef s9 stocks fair
Ct December oct, eets this morning. Wells and
December corn and was buying May earlier.
Chicago-The receipts Of hogs at the principal
western markets today will be about "a 900 less
than year ago.
New York to Lewis: ''Ihe most remarkable
feature Of the market Is the frmness displayed
now very Heavily At this very y moment mon when hen
every trader and the stock holds firm at III.
Looks as II the stock was going in some strong
NOUS
Northwest weather: Comstock, part cloudy,
about % above; Winnipeg, clear, fine, Is above;
Grand Forks, partly cloudy and colder; Lari.
y i, :
Logan sold 100000 bu Chicago December
wheat straight. ES
Russian cable reports weather favorable for
wheat crop, but rain is wanted nj corn belt.
New York-The presidents message will be
out in about week from today. One Of the
important statements which he viii make affect
ing Wall street will be his remarks on our cur
rency. We are told he will recommend strongly
currency reform, and will say that he is prepared
to use all his influence to pass suitable curren-
cy bill in the nextc ongress.
London cables say large trade In Missouri,
friends buying.
New York wire das follows: we cannot give
you any satisfactory bids for gulf corn, for
reason that foreigners fail to- respond to cables.
It seems to us with ocean freights approaching
minimum Indifferent foreign demand and low
prices Of wheat that corn prices must come
down. ~ q g t@gsss sftsjssFss s.
The American Sugar Refining company de-
clared the regular quarterly dividends OF 1N
per cent each on It's preferred and common
stocks. 8 3
New York to Lewis Ley We understand that the
offer og So 0O0, 900 per cent convertible bonds
whic hthe Western Union Telegraph company Is
offering to it's shareholders for Subscription
at STU has been underWritten by Hahn-Loeb
& 60.