The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-02-18
ROUND THE TICKER
and IN The PIT
Gossip Of the Trading Floor and
About the Brokers
Office.

ROBERT ROGERS, commissioner Of
public works, and Mr.. Campbell OF
Winnipeg, were on change Yesterday.
2Soo Steel a Gates 4 toaL mos IL saad
3 PATTEN is very active as a trader
just now. He recently bought SOC, 900
May wheat and 1000, 200 ribs in one
lump, besides making other heavy
WooDWoRTH and Daggett sold
May at fr sl yssstesdasg aod !. Watson
MORGAN interests are said to DO
still committed to the bull side In
stocks.
GREAT NORTHERN was sold yes
terday by Cha1ncey prominent New
Randolph and Watson were buyers.
+ MANY stocks were for sale on the
bank statement yesterday and, accords
ing to Piper Is advices, one promnent
speculative trader is credited With
iquidating 100000 shares.
reported to be in frequent conference,
according to Lewis wire, and 1t is be-
ieved that their respective organiza-
tions are working hand-in-hand.
MONETARY outlook Is now bother
ing Wall street more than any other
of the disturbing features, says Wnal.
| money rates to harden at this period
Of the year is unusual and naturally
| Yesterdays decilen started little
variation in the long spell of dullness
in wheat. Occasional days OF activity
have come round, but for nearly two
months there has scarcely been time
when the market has been at all wild.
When the winter wheat begins to be
ssruined'' no doubt there will be some
| thing big doing. No matter what the
| outcome may be there will be periods Of
j bad scares At present everything
looks lovely in Kansas, but one can
! never tell.
! TRADERS have been running back
in their memories for a period OF dull
ness in wheat as long continued as this
| one. One man says he has not seen it
SO slow in seventeen years. Still there
have some very quiet spells not very far
back. In 1901 there was twenty day
I stretch with scarcely an important price
4 change In another period Of dullness
puts and calls, and the curb, were all
/ the same figure one day after the. close.
It is rule that extreme dullness brings
decline, but there are some notable ex-
3 broken out of the rut and advanced
rapidly, altho in a majority of cases it
works the other way.
PRIVATE wire houses have not made
their expenses for some weeks past, ex-
cept on days when fortunate enough to
. have big trade in stocks. A private
wire office, with good eastern connee-
lions, looks like finding money at times,
but there are the dull spells when com
4 like pumpkin, and money in the bank
| is necessary for the maintenance of
cheerfulness on the part Of the brokers.
4 HORSE PLAY is the expected thing
when extreme dullness comes on, and
:. whether on the New York Stock ex-
{ change or Minneapolis Chamber, capers
may be looked for. One wag posted
a long list from The Journal
: want ad page over the pit and directed
: no wheat business. As the names
went down opposite the ads, Henry
4 Moreton was found to have position
: as bushelman in North Dakota town,
; Jim Wallace was shingling roof,
George P. Case had applied for job
on an expess wagon, Sharp Stevens
went to work in brick yard, and the
outdoor work found responses from Tom
Hanson and Jack Donahue, whose com
bined weight would sink 4 scow.
: Other palpable hits were the auoting
to Kenke1 Of job in the marine corpS
. and the starting out Of Verhoeff on the
road as a diamond salesman.
PROMINENT members are pretty
well represented III the list OF absenteel
at the Chamber. George Bagley il
en-route to the Mediterranean, William
!: and Howard Commons in Florida,
e Anton HUM has been in the Bermudas
n and George F. Piper is automobiling In
a Italy. James +. Bell and J. F. Bell in
n are still absent on their Honolulu trip
g and c. j. Martin is in the West Indies
q Charles E. Lewis is in Arkanaaa