The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-02
ROUND THE TICKER
AND IN THE PIT
Gossip of the Trading Floor and
About the Brokers'
Office.

j; W. Gates bought Union Pacific yes
Bank statement was much better than
expected. "a
IN National tic City bank engaged 100000
Twin city net earnings for seven
months equal ~ per cent on common
stock. -
Twenty-eight railroads for July show
cent.
Thirty-nine railroads for the first
week Of August show increased gross
earnings of 1896 per cent.
Shearson-Hamill' s wire to Whallon
says $5,O00,000 gold was engaged yes
terday and will be announced on Tues
day.
wheat purchase at this time.''
Chicago to load out 100000 bu oats de-
livered on September contracts.
Chicago wired Lewis that export bids
were decidedly better from the United
Kingdom On both spring and winter
wheat.
Allen, the New York exporter, wired
that there is no ray of hope in the ex-
port situation and that foreign buyers
will not come in.
Cummings says the wheat market will
do better now that the September de-
livery uncertainty is out of the way.
B. W. Snow is in the Canadian west
and he makes the wheat crop of Man
itoba and the provinces 90,000,00O bu.
A. l.. Searle has samples of winter
wheat raised at Swan River, Sask.,
about $50 miles northwest of Winni-
peg. The seed was obtained in Kan
sas. The results are astonishing. The
wheat yielded forty-two bushels to the
acre and was of finest possible grade,
weighing as high as sixty two lbs to the
bushel. This illustrates the mistake Of
calling the country the Canadian north
west, which to fasteners and southern
ers, often uniformed, conveys the idea
of cold climate. The fact that winter
wheat will do so we'll in Saskatchewan
will be an eyeopener to many.
Secretary Ely of the New York Stock
exchange gives notice that the St. Paul
railroad has announced the Stock ex-
change an increase in the company's
authorized common stock from $685.
Finley Darrell to Piper-The dreaded
September liquidation arrived and
wheat and corn and oats have all been
taken care Of quietly. Wheat, corn and
oats in my judgment are a good pur-
chase for turn. -.-
Randolph, New York, says: EOur
old favorite, Union Pacific, is doing
pretty well and 5000 share is a GER
tainty in the near future unless some
unexpected calamity occurs. and as
10 per cent stock it is well worth it,
and more too.''
Shearson to Whallon-It is pretty
generally understood here that large
amounts of gold, and some quarters put
it $l5,O00,000, have been engaged for
next week, but not announced. Looks
as tho Union Pacific is in for material
rise early next week. Atchison is also
slated for an advance.
The New York Sun says: sfThe pre-
ferred stockholders Of the Wisconsin
Central are beginning to take an active
interest in the coming election of direc-
tors, when they demand the right to
elect a majority of the board. The
majority comedies that the organization
agreement especially provides that in
the event of failure to declare divi-
dend On the preferred stock within two
years after the expiration of the vot-
ing trust the preferred stock should
elect majority Of the board. This two
years expired in July and no dividend
has been declared, altho it is asserted
that actual earnings are much more
than sufficient to justify it.''