The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-26
GOSSIP OF THE MARKETS

George ]. Gould, in an optimistic interview
over speculation in real estate or anything else
and that all our railroads prosperous, and
the only question is how they handle the
traffic with the equipment on hand, and he
sees no limit to our present prosperity. > ~
New York to Watsos-The stock market
speaks for itself, a dull dragging affair, re-
aecting but little interest in any direction,
the narrow fluctuations here merely result Of
traders operations manipulating for small
profits ,oias Neither the Norfolk s Western new
Ohio statement attracted any attention. Poll
tics was the main topic of conversation. AS
election day draws nearer we will no doubt
electi on The betting has fallen to ~ to- l.
showing an inclination to consider his chances
more favorable Prospects are for bad bank
reserves will be wiped out. This exerted some
influence.
New York to Stephens-Banks have lost to
the subtreasury $1,000 900 since Friday In the
absence of important news bearing on the sit
uation, technicalities must be used in forming
an opinion as to immediate movements The
OF last Saturday. Indicating that stocks bought
on that decline for support have been sold
out; r, Owing to the extensive short interest 1t
ci1nes, and the buying from this source will
give an appearance Of strength from time to
time time, thus giving favorable opportunities for
New York to Lewis-A we1l-p posted banker
says; "should Hearst be elected governor,there
Is absolutely no doubt that Roosevelt will be
the next republican candidate for president. -
Babcock, Chicago, to Piper-My position Is
| unchanged. We cannot expect much of a bull
market until we know more about the probable
results Of the election in New York think
they will try and hold the market fairly
steady, but the universal demand of railroad
employees for increased pay and shorter hours
Is having bad effect. Railroad officials are
much worried about the situation, but think
these matters will all be adjusted, but small
hrebrand sometimes starts big fire. To those
who feel confident Of the result of the election
stocks ought to be big, purchase day or
| 80 before election. At present l continue to
advise conservatism. - = = = --ssE.7.,..s
| New York to Whallon-There are reported a
| number OF stops below the closing levels of
cline yesterday, but could not be got Room
selling this morning and Offering down was
said to be for these stocks. Rumors of trouble
At tins EXITING there
as the forerunner of another y
Washington. D. C:-The treasury has author
lied transfer by wire Of So 1855 900 foreign gold
from San Francisco to New York.
| New York to Watson The bears are press-
ing this market pretty hard, looking for weak
justify the efforts = y.
| New York-The selling Of Reading is liuuida-
ton. The floor has story OF further investi-
CATION at the opening of congress Of the coal
roads, ,eE 1891
Jackson wired: "Shorts In December corr
! have been free buyers today, also buying by ele
vator people taking off their hedges Refusal
of farmers to sell at current prices the basis
| Of the buying"
Antwerp unchanged
Liverpool wheat closed 4s@Ad lower; corr
! unchanged
Berlin unchanged, Budapest unchanged.
| Argentine shipments: This week, 1850,
600 bu; last week, 243O, 600; last year, 1926
600. {.