The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-01
ROUND THE TICKER
and IN THE PIT
Gossip Of the Trading Floor and
About the Brokers
Office.

GATES bought 1900 Great Northern
yesterday.
BANK statement not very good, but
April disbursements will Offset it.
: CHICAGO expected to draw on New
York for currency soon.
hedges in Chicago May and put them
out again in July and September.
WALL STREET figures the situation
in the bituminous regions as favorably
compared with that in the anthrae:.e
fields. Dow Jones predicts that the
strike will be only partial.
dad FEATURE of the bank
statement says Van Amberg, SIS the
persistent tendency to excess OF loans
over deposits.
H; y; JONES will get into the south
e. M. SCHWAB says iron and steel
conditions could not be better.
WHEAT looks top heavy to me-,
saws Bartlett. Shorts have covered
freely and the market will sell off. -
GEORGE MARCY seemed certain,
from his statements to the Chicago
press, that rule to advance commls-
sions in Minneapolis in line with Chi
cago would pass easily. This is by no
means as sure as might be supposed.
The Grain Dealers journal makes the
comment that Chicago has lost nothing
and other markets have gained moth
ing, but that is hardly the case. Min
neapolis will have better chance to
see how it works out when speculation
! increases later on.
| CHARLES E. LEWIS has gone up
| from New York to Boston and will be
| back in Minneapolis about Friday next,
if Lawson .doesn' It get him.
HARRY BERGER of Milwaukee and
| - onnoorad hpfnro
/ Judge Bethea in the district court in
Chicago and got action. Berger con
tends that the recent move of the Chi
cago board against Milwaukee will work
/ him great Jury as member of the
/ Milwaukee chamber, and he is out to
"BEAR IN MIND" says G. G..
Smith of the New York Stock exchange,
athat every one has expected strike
and we have prepared for 1T, SO the
market may steady down and then later
on get sharp rise. 1t IS a loss, how
] THRILLING historical novel, The
Flax Crop from the Time of Adam,
that ran thru 1,025 successive daily IS
j sues of the Duluth Commercial Record,
will soon appear in book form.
"THREE years were required" said
4 AL Chambers, s. for the spectators to
/ learn that it was dangerous to sell
wheat short, and it may require three
years more to teach them that it is dan
gerous to buy it. -
I "SIX DAGOS Dead said pit
& trader when the news of the Wash
ington avenue murders came OF
change. Then the consumption viii
be decreased and macaroni wheat Is 9
sale. eat any rate he continued
sthat is no more foolish than some OF
the bear arguments on wheat one hears
nowadays
chad A LONG TALK with vice
| wired E. Shearson to Fred Whallon
"He feels assured the free Geohol bill
will pass both house and senate and h'
can, see. nothing but materially higher
4 prices. He feels that the stock is as
sured of per cent on the present tai
and if the new bill passed it ought II
earn at least % per cent year. Th'
possibilities of the company under thu
passage of the bill are enormous. l.
, the stock is on a permanent per cen
basis, which am led to believe, do no
see how man can lose much, while Their
is the possibility of making a hand
some profit. If anything should happier
. to depress the stock market, of cours
! Distillers will sell off with the rest.
PIPER, from New York: "Specuia
! ton will very likely continue of mod
crate proportions and no considerable
activity can reasonably be looked TO
} until existing labor uncertainties ar
eliminated, which pleasing change SOM
= of our best posted financiers confidentl,
look forward to within the next fev
weeks. -