The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-12-27

New York-Scattered competitive buying or
ders in the active stocks made higher opening:
Business very light and market quiet at con-
&C ssions.
New York to g.. 3. Lewis-As long as none
tary conditions dominate the stock market and
there is no ample return of the money sent t.
the west and southwest. we look for profess
sionalism to control the trading. good stocks
and bad going thru the backing and filling opera
tions disheartening to those who would seek
position and stand by it in the hope of turning
profit reasonably soon: Secretary Shaw does
ent. and our bankers are afraid to seek gold
aggressively abroad, while it is evident that
they must make further preparations for the
January dividends, especially as, they. are again
expect to see continued liquidation in the mar
ket, process that will not be without its effect
situation as nothing else can. So we will advise
waiting for very sharp reaction before taking
Great, Northern stock issue will scarcely avail
to depress the stock much further in view Of the
decline already suffered. The copper and steel
Central North Western, Atchison, Shelters and
National Lead are worthy purchases in the event
Of any sharp breaks We would S also favor the
government Investigation to begin next week
been Of and
less today. The continued liquidation of North
ern 9. Pacific. carrying the price to ne lowest
apparently comes from scattered sources. per-
haps frightened out more by the lack Of sup
port at these comparatively low figures than by
the present prices Of Northern Pacific and the
price at which the new stock can be bought by
tns rshs ana the poasSg Of cash dT
fh end being which a BY the terms
pate in misunderstanding regarding the ap-
parent difference in prices of the old and new
sf6ek IN part for N9rthern Pa
able uncertainty regarding the stability of the
rest Of the list resulted from the unaccountable
on such Stocks in fact
ua:t r. lately
road service was adequate, large quantities Of
grain would reach the seaboard and that ex-
Fort, clearances would be larger. Altho this
they do not see good clearanees every day.'' !"
=, Piper, from n Chicago; Patten buying May oats
Comstock buying May wheat.
. Crosby, ', Chicago, to Whallon: The receipts
OF wheat In this market are mainly hard winter
in today. Very little of it moving anywhere.
The hard winter is brought here by elevator peo-
pie It the equivalent Of Sc to s
cool. light southwest wind. Larimore. light
south wind clear. warmer, Hillsboro,, cloudy,
cold; about 10 below. Grand Forks cloudy and and
Wha1lon from New York;: Market is quietly
strong. The remarkable strength In Anal
gamated and the Steel shares had a good effect
sentiment. 'Es.s@tt - -. = -
Total elearances: Wheat. 2s4, 900 bu; -four,
Wheat and -four equal 800, 900 bu.
turned from New York early this morning. He
said he had no views to express on the money
situation" +! '.,,s~-@.@
The correspondents in Argentine of two differ
emit Chicago houses estimate the wheat crop of
that country at less than last year; one cables
Is per cent less. r. yEga.~,-
New York to WhaIon-There is very bullish
feeling getting. into Copper. =,
| New York reports four loads corn; no wheat
for export. T. ;.,.syi,,, = ~
A strike is threatened at Buenos Aires which
may interfere: with wheat shipments.
Argentine shipments this :. week 400, 600 bu;
last week. 200, 900; last: year. 976,O 900 bu.
Liverpool close: Wheat, I'D lower; corn,
sd lower to I'D higher.
Corn, shippers are again asking for extern
sions Of time owing to lack Of cars
Berlin close: Wheat, 1ac higher.
Budapest close: Wheat, Nc higher
Oats were firm, with light, featureless
trade. - (. So. / .5'..g .---
Winnipeg weather: Cloudy, calm 2 below.
Piper FROM New York-The market opened
with Reading, the Hill stocks and st. Paul fine
principal features. London bought about 10 900
shares on balance. The banks and treasury
break above even far this week. Money is
now ending at II per cent. American Ice securi-
ties have commanded premium Of as much as
2 per cent. There seems to be small corner
developing in this stock. -.