The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-08
ROUND THE TICKER
And IN THE PIT
Gossip of the Trading Floor and
About the Brokers'
Office.

POEHLER'S adyices report wheat
seeding on all high lands in northwest
and seeding general by Tuesday next
with good weather.
MOVES says, HThere can be no
change in wheat except for the worse.
All the good has been heard about the
crops.
ATTERBURY wired, "Bank state
ment worse than expected in the loan
ITEM
w. III. BARTLETT says oats are a
purchase ON any setback.
]. j. HILL proposes to make park
out of Mulberry Bend and the China
town Of New York city. This is an
other J. J., however, a Gotham park
and landscape expert.
LONDoN'S fortnightlly settlement
begins on Monday and may effect
stocks a little.
TWENTY CENT copper is predic-
ton of thesday in New York.
SHAW is said to regard the recent
high rates as fictitious and to have de-
clared that the treasury will do moth
! ing.
BULLS in stocks say yesterdays
| bad bank statement marks low point
/ Of the year.
/ ONE CAR wheat showed up in Chi
cago again on Friday and the dissatis-
J fed element on the Chicago board again
i got facetious over the big business do
/ ing under present policy of the board.
J. A. PATTEN says: ''Wheat may
be sale, but I cannot get up courage
i to, do it, especially as we are going to
] see strong coarse grains and provisions
WATSON'S office says the bad bank
statement was undoubtedly expected
etnd fully discounted
1 RANDOLPH wired Piper: "Do not
be surprised at any interest changes
seen this month";
i c. W. HAMMILL to Fred Whallen:
Business in stocks practically nothing.
/ Theory here that money will be easier
next week. Gold importations talked
about. -
h J. F. HARRIS and Sam Scotch, of
! ris-Scotten, are rumored to have de-
i cided to retire from business, but con-
firmation is lacking. Both are veterans
1 of the grain trade.
Il CUMMING IS circular says: One Pc
culiar feature of the situation is that
on Thursday last Chicago May wheat
4 closed 1SA cents lower than Liverpool,
showing the greatest difference since
4 1898. Last fall when Chicago was only
10tcents lower foreigners were buyers
of wheat. while at present, with such a
u very wide difference in favor of bust
ness, they are doing little.
J. J. MARROW of New York, who
: evidently tries to get at the marrow OF
things, wired Minneapolis yesterday:
: "This money market is rugged to buy
, stocks on, they will probably hold up
} rates on Monday. After that expect
rates to ease considerably, and the sell
; ers here will pay more to get their
J stocks back next week. Commission
: houses carrying less stocks than for
, weeks z-g7
CANADIAN banks and some western
banks loaned money in Wall street
when the 30-cent rate was heard
HARRIMAN'S office said: emo
trace of worriment mere over the worse
t New York bank situation in twenty.
:. five years. Relief expected next week,
) and better things from that time on. -
"EUROPE will play prominent
part in the New York stock market, ac-
: cording to the opinions which find their
$ basis in recent purchases for Holland
3 account, but these in our opinion should
. not be given too much prominence, y
: says Gales office to Lewis. "The pro
posed $250,000, 900 Russian loan and the
! $160,000000 French fotation will con
sumo large part of the surplus invest
, ment cash abroad. Moreover, as midi
Gated by the sale of $3,000,000 bonds OF
the French American Investment com
f. pane formed by the Speyers, Europe
e will purchase our bonds rather thar
stocks