The Fargo forum and daily republican., 1909-05-17
The Markets
MARkEr GOSSIP.
Ls,nis g 900 comment.

Lewis & Co.'s Comment.
New York, May 17.-stocks: To-
days market was devoid OF general in
tetest and trading was restricted with
in a narrow range until near the close
when some scattered selling eliminated
the early fractional gains. This IL
quotation was again reported to be
for a large speculator who is leaving
for a foreign trip. The market held
well, however, at the small recession,
confidence in the metal shares was
somewhat stimulated by the declara-
tion Of the usual quarterly dividend
OF 81 on North Butte and a sharp up
turn in the snares of that company.
Among the specialties, American Beet
Sugar, Wisconsin Central, Westing-
house, was conspicuously strong, the
first Issue touching 39A and closing
with net gain Of nearly two points.
We look for a good trading market
with an upward tendency.
Liverpool, May 17.-ATne wheat mar
ket was easy at the start and from
q to IL lower than saturday. Of
ferings were liberal with selling to
realize prompted by the heavy Amer
ican and Russian shipments and ia
vorable reports from India. During
q the morning July further declined y
and the other months eased sympa-
thetically.
Toward midday the market reac-
tion, the market gaining Il to Y with
the exception of December, which was
still under pressure.
There was a slight improvement in
the demand and private reports stated
that the drought in Argentine was
causing apprehension. At mid day the
market was easy from II to N lower
than Saturday. Corn was quiet at the
start and unchanged. Later July lost
q on the poor demand for both car
goes and parcels.-Broomhall.
New York, May II. - American
stock in london II TO y below parity.
National Manufa cturers' association
convention meets here today.
Supreme court at Washington meets
today and adjourns until May 81.
Senate debates on tariff continues
with very slow progress
Paris postal strike is expected to
collapse today.
Jas. j. Hill SAYS democrats will con-
troll the house if the tariff Is not re-
vised downward.
Chicago reports ideal weather has
reduced average lateness of the crop
from 20 to 80 per cent.
Rumors Brown & TO. say heavy
sales of basic iron are prominent
features Of eastern market.
H. S. Rubber earned 4.26 per cent
on common last year according to
figures of annual report
London market generally heavy and
inclined to sell off bu, consols are
unchanged.
Large gains in cash principal feat
ure of annual report.
London market generally heavy and
inclined to sell off but consols are
unchanged. Large gains in cash prin-
cipal feature of bank statement.-Dow
Jones.
Chicago, May 17.-Estimated hogs
for today 44,00O, left ever 2,11s, pros
poets TO 10 lower.
Light Observation-Disclosures. $50 to 7.30
Mixed .................. ZOO to 7.45
Heavy ..................7 100 to 7.45
Rough .-.................. 700 to 7.15
Cattle $4,000, steady, sheep 10000,
steady.
Omaha, May 17.-Hogs $500; cattle
1000; sheep 5000.
Kansas City May lf-Hogs 10000,
cattle $4,000, sheep 10000.
Worlds shipments-Wheat ship
ments last week:
American ..y................ 2,656, 900
RUSSIAN I............ ...... S,416,O0O
Danubian ........ ..'...... 1,0S2,000
lndla .:........ ............ 1,O96,OOO
Argentine ..............0... 1876, 900
Australian ....... .......... 5000
Austria Hungary none
Chilli, North Africa ........ 1886
TOTAL ....................... 10, 640, 900
Corn.
American .............. ..... 10000
Russian ...... '................ ASS, 900
Danubian. ...-.-..-..... .......-. $4,000
Argentine '....... ............ 1854, 900
Total ......... ......... 4,ss4,OOo
B P. Co.
John Inglis wired US as follows late
Saturday night. Arkansas City,
Kan, 15.-Coffeyville to Arkansas
City acreage small, wheat short,
promising small head, .cany fields are