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The Minneapolis journal. (Minneapolis, Minn.) 1888-1939, October 20, 1904, Image 10

Image and text provided by Minnesota Historical Society; Saint Paul, MN

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045366/1904-10-20/ed-1/seq-10/

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But Closed with Firmness and
Evidence of Continued Good
Support.
Altho Cables, Receipts and the
General Gossip Were Against
the Price.
H. V. Jones Sends Out a Tele
graphic Summary from New
I York.
Minneapolis Chamber of Commerce, Oct. 20.
AgainRt unresponsive cables and much bearish
gossip, the wheat market held strong and advan
cing this morning. An early drive put prices
off 2c from the high points of jesterday, but re
action was quick and December came up from
$1 17% to $1.19% with a jump. By concerted
action, or what looked very much like It, the
cash wheat bujers forced prices off a little, rela
tive to the option, nnd No. 1 northern was 1%
(fi'2c under December, and No. 2 northern 2c
under. The fact that the edge was off the Min
neapolis cash market was sent broadcast. With
this there were 606 cars posted here against 373
last jear find this looked like big prices draw
ing In wheat, and was likewise used for bear
effect. Later the figures were changed to 506,
the report having erred by 100 cars. Then the
sellers of wheat who had acted on the big re
ceipts changed about Duluth had 237 cars
against 142. and Chicago 35 against 51. On
the whole, there was nothing in the receipts to
ecare holders The local elevator stocks in
creased 750,000 bu for Ave days. The Price
Current was bearish reporting no change in the
general situation, and former indications of
yields fully maintained The southwest showed
up 68.000 bu wheat at St Louis against 69,000,
and at Kansas City 125,000 bu against 106,000.
A Kansas City message said that 40.000 bu
Oregon wheat had been bought to go from Oregon
to a Texas mill on basis to cost the miller $1.28
a bushel. The rain of last night was a help
to the bulls, the map showing precipitation in
Iowa, Nebraska, northern Kansas, eastern Ne
braska and along the Mississippi from Minneapo
lis down to Keokuk.
Before the close the Van Dusen-Harrington
company received a wire from Winnipeg giving
the government leport of the Canadian crop.
Wheat If. gl\en as 3.420,411 acres average yield,
17 5 bu total, 59,857.190 bu
Primary receipts, 1,060,000 bu, against 903,-
000 bu
H. Jones wired the following from New
York- "The student of grain prices must look
beyond precedent to find a cause for the present
wheat and corn schedule According to prece
dent, wheat is too high, but from the standpoint
of supply, th true barometer, the price will
rule higher in all probabilitv It Is quite the
habit to refer to an average of prices for ten
years for the purpose of determining what a
fair value mav be. This method may be help
ful with stock, but with a food product one
might a^ well use for an indicator an amulet as
average price The 1'nlted States has sold
Mheat on the basis of the present production at
much lower prices But in ten years we have
Increased consumption heavily and a crop of
525,000.000 bu wheat Is barely sufficient for
home needs The country has raised less than
that total this \ear. but close to it. The ex
port sales must om from old stock brought
over The \ear will close ne\t Juiv without
burdensome holdover supplies hence the countrv
must become lecoiclled to high wheat prices
until iiioduction can be Increased to 650,000,000
bu A ciop of 600,000 0(10 bu will not put the
average price under 9ftr We require about
6.000,000 bu or 7,000.000 bu additional wheat
supply every year at home This counts rapidly.
The same argument of consumption Increase will
nppl\ to 00111 We" are a hig country.
The growth of ten .iears tells the
story of expansion. Corn is worth all it is
bringing In present relation of supplr and de
niniul. The present mice if on the basis of a
popnlat estimate of a crop close to 2.500.000,000
bu There are already indications of a modifi
cation of this view to one that will more nearly
accord with our idea of a 2,000,000 000 bu
crop."
December closed at $1.17%(ail 18 and May at
$1 17%, (T/t t7%
THE FLOUR MARKET
GOOD INQUIRY AND SATISFACTORY SALES
REPORTED.
Notwithstanding the higher prices buying or
ders f01 flour wore large this morning, consider
ablj in excess of what had been expected At
the higher level thcie has not been the curtail
ment of ti.ide immllv noted after the market
I KS made nn advance The 25c added to prices
recently hn^, not scared buyers, who are appa
rently gaining more confidence.
Shipments. 52 729 brls
First patents arc quotable $6 45(56 55 second
patents $6 ,0(fi (5 40 first clears $4.40@4.50: sec
ond clears, $." 10 in wood, fob Minneapolis.
THE CASH TRADE
C07N, FEED AND HAY STRONGFLAX MAR-
KET QUIETER.
FLAXSales of No 1 seed at $1.16% for the
bulk. Only a fair demand, some of the big
buyers not in the market today
Minneapolis received 41 cars against 68 a year
ago. and shipped 33 Duluth received 93 cards.
Closing prices: MinneapolisCash, $1.15% to
arrive $1.15}*, October $1.15%.
CORNFirmer and higher and in excellent de
mand No 3 yellow closed at 52%c. Receipts,
4 CATS, shipments, 1 car.
OATSGood inquiry from shippers for the
Choice oats. No 3 white closed at 27%c. Re
ceipts 38 cars, shipments, 24 cars.
RYEClosing figures for No. 2, 76%@7T c.
Receipts, 11 cars shipments, none.
BARLEYFeed grades are quoted at 84@40c
malting grades, 43(947 ReeeiptB, 61 cars ship
ments. 43 cars.
FEED AND MEALAll grades firmer and high
er. Coarse ccinmeal and cracked corn. In sacks,
Aacks extra, $20: No. 1 ground feed (2-3 corn
and 1-3 oats). 80-lb sacks, sacks extra, $20
No. 2 ground feed oorn and oats). 80-lb
Backs, sacks extra. $20 No. 3 ground feed
l- corn and 2-3 oats), 7G-lb sacks, sacks extra,
|20.
MILLSTTJFFSDemand moderate. Bran in
bulk, $15.25, short| $15 middlings, $17.50 red
dog, $21.50 all in Minneapolis in 200-
lb sacks, $1 per ton additional: in 100-lb sacks,
1.50 per ton additional. Shipments. 1,362 tons.
114 (.jxD etaoin shrdlu cmfwyp emfwyp mbz
HAYrices holding very strong with a first
class general demand for all offerings that ara
any good. Prices strong. Choice timothy, $9@
9 50 No. 1 timothy, $8.50@9 No. 2 timothv
$7@7.50: No. 8 tlmofhy, $5 50@6.50 upland,
choice, $8 No. 1 upland, 87.50(^8
npland. $6.50(7J7- swale, $4.50?A5 rye straw,
$5()5.50 wheat and oat straw, $3 50(^4.50 Re
ceipts, 92 tonB.
N 2
CASH SALES REPORTED TODAY.
No. 1 hard heat, 1 car $1.22%
No. 1 northern wheat. 0 cars 1.20%
No. 1 northern wheat, 1 car, to arrive.. 1.21%
No. 1 northern wheat, 4 cars 1.20%
No. 1 northern wheat, 3 cars 1.20%
"No. 1 northern wheat. 6 cars 1.20
No. 1 northern wheat, 7 cars 1.21
No. 1 northern wheat, 2 cars 1.21%
No. 1 northern wheat, 2,500 bu, to arrive 1.20V.
No. 1 northern wheat. 13,000 bu, to arrive 1.20
No. 1 northern wheat, 2,000 bu, to arrive 1.20%
No. 2 northern wheat. 6 cars 1.17
No. inoilbern wheat, 12 cars 117%
No. 2 northern wheat, 4 cars 1.16%
No. 2 northern wheat, 1 ear 1.17%
No. 2 northern, wheat, 12 cars 1.16-&
No. 2 northern wheat, 3 cars i. ig
No 2 northern wheat, 3 cars 1.17%
No. 2 northern wheat, 1 car 1,18%
No. 2 northern wheat, 6,000 bu, to arrive 1,16
No. 2 northern wheat, 1,000 bu, to arrive 1.15
No. 3 wheat, 7 cars l"l
No. 3 whoat, 2 cars
No. 3 whe.it, 2 Cms
No. 3 wheat, 1 car
No. 3 wheat. lcar
No 3 wheat. 29 cars
No. 3 wheat. 36 cars
No. 3 wheat, 1 cur
No. 3 wheat, 1 par
No. 3 wheat, 1 car
No. 3 wheat, 1 car, dirty
No. 3 wheat, 1 car, dirty
No. 4 wheat, 10 cais
No. 4 wheat, 5 cars
^No. 4 heat, 4 cars
1N0. 4 wheat. 1 cai
jJ"o. 4 wheat. 4 ears
'No. No 4 wheat, 29 cars
No. 4 wheat, 3 cars
'No. 4 wheat, 1 car
^Rejected wheat, 2 cars
Rejected wheat, 2 cars
tReiected wheat, 2 cars
Rejected wheat, 1 car 93
ejected wheat, part car, per ton 13.50
ejected wheat. 1 car 64
teiecrea wnear, 10 cars ~.f
0
1.11
1.10% 1.07% 1.09% 1.08
1 09
1.07 1.08% 1-06
.91 .93
.9T
L.0O 1.03 1.03
.98 .95 .99 .95% .93 .70
lijl
ejected wheat, 6 cars
Rejected wheat, 1 car 75
ejected wheat, 2 cars 97
W
[70
A .72
-^M' -i
Grain Commission, 505-506 New Chamber of Commerce.
Future Trade Orders Will Have Careful Attention.
mmmmm*!mm
Thursday Evening, ^l-
WHEAT SOLD BACK A LITTLE UNDER PRESSURE
Open. High.
Dec... $1.17%@1.18 $1.19%
May.. 1.17% 1.19%
Sept
Minneapolis Oats
Dec
No. 4 barley, 6 cars
No. 4 barley. 1 car
No 4 barlej, 1 car
No. 4 barlev, 1 car
No. 4 barley. 1 car
No. 1 feed barley, 1 car
No. 1 feed barley, 1 car
No. 1 feed barley, 1 car
No. 1 feed barley, 1 car
No. 4 feed barley. 1 car
No. 4 feed barley, 5 cars 35%
No. 4 feed barley, 2 cars 36
No. 1 flax, 7 cars 1.16%
No. 1 flax. 7 car 1.16%
.No. 1 flax, 2 cars, late 1.16
No 1 flax, 2,000 bu to arrive 1.16%
No. 1 flax, 1,500 bu to arrive 1.16
No 1 flax. 3,000 bu to arrive 1-16%
Speltz, 1 car, per cwt
DURUM WHEAT.
No. 2 durum wheat, 1 car
No. 2 durum heat, 5 cars
No 3 durum hentA 1 car
No grade durum wheat, 1 car
PL-1r/r-
RANGE OF WHEAT PRICE IN MINNEAPOLIS
Low.
$1.17%
1.17%
29% .29%
May., Minneapolis 1.17%@1.18 $1.18%
Chicago Duluth St. Louis 1.16% 1.17%
Kansas, City 1.05% 1.06%
New York
Rejected wheat, 1 car 64
Rejected wheat, 1 car
Rejected wheat. 1 car 62
Rejected whoat. 1 car 89
Rejected wheat, 1 car
1.14%@% 1.15%%
1.16% 1.17%
1.18@1.18% 1.18%
CLOSING CASH PRICES
On TrackNo. 1 hard, $1.22 No. 1 northern, $1.19%@1.20% No. 1 northern to ar-
rive, $1.19% No. 2 northern, $1.15%@1.17% No. 2 northern to arrive, $1.15% No. 3
wheat, $1.07%@1.10% No. 1 flax, $1.15% No. white oats, 27%c No. 3 yellow corn,
52%c No. 2 rye, 76%@77%c barley, 34c to 47c.
82
a
Rejected wneat. 1 car 74
ll* jeetea wueat, 1 car, smutty 1.09
Rejected wheat, car 58
Rejected wheat. 1 car
78
iJL
No grade wheat, 1 car 70
No grade wheat, 4 cars 76
No grade wheat. 1 car .52
No grade wheat, part car 70
No grade heat, 1 car 1.06
No grade wheat. 1 car 78
No grade hear. 1 car 85
No grade Ueac, 1 car ._t 89
.No 3 corn," 2 cars 53
No. 2 white oats, 1 car 20
No. 2 white oats, part car 28%
No. 3 white oats, 1 car 28%
No. 3 white oats, 3 cars 28%
No .1 white oats, 3,000 bu, to arrive 28%
No. 3 white oats, 3,800 bu, to arrive 28*4
No. 4 white oats, 5 cars 28
No. 4 white oats, 4 cars 27%
No. 4 white oats, 1 car 27%
No. 4 white oats, 2 cars ,27%
No 4 white oats, 1 car ,28%
No. 3 oats, 1 car, black 20
No grade oats, 1 car, musty 20%
No grade oats. 2 cars 27%
No. 2 rye, 2 cats 77%
No. 2 rye, 2 cars 77%
No. 2 rye, 1 car 77
No. 2 rye, 3 cars 77%
No. 2 ye. part car 77
No. 4 barley, 1 car 41
85
.40
.42 .37 .36%
.88
.37
.36
.40- .35
84%
.60
.97
94
.97
PUTS AND CALLS.
2 30 o'clock report-
PutsDeeembei wheat, $1 16%@1.16%.
CallsDecember wheat $1.19%.
TODAY'S RANGE OF WHEAT
Minneapolis Options.
STATE GRAIN INSPECTION, OCT. 19.
Inspected InWheatCarsGreat Northern
No 1 northern, 22 No. 2 noithein, 42: No. 3,
52 No. 4, 48 rejected, 51 no grade, 7.
Chicago, Milwaukee & St. PaulNo. 1 north
ern. 7 No. 2 northern, 11 No. 3, 18 No.
4, 23 relected, 32 no grade, i
Minneapolis & St. LouisNo. 1 northern, 1
No. 2 northern, 1 No. 8, 1 N9. 4 3 re
jected, 1 no grade, 2.
Soo LineNo. 1 northern, 14 No. 2 northern,
7 No. 3, 9 No. 4, 5 rejected, 4 no
grade, 3.
Northern PacificNo. 1 northern. 4 No. 2
northern, 9 No. 3, 33 No. 4, 13 rejected,
3 no grade. 1.
Chicago, St. Paul, Minneapolis & OmahaNo.
1 northern, 2 No. 2 northern, 14 No. 3,
5 No. 4, 1 rejected, 5.
TotalsNo. 1 northern, 50 No. 2 northern,
83 No. 8, 118 No. 4, 93 rejected, 90 no
grade, 16.
Other GrainsCarsNo. 2 macaroni wheat,
1 No. 3 macaroni wheat, 1 no grade maca
roni wheat, 1: mixed wheat, i western wheat.
6 No. 3 winter wheat, 34 rejected winter
wheat, 4 No. 3 yellow corn, 1 No. 3 corn, 1
No. 4 corn, 2 No. 2 white oats, 3 No. 3
white oats, 21 No. 4 white oats, 24 No. 3
oatsa 1C no grade oats, 4( No. 2 rye. 7 No.
3 rye, 10 no grade rye, 2 No. 3 barley, 4
No. 4 barley, 88 No. 1 feed barley, 16 No.
2 feed barley, 8 no grade barley, 2 No. I
northwestern flax, 35 No. 1 flax, 45 no
grade flax, 1.
Inspected OutCarsRejected macaroni
wheat. 1 No. 1 northern wheat, 16 No. 2
northern wheat, 43 No. 3 wheat, 30 No. 4
wheat. 15 rejected wheat, 17 no grade wheat,
6 mixed wheat, 4 No. 3 winter wheat, 18:
No. 3 yellow corn, 1 No. 3.oats, 10: No. 3
barlej, 8 No. 4 barley, 17 No. 1 feed bar
ley, 2 No. 2 rye, 5.
4- \-yfe^3 TV tr
Close. Close.
Today. Yesterday.
$1.U%@1-18 $1.18%
1.17%
.95 .27%
,28%@29 .28%
THE DAY'S REPORTS
December Wheat
Close. Close.
Today. Yesterday.
Close,
tear Ago.
$ .79% .78%@78%
1.18V
.95 .27%
29%@2 9%
May Wheat-
Close,
Today.
Close.
Yesterday.
$1.18%@%
1.13% 1.16% 1.17% 1.05% 1.14%
$1.17%G
1.13% 1.16%
1.16% @1.17
1.04% 1.14%
CHICAGO GRAIN
LIQUIDATION OF LONG WHEAT RESULTS
IN WEAK MARKET.
Chicago, Oct. 20.Early cables and a break
at Minneapolis caused considerable liquidation
of long wheat here todaj, resulting In a weak
market. At the opening: the December option
was up %@%c to %,rjji%c at $1.14% to $1.15%.
May was %c lower to %e higher at $1.13% to
$1.14%. After December had touched $1.14%
and May $1.13% the market bad a temporary
rally on active buying of December by com
missipn houses. On the advance December sold
up W $1.15% and May to $1.14%@1.14%. Re
newea liquidation caused a reaction, however
Decembfi declining to $1.15%. May sold off to
$1.13%. Minneapolis Duluth and Chicago re
ported receipts of 878 cars, against 82T cars,
last week and 575 cars a year ago.
On a sharp rally at Minneapolis the market
developed considerable strength. December ad
vancing to $1.16%. The May sold up to $1.14%.
Later, however, the market again weakened in
sympathy with a break In corn prices. On the
decline December sold off to $1.14% and Slay
to $1,1234. The close was weak, with Decem
ber off %c at $1.14%@lJl14%. May was down
%c, closlnjr at $1 13%.
Cash wheat, No. 2 red, $1.18@1.22 No. 3 red,
$1.14@1.19, No. 2 hard, $1.14fcl.ltt No. 3
haid. $t.05@1.12: No. 1 northern, $1.17@1.20
No. 2 northern, $1.12@1.17 No. 3 spring, $1.05
@1.15.
Close: WheatOctober, $1.18% Deeembei.
$1.14%@1.14% May, $1.13% July, 99c.
Unfavorable weather in Iowa, small receipts
and firm cables held corn steady in the face
of a weak undertone In wheat. There was some
profit-taking but offerligs were readily taken.
December opened unchanged to %c higher at
49%c to 4U%c, sold off to 49%c, and then
milled agtln to 49%@49%c. Local receipts were
79 cars, 1th 3 of contract grade.
As a result of the weakness of wheat there
The receipts at Kansas City of five cars of
i new corn which graded No. 2 started free sell
ing by the pit crowd, resulting in a quick de
cline. December sold off to 48c and closed with
a los of l%c at 48%c.
Cash CoinNo. 2, o3%@54%c No. 3, 53@
54 %c.
Close. CornOctober, 50%c December,
48%c, Maj 45%c July, 45%c.
was some selling of oats Dy pit traders but
offerings were not large. The steadiness of
corn had considerable effect. December opened
a shade higher at 29@29%c, sold at 29%@29%c,
and settled back to 29c. Local receipts were
114 cars.
Cash oats No. 2, 29%@30o No. 3, 29@29%c.
Close. OatsOctober, 29c December, 28%c
May, 30%c.
The following was the range of prices:
Wheat Dec. May.
Opening $1.14%&1.15% $1.18%@1.14%
Highest 1.16% 1-14%
Lowest 1-14% 1.12%
Close
Today 1.14%@1.14% 1.13%
Yesterday 1.15%Jj)1.15% 1.13%
Year ago .79%@ .79% .78%
Corn
Opening 49%@49%
Highest 49%@49%
Lowest 48
Close-
Today 48%
Yesterday 49%
Year ago 44
Oats
Opening 29@29%
Highest 29%@29%
Lowest 28%
Close-
Today 2S%
Yesterday 29
Year ago 35%
NEW YORK FLOUR AND GRAIN, Oct. 20.
Flour, receipts, 16,991 brls sales, 1,300 brls,
firm, with quiet trade. Wheat, receipts, 17,600
bu sales, 1,200,000 bu. Opened steady, but
shortly eased off under realizing and with the
northwest. Following this there was slight ral
ly on covering, but the market later eased off
under unloading. December, $1.18% (&j
1.18 15-16 May, $1.14 7-16@1.15. Rye, nominal.
Corn, receipts, 10,750 bu dull and featureless.
Oats, receipts-, 107,700 bu nominal.
CloseWheat, December, $1.18%1.18% May,
$1.14%. Corn, December, 56%c May, 51%c.
MILWAUKEE FLOUR AND GRAIN, Oct. 20.
Flour, strong patents, $6 40 in wood. Wheat,
firm No. 1 northern, $1.20 No. 2 northern,
$1.16@1.1S May, $1.18% bid. Rye, higher
No. 1, 8'iy,c Barley, steady No. 2, 55c sam
ple, 36@53%c. Oats, firm standard, 31%
32c. Corn, firm No. 3, 55g56c May, 45%fg!
45%c bid.
WheatPuts, $1.12%@1.12% bid calls,
$114%.
CornPuts, 45%c asked calls, 45%c asked.
KANSAS CITY GRAIN, Oct. 20.Close-
Wheat, steady December, $1.05% May, 1.04%
1.04% cash .0. 2 hard, $1.08(2)1.10 No. 3,
$1.05 08 No. 4, 92e$1.04: rejected, 80@90c
No. 2 red, $1.12@1.15 No. 3, $1.08@1.10 No.
4, 95cgl.06 Corn, lower December, 41%c
May, 41%c: cash No. 2 mixed, 47%c No. 3, 47
@47%c No. 2 white, 48%z,40c No. 3, 48c.
Oats, steady No. 2 white, 30@30%c No. 2
mixed, 29@29%c.
WINNIPEG GRAIN, Oct. 20.-The market was
firm and active. OpeningOctober, 98c Decem
ber, 95%c: May. $1. Close^October, 98%c De
cember, 95%c May, 99%c. CashNo. 1 north
ren, 98%c No. 2 northern, 85%c No. 3 north
ern, 91%c No. 4, .2%c No. 1 feed, 65%c
No. 2 feed, 55%c. Puts, October, 97%c calls,
October, 99%c. Receipts, 299 cars year ago,
two day.s, 552.
ST. LOUIS GRAIN, Oct. 20.CloseWheat,
lower No. 2 red, cash, elevator, $1.16% track,
$1.1S%@1.19%: December, $1.16% bid May,
$1.16%(jil.l7 No. 2 hard, $1.13@1.14. Corn,
lower No. 2 cash, 51c track, 63@53%c: De
cember, 44%c asked: May. 48%c. Oats, lower
No. 2 cash, 80c track, 30%c May, 31%c asked
No. 2 white, 32c.
CHICAGO COARSE GRAIN AND SEEDS, Oct.
20.RyeOctober, 78%c December. 79c May,
81%c. FlaxCash northwestern, $1.17% south
western, $1.10% October, $1.10% December,
$1.12%. TimothyOctober, $2.60 January.
i2.70 March, $2.80. CloverOctober, $12.25.
BarleyCash, 36% 51c.
NEW YORK SUGAR AND COFFEE, Oct. 20.
Sugar, raw, steady fair refining, 3%c cen
trifugal 96 test, 4%c molasses sugar, 3%c:
refined sugar, unsettled crubhed, 5.b5c pow
dered, 5.05c granulated, 4.95c. Coffee, steady
No. 7, Rio, 8%c. Molasses, quiet New Or
leans, 31237c
LIVERPOOL GRAIN, Oct. 20.Wheat, spot,
nominal futures, quiet December, 7s 5d
March 7s 6%d. Corn, spot, American mixed,
steady, 4s 6a futures, steady December, 4s
6%d January, 4s 3%d.
MISCELLANEOUS
NEW YORK COTTON, Oct. 20.The cotton
market opei-ed steady at an advance of 1 point
to a decline of 1 point following featureless
Liverpool cables. There was some liquidation
by yesterday's buyers who were again dlsap
pol ited by the failure of bad weather to ma
teralize. One or two points in Texas reported
light frosts but temperatures over the rest
of the blt were reassuring and no rain of
importance was noted. The early liquidation
was offset to some extent by covering and
buying from scattering southern sources, but
trading was very quiet and the market gradually
sagged off. being barely steady at a decline of
about 6@7 points toward the end of the first
hour.
Cotton futures opened steady October, 9.77c
Novemoer, 9.77c bid December. 9.91c January,
9.97c March, 10.04c May, 10.10c
At midday the market was uuiet and steady,
net 5@8 points lower. Spot cotton quiet mid
dling uplands. 10.20c middling gulf, 10.45c.
Cotton, spot, closed quiet, 10 points decline
middling uplands, 10.15c middling gulf, 10.40c.
Sales, 1,500 bales.
Cotton futures closed barely steady October,
9.67c November. 9.67c December. 9.79c Janu
ary, 9.86c February, 9.90c March. 9.96c April,
9.98c May, 10.03c June, 10.04c July, 10.06c.
--A-"^.
^Ji&
THE MINNNEAPQLIS' JOURNAL.
STOCKS OPEN OFF
BUT SOON RALLY
HESITATION AT THE START FOL-'
LOWED BY STRENGTH.
Conspicuous Bidding for Special Stocks
Aids the RiseLater Liquidation
Checks the Advance and Prices Sagg
Before the Noon Hour.
New York, Oct. 20.The opening stock market
today was active and irregular, with the major
ity of the important stocks a small fraction low
er. There was evidence of strength amongst the
coalers, Ontario & Western rising a point, but
Reading fluctuated feverishly. St. Paul and
Illinois Central gained Tennessee Coal and
Brooklyn Transit a point, and Metropolitan
Street Railway 1%. The United States Steel
stocks were under pressure, 4,000 shares of the
preferred selling at 81% and 81%, compared
with 81% last night. The common lost and
Pressed Steel Car Louisville & Nashville
and General Electric were down a point.
After the opening period of hesitation, the
market gathered strength and retrieved its
loss. Conspicuous bidding for special stocks
contributed to the general rise, but the improve
ment was checked by renewed liquidation of
United States Steel preferred. In the interval,
Ontario & Western rose 1%, St. Paul, Erie first
preferred, Hocking Valley, Colorado Southern
ana North American 1, and Metropolitan Street
Railway 2 points. Adams Express rose 4%.
St. Paul's rise was canceled and United States
Steel preferred driven the common and Union
Pacific New York Central and Northwestern
1 and Kansas City Southern preferred 1% below
yesterday's closing at 11 o'clock.
Pi ices sagged lower, but the selling became so
desultory as to invite an attempt at a rally.
The local tractions led, but heavy Belling was
renewed in St. Paul, Missouri Pacific and
Union Pacific and prices fell back to the lowest.
Missouri Pacific got under last night, United
States Steel 1 and the preferred 1%. Central
of New Jersey, Louisville & Nashville, Consoli
dated Gas and United States Rubber preferred
lost 1%. Snuff rose 5. Business was smaller
than for several days past. Bonds were irregu
lar at noon.
The decline carried New York Central and
Pump preferred down 2%, and Colorado Fuel 2.
The market then rallied with more vigor than
at any previous time during the day. The local
tractions led, Metropolitan Street Railway ris
ing 3%, Metropolitan Securities 2% and Man
hattan 1%. Chicago Great Western gained 1%.
The rebound can led St. Paul and Atchison a
good fraction over last night, Colorado Fuel
a point over, and other active leaders to the
neighborhood of last night's level.
The market broke precipitately for a time
after 12 o'clock and considerable stock was let
go. Representatives of stocks &t all classes
broke sharply, losses reaching a point or there
abouts in some of the grangers, Pacifies, south
westerns, trunk lines, coalers and specialties.
United States Steel fell to 20 and the preferred
touched 80%. Prices ruled slightly above the
lowest at 1 o'clock.
Prices sagged slightly, but stiffened again with
the enormous buying of Ontario & Western up to
above 40. Metropolitan Street Railway touched
127. Colorado Fuel gained 2 and People's Gas
and Lackawanna a point. The top level of the
rally was recovered and the strength of Ontario
& Western held the closing firm.
Stock quotations reported for The Journal by
Watson & Co., brokers. Chamber of Commerce,
Minneapolis. Closing figures aie bid.
Sales, Shares
45% 45%
46%
45% 45% 45%@45% 42%l42% 31% 31% 30%@30%
31% 36%
OTHER GRAEtf MARKETS
DULUTH GRAIN, Oct. 20.December contin
ued In active demand with high prices. It
advanced to $1.17%, above yesterday's close.
May at the time was only $1.17%. The close
of both was weaker, %c off from yesterday,
after a sharp break. Flax was %c off and dull.
Receipts: Wheat, 237 cars flax, 93 oats, 64
rye, 11 barley. 80.
Cars on track. 448. ShipmentsWheat, 151,830
bu barley. 77,QP 0 flax, 111,275.
Close: Whoat. cash, No. 1 hard, $1.21% No.
1 northern, $1.19^ No. 2 northern, $1.11% De
cember, $1.16% May, $1.16%, durum. 97@98c
flax, cash, $1.16% December, $1.16% May,
11.19 oats, 28c rye, 78%c.
Close
Bid. I Bid.
Oct.20|Oct.l9
Low-
est.
Am. Cot. Oil..
do pr
Am. Car
do pr JJJ
Am. Loeemot.
do pr
Am. Ice
do
Am. Linseed..
Am. Woolen..
Am. Sugar
do pr
Am. Smelting.
do pr
Amal. Cop....
Ana. Copper..
At., T. & S. F.
do pr
Bait. & Ohio.
do pr
Brook. R. T..
Brook. U. Gas
Can. Pacific..
Ches. & Ohio
Chi. & Alton
Corn Products
do pr
Chi. Gr. West
do pr A..
do pr B..
do deb
C..C..C. & St.L
Chi. Term
do pr
Col. Fuel & Ir
Col. Southern
do 1st pr.
do 2d pr..
0., H. C. & I.
Consol. Gas
Con. Tob., pr.
Del. & Hud..
D. & Rio Gr..
Erie
do 1st pr.
do 2d pr..
Gen. Electric.
Greene C. Cop.
Hockiug Val..
do pr
Illinois Cent
Iowa Cent
do pr
Inter. Paper
do pr
K. C. & South
do pr
Louis. & Nash.
M.jSt.P. & Soo
do pr
Manhattan Met. St. Ry
Met. Securities
Missouri Vac.
M., K. & T..
do pr
Mex. Cent
Nat. Biscuit
do pr
Nat. Lead
do pr
Norfolk & W
do pr
North Am. Co
Northwestern NY. Air Brake
N.Y.N.H. &H
N.Y.N.H. & H| 195% I 195
67%
109%
60%
108% 109
64%
95 85'*.
101%
94% 96 66%
228V2
1331/2
44% 37
17% 73 19%
60%
95" 8f%
94" 85
102%
94%
101%
93%
30%
13%
29
13%
219% 124% 175%
218 124
174%
"35%
71% 49%
"36"
72% 50% 83 82
144%
29% 49% 18%
78
148%
28% 49% 17%
77%
144% I 144%
28% 49% 18%
78 27%
49%
135%
82%
134% 157%
122%
83%
104
29% 50% 10%
49
135% 134
127
86%
104 ft
29% 57% 73 71%
192 191
195% 195
Pressed Steel
do pr
Pacific Coast..
do 1st pr..
do 2d pr
Pacific Mail
Penn. R. R...
People's Gas
Pullman
Reading
do 1st pr..
I do 2d pr
Repub. Steel..
do
Rubber Goods..
Rock Island
do pr
St.L. & S F.lpr
do 2d pr
St. L. & S.W
do pr
Nor. Securities
St. Paul
do pr
Southern Pac.
Southern Ry
do pr
Tein. C. & I..
Texas & Pac.
Third Av. Ry.
T., S. L. & W.
do pr
Twin C. R. T.
Union Pacific.
do pr
U. S. Leather.
do pr
U. S. Rubber.
do pr
U. S. Steel
do pr
do 5s
Wabash
do pr
Vir. Chem
do pr
Western Union
Wheel. & L.E/
do 1st pr..
Wis. Central..
do pr
41% 40%
39
136% 107%
88%
130%
30% 49%
130%
30V. 49%
106% 105%
28% ?2% 21%
81% 21%
43%
21
42%
18% 46% 22
45%
Total sales, 1,410,300 shares.
Additional high and low: St. Paul, 172%*
170% United States Steel. 21%-20 United
States Steel preferred, 81%-80% Louisville &
Nashville. 135%-134 Baltimore & Ohio. 94%-
93% Missouri, Kansas & Texas, 29%128%
Missouri, Kansas & Texas preferred, 57%-56%-
Peoples Gas, 107%-106% Hockiug Valley. 83-
82 International Paper, 18%-17% Interna
tional Paper preferred, 78-77%
BOSTON MINING STOCKS, Oct. 20.Closing
quotations, yesterday's market: Arcadian, 3%f
3% Arnold. 12@12% Ashbed. 1 asked At
lanta, 1 asked British Columbia, 13%@14
Calumet & Hecla, 30%@30U. Cochita, 550
555 Consolidated Mercer. 26'%"@27: Daly West.
60%@61 Dominion Steel, 12%@13 Franklin.
14@15 Green Consolidated. 2%02% Hum
boldt, 8%@9: Michigan. 4%5 Granby, 7%68
8 Guanajuato, 50%@50% Osceola, 20(520%:
Parrott, 88(5)88% Phoenix. 25@25% Quincy.
1%@2: Rhode Island, 94@95 Santa Fe, X
1% Superior Copper Co.. 1%@2 Tamarack.
112% bid Tecumseh. 119@120 Tennessee. 16j
1% United Shoemack. 8%@9% United States
Oil, 6@8 Utah, 24%@24% Victoria, 11%@12*
^.^aitess^iii^^^*^ stfV, ,j -^^i&iitfiagy^
Jt
3?i
Washington, 41@41% Winona, 4%@4% Wy
andot, 8%@9.
LONDON CLOSING STOCKS, Oct 20.Consols
for money, 8% consols for account, 88 11-16:
Anaconda, 4%: Atchison. 88% Atchison pre
ferred, 104%: Baltimore & Ohio, 96% Canadian
Pacific, 137 Chesapeake & Ohio, 45% Chicago
Great Western, 20:. Chicago, Milwaukee & St.
Paul, 176% De Beers. 18: Denver & Rio Grande,
31% Denver & Rio Grande preferred, 84% Erie,
36% Erie first preferred, 74- Erie second pre
ferred, 51% Illinois Central. 148%, Louisville
& Nashville, 139% Missouri. Kansas & Texas,
29% New York Central. 138% Norfolk & Wes
tern, 75% Norfolk & Western pieferred, 94
Ontario & Western. 38% Pennsylvania, 69%
Keaolng, 39 Reading first preferred, 45 Read
ing second preferred^ 41% Southern Railway,
35% Southern Railway preferred, 98: Southern
Pacific, 03% Union Pacific, 109% Union Pacific
pieferred. 97 United States Steel, 21% United
States Steel preferred, 83% Wabash, 22% Wa
bash preferred, 44% Spanish 4s, 87% Rand
Mines, lu%.
Monej, 1@1% per cent.
Bar silver steady* 20 13-16d per ounce.
The rate of discount in the open market for
short bills is 2% per cent. The ratt of discount
in the open market for three months' bills Is 2%
@2% per cent.
MONEY REPORTS
U. S. TREASURY STATEMENT.
Washington. Oct. 20.Today's statement of
the treasury balances in the general fund exclu
sive of the $150,000,000 gold reserve in the
division of redemption, shows. Available cash
balances. $147,018,956 gold, $76,159,631 silver(
$11,568,103.
GENERAL PRODUCE
Official quotations of the Minneapolis
Produce Exchange, oorreoted up to 12 m.,
Thursday, Oct. 20.Butter, firm. Eggs,
firm. Poultry, steady. Veal, steady.
BUTTERReceipts yesterday, 18,692 pounds
creameries, extras, 22c creameries, firsts, 20c
seconds, 16c, dairies, firsts, 16c. dairies, sec
ends, 13c, renovated, extras, 16c packing
stock, 6@12%c. yiM-nuife
EUGSKeceipts yesterday, 301 cases strictly
fresh, aoz, cases included, 2Uc fresh, current
leceipts, case count, cases included, $5.25, can
dled, tresh-held, cases included, doz. 18c cold
stoiage, No. 1, carlots, 10c, storage paid to
Jan. 1, dirties, per case of 30 doz, $2.70 sec
onds, per oase of 30 doz, $3.45, checks,
per case of 30 doz, $2 70.
CHEESETwins or flats, fancy, ll@ll%c
twins or flats, choice, 8%@9c twins or flats,
fair to good, 6ftt7c old lancy, luc daisies,
twins or flats, fancy, lie daisies, twins or
flats choice, 9c Young Americas, fancy in
quality and regular in style, ll%@12c \oung
Americas, choice, 8 biick, No. 1, 12%c
brick, No. 2, 9c biick, No. 3, 6 11m-
burger, No. 1, 12c, limbuiger, No. 2, 9gl0c
primost, No. 1, ll%c primost, No. 2, 5c, my
sobt, No. 1, 8c, punost, No. 1, 9 Swiss,
fancy loaf, 13% W i SS i
*L.
P0ULTRY
6@0%c pike, 7@8o sunhsh, perch and small
crappies, 4@5c.
BEANSQuotations include sacks: Fancy
navy, bu, $*&2.25 choice navy, $1.90 medium
handpicked ,^2 medium fair, $1.25 medium-,
mixed and dirty, 65j75c brownb, fancy $2.510:
SnU".^:
nJfr-5
Llm ao
di,?m sfrf^
mIarr?o^fo1
7^f'
11% 52
22 28% 72%
49 48%
113
170%
113%
172%
Jctobf
LONDON, Oct. 20.The rate of discount of
the Bank of England was unchanged today at 3
per cent. The weekly statement of the Bank of
England shows the following changes: Total re
serve increased 225,000 circulation decreased
424,000 bullion decieased 198,414 other
securities increat-ed 244.000 other deposits de
creased 3,026,000 public deposits increased
2,583,000 notes reserve increased 261,000
government securities decieased 1,485,000.
The proswrtion of the bank's reserve to liability
is 56 53 per cent last week it was 54.90 per
cent.
Bullion amounting to 12,000 was withdrawn
from the Bank of England today for shipment
to Bermudi. The sum of 110,000 was also
withdrawn for shipment to South America.
BERLIN. Oct. 20.Exchange on London, 2C
manks 35% pfgs for cheeks. Discount rates,
short bills, 3% pr cent three months' blll,
8% per cent.
PARIS, Oct. 20.Three per cent rentes, 98
5c for the account exchange on London, 25f
12c for checks.
MINNEAPOLIS, Oct. 20.Bank clearings to
dax, $3 460.900.42 for the week. $22,227,736 21
corresponding week, $19,923,402.42. New York
exchange, selling rate, 10c premium buying
rate, 40c discount. Chicago exchange, selling
rate, 25c premium buying rate, 25c discount.
London 60-day sight documentary exchange,
$4.83%.
PARIS, Oct. 20.The weekly statement of the
Bank of France shows the following changes:
Notes in circulation decreased 6,175,000 francs
treasury accounts current increased 19,500,000
francs gold in hand decreised 1,025,000 francs
bills discounted increased 27,025,000 francs sil
ver in hand decreased 1,825.000 francs.
CALCUTTA, Oct. 20.The rate of discount of
the Bank of Bengal was today raised from 4
to 5 per cent.
BOMBAY, Oct. 20.The rate of discount of
the Bank of Bombay was advanced today from
4 to 5 per cent.
ST. PAUL, Oct. 20Bank clearings today,
$977,914.90 for the week, $6,804,335.21 last
year, $6,744,275 43
NEW .YORK, Oct. 20.Close: Money on call
steady at 1%@2 per cent closing bid 1%, offered I Oct. 15 214
at 2. Time loans steady 60 days. 3@3 per Oct. 17 220
cent 90 days and six months, 3%@3% per
cent.. Close: Prime mercantile paner, 4%@5
per cent sterling exchange firm, with actual
business in bankers' bills at $4.85.85 for demand
and at $4.84.60 for 60-day bills posted rates,
$4.84@4.84% and $4.86%. Commercial bills,
$4.83^.. Bar silver, 58c. Mexican dollars, 46%c.
Government bonds steady. Railroad bonds Irregu
lar.
choice, 12@ldc
bwibs, fancy, make, 16c Swiss, lancy,
DTkATf ^,Ds,
lsi1903
'29%
85%
6%
15 88
22% 64 28% 13%
219%
123% 173%
30 35%
71% 49%
176%
20% 82% .Si)
cuoice block 11&12C
PIGEONSTame, live, young or old, doz, 75c
dead, doz, 60e, squabs, nesters, fancy selected,
live or dead, doz, $1.50@2 email,
thin, unsalable.
,F
poo,r
and
Turke
8 We hens fat
6%c thin, scrubby, 6c roosters, 5c ducks,
young, 10c ducks, old, 8c colored ducks, 9%c
geese, 7%c springs, 8%e broilers, to 2 lbs,
D?^%$?,
ME ^TS-Veal, fancy, 7%c fair to
good, 6@0%c small or overweight, 3@5c mut
ton, fancj, 5%@6c lambs, milk fancy, 8
thin, 5,6c hogs, 6@7c.
bullheads,, 6c crappies
0
5c
!f
ker
California, lb1,
tt-foi
yelIw
8-
at!
:$ireen1
a
7@8c
7
-63
2
a
nc medium
APPLESJonathans, brl, $4: Snows S2 7Kf!)R
ORfN0
122%
74
103%
28% 50%
3
1904
STEADY IN HOGS
AND IN CATTLE
it
RECEIPTS RUN LIGHT IN
DIVISIONS.
South St. Paul, Minn., Oct. 20.Estimated
receipts at the union stockyards today: Cattle,
775 calves, 75 hogs, 1,000 sheep, 12,500
horses, 50: cars, 90.
The following table shows the receipts from
Jan. 1, 1904, to date, as compared with the
same period In 1903:
Year. Cattle. Calves. Hogs. Sheep. Cars.
1904 227,190 30,974 662,853 544,136 20,052
1903 ....108,184 37,302 526,517 517,614 17,884
Inc. ,...29,006 136,346 26,522 2,168
Dec 6,326
The following table shows the receipts thus
far in October, as compared with the same period
in 1903
Year.
f9u4 1903 Inc.
Dec.
Cattle.
45,860 32,564 13,296
T*.
&'Toc:
73 W
1
2
LEMONSCalifornia, fancy, as to size, $5
choice, $4.75.
PEARSNew York, brl, $4.50.
HONEYExtra fancy white, 1-lb sections, 13c
fancy w-hite, 1-lb sections, 12c choice white
1-lb sections, 10c amber, 10c goldenrod, 10c
extracted white, in cans, 7c extracted amber,
in cans, 7c.
CABBAGE New, large crates, $1.25 ton,
$(.O0. iv,
POTATOESCarlots, sacked, bu, 30c small
lots, sacked, 35c small lots, bulk, 32c.
ONIONSDry, 100 lbs, 90cg$l
WEST COAST FRUITSPeaches, box, $1
plums, crate, 75c red plums, crate, $1 fancy
pears, box, ?2.25a2.50 giapes, Tokays, SI.75
quinces, box, $1.25.
GRAPESConcords, basket, 20c.
BANANAS^Jumbo bunches, $3@3.25 large
bunches, $2.50(32.73 medium bunches, $2@2.50.
CRANBERRIESCape Cod, brl, $6.
MELONSCantaloups, crate, 75c Rocky Ford
$2 home-grown, bu, 75c@$l
NEW VEGETABLESBeans,. string, 1-3-bu
75c beans, wax, 1-3-bu, 75c beets, bu, 35e
o?
cauliflower, doz 75c@$l celer
bu
35c
@30c cucumbers, doz, 85c egg plant, doz, $1
@1.2o garlic, 10@12%c lettuce, doz, 25@80c,|
lettuce heads, 40c mint, doz, 40c parsley/ doz
25c round, doz bunches, 15(&20c rutul
1
uas
i
Sladishes3,5 i'
doz, *1&1.16 squash
Hubbard, per ton, $6 tomatoes, 1-3-bu, $1.50:
turnips, bu, 60c watercress, doz, 90c
SWEET POTATOESJerseys, per brl, $3 25-
Muscatines, brl $2.50. *a
CHICAGO PRODUCE, Oct.~20._Butter firm
creameiies 14g,2o%c dairies, 13@17c: S
steady at mark, cases included, 16%@18W
Cheese, steadj daisies, 10%@lo%c- twtas and
^oung Americas, 10r i0%c. Live poultrv easv
turkeys, 12S12%c chickens, 9%c springs 9%
NEW YORK PRODUCE, Oct. 20,Butter
steady, unchanged receipts, 5,1*2. Cheese'
quiet, unchanged receipts, 5,681.
unchanged, receipts, 6,545.
-December,
2 J,
Eggs, firm,
PROVISIONS
J^MO PROVISIONS, Oct. 20.-A steady
tone of the hog market was reflected in pro
visions. Trading was exceedinigly quiet. Janu
ary pork was unchanged at $12.35. Lard and
ribs were each off 2%c at $7.17% and $6.54
respectively.
Close: PorkOctober, $10.95 November,
10.95 December, $11.50 January. $12 40 May.
$12.32%. LardOctober. $7.22iA: November
$7.25 $7.15 January$7.15 $7.17% Mav
5I'?2$
NEW YORK PROVISIONS, Oct. 20.Beef,
steady. Pork, dull family, $15.50. Lard,
Steady prime western steam, $7.70.
NEW YORK OIL, Oct. 20.Petroleum,
steady refined, all ports, 7.90@7.95c.
NEW YORK METAL, Oct.
lead steady and unchinjed.
20.Copper and
PEORIA WHISKY, Oct. 20.Whiskv on the
basis of $1.26%.
GRAm"TRADE~GrOSSIP
Valentine bought over 750,000 bu Chicago
Wheat around $1.13 to $1.13%.
Repdrts from Tennessee and Kentucky sayiiur
husking returns are mining out 59 per cent less
than expected. Farmers who ten days ago sold
corn at 30c now ask 50c.
Forecast: Illinois, Indiana, Michigan, Wis
consin, showers tonight, fair and cooler Friday
Missouri, Iowa, Minnesota, Dakotas. Nebraska,
Kansas, fair tonight and Fridaj, cooler.
Berlin %d higher.
Calves. Hogs. Sheep.
2,324 38,599 127,951
1,805 26,722 168,924
429 11,877
40,973
Official receipts for the past week are as fol
lows Date. Cattle. Calves. Hogs. Sheep. Cars.
Oct. 12 2,860 179 2,241 1,434 202
Oct. 13 1,712 108 2,110 6,809 123
Oct. 14 1,711 74 2,748 10,800 130
Oct. 15 513
Oct. 17 6,823
Oce. IS 3,411
Oct. 19 987
1~ 2 1,552 17,033
228 3,740 5,263
288 3,331 5,053
84 2,639 670
Railroads entering the yards reported receipts
for the day by loads as follows. Chicago Great
Western, 2 Chicago, Milwaukee & St. Paul,
10 Minneapolis & St. Louis, 1: Chicago, St.
Paul, Minneapolis & Omaha, 3 Great Northern,
42 Chicago, Burlington & Quincy, 9 Soo
Line, 3, Northern Pacific, 20 total, 90.
Disposition of btock Wednesday, Oct. 19
Firm Cattle. Hogs.
Swift & Co 513 2,639
W. E. McCormick 6
W. G. Bronson
City butchery 21
Slimmer & Thomas... 121
P. Evans 17
J. B. Fitzgerald...7.. 42
Country buyers 1,014
LRowe,
Melbestad, Perley
Turner, Shelly F. B. Sauk Center
Chase & H.. Gilfred, Mont.
CHICAGO LIVESTOCK, Oct. 20.CattleRe-
ceipts, 14,000, including 8.500 westerns
steady. Good to prime steers, $5.50@6.75 poor
to medium, $3.50@5.40 stockers and feeders,
$2(g4 cows, $2.50@4.50 heifers, $25.25:
canners. $1.25@2 bulls. $3.75@4 calvesT $3i
6.75 Texas-fed steers, $4.60@6 western steers.
$3.25@5.
HogsReceipts, 18,000 tomorrow, 12,000
steady. Mixed and butchers, $4.75@5.75 good
to choice heavy, $5.10@5.40 rough heavv, S*50
@5 light, $4.90@5.25 bulk of sales, $TuO
&5.20.
SheepReceipts, 30.000 sheep and lambs,
steady. Good to choice wethers, $3.75@4.25
fair to choice mixed, $3@3.75 western sheep,
$3@4.25 native lambs, $3.50@5.90 western
lambs, $4@5.60.
SIOUX CITY LIVESTOCK, Oct. 20.Re-
ceiptsCattle, 700 hogs, 800.
Hogs5c higher. Sales: 65, 232 lbs, $5
70. 238 lbs, $5 05 62, 251 lbs. $5.10.
CattleSteady. Best stockers, strong. Sales
Beeves14, 1,180 lbs, $3.60 10, 1,230 lbs,
$5.10. Cows and Heifers6, 800 lbs, $2.20
8, 980 lbs, $2.50 6, 1.020 lbs, $3. Stockers
and Feeders6. 740 lbs, $2.75 8, 980 lbs. $3.25.
7, 1,140 lbs, $3.60. Yearlings8, 480 lbs, $2:
6, 520 lbs. $2.50 5, 670 lbs, $3.
SOUTH OMAHA LIVESTOCK. Oct. 20.Cat-
1 lcReceipts, 4,500 market steady native
steers, $1.25(36 35: cows and heifers, $2.40@
3.00 calves, $3.50@5.
HogsReceipts, 2,500. market 5c higher light.
Jo(5 5.15 pigs, $4.25@4.75 bulk of sales, $5.05
5.10.
SheepReceipts, 10,000 market strong sheep,
$2.50@3.75 lambs, $4.5C@5.25.
KANSAS CITY LIVESTOCK, Oct. 20.Cattle
Keceipts, 9,000, includimr 300 southerns mar
ket strong to 10c lower, native steers, $4H
6.40 native cows and heifers. $150@4.50
calves. $2.50g6
HogsReceipts, 6,000 market steady bulk of
sales, $4.80@5.15 pigs and lights, $4.50@5.
SheepReceipts, 3.000 market strong mut
tons, $3.25@3.80 lambs, $4.25@5.50.
ST. LOUIS* LIVESTOCK, Oct. 20.Cattle-
Receipts. 3,500, Including 1.500 Texans market
steady beef steers, $3.75@6.60 cows and heif
ers, $2.40g4.35
HogsReceipts, 5.500 steady pigs and lights,
$4.25@5 butchers and best heavy, $5.15(a5.40.
SheepReceipts, 1,000 market strong na
tives, $3.50@3.90 lambs, $4@5.25.
HIDES, PELTS, TALLOW, ETC.
No. 1. No. 2.
Green salted heavy steer hides 0% 8%
Green salted heavy cow hides 9% 8%
Gi'cen salted bull hides 7% (j%
Green salted light hides 0 8
Green salted veal kip 10 8%
Green salted calf 12% 10
Green salted deacons, each 45 @t
Green salted long-haired kip 9 7%
Green salted branded, per pound less than
free of brands.
Green salted horse
large
Green salted horse
medium
Green salted horse
January.
.RibsOctober.
$6.47% May, $6.60.
or mule hides,
or mule hides,
small 1.70 1.00
Dry fli'it Montana. Oregon, Washing
ton and Idaho hides, flat 14
Montana bulh. and fallen hides 10
Dry flint Minnesota, Dakota, Wiscon
sin and similar 12
Dry flint calf skins 16
Green salted pelts, large to small....20
Drv flint territorial 10
Tallow, in cako* 4v,
,-sgjvx*5^
mi$SiT^
s^f
BOTH
The Quality of the Pork Only Fair, and
the Beef Very Poor, on the Whole
A General Scarcity of Choice Stuff,
of Butcher QualitySheep Receipts
Liberal, hut Made Up Principally of
Westerns Consigned to Feed Lots.
Sheep.
343
71 84
936
Totals 1,734 2,637
HOGS
Dpte Av. Wt. Av. Cost. Price Range.
Oct. 12 224
Oct. 13 210
Oct. 14 218
1,434
$5.42
5.27 5.18
5.08 4.87% 4.83 4 86
$5.35@5.60
5.15@5.40 5.00@5.35 5.00@5 30
4.7005.00 4.705.00 4.75@5.00
Oct. 18 20S
Oct* 19 213
Prices steady with Wednesday's closing and
5c higher than jesterday morning. Receipts
light. Average quality only fair. Prices range
from $4.70 to $4.95 bulk, $4.SO(54.90 good to
choice medium-weight hogs quotable from $4.95
to $5.10 fair to good light and mixed grade*
from $4.80 to $4.95. and common to choice heavy
from 4.70 to $5. Rough packers selling down to
$4 50. Sales:
Hogs27, 161 lbs, $4.95 78, 185 lbs, $4.95
72, 216 lbs. $4.90 60j 207 lbs, $4.90 30. 180
lbs, $4.85, 57, 191 lbs, $4 85 56, 213 lbs, $4.80
32, 263 lbs, $4.70.
Underweights and Roughs6, 380 lbs. $4 60
1, 440 lbs, $4.50 1, 460 lbs, $3 50 1, 340 lbs,
$2.
CATTLEReceipts light. Beef and butcher
cattle generally quoted steady. Average quality
very poor. Bulls and veals steady. Stockers
and feeders quiet and unchanged prices. Milch
cows and springers steady. Sales:
Butcher Steers1, 1,190 lbs, $8.25 1, 1,240
lbs, $3.15 2, 1,055 lbs, $2.90.
Butcher Cows and Heifers1, 1,020 lbs, $2.60,
1, 1,360 lbs, $2.50 8, 974 lbs, $2.35 5, 1,012 lbs,
$2.25 3, 980 lbs, $2.15 4, 915 lbs, $2.10.
Cutters and Canners2, 970 lbs, $2 6, 331
lbs, $1,890 0, 874 lbs, $1.75 2, 946 lbs, $1.50
8, 818 lbs, $1.35 1, 840 lbs, $1.25.
Butcher Bulls1, 1,730 lbs, $2 75 2, 1,280 lbs,
$2.10 1. 1,260 lbs, $2 1, 820 lbs, $1.75.
Veal Calves1, 190 lbs, $5 2, 130 lbs, $4.75
1, 90 lbs. $4.50 1, 90 lbs, $3 4, 125 lbs.
$2.50.
Stock and Feeding Steers1, 830 lbs, $2.75,
7, 894 lbs, $2.60 7. 325 lbs, $2.50 8, 817 lbs,
$2.40 8, 719 lbs, $2.30 9, 735 lbs, $2.23 42
862 lbs, $2.20 45, 899 lbs, $2.20 1, 590 lbs
$1.50.
Stock Cows and Heifers2, 620 lbs, $2.25 3
953 lbs, $1.60 2, 565 lbs, $1.75 5, 564 lbs, SI.65
8, 603 lbs, $1.50.
Stock and Feeding Bulls1, 1,110 lbs, $1.70
2, 555 lbs, $1.50.
Milch Cows and Springers7 cows, $140 2
cowa, $63 1 cow and 1 calf, $37 1 cow and 1
calf, $25 1 cow, $24 1 cow and 1 calf, $18.
SHEEPReceipts liberal. Arrivals made up
largely of westerns consigned to local feed lots.
Killing sheep and lambs in good demand at firm
prices with the week's advance. A load of
very good western ewes sold at ?3 35. Feeding
sheep and lambs steady. Sales:
Killing Sheep and Lambs38 Iambs, 60 lbs,
$5: 11 lambs, 61 lbs. $4.35 171 western ewes,
112 lbs, $3.25 20 ewes, 95 lbs, $3.15 6 ewes,
101 lbs, $3.
Stockers and Feeders102 ewes, 89 lbs, $2.65
17 ewes, 59 lbs, $2.60 26 ewes, 96 lbs, $2 00
15 ewes, 100 lbs, $2.50 16 ewes, 87 lbs $2 25:
27 ewes, 83 lbs, $1.90.
Among the shippers on the market were: J.
Tyner, Randolph Bringold Bros., West Concord
O. J. Quam, B. Walton, Starbuck I\ Bringold.
Wananingo W. Chapel, Cleveland Mcintosh
Bros., Crystal, N. D.. C. H. Mielewski Bros.,
Foley G. Brown, Litchfield A. M. Moorhouse.
torreston P. Partner, Park Rapids H. Miller,
Eagle Bend C. To.vnsend, Motlev Shen & S.,
Linton, N. D. F. Coulter. Ipswich. S. D. G.
Gardner, Hammond, Wis.
@16 @11
t1o4%
i
1.10 &1 3
Tallow, in barrels 4%
Grease, light 4
Minnesota Wool
Medium, unwashed 10
rsss" QRAIN COMMISSION
BRANCHESChicago asd Milwaukee.
^4_-i" -4.1. -iJs5Bi*s Hi* UK
MINNEAPOLIS* 0HAEA,
MAIN OFFICE
Cars. 2,893 2,509
384
fifth and Robert Sti.,
ST. PAUL, MINN.
(XnCOKroSATBD)
DEAUCR8 SN
Stocks. Grain, Provisions
Bought and sold for cash or carried on
able margins, upon which there will be a cbarga
of on grain, on stocks.
Write for our market letter.
COMMISSION MERCHANTS IN OAR LOTS
Ship Your Grain To Us
BEST FACIUTIBS. PROMPT Rsrvatn.
LIBERAL ADVANCES,
DULUTH. WINNIPEG.
110 and 111 Chamber of Commerce, 312 Gnat.
anty Loan bldg, Minneapolis.
WATSON &
GO.5
-BROKERS IN
GRAIN, PROVISIONS,
STOCKS AND BONDS.
Members N. Y. Stock Exchange
New York Office4 Broad Street.
Chicago CorrespondeutaJ. H. Wrenn ft
Private wire Chlcsffo and New York.
TelephonesN. W. Main 806.
N. W. Main B17.
T. C. 184.
420-421 Chamber of Oommoros.
THE SECURITY
BANK OF MINNESOTA
MINNEAPOLIS.
Established 1878.
Capital pal0 In $1,000,00b
Surplus $500,000
Deposits $9,000,000
Thoroughly equipped in all departments for the
quick and efficient handling- of accounts of banks,
corporations, firms and individuals.
J. P. WHALLON.
GEO. P. CASE,
jMKMBERS
GEO. C. BA.GLEY,
CHAS. M. CASE.
Whallon,Case&Co.
STOCKS, GRAIN, PROVISIONS
New York Stock Exchange,
Chicago Board of Trade,
Mpls. Chamber of Commerce.
Private) Wire to New York and Qhloago.
68 CHAMBER OFCOMMERCE.
815 lat AVE. SCi
Van Dusen
Harrington Co.
Grain, Provisions,
Stocks an4 Bonds.
Member Prinoipal Exchanges,
NEW CHAMBER OP COMMERCE,
801 Board of Ttad*
Duluth.
Wm. Dalrymple,
Wm. Dalrymple
0oM '&*%.?
Reearrins a specialty. Adrancs made to Pwm%
Shippers and Elevator Companies.
COPPER 31QCKS
Pittsburg & Duluth Development Co
stock made an advance of $5.00 per]
share and Is going higher. This com
pany has the ore and will be reor
ganized into a mining company Nov.
1. Buy now.
I frLCRANPALL- 416 GUARANTY LOAN
Coarse Fine, unwashed
Feathers, goose
Feathers, duck
Feathers, chicken
Dry ginseng root
Green for planting
Seneca root, dry, per lb...
MIDWAY HORSE MARKET, Minnesota Trans
fer, St. Paul, Minn., Oct. 20 Barrett & Zim
merman report receipts of heavy and high-qual
itj horses large. The logging season is at hand
pud efforts are being made to secure supplies.
Values: Drafters, extra, $180@225 drafters,
choice, $150@180 drafters, common to good,
$120@150 farm mares, extra, $130@150 farm
mines, choice, $110@180 farm mares, common
to good, $80@110.
THE IRON TRADE
INCREASED ACTIVITY IN MARKET AND
HIGHEST PRICES OF YEAR,
Cleveland, Oct. 20.The Iron Trade this week
says:
"The increased activity of the iron market
that set In with October has kept up and th
past week has seen the highest prices of the
year. Consumption has been overlapping produc
tion for several weeks, and while melters of pig
iron bought in the market particularly, foun
dries find no increase of orders, they are stead
ily melting more iron than in the summer
months. The statistics Indicate that pigiron
output on 0.ct. I was at a rate of about 16,500,-
000 tons a year, while In March, April and May
the spring 'freshet' carried it up to a rat*
of 18,000,000 tons."
DAILY WHEAT MOVEMENT, OCT. 20.
The following are the receipts and shipment*
at the principal prlmarj wheat markets:
Receipts. Shipments.
Bushels.
17.600
8.200
21,148
6,000
4.000
68.000
108.000
21.120
262.227
460.460 125,100
New York
Philadelphia Baltimore
Toledo Detroit St. Louis
Chicago Milwaukee Duluth Minneapolis Kansas City
$3.25 2 25
or mule hides,
2.50 1.75
Bushels.
.....0.8.00
2,272
72.000
114.3S0
24,795
151,SOU
100.100 100,800
MARF1ELD-
GRIFFITHS CO.
QRA1N COMMISSION
Suluth
WOODWARD
iinneapoU* Chicago
Milwaukee
CO. ESTABLISHED
187.
Orders far future delivery executed fat all msrkatfc

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