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Receipts Light in All Northwest
ern Markets and Also in
Prjses Responsive to the Strong
Parker Harding Quoted in Chi
cag on Northwest Milling
Minneapolis Chamber of Commerce, NOT. 10.
The posting of only 291 cars wheat for to
day's Minneapolis receipts was a sore disap
pointment to the bears and it hardened the
market at once, for a year ago today there
were 591 cars received here and the compailson
was such as to stop selling and send some of
the shorts to cover. The foreign advices were
not very favorable for Liverpool was only up
%d In response to our strength of yesterday,
but this and other like influences had little
ettect. The supply situation here is acute and
whatever may be the situation elsewhere, either
present or prospective, it does not change the
existing state of affairs northwest. The line
up ot figures was very bullish. Not only was
Minneapolis short, but in Duluth tbeer was a
lighter run, or 341 cars against 359, Chicago
had only 46 against 197, and Winnipeg 283
against 473 In Minneapolis alone the differ
ence was 238 cars, in Minneapolis and Duluth
together 256 cars less, and in Minneapolis,
Duluth and Chicago 407 cars less. With Win
nipeg included there were receipts of 961 cars
against 1,658 a year ago, or 597 cars less and
taken together it was about as bullish a
showing of the kind as has appeared since the
new crop movement began and as this is
Nov. 10, and there is still no break in the
situation, which grain men of long experience
say is extraordinary and unlike anything ever
before seen, it is not surprising that there is
much nervousness and much speculation and
conflict of opinion as to the outcome
With reference to the speculative aspect of
the market Milmine sent the following to J. C.
"A good many of our Chicago bulls
have sold out on the break of the last two days
and it looks now as tho things might commence
tt climb np again. Our exports keep up well
and while statistics show a big lot of wheat
thls country, it istoday the cheapest commodl
we have for sale, and there is a good demand
for it. If there were any leaders in this mar
ket prices would, we think, be higher." W.
Lake of Chicago is also quoted as seeing strength
in the speculative situation.
Minneapolis elevator stocks decreased 123,916
bn for the week, which brings the total down to
1,976,187 bn For one day since making up the
iwport there is a standoff
"game of our larger mills have actually been
compelled to shut down because of inabilltv to
Secure desirable wheat at prices enabling them
to compete with the smaller interior and the
southwestern mills," said Parker Harding of
Woodworth 4. Co Minneapolis, in the Chicago
Record Herald "Under the new rate law the
small mills have transportation facilities equal
to those of the larger mills, thev can run much
cheaper, and therefore have a big advantage The
new rate law has certainly distributed the flour
milling trade of the northwest I think wheat
Is low enough for the present
The Commercial West says "The mills are
operating only about 73 per cent of their capac
ity and the domestic flour tiade is decidedly
dull. Export business is quite out of the ques
tion, except as small lots can occasionally
be uorked at prices regardless of profit The
condition is not local by anv means, the mills
thruout the country are running light for this
season Therefore, the stiength of the Min
neapolis market seems based more on temporarv
conditions than permanent ones An inciease
in receipts would doubtless ease np cash wheat
xhich would of course be reflected in the De
cember And increasing receipts seem now onlr
a matter of thiee week* or bo A prominent
fommission man said, this -neek, that his
hou'.e had never before had so manv cars of
wheat in transit Vnd of course it is tn old
storr that country elevator stocks of wheat arc
gr" itlv in excess of a vear ngo
"One factor in the sni.ill movement of wheat
If you are interested in
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BiilMf Figures inlWhearMarkecFUp^Today
TODAY'S RANGE IN WHEAT
CfcjQ /Q3Q fjSO fpj0 /M
RANGE OF WHEAT PRICE IN MINNEAPOLIS
Dec.. $ .74%%
May,. 3S% .33%
Kansas Ci ty
New York 82
has been the giving preference to flaxseed by
the line companies and country shippers. This
was due to the strong demand and relatively
high prices for flaxseed for eastern shipment
But the expectation of an increase in receipts
is based mainly on a relief in the car situa
tion Or, rather, on relief to the over burdened
railroads. The livestock, lumber and miscel
laneous traffic must soon grow less, and the
railroads have given some assurance of turn
ing their attention to grain the latter part of
November The wheat has got to come and
when it does, the strongest card of those who
would like to see immediate higher prices will
have been lost
"There is one feature, which, as it is ever
present, cannot be lost sight of for long, it Is
sure to assert itself frequently That is, that
we have a considei ably surplus of wheat in the
country When we get far away from an inter
national price basis there is likely to be a
sharp check It always has been so in big export
years, and doubtless will be this year On the
other hand when prices seem the weakest and
the pessimists are talking 6oc wheat, it will
probably be found that good export sales are
being made, and then there will be a sharp
check in the other direction
1'rlmary receipts, 921,000 bu against 1,180.-
Clearances, 465,000 ou, including 15,000 brls
The weather forecast- Illinois, threatening,
with showers in north and central poitions to
night and cooler Indiana, showers tonight aud
THE DAY'S REPORTS
CLOSING CASH PRICES
On TrackNo. 1 hard, 78%c No. 1 northern, 77%c No. 1 northern to
76%c No. 2 northern, 75%c No. 2 northern to arrive, 74%c No. 3 wheat,
73%c, No. 1 durum, 65c No. 2 durum, -620 No. 3 white oats, 32%c No.'
57%@58%c No. 1 flax, $1.16% No. 3 yellow corn, 45%c barley, 37c to 47c.
Year Ago. Yesterday.
.77% 78% .76% .73% .83%
possibly Sunday warmer tonight cooler Sunday.
Missouri, partly cloudy tonight, with showers
in north Sunday fair and cooler. Wisconsin,
probably showers, turning to snow Sunday part
ly cloudy. Minnesota, generally fair tonight and
Sunday cooler in east. Iowa, showers, turning
to snow flurries cooler. North Dakota, fair
tonight and Sunday. South Dakotl, fair. Ne
braska, partly cloudy ad colder. Kansas, partly
Broomhall estimates world's shipments of
wheat on Monday at 10,000,006 bu. There will
be a fair decrease in the quantity of breadstuffs
Export sales were reported at 120,000 bn
wheat, 40,000 bu com and 90,000 bu oats,
THE FLOUR MARKET
[Q*o [so f3*//5
SOME IMPROVEMENTBIG "C" MILL BE-
Improvement in demand sufficient to warrant
production on a somewhat larger scale is re
ported, and the big "C" mill of the Washburn
Crosby company has resumed grinding The busi
ness is made up principally of small lots sold
to domestic buyers. Tho standing out and ap
pearing openly as still disposed to hold off, they
are compelled by actual requirements to stock
up a little.
Shipments, 49,32uot 2 barrels.
$4 20@4 30 second pat-
ents, ?email@example.com first clears, $3 25@3 35, second
clears. $firstname.lastname@example.org, in wood, fob Minneapolis.
THE CASH TRADE
MIIXSTOTTS ADVANCEDCORN AND OATS
FLAXReceipts, 4T cars against 78 cars a
year ago.ll Shipments, 13 cars. Closing prices:
CORNNo. 3 yellow corn closed at 45 %c.
Receipts, 9 cars shipments, 5 cars.
OATSNo 8 white oats closed at 32%c
Receipts, 81 cars shipments, 53 cars.
FEED AND COARSE MEALCoarse cornmeal
and cracked corn, in sacks, sacks extia, $16 25
16 o0. No 1 ground feed, 2 3 corn and 1-3 oats
75 lb sacks, sacks extra, $16 75@17 No 2
ground feed, y3 corn and oats, 80 1b sacks,
sacks extia, $17 25@17 50, No. 3 ground feed,
1: corn and 2 3 oats, 75 1b sacks, sacks extra,
MILLSTUFFSPrices are quotably higher for
all grades, and there is firm demand at the
advance. Bran, bulk $16 shorts, $13 75@16
middlings, $18 75@19, red dog, 140s, $22, feed
in 200-lb sacks, $125 additional, in 100 lb
sacks, $1 75 additional. Shipments for the day,
BARLEYQuotations ranged from 37c to 47c.
Receipts, 64 cars shipments, 33 cars
RYENo 2 rye closed at 57%@5S%c. Re
ceipts, 11 caish, shipments, 7 cars.
cholce $1 2 50 N 1 timothy,
$1150@12, timothy, Nochoice$10.50@11, 2, timothVloN
lair *e $12, praiiie,
1. $11 oO, prairied,. No. 2, $10(^1050, 50, prairied
N 1 $9@ 9 midlan
No 2, $6@7a0, no grade$4 hay, $2 50@4e50, rye
straw. Naot 1, $5 506, rye straw, No. 2, $4 30
straw 50 no grad sttaw
?2@3. Receipts, 170 tons, shipments, none.
CASH SALES REPORTED TODAY.
No 1 hard wheat, 8 cais ?$y
No. 1 haid wheat, 3 cais 7S4t
No. 1 Uam wheat, pait car '.'&%
No. i noitnein wueac, 20 cars
No. 1 northern wheat, 1 car 7
No. 1 noithern wheat, cars 78fa
No. 2 northern wheat, 34 cais 76
No. 2 northern wheat, cars ViV^
No. 2 northern wheat, 1 tar 7ui
No 2 northern wheat, 6 cais 75%
No 2. northern wheat, 2 cars 7t%
No. 3 wheat, 5 tais 73
No. 3 wheat, 5 cars 72%
No 6 wheat, 8 cais .74
No 6 wheat, sample sale, 1 car 71%
No. 3 wheat, 3 cats 72^
No. *J wheat, 4 cars 73
No wheat, +o arrive, 1 car 74
No. 3 wheat, bmut, 1 car 76
No 3 wheat, 2 cars 731^
No 3 wheat, 2 cars 7x14
No 4 wheat, 4 cars 70
No. 4 wheat, 1 car 70y4
No. 4 wheat, 4 cars 69
No 4 wheat, heating, 2 cars 67
No 4 wheat, 1 car
Rejected wheat, 1 car 70
Rejected wheat, 1 car .71
Rejettel wheat, 1 car, smutty 73V&
Rejected wheat, 1 cai, smutty 73%
Rejected wheat, 1 ear "5
No grade wheat 1 car, hot .56
No grade wheat, 1 car .67
No 1 durum, wheat, 1 car 65
No. 1 durum wheat, part car 06
No 2 duium wheat, 1 car 62
No. 3 durum wheat, 2 cars 59
No. 3 durum wheat, 1 car 59%
No. 1 durum wheat, 1 car 59%
No. 3 durum wheat, 3 tars 60%
No. 4 durum wheat, 1 car 60
No. 4 durum wheat, 1 car 56%
No grade ouium wheat, 1 car 58%
No 3 jellow corn, 1 car 45%
No. 3 jellow coin, 1 cai b.... 45%
No. 4 corn, 1 car 45%
No. 4 corn, 1 car 45%
No 2 rye, 1 car 58%
No 3 rye, 1 car 55%
No 3 rye, 1 car 55
No. 3 white oats, 1 car 32%
No 3 white oatr, 3,000 bu, to arrive 32%
No. 4 white oats, 6 cars 81%
No 4 white oats, 2 cars .31%
No. 3 oats, 2 cars 30%
No. 3 oats, 3 cars 29%
No 3 oats, 6 cars SO
No 3 oats. 1 car 30%
No grade oats, 2 cars 29
No grade oats 2 cars 28
No grade oats, 1 car 29%
No grade oats, 1 car 29%,
No. 4 barley, 1 car 45
No. 4 barley, 1 car 44%
No. 1 feed barley, 1 car 44%
No 1 feed barley, 1 cai 44
No. 1 feed barley, 1 car 43
No. 1 feed bailey, 1 car 45
No. 1 feed barley, 1 cai 46
No 1 feed bailey, 1 car 41
No 2 feed barley, 2 cars 42
No. 2 feed barley, 1 car 43%
No. 2 feed barley, 2 cars 44
No. 2 feed barley, 2 cars 44
No 2 feed barley 1 car 44
No. 2 feed barley 1 car 44
No. 2 feed barley 1 car 44
No. 2 feed barley 1 car 44
No grade barley, 1 car 40%
Sample barley, 1 car 40%
Sample barley, 1 car 44%
No. 1 flaxseed, 11 cars 1.16%
No. 1 flaxseed, 1 car, dockage 1 17%
No. 1 flaxseed, 1 ear, dockage 1.17
No. 1 flaxseed, 2 cars, to arrive 116
No. 1 flaxseed, 3,000 bu, to arrive 116
No. 1 flaxseed. 700 bu, to arrive 1.17
No. 2 flaxseed, 1 car 115
STATE GBAIX INSPECTION. NOV. 10.
Inspected InWheatCarsGreat Northern
No. 1 hard, 4, No. 1 northern, 13, No. 2 north
ern, 13 No. 3, 12 No. 4, 5 rejected, 1 ao
Chicago, Milwaukee & St. PaulNo. 1 north
ern, 10: No. 2 northern, 15, No. 3, 22 No 4,
10 rejected, 2. no grade, 9.
Minneapolis & St. LouisNo. 2 northern, 4
No. 4, 1, no grade, 2.
Soo LineNo. 1 hard, 24 No. 1 northern, 40
No. 2 northern, 15 No. 3, 3 No. 4, 1 re
Northern PacificNo. 1 northern, 8, No. 2
noithern, 5 No. 3, 3 rejected, 1.
Chicago, St. Paul, Minneapolis & OmahaNo.
2 northern, 2, No. 3, 6, rejected, 2 no
TotalNo. 1 hard, 28 No 1 northern 71
No. 2 northern, 54, No. 3, 46 No. 4, 17, re
jected, 7. no grade, 13
Other GrainsNo. 1 dudur wheat, 4 cars, No.
2 durum wheat, 18, No. 3 durum wheat. 22,
No. 4 durum wheat, 2, No 2 winter wheat, 5,
No. 3 winter wheat, 15, rejected winter wheat.
5 no grade winter wheat, 8 mixed wheat, 2,
western wheat, 2, No 3 corn, 1, No 4 corn,
1 No. 3 white oats, 4 No. 4 white oats, 14
No. 3 oats, 19 no grade oats, 9 No. 2 rye. 6,
No. 3 rye, 3 No. 3 barley, 1 No 4 barley,
12 No. 1 feed barley, 11, No 2 feed barley,
14 no grade feed barley, 4 No. 1 northwestern
flax, 4 No. 1 flax, 29 No. 2 flax, 11 no gi-ade
Cars Inspected OutNo. 2 durum wheat. 15
No. 3 durum wheat, 11 No. 1 hard wheat 9
No. 1 northern wheat, 21 No 2 northern wheat.
30 No. 3 wheat, 7 rejected wheat, 7 No. 3
white oats, 6 No. 4 white oar, 2 No. 3 oat?,
12, No. 1 flax. 6 No 2 flax, 2.
WHEAT RECEIPTS BY ROADS.
CarsMilwaukee. 81: Omaha. 39: St. IOUJR 9.
Great Northern. 56 Northern Pacific. 17 Great
Western. ',7 Soo Line, 49 Chicago, Bock Island
JAXLY WHEAT MOVEMENT,
The following are the7
THE MINNEAPOLIS JOURNAL. November
receipts and shipments
*t the principal primary wheat markets.
_. Bushels Bushels.
Yor 133,60 0 222,23 4
Philadelphia 81,527 9(360
St. Louis 64,000 84,000
?ton 247,716 38,796
Chicago 78,000 56,675
Milwaukee Bai32 8
Duluth 821,4504 184,913
Minneapolis 299,730 82.620
Kansas City 78,000 82,000
GRAIN IN REGULAR LOCAL ELEVATORS.
,_ Week Ending Week Ending
Wheat Nov. 10. Nov 3
No. 1 hard 427,775
No. 1 northern........ 907,363
All other grades 641,059
RECEIPTWSh Aa N DSHIPMENTS, NOV. M.
Cl "s, 299,730 bu, corn,
8,730 bu oats,, 124,460 bu, barley, 65,520 bu.
rye, 10,230 bu, flax, 50,760 bu flour, 1,318 brls
mtllstuffs 05 tons, hay2,0 170 tons, car lots, 530.
ShippedWheatx, 81 cars, 82,620 bu corn,
bu, 85,860 bu bailey, 38,940 bu,
iy .1 T'^
bu lour 40,32 2 brls
luillstuffs, 1,121 tons, linseed oil, 365,400 lbs,
oil cake. 583,710 lbs car lots. 511.
CONTINUED SMALL RECEIPTS WEAKENING
INFLUENCE IN WHEAT.
Chicago, Nov. 10.The continued small re
ceipts in the northwest were a weakening in
fluence on the wheat market today, but a fair
amount of buying by commission houses held
the market steady.
Sentiment became more bearish in the last half
of the session, and on selling by local holders
the price of December dropped to, 72%.c. Th,e
close was easy un2d %-c lower than the final
quotation of yesterday.
*@74%c No 8 red
73@74c No. 2 hard, 72%@75c, No 3 hard,
7l%@74c No. 1 northern, ^SSc, No. 2
northern, 79@82c No. 3 spring. 7J@80c.
Close. Wheat, December, 72%c, May, 77%c.
The trading was mostly in the May option,
transactions in December being light. December
wheat opened %c hlghei at 73%c and sold at
73% c. Minneapolis, Duluth and Chicago re
ported receipts of 687 cars against 514 cars
last week and 1.085 cais a year ago.
The corn market in general wab steady, altho
profit-taking sales in December caused a slight
decline in that option. The weather contniues
very favorable foi the movement of the crop
and this had a weakening effect on the market
December opened %c to %c higher at 42%
42%, and sold at 42%c Local receipts were 341
cars, with 87 of contract grade
The market held generally steady with light
trading until the close, which was steady and
for December %c lower at 42%c.
Close Corn, December, 42%c, May, 43%c.
The oats maiket was him on a fail demand by
shorts, but offerings were light. December
opened %c higher at 34%@34%c, declined to
34%c, and sold again at 34%@34%e. Local
tecelpts were 159 cais
Cash oats, No 2, 33%c No. 3, 38c.
Close: Oats. December, 34%c, May, 33%c.
The following was the ranjre of prices
Year ago 86%
Year ago 45%
Highest 34 &
Year ago 297^
76% 76%@77 76%j
The market todav has been subjected to
quick fluctuations within a lather narrow
lange At one moment the buying looked good
and at anothei the support was indiffeient.
Black Mountain seems to come out lather
freely and the price is off as a consequence
Superioi & Pittsburg ind Warren weie in fair
demand, while the balance of the list lemamed
Summing up the enti~e situation the market
looks as tho the reaction had about iun its
coui&e and purchases should now be in ordei
In general opinion selling has been carried a
little too far
Quotations at 1 i.m.
Calumet & Arizona $154 00
Superior & Pittsburg- 27.75
American Dev Co 11 00
Warien Dev Co i... 11.75
Denn-Anzona Dev. Co 19 25
Black Mountain 9 87
Globe Consolidated 10 00
Carianea Central ^4 75
Butte Coalition 37 75
Butte & London 2 37
Helvetia 3 25
28.00 1125 1^-25
LONDON CLOSING STOCKS, Nov. 10.Consols
for money, 86 3-16, consols for account 8bV
Anaconda, 13%, Atchison, 104, Atchison pre
ferred, 104%, Baltimore & Ohio, 121%, Canadian
Pacific. 179%, Chesapeake & Ohio, 55, Chicago
Great Western, 18} Chicago, Milwaukee & St,
Paul, 176 De Beers, 20% Denvei & Rio Grande,
40%i Denver & Rio Grande preferred, 86%, Erie
44%, Erie first preferred, 77%, Erie second pre
ferred, 69%, nfinols Central, 178, Louisville &
Nashville, 146, Missour, Kansas &. Texas, 34%,
New York Central, 131%, Norfolk & Weste.n.
95%, Norfolk &, Western preferred, 93, Ontajip
& Western, 46% Pennss lvania, 78%, Rand
Mines, 6%, Reading, 74%, Southern Railway,
33%, Southern Railway preferred, 98, Southern'
Pacific, 94% Union Pacific, 187%, Union Pacific
preferred, 96, United States Steel, 47%, United
States Steel pieferred, 109, Wabash, 20, Wa
bash preferred, 44, Spanish 4s, 95
Bar silver steady, 32 15-16d per ounce.
Money, 5%@5% per cent.
The rate of discount in the open market for
short bills is 6 per cent The rate of discount
in the open maiket for three months bills i&
5%@6 per cent.
MINNEAPOLIS, Nov. 10Bank clearings to
day, $4,777,S13.67, New York exchange, selling
rate, 15c premium buying rate, 15c discount,
Chicago exchange, selling rate, 15c premium
buying rate, 15c discount London 60 day sight
documentary exchange, $4.80%. Local money
stronger and no business done under 0 per cent.
ST PAUL, Nov. 10.Bank clearings today,
HALLET & O
11 2 Clumber of Commerce Minneapolis
SHH THE TO US AMD GET BEST PRICES
IsfoRTHWESTERN HlDE& FURCO.
200-202-204-151 S^N AMNNEAPOLI5 AMNN
Capital and Surplus
fCHAS.E. LEWIS & CO?!
412-415 Chamber of Commerce
New York and Chicago Correspondent*
Bartlett, Frazler & Carrlngton,
Prlngle, Fitch & Rankin,
I Chas. p. Gates & Co.
Wheat, Oata, Corn, Barley,
Flax, Live Stock.
Bought and Sold on Commission
The Van Dusen
SOUTH BT. PAUL.
WATSON Broktrt la
Grain and Provisions Stocks and Bonds
MEMBER8 N Y. 8T0CK EXCHANGE.
New York Office24 Broad Sf.
Chicago Wrenn CorrespondentsJ.
Private wire, Chicago and New Torfc
N. W Main 4492. N W Main 4493.
Twin City 184.
420-421 Chamber of Commerce.
Bran ch Office131 Guaranty Loan Bids.
Stocks? Grain, Provisions
New York Stock Exchange.
Chicago Board of Trade.
Minneapolis Chamber of Commerce,
Private wire to New York and Chicago.
68 CHAMBER O COMMERCE
NEW YORK LIFE ARCADE.
George P. Piper
Waiter D. Douglas
Ellsworth C. Warner
Denman F. Johnson
35% 35% 35%
Stocks and Bonds
Grain and Provisions
409-410-411 Phones N. W M.
3421-3422. T. C.322 Chamber of Commerce I
33% 33% 33%
FOR BEST RESULTS TRY
Tearse & Noyes
Oe@rge S James Jr.
11 Chamber of Commerce
Write me regarding Puts and Calls
how they operate and the large profit
gained on minimum investments.
N. W Main 4785. Twin City 2280.
Member Mpls. Chamber of Com.
PROVISIONS, STOCKS, BONDS.
110 Chamber of Commerce Bldg.
Branch Office, 633 and 634 Andrus Bldg.
A 601 BoardofTrada
Receiving a specialty. Advances made
to shippers. Orders for future delivery
executed in all markets.
SHIP TO HEADQUARTERS.
SOLICIT 0EDEK8 AND CONSIGNMENTS.
Our pri**t orkt UtUr mailed oa rebuilt.
If you want the services of expert hay
and grain men, ship to
Give us orders to sell to arrive the bulges.
DULUTH. GRAIN COMMISSION. MINNEAPOLIS
Associate Houses at St P?M. Mankato. Rochester. Minn., and.Aberdeen 4 D.-
E. A, BROWN & CO.
Consignments Solicited. Prompt Returns
SHIP YOUR GRAIN TO
Minneapolis 224 Flour Exchange.
Duluth: 52 Board of Trade.
Successor* to A. J. CUMMINGS, Bstab. 1898.
Membeis Minneapolis Chamber of Commerce, Du
luth Board of Trade and Winnipeg Grain Ex.
GBAIX, PROVISIONS, STOCKS, BONDS
Main OfficeDispatch Building, St. Paul.
Minneapolis Office111 Chamber of Commerce
Building, Ground Floor.
bles, Pro duo 3
large consignments. Or.
dera filled promptly (u
lerarythinx In our uax
I N VALUE
One Million Dollars
Present Listed Market Value of Sullivan Issues $2,900,000
Promotion Price of Sullivan Issues 1,900,000'
Lou Dillon Goldfield
SIXTY PER CENT PROFIT IN TWO WEEKS
Promoted by us last month at 30 cents per share. Now
listed on the San Francisco and Salt Lake exchanges and sell-
ing at above 50 cents. Good for $1 per share before January 1.
Eagle's Nest Fairview
TWENTY-TWO PER CENT. PROFIT IN TWO WEEKS
Promoted by us last month at 35 cents per share. Now
listed on the San Francisco and Salt Lake exchanges and selling
around 45. Good for $1 per share before New Years.
Indian Cam Manhattan
ONE HUNDRED AND FIFTY PER CENT PROFIT IN SIX
Promoted by us in April at 30 cents per share. Now selling,
on San Francisco Stock Exchange at above 75.
Stray Dog Manhattan
EIGHTEEN PER CENT. PROFIT IN SEVEN MONTHS
Promoted by us in March at 55 cents per share. Now sell-
ing on San Francisco Stock Exchange at 65.
Jumping Jack Manhattan
EIGHTY-TWO PER CENT. PROFIT Itf EIGHT MONTHS
Promoted by us in February at 30 cents per share. Now
selling on San Francisco Stock Exchange at 55.
The five companies are each capitalized for a million shares
of $1 each. The entire capitalization is five millions. They
were publicly promoted on a valuation of $1,900,000figured
on a basis of the subscription price the public paid for the
shares. The listed market value of these standard securities is
now $2,900,000, showing an average profit for investors of 52
per cent on their original investment.
We invite correspondence from investors, bankers and
'Write for our Nevada Mining Securities Review,
Sent free on request.