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The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, September 24, 1902, Image 12

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045366/1902-09-24/ed-1/seq-12/

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SEPTEMBER WHEAT MAKES A SLUMP TO 65 %c
Four Cents Under Monday's High
PointMay and December
Enormous Crop Estimates From Rus-
Also Decline.
siaA General Run of
t Bearish News.
he Unsettled Wall Street Reports
Affect Speculative Sentiment
Minneapolis Chamber of Commerce. Sept. 1M.
Wheat continued on the downturn after the open
ilng to-daj, and Si-pteuiber wheat broke to 00c,
[a diop of 1
trom the high point of Mondaj. There was no
suppoit to me ninikct, and everj offer of wheat
meant a fiuthei drop In the other options, the
tone was loiup iratlvelj turner, jet the declin
ing tendency continued and lie' ember lost \je,
gelling to tr. May had a little spurt to
68%c. but fell off again to GT%c
Having turned sentiment about in pait, and
haviut jatied out the weaker holdeis and cleared
up the atmosphete, the beais continued putting
out even thing of possible bearish effect in the
hope of lorcing price* back to the low point
before the recent advai.te. Russia, according to
foreign advices, has the largest wheat crop in
her history, or 547,000 000 bu This was the
opening item in the early new s, and follow ing
this came more reports of the same tenor. Much
'importance is now attached to the foreign situ
ation, and with heavy offerings In Liverpool of
wheat from Russia and the Danube, not much
Is looked for In the way of advances In that
market. The Russian report, which is given as
official makes the yield of oats 937,000,000 bu,
'rye 940,000,000 bu. and barley 312,000,000 bu,
which, if approximately correct, bears out the
earlier reports that the Russian grain crop this
year would he enormous In Chicago there was
much of hesitation in grain in a speculative wa
due to the uncertainty of the Wall street sltua
"tlon, which gives rise to a sympathetic feeling
Of hesitation even in lines not directly affected
Liverpool closed %ft
The northwest gained 100 cars over last year
In receipts, showing S47 cars, against 6S1. Min
neapolls had 430, against 227, and Puluth 417
against 454 Priman receipts were 1,060,000
bu, against 1,313,000 bu last year, and primary
Shipments 388,000 bu, against 585,00 bu. Wheat
and flour clearances equaled 675 0CO bu.
The market continued weak and struck new
Jow points near the close. December whea(1t
closed at 05%'8'6391c September, 65Vsc
Ma
in Wheat.
tc fioui jesterda und a fall of 4c
67%(ff07%c
Cash wheat sold early at l c to l%e over Sep
ember and later was firm at l%c over Septembei
bid There was good demand. No. 2 sold at
about December price. Millers bought a fair
(|u:int!t.v. There was inquiry later for whear
to arrive in both the No. 1 and No. 2 grades.
The price ringe on No 1 was from 69YiC to 08e
but the too figure represented only a scattered
trade or two in fancj lots, and the average fig
ure was 68%c No 1 to arrive brought 67V_
tc 68c No. 2 northern ranged from 05%c to
f6M c, averaging 66c. No. 2 to arrive, brought
66c No 3 wheat brought 63c to 64%c. Re
jected Rold from 64Vic down to 60c, and no
grade from 63c down to 59e.
THE FLOUR MARKET
FRIOES NOT QUITE 8 0 FIRMFAIR GEN
1 ERAL DEMAND.
The recent declines in wheat make the general
price tendency less firm, although millers are
yet quoting .nominally the same figures. De
mand in general is satisfactory.
Shipments. 49,950 barrels.
First patents are quoted $3.95fg4 05: second
patents, $3 [email protected] 90 first clears, [email protected] 25,
second clears, $2 55.
THE CASH TRADE
OUIET TONE IN CASH GRAINSGENERAL
DEMAND FAIR.
FLAXJust a fair demand ruled to-day for
flax. Price changes were slight and little varia
tion was noted except for rejected, which was a
trifle lower. Some lots dragged a little and
were unsalable to noon. No. 1 brought $1.28 for
the average. Rejected sold at $1.23%@l 24 and
no giade bold down to $1.18. At the close the
market was weakei. Minneapolis received 06
cars,, against 35 last jear, and shipped 22 cars
Dut'ith had 109 cars.
Closing prices Minneapolis, cash, $127% to
arrhe in 10 das $1 27 to arrive in 20 days,
$120% September, $1.27%, October, $1.26.
CORNNothing of interest developed in corn.
No 3 jellow closed at 57%c. Iteceipts, 8 cars
shipments, 1 car.
O VTSThe market on the whole was a little
better, although some \ery low prices were made
on the poorer lots, No. 3 white oats closed at
27%@3l%c Receipts, 59 cars shipments, 30
cars.
FEED AND MEALCoarse corn meal and
cracked corn, $20.75, No 1 ground feed, 2-3 corn,
1-3 oats. %'ia 75 No. 2 ground feed, % corn, %
oats, $20 75 No. 3 ground feed, 1-3 corn, 2-3
oats, $20 75.
MILLSTUFFSRed dog remains firm. The
general market is leforted very strong, with an
active demand Bran in bulk, [email protected] 50 bulk
tshorts, $12 flour middlings, $15.50 led dog, $19
@19.50 f o.b. feed iu 200-lb sacks, $1 per ton
additional, in 100-lb sacks, $1.50 per ton addi
tional. Shipments, 1,664 tons.
RYEAt the close No. 2 was quoted 45%c.
Receipts, 7 cars shipments, 8 cars.
BARLEYBetter prices were paid for the
choice malting grades, although the general
market was quiet aud the poor lots moved slow.
The market shows continued easy tendency, and
only the choice lots are salable at the top fig
ures. Receipts were 81 cars and shipments 62.
Feed grades are quoted [email protected] and malting
grades [email protected]
HAYUpland, choice, [email protected] upland. No. 1,
[email protected] midland. [email protected] medium, [email protected] off
color, [email protected] timothy, fancy, [email protected] timothy,
choice, [email protected] 50 timothy, No. 1, [email protected]
rye straw, choice, [email protected]*50. Receipts, 63 tons
shipments, 13 tons.
I
PUTS AND CALLS.
Two o'clock report:
PutsDecember wheat, 65%@65%c.
CallsDecember wheat, 66c.
CurbDecember wheat, 65%@65%c.
CASH SALES REPORTED TO-DAY.
No. 1 hard wheat, 2 cars ...$0.71
No. 1 northern, 4 cars
No. 1 northern, 5 cars 68%
1 No. 1 northern, 2 cars, old ...,
' No. 1 northern, 4 cars ,
No. 1 northern, 15 cars 68%
No. 1 northern, 1 car, choice .69
No. 1 northern, 2 cars 68%
No. 1 northern, 1 car 69%
No. 1 northern, 1 car 68%
No. 1 northern, 5,000 bu, to arrive ...... .67%
No. 1 northern, 1,000 bu, to arrive 68
, No. 1 northern, 1,000 bu, to arrive 67%
1 No. 2 northern, 2 cars 65%
No. 2 northern, 47 cars 66
No. 2 northern, 5 cars 65%
"No. 2 northern, 6 cats 66%
No. 2 northern, 1 car 66%
4fNo. 2 northern, 8 cars 66%
fNo 2 northern, 1 car, choice .67
No. 2northern, 8 cars 66%
^No. 2 northern, 1 car 67%
*No. 2 northern, 1,000 bu, to arrive
^No. 2 northern, 1,000 bu, to arrive
jNo. 3 wheat, 3 cars
'No. 3 w heat, 1 car
J,No. 3 w heat, 2 cars
No. 3 wheat, 1 car
,VA. 'A whent, *l en re |No 3 wheat 4 cars . .v. 64%
No 3 wheat, 2 cars 04%
^Rejected wheat, 2 cars 63
"Rejected wheat, 9 cars 64
^Rejected wheat, 1 car 64%
IRejected w heat. 1 car 64%
{Rejected wheat, 1 car 60
|ReJected wheat, 1 car 62
^Rejected wheat, 2 cars, f o b 62
{Rejected wheat, 1 car 65
^Rejected wheat, 1 car 62%
fNo giade wheat, 2 cars 59
JNo grade wheat, 1 car ...
pNo grade wheat, 3 cars . .
1N0
iNo fNJV..
grade wheat, 2 cars 60 2 white oats, 1 car 31
|No. 3 white oats. 5 cars 29
jiNo. .1 white oats, 2 cars 27
|No 3 white oats, 1 car 30
$No. 3 white oats, 1 car, wheaty 26
iNo. 4 white oats, 1 car 28
i|No. 4 white oats, 2 cars 30
jNo. 4 white oats, 2 cars 29
4 white oats, 2 cars 28%
3 oats, 3 cars 28
3 oats, 2 cars 24
3 oats. 1 car 27
3 oats, 1 car 26
3 oats, 1 car 26
No. 3 oats, 1 car 22
2*o. 3 oats, 2 cars 26%
JNo. 3 oats. 1 car 27%
{No. 3 oats. 2 cars 23%
wo. 3 oats, 1 car 24%
|No. 3 oats, 1 car 25
jNo. 3 oats, 1 car 23
|No grade oats, 1 car 25
* SNo grade oats, 1 car 24
INo grade oats, 1 car 26
-
mi.
p. '
C. C. WYMAN & CO.
I 5 6 CHAMBER OF COMMERCE.
For the past 19 years we have bsen selling Sample Grain. We are getting
shipments today from parties that started shipping us 19 years ago.
lower.
WEDNESDAY EVENING
.61 .63
j^^i^^Jt^ 'kkJiMMi^^^Si
RANGE OF WHEAT PRICE IN MINNEAPOLIS
Open. High.
May.$ .67%@67% $ .68%
Sept. .67% .67%
Dec. .65% .66%
Minneapolis $ .65%@65%
Chicago
Duluth 65%
St. Louis 66%
Kansas City 64%g 64}i
New York 7.3%
On TrackNo. 1 hard, 68%c to arrive, 67%c No. 1 northern, 67%c to arrive,
66%c No. 2 northern, 65%c to arrive, 64%c.
No. 1 flax, $1.27% No. 3 yellow corn, 5714c.
No. 3 white oats, 27%@31%c^No. 2 rye, 45%c.
Barley, 35c to 62c.
No grade oats, 1 car mixed 22
No grade oats, 1 car , 26%
No grade oats, 1 oar 22
No. 2 barley, 1 car 62
No. 3 barle.v, 1 car 56
No. 3 barley, 1 car 62
No. 3 barley, 1 car 55
No 3 barley, 1 car 54
No. 3 bailee, 1 car 46
No 3 barley. 1 car 51
No. 4 barle j. 1 car .50
No 4 bailey. 1 car 48
No. 4 bailey, 1 car 51
No. 5 barley, 1 car 46
No. 5 bailey, 1 car 51
No. 5 barlej, 2 cars 44
No. 5 barley. 1 car 45
No. 5 barley, 1 car 48%
No. 1 flax, 14 cars 1.28
No. 1 flax, 1 car 1.27%
No. 1 flax 1 car 1.28^
Rejected flax. 10 cars 1.24
Rejected flax, 2 cars 1 23%
No grade flax, 1 car 1.18
Range of December Wheat.
an
i&$ ll&> l**n /,/
L^-y-yi/w-iA-t
STATE GRAIN INSPECTION, SEPT. 24.
Inspected InWheatCarsGreat Northern
No. 1 northern, 25, No. 2 northern, 40 No 3
10, rejected. 8 no grade, 4. '
Chicago, Milwaukee & St. PaulNo. 1 north
ern, 14 No. 2 northern, 51 No. 3, 23 rejected
16 no grade, 3.
Minneapolis & St Louis, No. 1 northern, 1
No. 2 northern, 0, No. 3, 7 no grade, 2.
Soo LineNo. 1 northern, 6 No. 2 northern.
39 No 3, 13 rejected, 11.
Northern PacificNo. 2 northern, 9 No. 3, 2
rejected, 8 no grade, 1.
Chicago, St. Paul, Minneapolis & OmahaNo.
1 northern, 2 No. 2 northern, 15 No. 3, 6 no
grade, 31.
Other GrainsNo. 3 yellow corn, 6 cars No.
8 corn. 1 No 4 corn, 4 No. 2 white oats, 4
No. 3 white oats, 18 No. 4 white oats, 12 No.
3 oats, 16 no grade oats, 4 No. 2 rye, 8 No 3
rye, 2, No. 3 barley, 23 No. 5 barley, 16, no
grade barley, 7 No. 1 flax, 21 rejected flax, 29
Cars Inspected OutNo. 1 northern wheat, 19
No. 2 northern wheat, 35 No. 8 wheat, 6 reject
ed wheat, 4 no grade wheat, 3 No. 3 oats, 7
No. 4 white oats. 9 no grade oats, 2 No. 3
barley, 10 No. 4 barley, 16 No. 5 barley, 3
No. 1 flax, 20 rejected flax, 3.
DAILY WHEAT MOVEMENT, SEPT. 24.
The following are the receipts and shipments at
the principal primary wheat markets:
Receipts. Shipments.
Bushels. Bushels.
New York 81.900 22.908
Philadelphia 109.291 85,200
Baltimore 29,760 16,008
Toledo 63.000 2,725
Detroit 34,355 7,112
St Louis 150,000 41,000
Boston 42,350 04 942
Chicago 265.750 77,244
Milwaukee 45,000 9,490
Duluth 433,744 173,640
Minneapolis 374,100 43,680
Kansas City 286,400 30,400
RECEIP TS AND SHIPMENTS, SEPT. 24.
ReceivedWheat, 430 cars, 374,100 bu corn
7.760 bu oats, 87,910 bu barley, 81,000 bu rye,
5,250 bu flax. 60,060 bu, flour, 95 brls mlllstuffs,
00 tons hay. 63 tons fuel oil, 68,957 gals, fruit,
678 454 lbs merchandise, 1,917,670 lbs lumber,
22 cars barrel stock, 3 cars machinery, 274 600
lbs- coal, 1,056 tons wood. 177 cords brick, 123,-
000. lime, 2 cars cement, 1,100 brls household
goods, 20,000 lbs, pig Iron. 125 cars stone and
marble, 6 cars live stock, 1 car dressed meats,
98,000 lbs railroad materials, 3 cars sundries,
46 cars car lots, 1,075.
ShippedWheat, 52 cars, 43,680 bu corn. 850
bu oats, 50,760 bu barley, 73,160 bu rye, 2,880
bu flax, 22,000 bu flour, 49,950 brls mlllstuffs,
1,664 tons hay, 13 tons fruit, 95,000 lbB mer
chandise, 2,943,350 lbs lumber, 57 cars posts
and piling. 4 cars machinery, 293,400 lbs coal,
22 tons wood, 10 cords brick, 20,000 lime, 3
tars cement. 300 brls ties, 6 cars stone and
marble, 8 cars live stock, 2 cars linseed oil,
320 brls oil cake, 60,000 lbs railroad materials,
S cars sundries, 28 cars car lots, 865.
WHEAT MOVEMENT BY ROADS.
ReceivedCarsMilwaukee, 172 Omaha, 65
St. Louis, 13 Great Northern, 119 Soo, 48
Northern Pacific, 58
ShippedCarsMilwaukee, 23 Omaha, 5 St.
Louis, 11 Wisconsin Central, 1 Great Northern
5 Northern Pacific, 1 Chicago Great West
ern, 6.
.68%
68% 68%
CHICAGO GRAIN
MORE INTEREST IS BEING EXHIBITED I N
DECEMBER WHEAT.
Chicago, Sept. 24.The wheat market opened
weak to-day with prices about %c lower. Favor
able weather for the movement of grain in the
Dakotas and Minnesota, together with lower ca
bles were the leading bear features. There
was soma buying early by the leading bull inter
est, but trading on the whole was light. Sep
tember opened unchanged to %c lower at 79%c
to 80c, and under the prevailing weakness sold
down to 78%c. December opened a shade to %
@%c lower at 69%c to 69%@69%c, declining
to 69c during the first hour of trading. More
interest was exhibited In this month than in the
near-by deliveiies. Minneapolis and Duluth le
ported receipts of 847 cars, and local receipts
were 138 cars, with none of contract grade,
making a total for the three points of 985 cars,
against 951 last week aud 769 cars a year
ago. '
.66
.65%
.64% .63 .65 .64%
After going down to 78c. September wheat
rallied to 82c, mostly in sympathy
on talk of a large shipping business
There was another decline late,in the session an
the close was unchanged at 80c. December *rad
s
inclined to weakness and the close was %c lower
at 69%@69%c.
CloseWheat. September, 80c December,
69%@69i4c May, 70%@70%c
Cash wheat. No. 2 red, 79fT81c No. 3 red.
[email protected] No. 2 hard winter. 69%e No. 3 hard
winter, [email protected] No. 1 northern spring. [email protected]
No. 2 northern spring, 70(&)76c No. 3 spring,
[email protected] ,
Corn was rather easy, with apparently no
pressure to sell. The slump In Wall street had
a tendency to lower prices, but news In general
wus rather conflicting, reports from Iowa claim
ing late corn had been injured b3- the frost while
too much rain had fallen during the past 48
hours for the free movement of the crop. Sep
tember opened %c to %c lower at 60%c to 61c,
but held fairly steady around 60%c. December
opened unchanged to %c lower at 44%@45%c
but sales were made mostly around the lower
figure, with one sale at 44%c. Local receipts
were 288 cars, 72 of contract grade.
Good commission house buying brought about
a rally, September advancing to 02%c aud the
close was l c higher at 62% c. December range
within narrow limits and the closa was %@1Ad
o
higher at 45%@45%c.
Close: CornSeptember, 62%c October,
56%c December. 45%@45%c: May, 41 %c. Cash
corn, No. 2, [email protected]%c No. 3, [email protected]%c.
Oats were weak la sympathy with other grains
and trading early iu the day was light. Decem
ber opened unchanged at 30%c.' There was a
slight decline early when the price touched
30%ff|30%c. Local receipts were 127 cars.
Close: OatsSeptember, 83c old, 27c Decem
ber, 31%c old, 27%c May. 31%c. Cash oats.
No. 2, 29c No. 3, 27%@28c.
The following was the range of prices:
Wheat Sept. Dec. May.
Opening 80 69%@% 70%
Low.
$ .67%
.65% .65%
THE DATS RESULTS
Dec.
Close
To-day.
69%@69}4
CLOSING CASH PRICES
6EL
( -
withatcorn x Duluthd .
Close Close
To-day. Yesterday.
$ .67%@67% $ .68
.65% .65%@65%
Wheat. May Wheat.
Close Close Close
Yesterday. To-day. Yesterday.
$ .66%66 $ ,67%@67% $ .68
.69%@69% .70%@70% .70%@70%
.6 6% .68% .6914
.6 6% .68% .60
.6 4% .66 .66^[email protected]%
.7 4% .74% .75%
Highest 82%
Low est 78
Close
To-day ...
Yesterday leai ago
Corn
Opening ...
Highest ...
Low est
Close
To-day Yesterday 61 %
Year ago 57%
Oats
Opening 33%
Highest 33%
Low ost 33
Close
To-day S3
Yesterday 33%
Year ago [email protected]%
OTHER GRAIN MARKETS
DULUTH GRAIN, Sept 24.Armour interests
have been in this market for a few days buy
ing all the wheat offered for shipment by Sept
25, evidently for E-hirment to Chicago in time
to deliver on their September contracts. As a
result this market is out of line for any export
business. The market was active and lower to
day. Opening was %c off at 66'6c, and fluctuat
ing all the moming between 66 and 66%c, and
finally closing at 6"%c a decline of %c. Sep
tember fell %c. Cash sales were 300.000 bu at
September price for cash stuff fnd 2c over De
cember for to ariive. Flax was active and
weaker. September declined l%c and October
lc, while cash seed was off lc.
The close: Wheat, cash No. 1 hard, 70%c No.
1 northern, 69c No. 2 northern, 07c No. 3
spring, 65c to arrive. No. 1 hard, 69%c No. 1
northern, 67%c September, 69c December,
05%c macaroni No. 1. 63%c: No , 62%c oats,
September, 80c December, 2S%e: to arrive, 30c
on track, 30%c, lye, Octobei 48c on tiack, 48c
to arrive, 48c flux, cas-h, $1.30 on track, $1.30
to arrive, $1.29'/2-.
l/l1
$128% November. $1.28 December, $1.26, May,
$1.30 Barley, 44c to 56c Cais inspected, wheat.
4, 33, 744, oats, 23, 82S. rye, 17, SS5, barley,
77,965 flax, 86. 354 shipments, wheat, 173,649
bu, barley, 3,666 bu.
NEW YORK GRAIN AND FLOUR, Sept. 24
FlourReceipts, 25,715 brls sales, 3,500 pkgs
unsettled by the wheat decline and barely steady.
Buckwheat FlourQuiet, $1.752.25 bid. accord
ing to delivery. WheatReceipts, 81,400 bu
sales, 1.315,000 bu opened easier and declined
under disappointing English cables, large north
west receipts and a further break in September
later It rallied on covering and at noon was
steady September, 74%@74%c December, 73%
@74 l-16c May, 74 [email protected] RyeQuiet
state, 54%@55c, c 1 f, New York No. 2 wes
tern, 58%c, fob, afloat No. 2 [email protected]%c,
track. CornReceipts, 32,550 bu sales, 60.000
bu declined early owing to weakness west
and in wheat, but by midday had recovered on
small receipts and a demand from shorts Sep
tember 67%@69c December, 50%@51%c May,
45%@45%c. OatsReceipts. 70,500 bu quiet
and steady track white, [email protected]
Close: Wheat, September. 74%c December.
73%c, corn, September, 67%p December, 51'^c.
LIVERPOOL GRAIN, Sept. 24.WheatSpot,
firm No. 2 red western winter. 5s lid No. 1
northern spring. 6s 6%d No 1 California, 6s
5d futures dull September, 5s 9%d December,
5s 10%d. CornSpot, quiet, American mixed,
5s, 10%d futures, quiet: October, 5s 4%d No
vember, nominal January, 4s l%d.
MILWAUK EE GRAIN, Sept. 24Flour, dull.
Wheat, lower close. No. 1 northern. Sic No.
2 northern, 71%@73%c December, 69c. Puts,
68%c, calls, 69%c. Rye, quiet, No. 1, 51c. Bar
ley, steady standard, 59c sample, [email protected]
Oats, firm standard, 31%@32%c. Corn, De
cember, 45%c, puts, 45%c, calls, 46%c.
CHICAGO SEED AND COARSE GRAIN, Sept.
24 FlaxCash, northwestern, $1.32 southwes
tern, $132 September, $1.33 October, $1.29%.
BarleyCash, [email protected] RyeSeptember, 49c
December, 48c. TimothySeptember, $3.85.
CloverOctober, $9.30.
TOLEDO GRAIN AND SEED, Sept. 24.
WheatDull, easier cash, 73c: September, 73c
December, 72%c Ma..-, 73%c. CoinMore active,
strong September, 63c December. 43%c May,
40%c. OatsDull, firm September. 31c De
cember, 11c May, 31 %c. CloverseedActive,
strong October, $5.8u January, $5.65. Timothy
No. 2, $1.75. Rje52c.
KANSAS CITY GRAIN, Sept. 24.Close:
WheatSeptember. 66%g,66%c December, 64%
@04%c cash No. 2 hard, 66%@67%c No. 2 red,
66%@67c. CornSeptember. 55%c December,
36%@36%c cash No 2 mixed, 56c No. 2 white,
38c. OatsNo. 2 white, 32%c.
GRAIN TRADE GOSSIP
Clearances, 675,000 bu.
Liverpool, %@%d lower.
Thomas & Dunnett from Chicago: Sentiment is
bearish for the time. There Is no doubt that
the unsettled condition of Wall street tends
to hurt business In the grain pits because it
makes traders cautious. New York grain men
wired they did not care to do anything in
grain until the financial atmosphere cleared.
Antwerp close: Wheat, 12% centimes lower,
equals %c.
Winnipeg, clear, strong east wind, 50 above
Graud Forks, clear, c
and cool, bright Casselton, clear, light southeast
wind, cool St. Cloud, clear, calm, warm Corn
stock, clear and cool.
Total clearances- Wheat and flour, 675,000
-corn. 4,000 oats, 98.000.
Liverpool close: Wheat, %@%d lower corn,
%@%d lower.
In Chicago, J. H Wreun has been a conspicu
ous seller for a few days.
Paris, Sept. 24.French country markets
steady Weather in France fine
London. Sept. 24 Wheat off coast, nothing do
ing, on passage, firm but not active. Corn off
coast, nothing doing, on passage, rather firmer.
.an
NEW YORK COFEE AND SUGAR, Sept. 24.
Coffee futures opened steady, with first prices
net unchanged to five points higher on the Sep
tember and Ju ne options. The advance was due
to the stronger tone of the Santos market. The
local trading was very dull early. Some timid
shorts were disposed to cover, and offerings were
limited. Sales on the call were 1,250 bags, and
to noon 6,000 bags, at which time prices were
partly five-" points net higher. The sales in
cluded: October, [email protected] December, 5.25c
March, 5.50c June. 5.70c. Rio, weak No. 7
Rio 4, $5.30. Exchange, 11 29-32d. Receipts,
21,000 bags. Cleared for the United States,
15,000 bags cleared for Europe, 12,000 bags
stock, 707,000 bags.
, CoffeeQuiet No. 7 Rio, 5%c.
SugarRaw, firm fair refining, 3c centrif
ugal, 96-test, 3%c molasses sugar, 2%c re
fined, firm crushed, 5.20c powdered, ,4.80c
granulated, 4.70c.
MolassesSteady New Orleans, [email protected]
.67% .66^@66%
69% @%
69
80 80 69%a(%
6b%@% [email protected]%
61 b2% 60% 02%
THE MINNEAPOLIS JOURNAL.
Close
Year Ago.
$ .70%
.68% .67%@67%
4 3% @%
45%
5&%@%
New York, Sept. 24.There was a rush to sell
at the opening this morning, yesterday's weak
ness on account of the money situation being ag
gravated by the unexpected news that President
Roosevelt was under surgical treatment. There
were violent breaks In prices pf one to three
points in the leading stocks. In many cases
there were running sales on a downward grade,
which showed a spread of ns much as a point
on simultaneous sale? o t 1,000 to 5,000 shares.
The severest sufferers -were amongst the Pa
cifies, Southw esterns and Coalers. Louisville
showed a loss of three points and Atchison, Mis
souri Pacific and St. Louis Southwestern pre
ferred of two points or over. The market
steadied slightly on secondary quotations, but
the liquidation continued in large volume.
70% 70
41% 41%
60&60%
30% 3 1%
30%
September,. $ 1 30. October ,
n lm and cool Fargo, clear
MISCELLANEOUS
NEW YORK COTTON, Sept. 24.The cotton
market opened steady with prices unchanged to
3 points lower In sympathy with weakness In
the Dnglish market, where prices were down 4
to 5 points. Liquidation by the commission
houses was active and the room as. a general
thing was bearish on the reaction theovy. There
weie strong Indications that the bull clique
was selling out some of its January cotton and
taking In March shorts. Not long after the
call there was a sharp rally, to 8.70c for Jau
nary on brisk covering by the scalping element,
and a show of strength on the part of leading
iougs. Receipts - were not as large as anticipated
and the estimate for to-morrow's Houston ar
livals ranged between 5,0JO and 6,000 bales
against 11,500 bales a year ago. At the close
of the first hour the wbole market eased off un
der general selling In which bull operators took,
a conspicuous part. January dropped to 8.72c
from 8.79c and March cold off to 8.51c. The
late cables from Liverpool were pessimistic and
loss demand from exporters In southern spot
markets was leported by private wires. The
weather news was rather against the bears. The
chief factor in the market was the selling by
the "clique" this tending to alarm smaller hold
ers on every hand and to encourage active be ir
pressure.
Late in the, mominpr the market was weaker
and off to the' lowest figures of the sessiou thus
far a net decline of [email protected] points at noon. Wall
street longs seemed to be leading the selling
movement. Spot dull middling uplands, 8%c
middling gulf. 9%c.
Estimated receipts of cotton at the ports: To
day, 39.000 bales, against 32.139 actual last
year. For the week. 223,000 bales, against 209,-
463 actual last week and 145,532 actual last
year. To-day's receipts at New Orleans were
10.076 boles, against 6,449 last year, and at
Houston 15.302 bales, against 7,230 last year.
Spot closed dull, middling uplauds, 9c mid
dling gulf, 9%c sales, 99 bales.
31%@% 31% 31%
3 1%
30%
36%
St 38%
SUPPORTING ORDERS.
The threatening character of the opening break
induced some vigorous supporting orders by large
financial and banking interests, and the whole
market set out upon a recoverj. It was evident
also that some of yesterday's sellers were
prompted to take their profits at the cheaper
level. The process of bidding up prices con
tinued to absorb very heavy offeiings, but the
eagerness to sell diminished as the steady up
ward trend of prices was perceived. Reports
issued from the president's train relieved anxiety
over his condition. By the end of the first hour
there were pretty general recoveries of the open
ing losses, and Missouri Pacific, Manhattan,
Texas & Pacific, Illinois Central, Sugar aud
Amalgamated Copper were a fraction above last
night.
70%@% 70% @%
73%
45% 46 44%
THE BDSr TO SELL
It Starts In Early in Stocks With
Some Violent Breaks in
Supporting Orders Cause a Rally, but
41% 41% 40%
Ranks Call Loans and the Sell-
NH"
Prices Recorded.
ing Begins Again.
MONEY AT 18 PER CENT.
An opening call loan rate of 18 per cent
brought the rise to a pause, and there wer frac
tional recessions and quieter dealings.
The sale was reported of a Stock Exchange
seat at $83,000, the highest price on record.
VIOLENT LIQUIDATION BEGAN.
The liquidation was renewed with violence
when the banks resumed the calling of loans,
and the money rate soated above 20 per cent.
Within a few minutes prices had receded to be
low the opening level Before noon the losses
were generally as much as one to four points.
St. Paul fell 4%, Missouri Pacific 4%, Illinois
Central 4%, Louisville four, Lackawanna five,
United States Express 5%, Northwestern six
points, and so on.
The period of liquidation had spent Itself for
the time before noon, and there were rallies
running to a point in Missouri Pacific, New York
Central and Reading. Bonds were weak in sym
pathy with stocks at noon.
SPECHT & CO. FAIL.
New York, Sept. 24 A. R. Specht & Co,
members of the Consolidated Stock Exchange,
suspended payment to day. The liabilities aie
not known. The firm has been in business about
two years. \
VIOLENT RALLY ON COVERING.
The extent of the declines offered attractive
profits to the bears, and when the presEUre of
liquidation showed relaxation there was a scram
ble to cover short contracts. The result was a
violent rally of [email protected]% points In Missouri Pacific,
St. Paul, Louisville, Norfolk & Western, Illinois
Central, the Wabash stocks and a few others.
Southern Railway and Amalgamated Copper were
Union Pacific, Manhattan. Texas & Pacific.
Southern Railwaj and Amalgamated Copper were
lifted to a shade over last night. At 1 o'clock
the market was dull.
The market was Tery quiet by comparison
and after yielding slightly stiffened again to the
best. The money rate became easier with the
satisfaction of the most urgent demands. West
ern Union rose 1% over last night.
Stock quotations reported for The Journal by
Watson & Co.,,' Chamber of Commerce, Minne
apolis. 1 1 '1 d n
Closing prices are bid.
Sales. I Stocks IHgh-i Low-
est. I est.
400 100
Am. Cot. Oil.
do pr
Am. Car
do pr
Am| Locomoti
do pr ....
Ata. ice V
do pr
Am. Linseed..
do pr
Am. Sugar ..
do pr
Am J Smelting.
do pr
Arual. Cop
4,300
200
2,700' 1,300
600 300 100
100
8,000'
200
1,*00
700
20,400
v
600|Anacon Cop .
A , T.-& S. F.
do pr
Bait. ,&Ohlp.
do pr
Brook. Rap.T.
Can. South . .
Can. Pacific..
Ches. & Ohio
Chi. & Alton.
do pr
Chi. Gr. West.
do pr A ....
do pr B .
do debt ....
C. C. C & St.L
do pr
Ohi. Term . .
do pr
Col. 1 uel & I.
do pr
Col. Southern
do 1st pr . .
do 2d pr . .
Col. H. C. & I.
Consol. Gas . .
Con. Tob. pr..
Del. & Hudson
Del., L. & W
Den. & Rio G.
do pr
Du.,S.S. & At.
do pr
Erie
do 1st pr ..
do 2d pr
Evans. & T.H.
do pr
80,100 12,100
22,200 12,800
100
22,400 15,700
3,600' 7,100
100 100
900 200
11,500
2 JO
2,600 2,400
100
1,800
200
2,900
31,600
5,300 1,100
1,500 Gen. Electric
Great Nor. pr.
21001 Hocking Val...
do pr
Illinois Central
do rights . .
Iowa Central..
do pr
Inter. Paper..
do pr
K. C. & South.
do pr
Lake E. & W .
do pr
9.S00 Louis. & Nash
100
10,600
1,000 2,000
900
13,900
2,600
M.,St.P. & Soo
do pr
Manhattan ...
Met. St. Ry...
Minn. & St. L.
do pi
94,600|Mlssouri Pac.
10,500
4,000 2,000
M., K. & T
do pr .....
Mexican Cent
Me\. Nat
do pr
Nat. Biscuit .
do pr
Nat. Lead ...
do pr
N. J. Central.
Norfolk & W .
do pr .....
North Am. Co.
Nor. Securities
Nor. Securities
Nr.ithwestern X.Y.Air Brak.
N Y. Central.
N.Y..C & St.L.
do 1st pr..
do 2d pr
Ontario & W.
Paper Bag . .
do pr
Pressed Steel..
do pr
Pacific Mail...
Pcnn. R. R...
People's Gas..
Reading
do 1st pr..
do 2d pr . .
Kepub. Steel..
do pr
Hock Island....
St. L. & an F.
do 1st pr.
do 2d pr
St. L. & S. W.
do pr
St. Paul
do pr ....
St.Joe & Gr I
do 1st pr.
do 2d pr..
Southern Pac.
Southern Ry |
do pr
Tenn Coal & I
Texas & Pac.
Third Ave. Rv
ToL.St.L & W
do pr
Twin City R.T
do pr ....
Union Pacific.
do pr
U. S. Express
U. S. Leather
4,300
100 200
20,600
100
900
13,500
700
6,400
3,800
200
1,700
30,300
3,000
47,800
700
2,100
4,600 1,600
100
4,800
200
1,000
300
6,900
50,700
1,000
200
57.400
43,600
1,000
6,700
16,500
200 200
57,800
1,900
13,400 47,900
32,000 14.700 16,800
100 900K do pr .,
U. S. Steel
do pr
Wabash .
do pr
Wells-Far.
7,500|West. Union.
50% 35% 91%
#1%
127%
Bid
50
95 34 90%
, 94
' 11%
J 3 8%
OFFICIAL QUOTATIONS OF THE MINNEAFO-
LIS PRODUCE EXCHANGE.
-Close-
Sep. 24
50 95 35% 9 1%
30% 9 3%
1 1%
37% 22% 50
, 29%
h
V-ie'"
125%
, 95%
45
94%
lt
rl^O!
,,06'._
'65%
89 '
100 108%
06% 6 3%
i46"
52
39%
136%
5 0%
38%
'3 1% ' '30%
'46%
104 102%
22 40
80%
21 39
78%
'32%
73%
"3i"
'26''
72%
220%
'ig"
218 iii"
40% 92% 20
31
39% 68 54% 61
'4 5%
91% 19
30 37% 67% 5 3%
58
191% 195%
191 194
155%
1 1%
81
20% 73% 36% 57
191 195
96
90
153%
11
4 5%
80%
20 73% 36% 57 63
120
148%
76%
130% 136%
142% 110% 123 113%
31% 03%
26% 19% 39 46%
103%
27
9 1%
176
72% 03
127
151
11 80% 20 73 35
149%
78
133% 137 143
147
74
130 133% 140%
116%
31% 64
27 19% 39
54% 60
92
111%
30% 62%
26% 19 38%
73%
128
70%
124'
ii2%
2=15 180
160
53
iooi
230 179
137%
50% 78 52%
174
73% 93
125 111 %
"Hi
233 %
182%
"iii%
91
- 35%
78% 58% 43%
164%
104
6h%
86%
234 179
139
50%
114
90% 34% 14%
78
53
90% 33% 41%
162% 102%
66%
85%
21 78
164 104%
68%
86 75%
20% 77%
198
80 84
19%
77%
198%
81
198
78%
' '74%
35%
72
194%
197
23
79
40 75% 38% 95%
60% 4 3%
72% 74%
33%, 34%
68 %| 72
190 \ 192% I'194"$991
195% 196
7
8
21% 22%l 22%
' 78% 1 "
39v* 75% 38 951/,
65%
77
37%
73V, 37 95
64%
28% 43
^
12?)
28% 42-J.J
46
28
41%
107%
91%
105%
91
.40% 39%
89% S7%
35%! 33
50%f 18%
240 I 232
93% i 81%
Wednesday, Sept. 24.Extra creamery but
ter, steady packing stock, higher. Striot
ly fresh eggs, higher. Fancy country dress
ed veal, firm. Live poultry, lower. Green
fruits, steady. New apples, steady. Pota
toes, easy.
BUTTERExtra creameries, per lb, 22c firsts,
per lb, 20%c, seconds, per lb, 17c dairies, ex
tras, per lb, 10c dairies, firsts per lb, 17c sec
onds, per lb, 15c packing stock, per lb, 13%@
15c ladles, firsts, per lb, 15c seconds, per lb,
12c.
EGGSStrictly fresh, cases Included, loss off,
per doas, 19c strictly fresh, case count, 16%c
checks and seconds, per dox, lie.
CHEESETwins or flats, fancy, per lb, ll%c:
twins or flats, choice, per lb. 10%c daisies, fan
cy, per lb, [email protected]%c brick, No 1, per lb, 11 'c
No. 2, per lb. 9c No. 3, 7i^8c limburger. No. 1,
per lb, [email protected]%c limburger, No. 2, per lb, [email protected]
9c pultost, per lb, 9c prlmost, No. 1, per lb,
7%c block Swiss, No. 1. per lb, 14%@15c No.
2, per lb. 8%@9c: round Swiss. No. 1, per lb.
15%@16%c. No. 2, 8%fif9c, Young Americas,
fancy, per lb, 12%c choice, [email protected]%c.
POULTRYTurkeys large toms and hens, per
lb, 12c hens, per lb, 8%c roosters, old and
young, per lb, [email protected] springs, per lb, [email protected]%c
ducks, old, per lb, 6 ducks, spring, white,
per lb, 9c ducks, spring, colored, 8c geese, 6c.
DRESSED MEATSVeal, fancy, per lb, 9c
fair to good, per lb, [email protected]%c thin, small or over
weight, [email protected]%c mutton, fancy, country dressed,
per lb, [email protected]%c mutton, thin, per lb, 5c milk
lambs, pelts off, thin, per lb. 6$7c high, light,
per lb, 8%c medium. &%<- heavy. Sc.
FISHPike, large, per lb, 80 small and me
dium, [email protected] crappies, medium to large, per lb,
7c small, per lb. [email protected] pickerel, per lb, 4%@
6c sunfish, per lb, [email protected] bullheads, skinned, per
lb, [email protected]
CABBAGEHome grown, fancy, large crate,
$1.
POTATOESPer bu, small lots, 30c car lots,
per bu, No. 1, sacks extra, [email protected] mediums,
per bu, sacks extra, 18!?23c
SWEET POTATOES-^Jerseys, per barrel, $4
Virginia, per bu, $8.50.
ONIONSHome grown, per bu, 40c.
TOMATOESHome grown, per bu, [email protected]
green, per bu, 60c.
DRIED PEASFancy yellow, per bu, $1.75
medium, per bu, $1 green, fancy, per bu,
$1.75 green, medium, fair, $1.25 marrowfat,
per bu, $1.25.
DRIED BEANSFancy navy, per bu, $2.25
choice navy, per bu, $2 medium, hand-picked,
per bu, $1.85 medium, fair, per bu, $1.25 me
dium, mixed and dirty, per bu, [email protected] brown,
fancy, per bu, $2 fair to good, [email protected]
APPLESJonathan, per brl, $4 Maiden Blush,
per brl, $3 Wealthy, per brl, $3 cooking, per
brl, $2 50 box, bu, fancy, red eating, $1 crab
apples, bu, $2 brl, [email protected] bu box, fancy,
cooking, $1 box, $1.50 brl, $4.
WEST COAST FRUITSPeaches, per box,
80c peaches, clings, per box, 70c plums. Gross,
per crate, $1.25 Hungarians, per crate, $1.25
Egg, per crate, $1.25 pears, Bartlett, per box,
$2.50 Muscat grapes, per crate, $1 Tokay, per
crate. $1(31.10.
MELONSWatermelons, large, per doz, $2.75
3 watermelons, medium, per dosen, $2.25
2.50 muskmelons, per crate, $1.
ORANGESLate Valenclas, all sizes, per box,
[email protected]
LEMONSVerdilllas. per box, $4.50 Messlnas,
fancv, as to size, $4.50 choice, $4.
PEARSEastern, per brl. [email protected]
PLUMSSouthern, per 16-qt crate, $2.
BLUEBERRIESPer 16-qt crate, $2.
GRAPESColored, lo-lb basket, 19c
wares, 5-lb basket. 20c
BANANASFancy, large bunches, $2.75 me
dium bunches, $2.23 (g2.50 small bunches, [email protected]
2 25
VEGETABLESWax beans, per bu, [email protected]
corn, green, per doz, [email protected] egg plant, per doz,
[email protected]$l radishes, per dozen bunches, [email protected]
onions, green, per doz bunches, 15|20c lettuce,
per doz, 25c lettuce, heads, per doz, 50c mint,
per doz, [email protected] parsley, per doz, 30c new
squash, per doz. $1.25 turnips, per bu, 30c
carrots, per bu, 39c.
Bid
Sep.23
9 3
11
37%
50% 96 34% 91 31%
94%
11 38% 22% 50
127 118%
46
94% 65%
104
91
101% 109%
96% 65%
87
139
5 1%
88% 74
31 87%
46% 91%
103% 117%
22 39
79%
130
31% 73
48% 19%
220% 121% 175% 170
46 92% 19%
30%
2,900
200 800
2,400 2,200
Wheel. & L : B
do lst_pr.
do 2d pr..
Wis. Central.,
do pr
Total sales, "1.632,700.
MONEY REPORTS
NEW YORK, Sept. 24.Money on caU strong,
[email protected] per oent piiine mercantile paper, 6 per
cent sterling exchange weak, with actual busi
ness In bankers' bills at $4.}[email protected] for de
mand and at $4.82.G25ft4.62.7 for 00 days
posted rates, $4.83% and $4.80% commercial
bills, $4.82(^4.82% bar silver, 01% Mexican
dollars, 40%c government bonds steady, re
funding 2s, registered, leak coupon, 310% 3s,
registered and coupon, I08 new 4s, registered
and coupon, 137 old 4s, registered, 110%
coupon, 111% 5s, reglsteied and coupon, 105%.
NEW YORK, Sept. 24. Gold premlu.ns aic
quoted: Buenos Aiies, 12S.20, Madrid, &.&S.
BERLIN, Sept. 24.Discount rates, short bills,
2% per cent three months' bills, 2 % per cent.
MINNEAPOLIS, Sept. 24.Bank clearings to
day, $2,8oC,282.92 New York exchange, selling
rate 10c premium, buying rate 40c discount
Chicago exchange, selling rate par, buying rate
50c discount London 60-day sight documentary,
excuange, $4 82%.
CHICAGO, Sept. 24.Bank clearings, $26,012,-
156r balances, $1,896,994. New York exchange,
20c discount. Foreign exchange, posted, ster
ling, $4.83% for sixty days ana $4.86% for de
maud.
LONDON, Sept. 21.Gold premium at Rome,
.15T^omrfxT
.
balances ,
BALTIMORE, Md^ Sept.
$4,074,912 balances, $486,014.
cent.
PARIS, Sept. 24.-4 p. m.Three per cent
rentes, 100 francs 7 centimes for the account.
Spanish 4s, 86.92%.
PHILADELPHIA, Sept. 24.Clearings, $20,-
944,283 balances, $2,472,902. Money, 6 per
cent.
NEW YORK, Sept. 24.Exchanges, $279,486.-
432 balances, $7,745,835.
ST. PAUL, Sept. 24.Clearings, $1,016,195.31.
LONDON CLOSING STOCKS, Sept. 24.Con-
sols for money, 93 1-16 consols tor account,
93% Anaconda, 54 Atchison, 93 Atchison pfd,
104 Baltimore & Ohio, 113%, Canadian Pacific,
143% Chesapeake & Ohio, 53% Chicago. Mil
waukee & St. Paul, 19 DeBeers, deferred, 21%
Denver & Rio Grande, 47% Denver & Rio
Uiande pfd, 95% Erie, 39% Erie 1st pfd, 69
Eile 2d pfd. 34 Illinois Central, 172, Louis
ville &. Nashville, 153% Missouri, Kansas &
Texas, pfd, 69 New York Central, 64^ Norfolk &
Westeru, 74% Norfolk & Western pfd, 95,
Ontario & Western, 34% Pennsylvania, 84%
Rand Mines, 11% Reading. 35% Reading 1st
pfd, 44 Reading 2d pfd, 39 Southern Railway,
38% Southern Railway pfd, 98 Southern Pa
cific, 77% Union Pacific, 109% Union Pacific
pfd, 94 United States Steel, 41% United States
Steel pfd, 91% Wabash, 36 Wabash pfd, 51%
Spanish 4s, 86%. Bar silver, dull, 23%d per
ounce. Money, [email protected]% per cent. The rate of
discount in the open market for short bilsl Is [email protected]
3%d per cent. The rate of discount In the open
market for three months* btllB Is [email protected]% per
cent.
127 119
46 9 5%
65
104
91%
101% 110%
96% 65% 87 ..
140
52% 40% 75
31%
87 47% 91%
103% 117
22 40 79%
131
31% 72%
50 19%
220% 121%
175 170
47% 93 20%
32% 39% 08 54 60%
92
191% 196
98 90
135%
1 1%
46 83
20% 7 3%
36% 57% 64
121
150%
78%
132 134% 145 111 123 116%
32 63%
27% 19% 30 47
104%
20%
FINANCIAL GOSSIP
Twenty per cent money too much for the weak
holders of stocks.
Two million dollars loaned at 20 per cent
and some more at 23 per cent.
Exaggerated reports of President Roosevelt's
condition depressed the London stock market.
Edwards, Wood & Co. from New York: It is
about as we have expected and In line with our
advices to traders for the past week or ten days
This (money situation had to affect stocks ad
versely sooner or later. There are many stocks
now- forced below actual intilnslc worth by the
declines, and If a trader will buy the good
stocks on breaks and not extend his line too
much, there should be opportunity for profits,
but every trader should be conservative while
the present situation lasts.
v
GENERAL PRODUCE
NEW YORK)PRODUCE, Sept. 24Butter-
Receipts, 9,832 pkgs easier state dairy, 16%@
21 %c extra creamery, 22%c creamery, com
mon to choice, [email protected] CheeseReceipts, 2.261
pkgs market firm new state full cream, small
colored fancy and white. 11 %c large colored,
10%c large white, 10%c. EggsReceipts,
10.925 pkgs steady state and Pennsylvania,
average best. 23(^24 refrigerator, 18%@21c
western, candled, [email protected]
CHICAGO PRODUCE, Sept. 24.Butter-
Steady, unchanged, creameries, [email protected] dairies,
[email protected] EggsSteady, loss off cases returned,
20(a.20%c. Ghees'*Steady twins, 20%c dai
sies. 11 %c Young Americas, [email protected]%c. Iced
PoultrjSteady, unchanged turkeys, 13%c
chickens, [email protected]
53
115
90 34i 14% 79
5 3%
89% 4 3%
164% 104%
69
86%
76%
21% 78
201
81
"85
76 3 5%
42
Ti
BROOKS- GRIFFITHS CO
7 8
39 75% 38H 9 5%
66% 47%
129
29% 42%
123%l 125%
153% 106%
91%
152
14% 90
40%
131 106%
91
145
1 3%
89
89 34%
50%
240
98%
35%
50 %.
230
92
''I'MiiiiiiiiiiiiiifiriTnrtr^ririTtrTBiilfi-^fnTiilr
MIDWAY HORSE MARKET.
Minnesota Transfer. St. Paul, Minn.. Sept. 24.
Barrett & Zimmerman report more stock on the
market to-day than on any day for the past s K
month|S. Lumbermen from Wisconsin bought a
number of the heaviest superior quality horses
at prices ranging from $175 to $250 a head.
Prices on the more common grades were not as
high as at the opening of last week. Values :
Drafters, -extra $170 to $240
Drafters, choice 140 to 170
Drafters, common to good 120 to 140
Farm mares, extra 115 to 135
Farm mares, choice 90 to 115
GRAIN COMMISSION,
Room 30 Chamber Commerce,
Minneapolis, Minn.
Office*: Chicago, nilwxuke* and Duluth.
Have separate salesmen for Wheat, Coarse
Grains and seed, bence can give eaen de-
R1
artmeot peclal attention also a good man
the pit who gives the option business his
entire attention.
ConslgnmentSyOptlon Orders
and ^orrespondenoe solic
ited at all our offioes.
28 |
....1
40 28* Mfc
o J. ,. .. ,,,,.i in September, as compared with the same period
BOSTON,$2,335,8*1 _Sept. 24.Exchanges, $24,505,911 |
26 27%
ttd/i 19 28 MV4
Ob a 52
23 01% 40H 558% 53%
24.Clearings,
Money, 6 per
CATTLE VER Y SLO W
Receipts Almost Double the Number
Hogs Gain Five CentsReceipts Are
J. T. McMillan
Slimmer & Thomas . . 624
J. B. Fitzgerald ... 25
City butchers 16
Speculators 56
Country buyers . . - - 1.123
Orr Bros .....1,077 45
SEPTEMBER 24, 1902.
Expected, Running Princi-
pally to Feeders.
LightAverage Quality Much
Poorer Than Desired.
South St. Paul, Minn , Sept. 24.Estimated
receipts at the union stockyards to-dav. Cattle,
2,250 calves, 250 hogs, 1,400, sheep, S.uuo.
cais, 131. . ,
The following table shows the receipts from
Jan. 1, 1902, to date, us compared with the
same period In 1901:
Year. Cattle.Calves. Ho^s. Sheep. Horses Cais
1902 166.343 33,237 41S.509 261,772 6,118 11,70"
1901 96,030 28,978 36.J.564 12J.U8 12,316 U,Wf
Inc. 70,313 4,259 54,945 141,024 .. . . 3,897
Dec
The following table shows me receipts thus far
m ijjyi *
Year. Cattle.Calves. Hogs. Sheen. Horses. Cars.
1902 41,554 2,504 17,873 57,004 5(i.. 2 311
1901 16,449 l.ill 16,852 22,572 208 1,049
Inc. 25,107 1,293 1.021 34,432 295 1,204
Official receipts for the past week are as fol
lows:
Date. Cattle.Calves Hogs. Sheep. Horses. Cars.
Sept. Sept. Sept. Sept. Sept. Sept.
17 .
18 19
20 22 .
23
. . 714
. . 592
. . 607
. , 443
..7,692 . .2,769
Railroads entering the yards reported receipts
for the day by loads as follows: Chicago flieat I
Western. 2 Chicago, Milwaukee & St. Paul. 6
Minneapolis & St. Louis, 10, Chicago, St Paul
Minneapolis & Omaha, 14, Great Northern, 46,
Northern Pacific, 49 Chicago, Burlington Jc
Quincy, 4 total, 131.
Disposition of stock Thursday, Sept. 21:
Firm. Cattle. Hogs. Sheep.
Swift & Co 670 1,341 1,120
W. E. McCormlck ... 7
W. G. Bronson 2
King Bros 18
Haas Bros
Totals 2,439
CATTLEReceipts were almost double the
number expected. Considerable western stuff,
running largely to feeders. Included. Butcher
cattle steady nothing good on sale. Western
feeders steadv. Native feeders, unless choice,
slow and weak. Stock cattle very slow. Even
the best are only fair sale, while the common
stuff is almost unsalable. Sales:
Butcher Steers1, 1,030 lbs, $4.25 1, 1,040
lbs, $3.50.
Butcher Cows and Heifers1, 1,100 lbs, $3.50
2, 1,010 lbs, $3.10 1, 960 lbs, $2.75 6, 890 lbs,
$3.25 1, 770 lbs, $3 2, 990 lbs, $3 85.
Cutters and Canners3, 910 lbs. $2 65 25,
872 lbs, $2.25 2. 893 lbs, $2.50 1, 930 lbs, $2 40
3, 957 lbs, $1.75 2, 820 lbs, $2.
Butcher Bullsl, 1,500 lbs, $3 1 ,1,480 lbs,
$2.80.
Veal Calves1, 110 lbs, $5.75 1, 210 lbs, $4
1, 120 lbs, $5 3, 223 lbs, $3.
Stock and Feeding Steeis8, 950 lbs, $3.35
9. 874 lbs, $3.10 4. 530 lbs, $2 50 13. 1,079
lbs, $3 85 16, 850 lbs, $3.15 30, 663 lbs, $3
2, 450 lbs. $2.
Stock Cows and Heifers5, 514 lbs, $2 60
1, 740 lbs, $2 30 3, 553 lbs, $2.50 6, 563 lbs,
$2 40.
Stock and Feeding Bulls9, 1,006 lbs, $2.45
1, 1,220 lbs, $2 90.
Milch Cows and Springers1 cow, $o0 1 cow
and 1 calf, $42 1 cow and 1 calf, $20, 1 cow,
$17.
HOGSPrices 5 cents higher. Receipts light.
Average quality not so good by 5 cents
Tuesday's drove. Price ranjfe $7
[email protected] rough sorts, $6.75.
Hogs21, 275 lbs, $7.40 36, 207 lbs. $7.55
19, 256 lbs, 7.65 49, 202 lbs, $7.30 55, 299 lbs
$7.50 48, 220 lbs, $7.60 18, 201 lbs, $7.70 30,
273 lbs, $7.35. _^ _
Pigs apd Underweights3, 147 lbs, $0.o0 0,
108 lbs, $6 7, 110 lbs, $6.25 2, 115 lbs, $6.
Stags and Boars1, 600 lbs, $6.25.
SHEEPReceipts liberal but only a small
part on sale here. Good sheep and lambs
steady and active, others a little slow.
Killing Sheep and Lambs12 lambs. S6 lbs,
$4.50 118 lambs, 70 lbs, $4.75 35 lambs, 80 lbs,
$4.75 15 lambs, 70 lbs, $4 12 ewes, 117 lbs,
$3 13 ewes, 120 lbs, $2.50.
Stock and Feeding Sheep and Lambs8
lambs, 57 lbs, $3.90 15 lambs, 64 lbs, $3 60
19 lambs. 71 lbs, $3.25 5 ewes, So-lbs, $2.60
25 ewes, 93 lbs. $2 50.
Among the shippers on the market were: Col
well Brothers. Beardsley, F . M. Haight, Morris,
D. F . McDermott, Clontar, J. E. Hogan, Ben
son Powell & Dizotell, Belllngham J. Rand
gard & Co , Danvers C. II. Cox, Kerkhoven M.
Condon, Clara City. V. T. Peterson, Atwater.
Brown & 5an, M. Quiraen, Litchfield, Bank of
Dassel, Dassel A. C. Russell, Lamoure: Monson
Brothers, Vlnnlng K Pederson, Underwood,
J. Sandberg, H. Schoener, B . Schw inters,
Freeport Auer & Abraham, Albany, J. W. Vogt.
Melrose C. W. Faust, Long Prairie C. H. Cleve
land, Bethel Yale & Swauson, Tagus, A. We
berg, Edmore T. Spelhnan, Buford L. B .
Gannons. Sheven, J. Baril, Red Lake Falls O
J. Quain, O. R. Signalness, Starbuc*. Haw ley
Brothers, Burtmau. J. N. Harris. St. Cloud
H. Kaye, Maiden Rock Live Stock company.
Maiden Rock M. Klnsell, Thlelman & Millvlll,
F. Johnson, Cokato Riley Brothers, Ellsworth.
CHICAGO LIVE STOCK, Sept. 24Cattle-
Receipts, 18,000, Including 300 Texaus, 3,500
westerns best steady, otheis slow Good to
prime steers. [email protected] 75 poor to medium, [email protected]
7 stockers and feeders, [email protected] 25 cows, $1 50
@4.75, heifers, [email protected] canners, $1 50
2.50 bulls. $2 [email protected] calves, [email protected]
Texas fed steers, [email protected] 50 western steers, $3 70
@6. HogsReceipts to-day 15,000, to-morrow
20,000, left over 2,813 market [email protected] higher
mixed and butchers, $7.40 @8 good to choice
heavy, [email protected] 05 rough heavy, [email protected]
light, [email protected] 90 bulk of sales, [email protected]
SheepReceipts, 18,000 sheep and lambs steady
good to choice wethers, [email protected] fair to choice
mixed, $2 30(g3.50 western sheep, $2 [email protected]
native lambs. [email protected] western lambs, [email protected]
5 30. Official yesterday: Receipts cattle, 8,097
hogs, 13,274 sheep, 24,155. Shipments cattle,
3,643 hogs, 644 sheep, 4,407.
SIOUX CITY LIVE STOCK, Sept. 24.Cattle,
1,300 hogs, 1,200. Hogs. 10c higher. Sales
63 hogs, 276 lbs, $7.40 58. 263 lbs, $7.50, 49,
263 lbs, $7.00 48, 243 lbs. $7.65.
CattleStockers slow, steady killers steady.
Sales: 11 beeves, 1.190 lbs, $6.50 22 cows, 049
lbs, $2.80 11 cows, 960 lbs, $3.00 10 cows, 1.009
lbs, $3.50 5 cows, 1.180 lbs, $4.00 28 yearlings,
415 lbs, $3.25 60 yearlings, 667 lbs, $3.60 4
yearlings. 387 lbs. $4.00 14 stockers and feed
ers, 874 lbs, $3.60 26 stockers and feeders. 1.041
lbs, $4.00 11 stockers and feeders. 1,167 lbs,
$4.50 6 stockers and feeders, 1,180 lbs, $4.75.
ST. LOUIS LIVE STOCK, Sept. "24 Cattle
Receipts, 8.000 steady, beef steers, $4Co7.45.
stockers and feeders, [email protected] cows and
heifers, $2 [email protected] Texans, $2 [email protected]
HogsReceipts, 5,500 3c higher, pigs, $7 15
(9)7.50 packers. [email protected] butchers, $8.60(&)
8.05.
SheepReceipts 2,000 strong sheep, $3 40
4.25 lambs, [email protected]
Dela-
KANSAS CITY LIVE STOCK, Sept 24 Cat
tleRece1ott, 15,000, steady hut 6low beet
steers, $3.45ft?8: Texans, $3 20ftr3.75, cows and
heifers, $1.50(54.50 stockers and feeders, $2.75
@5.
HogsReceipts, 6,000 strong to 5c higher,
heavy, $7 60(^7.70 packers, $7.61(27.67^ me
dium, $7.6t?77.70 yoikers, [email protected] pigs,
[email protected]
SheepReceipts, 10,000 strong sheep, $3.13
@4 lambs, [email protected] 20.
OMAHA LIVE STOCK, Sept. 24.CattleRe-
ceipts, 8,000 active, steady: beef steers. $4.75
^8.35: cons and heifers. [email protected] Tetans,
$3.304.75, canners, $1.75 (7 3 stockers and
feeders, $2.50?io.l
HogsReceipts, 2.700: [email protected] higher: heav j.
$7.50ja)7.7i mixed, 7.00('7.70 pigs, $6fE7.."50
SheepReceipts,' 3,000 steady jearlings,
$3 60(^3.90 lambs, [email protected]
J . F . WHALLON,
GEO. P . CASE,
WlHi!i0n,a$e&.
STOCKS, GRAIN, PROVISIONS.
EMBERS-} Chloego Board of Trade?
1 BRpls. Chsmb9rGcmmeroi
Private Wlro to New York and Chicago,
U CHAMBER
OF COMMKKOa
WOOD WA AU1 D & CO.
,tra GRAIN COM MISSION **
BRAJfCIIESChicago and Milwaukee. Orders fox future delivery executed In all
RANDALL, GEE & CO.
MINNEAPOLIS
Grain sold on 'Change in Minneapolis and Duluth exclusively by ourselves. -'We employ no
salestnan, thereby giving our own special attention to consignments. W e solicit option
business.
10.1
0o 17
4
184
441
( Now York Stock Exohanao
6,198
1,014
967 961 217 9.14
1,605
1.2(1-}
2S4
3,051 3.425 3,602 1,432
1,54: 5
25 24 67
1.760 2.370
r,n^'
GE O. a BAGLEY.
CHAb. M. OAaS-
Up-Town Office,
GLOBE liUiLDINO,
= ESTBLISHES 873
GRAIN COMMISSION
PRIVATE WIRES
Chicago ^ New Vork
^ Gbas. E. Lewis & Co. *\'|
CHAMBER O F COMMERCE,
MINNEAPOLIS.
Members of all Princip al Ex
changes. New York and
Chicago Correspondents,
Harris, Gates & Co.,
' Bartlett, Frazier
& Co.
Fargo Dulath
Wm. Bslrystiplg,
GRAI N (MIISS1IN
Receiving a Specialty. Advances made to Farm
ers, bhippeis and Elevator Companies.
,.T. S!3WL & SONS
40
4')
52
36
1 372
1.18
ESTABLISHED 1884.
J
fie rubers Chicago Board of Trade anJ
. iuneapoli 3 Chamber of Commerce.
Orders Execut ed in ail Markets.
'Phone. N. W. 634. i onslgnments solicited.
AIM MINE VRLUHTION CO.
HtlHlKG EKGIttEIRS.
SPOKANE, WASH., U. S. A.
Will report on the commercial value of
any MINE or MINING stock. "We have
reliable connections established in the
mining districts enabling us to furnish a
correct report at LOW COST on any mine
or mining stock in U . S., Mexico or B . C.
Correspondence invited.
REFERENCES:
The Chemical National Bank, New York.
The Anglo-California Bank, Lt., San
Francisco
Traders National Bank, Spokane, Wash.
Qrain Commission,
5 Chamber of Commerce,
Minneapolis - - - - - - - Minnesota
N. W. TELEPHONEMAIN 1897 J.
Liberal advances on consignments. Orders for
future delivery carefully executed.
Write for Booklet and Daily Market Letter.
NEW YORK PROVISIONS Sept. 24.Beef-
Steady. PorkFirm. LardNominal prima
western steam, $11.50.
CHICAGO PROVISIONS, Sept. 24 Provision*
were strong, with moderate trading. Higher pri
ces at the yards continued to exert a strengthen
ing influence. January pork opened 5c higher, at
$15 25, lard and ribs were 2%c higher, opening
at $8.63 and $S 05 -espectively.
Close: PorkSeptember, $16.80 December,
$15.25: January. $15 35 May, $14.37%.
LardSeptember, J
K "
1
Uas
c
J7.70 , bulks,
Docomber, $9.03. January, $8.77Vi, May, $8 17%
November, $9 40.
RibsSeptember, $11.50 October, $11.10, Jan
uary, $S 15 May, $7 80
LIVERPOOL PROVISIONS, Sept. 24Bacon.
Cumberland cut, strong, 60s clear bellies,
strong, 66s. Lard, prim western, firm, 53s
American lefined, firm. 56s Cheese, American
finest white, firm, 48s 6d American finest colored
firm, 49s 6d.
TommyThis paper saj
501 Board of Trade,
Duluth.
PROVISIONS
1 1.70: October $10 07%
FROM EXPERIENCE.
Chicago News.
cigarettes it changes your complexion.
WillieThat's rightI am always tanned
when I get caught smoking them.
POETIC JUSTICE.
"Washington Star.
"Are you a believer in poetic justice?"
asked the critic.
" I am," answered, thp foreign author
"at least to the extent of hoping that the
laws will see to it that we get the money
coming to us for royalties."
FAR FROM BROADWAY.
Indianapolis Sun.
"Your honor." said the fair young .wom
an, with intensity, "when I crossed the
street these four men gazed with open ad
miration at my ankles, causing me much
embarrassment. I'm only a poor girl
a ballet dancer, your honorbut. no mat
ter how poor, I think I should receive the
protection of the law from such insults."
Brokers In Grain. Provision*,
Stocks and Bonds,
Members N. Y. Stock Exchange
Chicago CorrespondentsJ. H. Wrenn 81 Co.
Private'wlre Chicago and NewYork. Tel 906 Mala
95 Ghanther of Ooinmeroem
SHIP YOUR GRAIN TO
JOSEPH H. MARTEN,
(Formerly of Mart in ft Wym&n).
25 Chamber of Commerce,
Careful attention given to shipments and -
cutlon of orders for future delivery.
Minneapolis, St. Paul, Duluth.
Minneapolis, Minn.
Grains, Stocks, Provisions
Bought and sold in all markets for cash or
on reasonable margins.
riembers of All Principal Exchanges,
Private Wires.
Wrlto for our daily market letter and pri
vate telegraph ciphermailed free.
Your QraiRtt Us.
Best Facilities. Liberal Advances.
Prompt Returns.
8 Chamber of Commerce
312 Guaranty Loan Balldlnj,
MINNEAPOLIS.
MMBlMi ^tmm^^mtBB^ttmmm
_ 901 Cham, oi
90s 9 Com..Mpls.
r s if you smoke
mW-*T
DULUTH
.
1
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