The Minneapolis journal. [volume], December 19, 1905, Page 12, Image 12

About The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939

Image provided by: Minnesota Historical Society; Saint Paul, MN

                
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Every Scrap of News Today of a
Nature to Depress the
Market.
Yet the Market Turns Strong and
Sells Up Quickly a Full
Cent.
Too Many Were Waiting to Get
Some CJieap WheatNews
of the Day.
Minneapolis Chamber of Commerce, Dec. 19.
Just how it was tUat wheat did not decline a
cent or more after the opening today was a
thing the bears In the market could not fathom.
It would be putting it mildlj indeed to say
that the news that came'to hand wab bearish,
for it was more than that. Not a single good
Item appeared on which an ordinary trader would
buy and there were a dozen or more of a nature
to'scare out holders of long stuff and to encour
age ahort selling. Liverpool was %@l lower.
Bains weie reported in the Puujaub, India,
where needed. Wlntei wheat reports were favor
able and the Broomhall crop nummary showed
European crops In satisfactory condition on the
whole, altho some minor things of an unfavor
able nature weie noted. The Northwestern Mil
ler had a direct Argentine cable saying that
~J
the harvest is progiesslng rapidly, and every
'thing indicates that a good crop will he se
cured. With this the primary movement snowed
tip heavier than expected. Minneapolis getting
the big end or 045 cars against 453. About 13o
cars of this wheat really came iu late yesterday
and was not Inspected until today. Still this
made no difference in the depressing effect of the
comparison. Minneapolis stocks also increased
600,000 bn for thiee days, which late of accum
ulation if continued thruout will give the larg
est gain in Satuiday's report of any week so
far this season. The flour shipments fell to
only 33 224 barrels, the smallest for months,
nnd talk went around that the mills may close
next week. The beats have had the natural
advantages alwajs accruing to their side when
extreme dullness is on. and the stagnation in
the pit helped nil thru the decline from 88c
for May to 84"^ 85c, the point reached early
today. The bulls have looked for returning
activity to help thorn out, but the market is
likely to be quiet for some time yet, as the
Christmas holiday is now so close at hand.
There will be little foreign influence upon
prices for the present, foi Liverpool will be
closed for the four days from the 23d to the
28th Inclusive, and Paris will close on the 25th
and 20th.
Receipts at other markets showed much vari
ation. Winnipeg got a big excess, or 645 cars
against 344 Duluth received only 185 against
.*U7, Chicago 30 against 2o. St. Louis got 43.000
bu compared with 6",000 and the Kansas City
comparison was 160,000 bu and 57,000.
Cash demand was not so brisk. No. 1 north
ern sold at \%o under May.
Bnidstreet's report made the world vlsiwe
supply increase by 1,366,000 bu, there being an
increase of 4 066.000 bu in the quantity east
of the Rockies and a decrease of 2.600,000 bu in
Europe and afloat.
Poehler says "The situation is unchanged,
and the declining tendency is due wholly to
the usual holiday dullness. Longs, Instead of
supporting the market, sell out with the ex
pectation of being able to bnj again on a de
cline while the shorts are encouraged in increas
ing their lines. As the situation is unchanged,
tome fine morning everybody will want some
Mav wheat, and then the period of dullness and
declining markets will be forgotten in a day.
The market made a sharp turn just before the
-lo= and l.in un i cent vci\ .piiikh -\\oodworth
bought a couple of big lots and started the
fehortR covering. The market went up as much in
an hour as it had gone down in two whole days
of nressure. Ihere were apparently too many
waf'ing to get 'n at 85c for May to make it
po-s'bl to hold the price down very long.
Clearances today, 220 000 bu.
E. J. Murnby, traveling auditor for the Cum
mings Commission company, who has been thru
the northwest during the past two weeks, reports
that he finds a very large percentage of the crop
has been sold by first hands. This is especially
true in Minnesota, North Dakota and Canada.
He also says that northwest receipts will show
material falling off immediately after the
first of the vear. Farmers who have their wheat
left will not sell at the present level of prices.
THE FLOUR MARKET
SHIPMENTS LIGHTHOLIDAY DULLNESS
PRICES DECLINE LITTLE.
Flour prices have shown stability against re
ent recessions in wheat, and, altho the rawNo.
material was off again today, there was no
changing of the flonr list. The tone is naturally
weaker and orders are not large. The mills will
close before Christmas, some tomorrow and some
on Saturday, and will remain down until the
Tuesday following.
Shipments, 33,224 barrels
First patents are quotable at $4.60(54.70 sec
nnd patents. $4 r0gr 60 first clears, $3.65(9
3 75 second clears, $2 45J 55.
THE CASH TRADE
TLAX LOWER TO CLOSECORN AND R.YE
CLOSED FIRMER.
FLAXReceipts, 53 cars, against 28 cars last
year shipments, 7 cars. Duluth, 76 cais. Clos
ing prices. Minneapolis, cash, $1.03% to arrive,
$1.03%.
OATSNo. 3 white closed at 29%c. Receipts,
59 cars shipments, 30 cars.
CORNNo. 8 yellow, new, closed at 88% c.
Receipts. 10 cars, shipments, 3 cars.
FEED AND COARSE MEAL Coarse
corn meal and cracked coin in sacks, sacks ex
tra, $15.75@16.50 No. 1 ground feed. 2-8 corn
and 1-8 oats, 80-lb sacks, sacks extra, $lt
16 25 No. 2 ground feed, corn and oats,
80-lb sacks, sacks extra, $16.25@16.50 No. 3
ground feed, 1-3 corn and 2-3 oats, 70-lb sacks,
sacks extra, $16.50@16.73.
MILLSTTJFFSBran in bulk, $18.50(318.75
shorts, $13.50@13.75 middlings, $16@16.25: red
dog, $18 all In Minneapolis in 200-lb
backs, $1 le ton additional, in 100-lb sacks,
$1.60 per ton additional. Shipments, 1,034 tons.
RYE No. 2 closed at 593/i@ei%.c.
12 Tuesday Evening-,
Receipts,
8 cars shipments, 2 cars.
BARLEYFeed grades closed at 80@37c
malting grades, S8@47c. Receipts, 55 cars
shipments. 7 care.
HAYChoice timothy, $10 10.50 No. 2 tim
othy, $8@8.50 No. 3 timothy, $7@8 choice
upland, $9@fl.50 wheat and oat straw,
Receipts, 450 tons.
No. No, No
CASH SALES REPORTED TODAY.
1 hard wheat. 24 oars $0.84
1 hard wheat, 4 cars 84%
1 hard wheat. 4 cars 83%
No. 1 northern wheat, 24 cars 83%
No. 1 northern wheat. 70 cars 83%
No. 1 northern wheat. 1 car 83
No. 1 northern wheat. 8 cars 83%
No. 1 northern wheat, 1 oar 83*i
No. 1 northern wheat. 2 cars, to arrive .83%
No. 1 nortLern wheat, 16,000 bu, to arrive .83%
No 1 nartlern wheat, 1,200 bu, to arrive .8U
No. 1 northern wheat, 8,0000 bu, to arrive .83%
No. 1 northern wheat, 5,000 bu, to arrive .83%
Ko. 1 northern wheat, 2,700 bu, to arrive .83%
Bo. 2 noithern wheat. 25 cars 81
No. 2 northern wheat. 27 cars 81
No. 2 northern wheat. 6 oars 81%
No. 2 northern wheat. 5 cars 81%
No. 2 northern wheat. 1 car 81
No. 2 northern wheat. 2.000 bu, to arrive .^1
No. 3 wheat. 22 cars 78
No. 8 wheat, 24 oars 79
No. 3 wheat. 9 cars 79%
No. 3 wheat, 11 cars 78%
No. 3 wheat, 1 car, smutty, soft 78
No. 3 wheat, 1 car, soft 77
No. 3 wheat, 7 car* 78%
No. 3 wheat, 13 cars 79%
No. 3 wheat. 3 cars, choice 80%
No. 3 wheat, 3 enrs choice 80%
No. 3 wheat, 1 car. soft, cockel 76
No. 4 wheat. cars 78
No. 4wheat. 20 cars 75
No. 4 wheat, 5 cars 77
No. 4 wheat, 1 car 78%
No. 4 wheat, I car. choice, smutty 81
No. 4 wheat, 7 cars 7S
No. 4 heat, 3 oars 73
No. 4 wheat, 7 ears 74
No. 4 wheat, 1 car 73
No. 4 wheat, 1 car 74%
Rejected wheat, 1 car, smut 68
Rejected wheat, 1 car 75
Rejected wheat, 2 cars 74
Rejected wheat, 1 ear 78
Rejected heut, 1 car 77
No grade wheat, 1 car 79%
No grade wheat, 1 car 73
No. 3 yellow corn, 1 car 39
No. 3 yellow corn, 1 car 39%
No. 3 yellow corn, 1 can. transit 40
No. 3 corn," 2 cars 37%
No. 4 corn, 4 cars 371^
No. 4 corn. I oar 37
No. 4 corn, cars, yellow 37%
No. 2 rye. 3 cars 62
No. 2 white oats, 1 car 29^
No. 3 white oats, 19 cars 29%
No. 3 white oats. 1 ear. to arrive 29%
Remarkable Stubbornness of Wheat^Prices
Open. High.
Dec... $ .81% $ -82&
May... .85 .86%
Minneapolis Oats
May... .29% .29%
Z^ziE
No. 4 white oats, 14 cam
No. 4 wMte oats. 1 ear
No. 8 oats, 5 cars
No. 4 barley, 2 cars
No. 4 barley, part car
No. 4 barley. 3 cars
No. 4 barley, 1 car
No. 4 barley, 1 car
No. 4 barley, 1 car
RANGE OF WHEAT PRICE IN MINNEAPOLIS
TODAY'S RANGE IN WHEAT
Minneapolis Options.
STATE GRAIN INSPECTION. DEC. 18.
Inspected InWheatCarsGreat Northern
No. 1 hard, 30 No. 1 northern, 115 No. 2 north
ern, 130 No. 3, 122 No. 4, 39 rejected, 1
no grade, 9.
Chicago, Milwaukee & St. PaulNo. 1 hard,
1 No. 1 northern, 17 No. 2 northern. 82 No. 3,
12 No. 4, 41 rejected. 19 no grade, 1.
Minneapolis & St. LouisNo. 1 northern. 14
No. 2 northern, 7 No. 3, 3 No. 4, 8.
Soo bineNo. 1 hard, 7 No. 1 northern, 34
No. 2 northern, 40 No. 3, 5 No. 4, 4 re
jected, 5.
Northern PacificNo. 1 hard. 12 No. 1 north
ern, 30 No. 2 northern. 36 No. 3, 56 No. 4,
9 rejected, 10: no grade. 5.
Chicago, St. Paul, Minneapolis & OmahaNo.
1 northern, 5 No. 2 northern, 13 No. 8, 12
No 4, 4 rejected, 2.
TotalNo. 1 har*, 50 No. 1 northern, 215
No. 2 northern, 258: No 3, 250: No. 4. 100
rejected, 47: no grade, 15.
Other GrainsCarsNo. 1 durum wheat. 1
No. 2 durum wheat, 25 No. 3 durum wheat, 19
No. 4 durum wheat, 18 mixed wheat, 5 No. 3
yellow corn, 8 No. 8 white corn, 1 No. 3 corn,
2 No. 4 corn, 29 no grade corn, 24 No. 2
white oats, 9 No. 3 white oats, 52 No. 4 white
oats, 60 No. 3 oats, 43 no grade oats, 3
No. 2 rye, 13 No. 3, rye, 3 no grade rye. 2
No. 3 barley, 1 No 4 barley, 25 No. 1 feed
barlev, 45 No. 2 feed barley, 89 no grade feed
1 arley, 7: No. 1 northwestern flax, 40 No. 1
flax, 28 '.-ejected flax, 3 no grade flax. 2.
Cars Inspected OutNo. 2 durum wheat, 1
No. 3 durum wheat. 10 No. 4 durum wheat, 1
No. 1 northern wh*at, 19 No. 2 northern wheat,
6- No. 3 wheat, 4 No. 4 wheat. 1: rejected
wheat, 8 No. 2 winter wheat, 1 mixed wheat,
4 No. S white oats, 23: No. 4 white oats, 6
No. 8 oats, 7 No. 3 barley. 1 No 4 barley, 4
No. 2 feed barley, 1 No. 2 rye, 2 No. 8 rye,
1 No. 1* northwestern flax, 1 No. 3C flax, 17.
DAILY WHEAT MOVEMENT.
The following are the receipts and shipments
at the principal primary wheat markets:
Receipts, Shipments
Give us orders to sell to arrive on the bulges
Close
Today.
$ .82%
.86@86%
Low.
$ .81%
-84%
.29%%
-28% .29
28V* .44
.42
.45 .40% .41% .43 .40 .41
.40 .37% .39
.87 .40%
,.38
.88 .87
.36
No. 4 barley, 1 car
No. 4 barley, 8 care
No. 4 barley, 1 car
No. 1 feed barley, 1 ear
No. 1 feed barley, 1 car
No. 1 feed barley, 3 cars
No. 1 feed barley, 1 car
No. 1 feed barley, 1 car, choice
No. 2 feed barley, 9 cars
No. 2 feed barley. 1 car
No. 2 feed barley, 1 car
No grade barley, 2 cars
No. 1 flaxseed, 1 car 1.05%
No. 1 flaxseed, 2 cars J.05
No. 1 flaxseed, part car 1.04%
No. 1 flaxseed, 1 car 1.05%
No. 1 flaxseed, 1,200 bu to arrive 1.05
No. 1 flaxseed, 8,000 bu to arrive 1.04%
No. 1 flaxseed, 1,000 bu to arrive 1.05%
No. 1 flaxseed, 6,000 bu to arrive 1.05%
No. 1 flaxseed, 3,500 bu to arrive 1.05%
No. 1 durum wheat, 1 car 74
No. 1 durum wheat, 900 bu to arrive 78
No. 2 durum wheat, 7 cars 71
2 durum wheat, 8 cars 70
No. 2 durum wheat, part car 71
No grade durum wheat, 1 car 63
No. 1 durum wheat, 2 cars 78
No. 3 durum wheat, 1 car 67%
No. 4 durum wheat, 1 car 67
No. 4 durum wheat, 1 car 66
No. 4 durum, wheat, 1 car .65
No. 3 durum wheat, 1 car 68
PUTS AN CALLS.
2 p.m. report:
PutsMay wheat, 85%c.
CallsMay wheat.
CurbMay wheat, 86% c.
Bushels
New York 113.000
Philadelphia 46.931
Baltimore 17,52o
Toledo 13.000
Detroit 888
St. Louis 43,000
Chicago 34,000
Milwaukee 47.520
Diduth 74.690
Minneapolis 651.450
Kansas City 39.000
Close.
CLOSING CASH PRICES
On TrackNo. 1 hard, 84%e No. 1 northern, 84%c No. 2 northern, 81%c No 8
wheat, 78@79c durum, 71@74c No. 3 white oats,-29%c No. 2 rye, 59%@61%c No. 1
northern to arrive, S4%c No. 2 northern to arrive, 81%c No. 1, flax, $1.03% ,No^ 3
yellow corn, 38%c barley, 86c to 47a.
Bushels.
114,601
40,000
676
65,000 30,346
5 250
1,477
77.760
24,000
RECEIPTS AND SHIPMENTS, DEC. 18.
ReceivedWheat, 645 Cars, 051,450 bu corn,
18.050 bu: oats. 98,530 bu barley, 61.050 bu
lye. 2,640 bu flax, 58,830 bu flour. 800 brls
mlllstuffs, 80 tons hav, 450 tons linseed oil,
80.000 lbs car lots, 889.
ShippedWheat. 81 cars, 77.760 bu, corn, 2,640
bu oats, 47,700 bu barley. 7 840 bu rye, 1,740
bu. flax, 0,100 bu flour, 22,224 brls millstuffs,
1,034 tons, hay, 10 tons linseed oil. 120,000 lbs
oil cake, 1,562,000 lbs car lots, 374.
WHEAT MOVEMENT ROADS, DEC. 18.
ReceivedOarsMilwaukee, ."9 Omaha-, 11
SCt Louis, 5 Great Northern. 331 Northern Pa
ciflic, 182 Soo Line, 50 Chicago, Rock Island
& Pacific, 7.
ShippedCarsMilwaukee, 21: St. Louis. 6
Wisconsin Central 1 Great Northern, 2 Chi
cago, Burlington & Quincy. 47 Chic.-igo, Rock
Island & Pacific, 4.
Berlin wheat closed %c lower.
Budapest wheat closed unchanged.
Board of Trade interests were not directly
affected by the Wal i bank failure, and thethe
most wealthy and conservative interests on
change could see no reason for direct effect on
grain or provision values.
Close.
Yesterday. Tear Ago.
$1.08%
1.12%
.85%
.29%
THE DAY'S REPORTS
.29%
Dec. Wheat
Close. Close.
Today. Yesterday.
Minneapolis i...* -82% $ .81%%
Chicago 84% .83%
Duluth 83% .82
St. Louis 83% .82%
Kansas City 78% .78%.
New York 95% .94%
Winnipeg 75% ,75%
May Wheat
Close. Close
Today. Yesterday.
$ .86@8B% $ .85%
.88% -87%@%
.86 .85
.87%% .86%
80%% .79%
.92% .91%
.79% .79%
GHIGAGO GRAIN
WHEAT MARKET HELD STEADY DESPITE
DECLINE I N LIVERPOOL.
Chicago, Dec. 19.Unsettled weather thruout
the United States held the local wheat market
steady today notwithstanding a sharp decline at
Liverpool. A report from Minneapolis declared
that the poor condition of country roads was to a
large extent responsible for the small move
ment. The weakness at Liverpool was aaid to be
due to reports that the drought In India had been
broken. There was fair demand from commission
houses, but offerings were small. May opened
%@%c lower to a shade higher at 87%@87%c
and advanced to 87%@87%c. Minneapolis, Du
luth and Chicago repotted receipts of 860 cars
against 556 cars last week and 808 care one
year ago.
Thd market became strong late In the session
on buvlng due to reports of excellent export
trade at the seaboard. The high point for May
w.is reached at 88%c. The close was btrong witn
prices at practically the highest point of the
day. The last quotation showed May up l@l%c
Cash* wheat, No. 2 red. 87%@88%c No 3
red, 8687c No. 2 hard. 84%(8oftc No.
hard, 80@84e No. 1 northern, 86V*@87%c
No. 2 northern, 84%@87%c No. 3 spring, 82%
Cash corn, No. 2, 40@49%o No. 3, 43@48%c.
CloseWheat, December, 84%c May,
88%c.Id
The feature of trading In corn was active sell
ing of the December option. Offerings came
largely from pit traders, who were Influenced
by a liberal Increase ih local stocks. A a re
sult of this seUing the price of December de
clined %c. Other deliveries were steady. May
opened unchanged to a shade higher, at 44@44%e
to 44%c and sold np to 44%c. Local receipts
were 713 cars with 10 of contract grade.
A considerable amount of covering by shorts
resulted in a stronger tone to the late part
of the session. The close was strong with May
up at 44%c, which was the highest point
CloseCorn, December, 45%e old, 50c May,
44%c
A considerable decrease in local stocks for
the week steadied the oats market. Local trad
ers bought moderately. May opened a shade low
er to a shade higher at 81%@32c and sold at
32% c. Local receipts were 804 care.
Cash oats, No. 2, 81c: No. 8, 30o.
CloBeOats, December, 80%@81c May, 82%e.
The following was the range of prices:
Wheat Dec. May. July.
OpentaS 84 87%@% 82%%
Highest 84% 88%
lowest 84 87%
Close
Today 84%
Yesterday 83%
Year agj 1.01%
Corn
Opening 48@48%
Highest 50%
Lowest 48
Close
Today 40
Yesterday 48%
Year ago 45%
Oats
Opening 30
Highest 81
Lowest 30%
Close
Today 80%@R1
Yesterday 30%
Year ago 20%
84 82%
88% 87%@%
83%@84 82%
98% 1.10%
44% 44% 44%
544% ?44% 44% 45%
31%@S2 80%
32% 80%
81% 30%
631%
Chicago Dec. 19.The Board of Trade direct
ors held an executive session to consider the
pri\ilege trading. They will likely withdraw the
use of the smokiug room to privilege traders in
the near future. Tw more houses announced
their withdrawal from the privilege trade here
today.
OTHER GRAIN MARKETS
DULUTH GRAIN, Dec. 19.The flax market
monopolized all attention today, and there was
a severe decline due to the weakness snoWn
in foreign markets. Prices were oft at the
opening and continued downward with a rush.
Selling orders were thick and buying orders
few. May opened %c off at $1.08% and fell to
$1.06%. it rallied to $1.07% and closed at
il.07, a loss of 2%c. December fell 2%o to
$1.03% and closed at $1.08%. July fell 2%c
to $1.08. Wheat was inactive during most of
the morning, but turned brisker toward the close.
May opened unchanged at 85c and rallied to
85%c In the first half hour. It held steady then
until after the noon hour, when it started up
ward and closed up at 86c. the top price.
December advanced l% to 83%c.
doseWheat, to arrive. No. 1 northern, 84c
No. 2 northern. 82c on track. No. 1 northern,
84c- No. 2 northern, 82c December, 83%c
May, 86c No. 1 durum, 74c No 2, 71%c.
Oats, to arrive. 29%c on track. 29%c. Fhvc.
to arrive, $1.03% on track, $1.03% December,
$1.03%, May, $1.07 July, $1.08. Rye, 61c
barley, 85@45c. Cars Inspected: Wheat, 185
last vear, 317 oats, 46 rye, 1 barley, 26:
flax 67 last year, 134. Receipts: Wheat, 74,890
bu oats, 45,181 barley, 1.0,429 rye, 4,001 flax,
65,092. Shipments: Wheat, 1,477 bu.
NEW YORK FLOUR AND GRAIN, Dec. 19.
Flour, receipts, 32.010 bu sales, 650 dull
and unchanged. Wheat, receipts, 113,000 bu
sales, 700,000 bu. Altho easier at the start in
view of weak cables, wheat met good buying
from shorts and recovered In the first half hour.
Bull support was also In evidence. December,
98%@94%c May. 91%@92c. Rye, nominal No.
2 western 75c 1 New York. Corn, receipts,
80 025 sales, 5,000: firm on covering of De
cember and with wheat. December. 6@56%c.
doseWheat, December, 95%c May, 9^%c.
Corn, December, 56%c May, 50%c.
MILWAUKEE FLOUR AN GRAIN, Dec. 1G.13,700
Flour, dull. Wheat, firmer No. 1 northern,
87^880 No. 2 northern, 83%@85c May, 88%c
bid puts, 88c asked: calls, 89c. Rye firmer
No. 1, 68%@69c. Barley, dull No. 2, 54%
ffi55c sample, 88@Mc. Oats, firm standard,
32%c. Corn, strong May, 44%c asked puts,
44%c asked calls, 44%c asked.
WINNIPEG GRAIN, Dec. 19.December
wheat opened 75c, closed 75%c January, 75c,
closed ToV2c May 79%c, closed 79%C July
80%c, closed 81%c. Cash close: No. 1 hard,
76%c No. 1 northern, 75%c No. 2 northern,
72% No. 3 northern, 71c No. 2 white oats.
31c N 3 barley, 35c No. 1 flax, 98c. Receipts
wheat, 545 cars last year, 344.
LIVERPOOL GRAIN, Dec. 19.Wheat, spot,
steadv- No. 2 red western winter, 6s 7d futures,
steady December, 6s 10%d March, 6s 11%J
May 6s 10%d. Corn, spot, quiet American
mixed, new, 4s 8d American mixed, old,
4s20,000
%d futuies, steady January, 4s 3%d March,
4s 8%d. i
ST. LOUIS GRAIN, Dee, 19.CloseWheat
futures higher, cash dull No. 2 red, cssh. ele
vator, 89@92c track, 92@93c May, 87
87%c July. 81%c No. 2 hard, 83@87c. Corn
futures higher December, 49c No. 2 cash, 41c:
track, 42@42%c Oats firm No. 2 cash, 81%c,
track, 82c No. 2 white, 33c.
CHICAGO COARSE GRAIN AN SEEDS,
Dec. 19.Flax, cash northwestern. $1.05 south
western. 98c. Rye. cash, 68% December. 67c:
May, 70S72c. Timothy, March. $3.45. Clover,
cash, $13. Barley, cash, 38@54c.
_A
ARIZONA COPPER.
The Ophlr mine is situated in Vtah and is con
trolled by J. H. Holmau, W. J. Holman and
John O'Leary. I has a capitalization of
1,000,000 shares with a par value of $1 per
share, i There was a rumor that an assessment
is to be called on this stock, but this is not the
case, as the certificate will be called in and
non-i seessable issued in a few days. After a
rather weak opening the Arizona market showed
considerable stiength this noon. Lake Superior
& Pittsburg showed the greatest strength open
ing at $47 bid and advancing on good buying to
$49.75 bid. Junction, after opening at $29 bid,
advanc-ei' to $30 50 bid. A St. Paul gentleman
leaveB todav for Bisbce, where he will have
charge of the Warren townsitc pi position.
There is a shaft on the property 90O feet deep,
which will undoubtedly be used in developing
property.
Bid. Asked.
Calumet & Arizona $119.50 ,$120.00
Calumet & I'ittsbiu-g 37.50 40.00
Lake Superior & Pittsburg 50.50 51.00
Pittsburg & Duluth 30.00 31.00
Junction 30.-00 31.00
American Dev. Co 18.50 20.00
Warren Dev. Co 15.00 17.00
Manhattan Dev. Co 8.50 9.00
Chiricahua Dev. Co 18.00
Demi-Arizona 24.00 25.00
Black Mountain 14.40 15.50
Helvetia 4.50 5.00
Belen 50.00
Kewenaw 15.00 16.00
Copper Queen 4.00
Ophir
THE MINNEAPOLIS JOURNAL.
FRESH STRENGTH
IN WALL STREET
SMALL GAINS PREDOMINATE AT
THE OPENING.
Gains Are Quickly Enlarged on a Mar-
ket of Growing Strength and Anima-
tionGreat Northern One of the
LeadersAmalgamated Copper Goes
to Par Again.
New York, Dec. 19.Opening prices In the
stock market today showed fewer wide changes
than for a long time. Small gains laigely pre
dominated, but there were some Important stocks
showing declines, Including the United States
Steel stocks and Pennsylvania. Great Northern
preferred rose 1% and Northern Pacific, Rock
Island preferred, Brooklyn Transit, Metropoli
tan Street Railway and Sugar large fractious.
People's Gas and North American fell
The market developed growing strength and
animation very soon after the opening. Stocks
In whicjW recent successful bullish campaigns
have been made derived the most benefit from
the rise, especially Smelting, Lead and Sugar.
Outside of the transcontinental group very little
interest was taken In the course of the railroad
stocks. The chief advances were Great Northern,
Lead and Beet Sugar 2%, Northern Pacific 2V4,
Smelting 2%, Colorado Fuel and Sugar 2, Metro
politan Street Railway, Pressed Steel Car
andshowing
Distillers' Securities 1% and New York Central
1% and Union Pacific, Cleveland, Cincinnati,
Chicago & St. Louis, Brooklyn Transit and Metro,
polltaa Securities 1.
The mWrket continued strong and new adments
vances were made but mostly In the specialties.
The rise of 2 In Union Pacific and 1% in St.
Paul had slight effect In the railroad list. Lou
isville & Nashville gained 2%. Atlantic Coast
Line 3. The advance of 1% to par^ by Amal
gamated Copper was a feature. Ceritral Leather,
American Hide & Leather prefened. Rubber
Goods, North American and Republic Steel pre
ferred, United States Pipe, Locomotive, People's
Oas and, Allls-Ohalmers preferred made gains of
1 to 2, and Chicago Union Traction preferred 8.
The Iowa Central stocks, St. Louis & San Fran
cisco first preferred. Central Railroad of Ne
Jersey, Tennessee Coal, Sloss-Sheffleld Coal Steel
and Knickerbocker Ice were depressed from 1 to
2 points. Reading came into prominence with a
1-point rise at noon. Bonds were steady.
Selected stocks continued to monopolise the
dealings, the professionals preferring to make
profitable turns in them, rather than attempt to
move the general market, which was Impressive.
a market which presented so many special
features Union Pacific stood out notably, the
argent demand for It raising It 8% to 147%, de
spite the enormous blocks, that were thrown on
the market during its rise.: Great Northern
preferred improved 5, Lead 8%, Northern Pa
cific 3%, Corn Products preferred 2.
Feature Stocks Weaken.
Prominent stocks which had profited most from
the early spirited buying weakened on realising,
and the unfavorable effect caused by the 4-polnt
drop in Tennessee Coal on the news that control
had passed. Sugar reacted 1% and People's
Gas 8, the latter selling 1% under yesterday's
closing. Railroad stocks gave way large frac
tions. Near 2 o'clock an, active demand rose
again for Union Pacific, and It rallied to the
best, touching 147%. The list generally hard
ened, the Tennessee Coal making up 2% of its
loss.
General Reaction.
The break in People's Gas to more than 8
points below last night increased the disposition
to take profits, and there was a general reaction
running to a point in most of the active leaders.
Colorado Fuel lost its entire rise. Prices stead
ied again, but the trading became dull. Chesa
?eake & Ohio, National Railroad of Mexico pre
erred and Mexican Central were pushed up a
point. Profit-taking was renewed and the re
action further extended, wiping out some of
the important advances. Reading relaxed to a
large fraction under last night and the close
was active and easy.
Stock quotations reported for The Journal by
Watson & Co., brokers, Chamber of Commerce,
Minneapolis. Closing figures are bid.
Sales.
32% 81% 31%
80%
B82 30%
1% 31%
CHICAGO PITTS AN CALLS.
2,9001Am. Oar.
400
6,500 4,100
18,300
2,100
88,500
10,500
4,800
10O
7,500
22,000 10,100
1,700
700
100
Close
Stocl-s High-
est.
Low- I Bid. Bid,
est. |Dec.l9|Dec.l8
8"%
98% 68%
116
43%
39%
98%
08
do pr
p. Locomot.
do pr
Am. Wollen
do pr
Am. '.Linseed.
Am. Sugar
Am. Smelt!ina.
do pr
Amal. Copper
Anacon. Cap.-..
At,, T. & S. F.
do pr
Bait. & Ohio.
Brook. R. Tr.
Can. Pacific...
Cues. & Ohio..
Chi. & Alton.
do pr
Corn Prod
do pr
Chi. Gr. West.
CCC & St. L.
Col. Fuel & I
Col. Southern.
do 2d pr...
Consol. Gaa,..
Del. & Hudson
D. & Rio
do pr
D., S. S- & A.
do pi-
89%
98% 88
gs%
69%'
116%
44%
lj05%
116%
43
1U3
20
151% 161% 129%
98%
184%
86%
104 111%
-88
173%
54% 30 72 15%
56 21
104%
56
28% 47
180%
228
36%
90 19% 39 Yt
46% 79%
72%
175
9%
286%
34%
116%
43
105
20
15314. ,151 151 159 129%
9h%
186%
86%
104 111%
88
173%
54%
r.lfi3%
?EtyPl80~
100 186%
87%
98%"
184%
86 Vi
112%
89%
174
55
'iii%
87%
173
54%
15% 56%
21% 2,300 8,800
58,500
2,000
14% 5 5'
20%
36%
19% 'i9%
5,000 Erie
1,300 do 7st pr...
do 2d pr....
400 Gen. Electric.
do rights
8,700 Great Nor. pr288%
do rights
200 Illinois ceut.-al| 175%
'Iowa Central..
do pr
2,900 Inter. Paper
do pr
2.400 K. C. & Scuth
do pr
11,400 Louis. & Nash.
1,000 M., St. P. & S
100 do pr
StOOlManhattai.
10,6001Met. St. Ry
7,100|Met. Securities
Roc
do pr
St. Paul
Southern Pac.
Southern Ry..
do pr
T. C. & I
Texas & Pac
T. C. R.
60.00
One hundred shares Belen changed bands at the anteed the payment of all depositors of the
Minneapolis Chamber of Commerce today at $50. involved banks.
MINNEAPOLIS & ST, LOTOS
FINANCIAL CONDITION OF THE
14% 54% 20%
28%
47%
28%
47
80 72%
175% 175 175
9%
283
34%
284% 175%I \io%\ Vt^'fii
28y2
58% 23% 84% 34%
65%
28 57% 22% 84% 34% 66%
23% 85 34% 60%
23 84% 34% 6o%
153% 151% 151% 13714
105% 163 121
75% 79
102%
36% 60
25% 61
87
104%
84 y4
99
150% 187 167 161%
120%
75%
79
101%
36 68
24% 63
84%
101
84
98%
200 218%
146%
6
61%
122%
77
121
75%
100 Min-i. & St.
4,300 Missouri Pac
12,403 M.. K. &
3,900 do pr
45,900 Mexican Cent
1,300 Nat. Biscuit
Nat. Lead
100 do pr
3.f.) Norfolk & W
2,200 North Am. Co.
12,900]Northern Pac.l
(Northwestern |6
13,500 N. Y. Central
do
2.300)Ontario &
S.OOOlPressed Steel
102%
37% 69% 25%
o3% 88%
i()2%
36%
67 24% 63
85%
"84
99%
206
"jwt"
98%l
202% 203%
219 ft
IPeople'rightlsW.
148% I 1
6%
52% 55%
100
48%
141 108% 137%
do pr
Pacific Mal
Penn. R. R..
Gas
Reading
do 1st pr.
100 do 2d pr
8,700|Repub. Steel..
I do pr
Goods..
147%
6
51% 54%
f9% 48%
140 103% 136
91% 95% 34%
103%
40 1
23% 62%
178%
65% 35
100 148%
33%
116%
140%
96% 54 37%
104%
20%
40% 431/
114
93 V*
51% 54%
99% 47%
'23%
62%
179%
66%
35%
100
146%
84
8,400
200
14,200
1,400
100
"23%
62
177
65%
35
99%
142
33%
313900|Unlon Pacific.
400
2,400
46,200 17,500
700 000
9,800
ROAD FIGURED TO DATE MAKES
A GOOD SHOWING.
In the first four months of the current fiscal
year the Minneapolis & St. Louis-Railroad com
pany Increased its net eurnings $166,408, and
total income $178,106 over the same period of
1904, according to the Wall Street Journal.
The surplus In the last fiscal year, after the
payment pf preferred dividends, amounted to
$57,494. As certain charges should come out of
the Income of the last four months which were
not included in the corresponding months of 1004,
the surplus in favor of the common stock in
the present year Is*not easily apparent at first
sight. The total income for the four months is..$662,350
The deductions ahead of dividends are
as follows:
Interest on funded debt of Min
neapolis & ht. Louis $298,824
Interest on $3,072,000 Des
Moines & Fort Dodge 4 40,962
Dividend (5 per cent) on De
Moines & Fort Dodge pfd 9,546
Taxes, etc *6S,691
Total charges ahead of dividends. 418,023
Surplus for four months $244,327
Preferred dividend 66,666
Surplus available for common $177,631
Estimated.
This is equal to about 2. 9 per cent on the
common stock for the four months of the cur
rent fiscal year, and If earnings continue at the
same rate for the whole of the fiscal year the
would be equal to about 8. 7 per cent
on the common stock.
This computation does not take account of pos
sible allowances for betterments and improve
or for Increased maintenance charges. The
latter should be Increased and probably will be
with Improved earnings.
The directors have not as yet seen fit to de
clare a dividend on the common stock, partly be
cause the surplus for last year was small and
partly also because it is advisable to wait until
MISCELLANEOUS
PROVISIONS
CHICAGO PROVISIONS^ Dec. 19.Provisions
were firm on active buying of ribs by commis
sion houses. The hog market was also strong.
May pork opened 5c higher at $13.87% and ad
vanced to $13.47%. Lard was up 2%@5c at
$7.85. Rlbo were np 2%c at $7.17%.
Close. Pork, January, $13.60 May $13.67%.
Lard, December, $7.07% January, $7.47% May,
$7.42%: July, $7.50. Ribs, January, $7.07%
May, $7.27% July, $7.37%.
NEW YORK SUGAR AND COFFEE, Dee. 19.
Sugar, raw, steady fair refining, 8%o centrif
ugal, 96 test, 3%c: molasses sugar, 2%c: refined,
steady crushed, 6.40c powdered, 4.80cJ granu
lated, 4.70c. Coffee, steady No. 7 Rio, 8c.
Molasses, firm Ne Orleans, 30@S8c.
NEW YORK OIL, Dec. 19.Petroleum steady
refined, all ports, 7.557.60c.
NEW YORK METALS, Dec. 19.Lead and
copper steady and unchanged.
NEW YORK PRODUCE, Dec. 19.Butter
steady receipts, 6,819 official prices creamery,
common to extra, 16@24c state dairy, common
to extra, 16@23c renovated, common to extra,
15@20c western factory, common to firsts, 15
17%c western imitation creamery, extras, 18%@
19c firsts, 17%@18c. Cheese quiet receipts,
5,575 state full cream, small and large, colored
and white September fancy, 13%c October best,
12% d\ 13c late made small colored and white
average best, ll%c large, 12c fair, ll@ll%c
skims, full to light, 8%@llc. Eggs firm re
ceipts, 6,994 state, Pennsylvania and nearby
fancy, selected white, 36c choice, 88@34c
mixed extra, 30@32c western finest selected, 27
(&28c average best, 26c.
104%
56
28% CHICAGO PRODUCE, Dec. 19.Butter steady:
47 i creameries. 17@28%c dairies, 17@20c Eggs,
181 firm, at mark, cases included, 18@22c. Cheese,
222% steady daisies, 13c twins, 11%@11%C Young
47%
139% 103% 185%
91 96YJ 34
34% 34"
104 103%
5,900|RubberIsland
4,400
17,900
103%
40% 22% 62%
17/%
66 35
145%
83%
116% 143%
96% 54% 87%
104%
20%
40% 43%
114
93% 30 61%
147% 143%
96% 54 37%
104%
20%
40% 43%
do pr
U. S. Rubber
U. S. Steel...
do pr
Wabash
do pr
Va. Chemical
do pr
West. Union.
8
38%
105%
20%
41 45%
200|Wis. Central.
200| do pr .1
29%
62%
29%J 29%
61%1 61
Total sales, 1,264,800.
ACTIVE BONDS AND CURB STOCKS.
Quotations to 1 p.m., Dec. 1:
American Tobacco 4s, 80%, 81.
American Tobacco 6s. 115 bid, 115% asked.
Atchison 4s, 102% bid, 103 asked.
AtStte cS'stUne 4s, 101% bid, 101% asked.
Southern Pacific 4s, 93% bid 94 asked
Southern Railway 5s, 120 bid, 120% asked.
Mexican Central 4s, 81 bid. 81% asked.
Baltimore & Ohio 3%s. 96% bid, 97 asked.
Baltimore & Ohio 4s, 103.
United States Steel 5s, 96%, 96%, 96%, 96%,
fl6Unl0n^'acifie convertibles. 143%, 145%, 145%,
145%, 146, 146%, 146%, '147._
Peoria & Eastern Incomes, 11 old.
Northern Pacific general 3s, 6 ma.
Northern Pacific 4s. 105%.
Union Pacific 4s, 105% bid, 106% asked.
Erie convertibles. 10T%.
Rock Island 4s. 79%. 79%. 79%. 79%, 79%.
Rock Island 5s, 87%.
Reading 4s, 103%.
Wabash debentures, 76%.
Chicago. Burlington & Quincy joint 4s, 101%.
Japanese lsts, 99%. 99%.
Japanese 2ds, 98%.
Japanese 4%s, 92, 92%. 92, 92%, 92.
Japanese second 4s, 92%.
The situation in Chicago seems to be un
changed, the clearing-house banks having guar-
Defective Page
19 Burbanks, 55@57c: Rurals, 55@59c red stock,
39% 55@58c. Veal, steady 50 to 60-lb weights, 6c:
46% 65 to 75-lb weights, 6%@7%c 85 to 110-lb
weights, 9@9%c.
MIDWAY HORSE MARKET, Minnesota Trans
fer, St. Paul, Dec. 19.Barrett & Zimmerman
report hors trade slow receipts lighter than
for the past two weeks few ontslde buyers in
the market for loggers and drafters. Drafters,
extra, $185@220 drafters, choice, $155@185
drafters, common to good, $180@155 farm
mares, extra, $145@165 farm mares, choice.
$130@145 farm mares, common to good, $110g
130 drivers, extra, $150@240 drivers, good,
$120@145 delivery, choice, $130@170 delivery,
common to good, $100@1S0.
SI0ITX CITY LIVE8T0CK, Dec. 19.Receipts
Cattle, 1.700 hogs, 6,000.
HogsStrong sales, 68, 280 lbs, $4.70 68,
810 lbs, $4.75 70, 268 lbs, $4.85.
CattleSteady beeves, 18. 1,187 lbs, $3.50
10, 1,240 lbs, $4.65 16, 1.820 lbs, $5.50 cows
and heifers, 10,- 870 lbs, $2.30 14, 987 lbs, $2.80
10. 1,040 lbs, $3.50 stockers and feeders, 10.
780 lbs, $3 14, 870 lbs, $3.60 30, 988 lbs,
$3.80 calves and yearlings, 10, 600 lbs, $2.70
10, 540 lbs, $3 30, 812 lbs, $3.50.
BOSTON MINING STOCKS, D*c. 19.Closing
prices yesterday's market: Adventure, 6%
@6% Allouez, 41@41% Arcadian, 5@5%
Arnold, 1%@2 Atlantic, 23%@24 Bingham,
85@35% British Columbia, 10%@10% Calu
met & Hecla, 700@710 Centennial, 28@28%
Consolidated Mercur, 61@62 Copper Range Con
solidated, 80@80% Daly West, 18@18% Elm
River, 2%@2% Franklin. 17%@17% Granby,
140IX
9%@10 Guanajuato, 4%@4% Greene Consoll
10654 dated. 29% Isle liojale, 23 Mass,
13fi%|9%@10 Mayflower, 1@1% Michigan, 16%@17
S i Mohawk, 61%@62 Old Colony, 1%@1% Old
Dominion, 2%@S3 Osceola, 105%@lo6% Par
rot, 32%@88 Phoenix, 1%@2 Quincy, 108@109
Rhode Island, 5%@5% Santa Fe, 2%@2%:
Shannon Copper Co., 7%@7% Slwift & Co., 102ers
fU03 Tamarack. 122W123. Tecumseh. ll%fi$
32 Tennessee. 48@50: Trinity, 10%@11 United
Copper Co., 59%@60 United States Mining. 39%
40 Utah, 56%@66% Victoria, .6%@6%
Winona 7%@8 Wolverine, 130@134 Wyandot,
1%@2 M. 4%@4% N. B., 83Q83%.
MONEY REPORTS
BERLIN, Dec. 19.Exchange on London, 20
marks 38 pfgs for cheeks: discount rates, short
bills, 4 per cent three months' bills, 5% per
MINNEAPOLIS, Dec. 19.Bank clearings to
day, $4,421,984.80 New York exchange, selling
rate, 65c premium buying rate, 25e premium
Chicago exchange, selling rate, 65c premium
buying rate, 25c premium London 60-day sight
documentary exchange, $4.82%.
LONDON, Dec. 19.Bullion amounting to
80.000 was withdrawn from the Bank of Eng
land for shipment to Germany.
PARIS, D-c 19.Three per cent rentes, 98f
80c for the account exchange on London, 25f
10c for checks. _._,.
ST. PAUL, Dec. 19.Hank clearings today,
$1,470,628.50.
SPECULATIVE GOSSIP
A New York message claims sales of 15 |loads
No. 2 and No. 3 hard wheat have been made
Total clearances: Wheat, 155,000 bn flour.
14 000 brls corn, P28.0O0 bu oats. 268,000 bu
wheat and flour equal 220.000 bu.
Liberal reins In India caused a slump of 4c
a bu in Duluth flax.
Liverpool closed wheat %d to %d lower corn,
ijL(\ lower.
Broomhall cabled that wheat in the north of
Argentine Is being secured In good condition
good yield Is promised generally.
Grain
Commission.
POEHLER
-Minneapolis.
"Ask for Private Marfcet-Letter."
December 19, 1905.
FIYE-CENT GAIN
IN HOG PRICES
DEMAND STRONG AND NOT VEBJ
MANY ON SALE.
Cattle Receipts Moderate and Killing
the fiscal year is further advanced. Besides, as g. Wisconsin Central, 1 Soo line, 17 North-
pointed out above, it will probably be necessary
to make heavier maintenance charges so that
the surplus may not be as large as 8. 7 per cent
on the common stock at the end of the fiscal
year, even if the earnings are maintained on
as good a basis as at present.
However, the showing as against last year,
when the surplus in favor of the common wa3
less than 1 per cent for the whole year, is good.
The improved earnings are quite marked. Aa
two-thirds of the business of this road Is freight,
the fine crops In its territory aud the assured
continuance for some time of a large freight
traffic are strong factors in favor of Its imme
diate future.
NEW YORK COTTON. Dec. 19.The eotton
market opened strong at an advance of 1723
points in response to higher cables and the bull
ish report of the National Glnners' association,
showing 8,975,000 bales ginned to Dec, 18, when
a report of around 9,300,000 had been looked for.
There was covering of shorts but there was a
fcood deal of holiday profit-taking at the advance
nd the market during the middle of the morning
stowed feverish Irregularity, prices about 28
points net higher.
Cotton futures opened firm December, 11.63c
January, 11.68c March, 12c May, 12.19c July,
12.26c August, 12.08c September, offered, 12c
October, 11.05c.
Spot cotton closed quiet, 15 points higher
middling uplands, 12.30c middling gulf, 12.35c.
Sales, 96 bales.
At midday the market was quiet but steady,
prices about 18@22 points net higher. Spot
cotton quiet middling uplands, 12.35c middling
gulf, 12.00c.
Cattle Very Steady-Stockers and
Feeders StrongVeal Calves Steady
for the Good LotsGood Strong for
Killing Sheep.
flulls
flejd.
36 Americas, 13c. Poultry, live steady turkeys, i welsh'Letteari Brothers Pin Island Joh Tyner
89% 13c: chickens and springs, 9%c. Potatoes, easy. Randolph. Carver
Brothers,'
Sh
South St. Paul, Dec. 19.Estimated receipts at
the Union stockyards today: Cattle, 1,000 I
calves, 200 hogs, 4,000 sheep, 1.2U0 cars, 96. BROKERS I N
The following table shows the receipts from f+r*AlaM iw/*l#iginilg
Jan. 1905, to date, as compared with the same UlnMMnj rnV tr fOf VlfOy
period In 1904
Year. Cattle. Calves. Hogs. Sheep. Cars.
1905 420,930 52.848 820,274 815,277 30,428
1904 846,033 36.996 843,031 768,067 28.060
Inc 88,897 15,852 47,210 2,368
Dec 22,757
The following table shows the receipts thus far
In December as compared with the same period
in 1904:
Cars. 1,548 1,615
Year. Cattle. Calves. Hogs. Sheep.
1905 17,797 1,585 59,224 26,603
1904 19,119 1,448 61,892 28,670
Inc 137
Dec 1,322 2,668 2,067
Official receipts for the past week are as fol
lows: Date. Cattle. Calves. Hogs. Sheep. Cars.
Dec. 5,125 288 4,009 5,697 286
Dec. 12..... 1,837 230 6,850 4,149
Dec. 13 ....1,380 160 5,741 1,227
Dec. 14 765 82 3,284 2,599
Dec. 15 919 68 3,872 192
Dec. 16 867 80 2,299 4,646
Dec. 18 1,819 110 1,989 1,460
87
Railroads entering the yards reported receipts
for the day by loads as follows: Chicago Great
Western, 18 Chicago. Milwaukee & St. Paul, 21
Chicago, St. Paul, Minneapolis & Omaha. 23.
Great Northern, 8 Chicago, Uurlingtou & wulncy,
ern Pacific, 11 total, 96.
Disposition of stock Monday, Dec. 18
Mi in Came.
Swift & Co 680
W. U. Bronson
Slimmer & Thomas 256
City butchers 51
P. Evans 66
J. Fitzgerald 143
Other buyers 137
Country buyers 526
nogs.
1,987
rain-fed stuff. Stockers and feeders strong,
rule steady. Milch cows very slow. Veal
calves of best quality steady: others dull. Sales.
Butcher Steers20. 1,073 lbs, $3.60.
Butcher Cows and Heifers1. l.Ooo lbs. $3.25
1, 1,230 lbs, $3 4, 1.020 lbs, $2.90 1, 1.090 lbs,
$2.75 9, 1,060 lbs. $2.65 5, 980 lbs. $2.60: 20.
850 lbs, $2.50 2, 1,080 lbs, $2.35 1. 1,150 lbs,
$2.80.
Cutters and Canners2, 1.125 lbs. $2.26: 8,
1,040 lbs, $2.25 1. 1,050 lbs, $2 2, l.X lbs,
$1.85 8, 862 lbs, $1.75 2, 870 lbs. $1.50 2,
890 lbs. $1.40.
Butcher Bulls-1, 1.680 lbs. $3.50: 1. 1,760 lbs,
S3 1. 1.700 lbs, $2.90 1, 1,030 lbs, $2.60
1,075 lbs, $2.25 1, 1.170 lbs, $1.70.
Veal Calves1, 150 lbs, $5.50: 22, 114
lbs.Whallon,Case&Co.,2
$6.50 4, 110 lbs, $5.30: 1, 00 lbs, $4.50 2, 86
lbs, $4 7, 231 lbs, $2.
Stock and Feeding Steers7. 962 lbs. $3.50
7. 988 lbs, $2.35 5. 830 lbs. $3.15: 2. 805 lbs,
$2.85 8, 570 lbs. $2.75 19, 748 lbs. $2.60 10.
634 lbs, $2 50 2. 940 lbs, $2.50 1. 760 lbs.
$2.50 4. 667 lbs. $2.45 4. 575 lbs, $2.40 1, 690
lbs, $2.85 4, 602 lbs. $2 25: 2, 870 lbs. $2.
Stock Cows and Heifers1, 920 lbs. $3.25:
2, 810 lbs. $8: 2. 740 lbs. $2.50 2, 655 lbs. $2.15:
4, 545 lbs, $2 1, 660 lbs. $2: 2, 550 lbs. $1.75-
1, 686 lbs. $1.75.
Stock and Feeding Bulls1. 1,140 lbs, $2.50
3, 1.270 lbB, $2.35 4, 1,040 lbs, $2.35.
Milch Cows and Springers2 cows, $65 1
cow, $30 1 cow, $27 1 cow, 1 calf, $22.60: 1
cow, 1 calf, $18. ix
SHEEPReceipts moderate. Quality good.
Demand strong for killing sheep. Prices steady
on sheep, and steady with decline on lambs.
Feeders steady.
Killing Sheep and Lambs18 lambs, 95 lbs, $7
3 lambs, 100 lbs, $6.75: 5 lambs, 88 lbs, $6 50
5 lambs, 88 lbs, $5.50: 4 lambs. 70 lbs, $5 2
ewes, 145 lbs, $5 22 ewes, 160 lbs, $5, 8 ewes,
122 lbs. $5.
Among the shippers on the market were: u.
M. Weston, Dodge Center W. S. Tasker, Hay
banks, West Concord C. Blleckle,,
Faribault L.
Randolph r. ,F..
Koester. Northfleld: Bank of Maiden Rock, Maid
en Rock J. W. Barton, C. H. Burhlte, Cam
bridge A. McDonnell, Faulkner M., Hutchinson
W. Davis, Nerstrand P..Trench. Dennlson.
KANSAS CITY GRAIN, Dec. 19.Close-
Wheat, dull December.
7 8%c May 80%c July,
75%c- cash No. 2 hprd. 80(82c No. 8, 76%
79CTNO. 2 red, 90091c No. 3. 83(S89c. Corn,
firm Decmher. 39%c May, 39%c July, 40c
cash No. 2, mixed, 4O@40%c No. 2 white, 40%
(S40%c No. 3. 40%c. Oats
eady
white, J3QC3%C No. 2 mixed, 30%c.
No. 2
CHICAGO LIVESTOCK, Dec. 19.CattleRe-
ceipts 7.000 strong: beeves. $3.40@6.50: cows
and heifers, $1.40@4.75 stockers and feeders.
$2.50 Texans, $3 50@4.25 westerners, I
$3.80@4.75. A
HogsReceipts 86,000 strong: estimated to
morrow 40,000: mixed and butchers, $4-75^5.06.
good heavy. $4.90(3)5.06 rougt'heavy, $4.75
4.86: light. $4.80@S: pigs, $4.40@4 90
SheepReceipts 18.000 market steady sheep.
$4@5.75 lambs, $4.75@7.76.
OMAHA LIVESTOCK, Dec. 19.CattleRe-
ceipts, 5,000 market steady native steers. $3.50
5 50 cows and heifers. $2.50@4.40 ^western
steers, $2.85@4.40 Texas steers. $2.753.75.
cows and heifers. $2@3.40 canners. $1.50@2 35
stockers and feeders, $2 25@3.90 calves, $3
bulls and stags. $1.7503.60.
HogsReceipts. 11.000 market shade to 6c
higher bulk of sales, $4.80(014.87%.
SheepReceipts, 2.600 lambs, $7 sheep,
$4.75g6.50
ST. LOOTS LIVESTOCK, Dec. 19.CattleRe-
ceipts, 5.600. including 1.000 Texans market
weak beef steers, $2.60@6 stockers and feeders,
$21503.30: cows and heifers. $2.1504.50: Texas
steers, $2.50@3.85 cows and heifers. $2@3.
HogsReceipts, 10.500 market steady pigs
and lights, $4.50@5 packers, $4.60@5.05 butch
and best heavy, $4.85@5.10.
eepReceipts, 2,500 market weak natives,
$4.90@5.60 lambs, $5.50@7.50 Texans, $3@
4.15.
NEW YORK PROVISIONS, Dec. 19.Beef,
steady. Pork, steady. Lard, steady prime
western steam, $7.75@7.90.
MARFIELD-
GRIFFITHS CO.
GRAIN COMMISSION
MINNEAPOLIS CHICAGO
DULUTH MILWAUKEE
D. A.
Established
1865.
MINNEAPOLIS
Duluth.
MWSBAPOL,SQRAIN DULUTH.
AMMONIA
WATSON & CO.,
STOCKS AND BONDS.
MEMBERS N. Y. 8TOCK EXCHANGE.
New York Office24 Broad St.
Chicago CorrespondentsJ. H. Wrenn
& Co.
Private wire, Chicago and Ne York.
Telephones.
N. W. Main 4492. N. W Main 4491.
Twin City 184.
420-421 Chamber of Commerce.
Branch Office131 Guaranty Loan Bldg.
Ellsworth C. Warner
Penman V. Johnson
579
1,987 1.481
Totals 1,809
HOGS Date Av. Wt AT. Cost. Price Range.
Dec. 11 *l -i.64tt! $4.ou(a4.(
Dec. 12 208 4.60 4 50Q4.70
Dec. 13 204 4.68 4.60#4.80
Dec. 14 212 4.66 4.55ig,4.7
Dec. 15 210 4.64 4.oo@j4.i5
Dec. 16 215 4.78 4.65@4.80
D*KJ. 18 211 4.70 *.6JHJ.*-
Hog prices opened steady and closed 5c higher.
Receipts conpaiatlvely light. Demand strong.
Quality averages some better than yesterday.
Prices range $4.60 to $4.85 bulk, $4.70 to $4.75
light, common to fair, $4.65 to $4.70 good to
ctolce, $4.75 to $4.85 mixed, common to fair,
$4.65 to $4.70 good to choice, $4.75 to $4.85
heavy, fair, $4.66 to $4.70 good to choice, $4.75
to $4.85.
Hogs84, 185 lbs, $4.80 78, 217 lbs. $4.80:
72, 221 lbs. $4.77% 89, 178 lbs, $4.75 68. 248
lbs, $4.76 67, 224 lbs, $4.76 70, 244 lbs. $4.70
66. 183 lbs, $4.70 89. 182 lbs. $4.70 82. 195
lbs. $4.70 78, 146 lbs, $4.65 16, 209 lbs,
$4.60.
Pigs, Roughs and Underweights2, 333 lbs,and
$4.75 10, 340 lbs, $4.66 1, 340 lbs, $4.65 1,
840 lbs, $4.60 2, 420 lbs, $4.50 7, 97 lbs, $4.25:
7. 86 lbs. $4.25.
Stags and Boars1 boar, 800 lbs, $2.25: 1
boar. 530 lbs. $2: 1 boar. 520 lbs, $2
CATTLEReceipts moderate. Killing cattle
generally steady, demand strong, especially for
GeorffcF. Piper
Walter D. Dousla*
PIPER-
JOHNSON
& CO.
Brokers In
Stocks and Bonds
Grain and Provisions
409. 410. 411
Chamber of Commerce
Sheep
708 194
PhoaesN.W. MI.
3421-3422 T. C. 2Z
THE SECURITY BANK OT
MINNESOTA ENDEAVORS TO
8ATD3FY ITS CUSTOMERS I N
EVERY DETAIL OF THEIR
BANKING TRANSACTIONS,
AND ASKS BUSINESS ON
THIS BASIS,
E. S. Woodworth & Co.
CHAMBBR OF COMMERCB
GRAIN COMMISSION
MERCHANTS
Receivers and Shippers of Wheat, Coarse Grain
Flax Beed. Orders for future deliveries exe
cuted in all markets.
Members of All Exchanges.
KANSAS CITY LIVESTOCK, Dee. 19.Cattle
Receipts, 1,300. including 400 southerns mar
ket steady: ratlve steers. $3.7506.25 southern
steers, ?2.50n,4.50 southern cows, $23.28 na
tive cows and heifers. $224.30 Mockers and
feeders, $2.75@4.50 bulls, $2 25@4 calves. $3
@7.25 western steers, $3.25g4.80 western cows.
$2.25@3.60.
HogsReceipts, 18,000 market steady to
strong bulk of sales. $4 80g4.95 heavy, $4.90
4.87%.
5 packers, $4.85@4.95 pigs and lights, $4.50
gaeep-L-Receipts. 4,000 steady muttons. $4 50
@9 lambs, $5.75^7-50 fed range wethers, $5.25
@6.60 fed ewes, $4.75(35.40.
STOCKS, GRAIN, PROVISIONS
MEMBERS
New York Stock Exchange.
Chicago Board of Trade.
Minneapolis- Chamber of Commerce,
Private wire to New York and Chicago.
58 CHAMBER OF COMMERCE
NEW YORK LIFE ARCADE.
501 Board of
Wm. Dalrvmple,
Wm. Dairymple Co.
Tradef
DULUTH.
^Xu 9
GrainCommission Receiving a specialty. Advances made
to shippers. Orders for future delivery
executed in all markets.
A. J. CUMMINGS
Member Minneapolis Chamber of Commerce, Da*
luth Board of Trade and Winnipeg
Grain Exchange.
GRAIN COMMISSION.
PROVISIONS STOCKS BONDS
OfficeMain Floor Dispatch Building,
ST. PAUL,
Minneapolis Office110 Chamber of Commerce
Building, Ground Floor.
McHUGH,
GHRISTENSEN
COMMISSION & IIUI
THE:
Established 1887
P. B. MANN CO,
GRAIN COMMISSION.
Orders for future delivery executed in all markets
Minneapolis Duluth Chicago
Milwaukee.
Mail samples for bids. Ask prices for Feed as4
Mill Stuffs.
The
JohnMillerCo.
Grain Commission
Minneapolis Duluth
Duluth Chicago
E. A. BROWN & CO.
Grain Commission
Consignments Solicited. Prompt Returns
Guaranteed.
Minneapolis* Mlnneaota
Wheat, Oats, Corn, Barley, Flax, Live Stock
Bought and sold on commission by experts
The VAN DUSEN-HARRiNGTON GO.
MINNEAPOLIS DULUTH
D.M'DONALD A. MCDONALD Z* GO
GRAIN COMMISSION
806*807 Chamber of Commerce
WOODWARD Z* CO
COMMISSION
BRANCHESChicago and Milwaukee. Ordars for future delivery executed in all markets
i .-vT
S
'\^^\^i^^M^^M4Hi^vz^^
i
SOUTH ST. PAUL
fc
E. W. SUMMER I
DULUTH
ESTABLISHES*
1879.
-1