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^^^PH japint of view it would be wasteful to lit the market decline now. JiSt. Paul has continued to move un der the influence of aggressive buying, ifhich apparently is based on the ex pectation of some development in the northwestern railway situation favor ably affecting the St. Paul company. A prominent western house appears to be responsible for the movement in Louisville & Nashville, the strength of \fhich attracted light buying of Nash ville & Chattanooga, which enjoyed a ie gain of more than 5 points at one time. Some authorities declare that St. Paul stock is cornered'' and that if certain parties should "get in a hSle they might be forced to pay 300 f#r it. St. Paul may not sell at 1,000, as did Northern Pacific on May 9, 1901, but if the "deal" now onand no one knows exactly what it is, or who is behind itis driven to a finish, the shorts will have to suffer. The shorts aie a suf =ring lot at times, however, and the xperience will be nothing new for lem. There is a stubborn short inter- |&5t in this issue, but even stubborn- .^ess has its limits. So far as is known, mie floating supply of St. Paul has never been so small as it is now. The r|se in St. Paul preferred has been so ^reat that the "valuable right s" ex pected are more than discounted. Again a is asserted that Standard Oil buying is responsible for the rise. This is as' good a reason as any other. Sure it is fhat someone is buying St. Paul heav wy, and that the buying seems good. ^Reports that the propertv would ulti mately pass into the control of some ^arriman road were generally credited. The Union Pacific report may prove to be a tremendous bull factor also that it will tend to throw &ome light into several dark places where light is needed. Union. Pacific's friends pre dict that it is on the way to 200, and tnat it will reach that figure before the present movement is ended. The investment holdings of Union Pacific & the Hill properties are believed to I Be still of considerable amount and. C0PPSR STOCKS We make a specialty of high grade COPPERS. Write for free Daily Market Letter. Craiidall,Pierc9&Co 731-733 Guaranty Bldg. Phones-M. 1600 J2 9283. THE- Security Bank OF MINNESOTA. Now occupies the ground floor of the Security Bank Building, 4th St. and 2nd Ave. So., FOR BEST RESULTS TRY Incorporated. GRAIN COMMISSION. MINNEAPOLIS CHICAGO DULUTH MILWAUKEE eorge S.Barnes Jr. GRAIN COMMISSION 11 Chamber of Commerce Write me regarding Puts and Calls bow tlley operate and the large profit gained on minimum investments. N. W. Main 4785. Twin City 2280. m. Dalrymple,001 m. Dalrymple Co. vpm IN CUTTING THE HILL MELONS riman's Break Taught Pru dence to Great Northern Financiers. Special to The Journal. |New York, Nov. 24.On account of thje howl which went up when E. H. Bforriman sprung his surprise in the [Union Pacific and Southern Pacific divi dends the Hill people determined to let the news get out unofficially and pre pare the public mind for the stupend ous announcement which it had to make. The results have been gratify ing. But it always happens that there some one ready to take advantage good news and sell stocks as soon the facts are out. There are strong jispicions that the Gates people have ?en liquidating recently, and the right Bopie do not intend to contribute any sh to the western bank account. They B.ve, therefore, suspended operations the moment, and so soon as the Oates people decide to act with the leaders, the advance will probably be resumed. Persons who have the han dling of large blocks of money for es tates and trust companies agree that slocks are in the strongest possible hfands. Some of the biggest loans in the street have not been disturbed for three years. There is no evidence of outside interest in the market large enough to cause a distribution of 8|ocks. These money experts believe tie market will go higher and will be tgroader before there is any decline of importance. From the manipulators' rainCommission deceiving a specialty. Advances made shippers. Orders for future delivery ncecuted in all markets. LC WRIGHT Member Mpls. Chamber of Com. JRAIN COMMISSION PROVISIONS, BONDS. MainSTOCKS, Office, Bldg. 110 Chamber of Commerce Ground Floor, iranch Office, 633 and 634 Andrus Bldg. 8 Classified Section. in 1,000 MINNEAPOLIS OPTIONS therefore, Union Pacific will derive considerable benefit from the Hill "melons." The Harriman following is understood to be quite bullish on Union Pacific. A feature of the market not liked by conservative interests was the prominence of low-priced railroads, notably those of the Bock Island group, pools being actively engaged in man ipulation. Mexican Central and Chi cago Great Western, issues which show no equity in the shape of earnings, ap peared on the tape more frequently than for some time past. E. H. Harriman is accumulating stock of the Illinois Central railroad thru friendly banking interests in or der to forestall any attempt of Stuyve sant Fish to regain control which he lost at the recent meeting. I is said that Union Pacific interests now hold 40 per cent of the stock. While monetary conditions show im provement as compared with a few weeks ago there is still little chance of a return of a really easy position in the immediate future. It is not un usual to have high rates for funds in the last two months of the year and the current year will probably not be an exception. There will be a tre mendous demand for money in 1907, unless all signs fail. Already it is estimated that there are in sight $500,- 2i',600 2,500 000,000 of new capital requirements by the railroads for improvements, exten sions and. new rolling stock in the com- & year If the country's business is conducted an orderly manner in the new year, 14,500 and if money rates do not rule at an exorbitant level, there doubtless will be further improvement in January in the greater number of stocks. The for eign money markets are adjusting them selves and the prospect of some measure of currency reform passing congress at the coming session is regarded as al most certain. A high authority in the street says that the outburst of trading in Stand ard Oil issues, making all due allow ances for covering of an accumulated short interest, seems plainly to point to a feeling of confidence On the part of 2Q Broadway, whose sources of infor mation as to prospective conditions are unsurpassed. In some quarters the su perficial view is taken that the Stand ard Oil party wishes to impress the financial community, and incidentally thru this medium the country at large, with the belief that it views with in difference the aggressive action of the government in instituting a suit for breaking its monopoly. There has been a fair recovery in the price of Stand ard Oil stock this week. Stanley Schroff. Pales Stocks 700 100 44 200 43% 75% *74% 6001 Am. Woolen.. I do pr 1,100 Am. Sugar ll,C00|Am. Smelting. WINNIPEG 40?*-ixx I, Tearse & Noyes BoardofTrad* DULUTH 801 Cham.?: Com. JUpls. do pr 74% Amal. Cop Anacon. Cop At.,T. & S. do pr Bait. & Ohio.. do pr Brook. R. T.. Canadian Pac. Ches. & Ohio.. 0 (it. W do pr A.... do pr B.... C.C.C. & St.L. Col. V. & I... Col. Southern. do 1st pr... do 2d pr... Cons. Gas Del. & Hud.. Del., L. & W. D- & R. G.... do pr D..S. S. & At. do pr Frio do 1st pr... do 2d pr... Gen. Electric. G. N. pr Illinois Cent. Iowa Central.. do pr K. C. & South. do pr 1,300 6,400 2,700 1,300 2,300 2,700 2.20^ 0 Closing Hijrta-| Low- I Bid I Bid. est I. est. |Nov.241Nov23 32% 32% 90 I 90 4-?%' 44% 101 %l 101V' Am. Cot. Oil do pr Am. Car do pr Am. Locomot.. do pr 7 5% 111 -U, 111% 35% 102 135% 154% 102 134y4 153% 135% 154% 134V- 153'/2 W. S. McLaughlin, A. B, Ellis, H. D. McLaughlin. McLaughlin & Ellis We now have continuous Minne apolis and Chicago quotations on our Board, and are at all times rep resented on the Floor. We can instantly execute hedg ing and spreading orders. Send us your Winnipeg business. Members: Winnipeg, Minneapolis and Chicago Exchanges. George P. Piper Walter i Douglas Ellsworth C. Warner Denman F. Johnson Broken ia Stocks and Bonds Grain and ProvisionssN. I Phone W M. Chamber cf Commerce I 3421-3422. T. C. 32 2 SHIP THEM TO US AND GET BEST PRICES JSORTHWESTERN HlDE& FURCOI 200-202-a04-|PSTNQ AMNNEAPOLISAUNN SHIP TO HEADQUARTERS. H.POEHLERCO. ESTABLISHED 1855. GRAIN COMMISSION Of prlTtt market latter mailed on retueit. GRAWCMMtmOX Minneapolis, Duluth, Milwaukee. O. S. DERINGER, Broker COPPER STOCKS. NEVADA STOCKS and COUER D'ALENE STOPKS. BUY the good Copper, Stocks and the strong Nevada Stocks. Daily quotations received from. Goldneld. Write me. 436 Endlcott Building, St. Paul, Minn. 't **& gSt^'Qi Vst, =5201=: 116 112% 277% 101 101% 219% 9 1% 79% 181 55 1% 72% 26% 92 54% 3S% 68% 57% 138% 226% 542 40% 48% 119% 119 119% 92 80 182% 5 5% 18% 72% 26% 93 56 38% 68% 57% 1.38% 228% 551 40% 85 17% 38% 44% 76% 67% 174 323 ITS'. 30" 52% 30 62 146% 145 80 79 181% 55 y4 18% 15,300 180% 55 18 56^ 38% 2,700 56% S8% 22S% 4,500 300 100 800 8,dOO 226% 37% 44 76% 67% 44% 44 67% 67% 176y 321 175% 176 316 175% 175 310 175% 29% 51% 30% 62 145 146 165 143 106 64 91 03% 41% 73 & 24% 94V, 88% 89 218% 203 129% 5% 47 63% 97% 39 138% 93 147% 90% 92% S7% 100% 30% 66% 1S4% 03% 33% 94% 155 37% 109% 62% 147 5,000|Louig. & Nash.1 ISoo Railway I do pr I Manhattan Met. St Ry.. M. & St. L.... do pr Missouri Pac.. M., K. & T... do pr 200|Me\ican Cent.. Norf. & West. do pr North Am. Co Northern Pac. Northwestern N. Y. Central do rights. Ontario & W Pressed Steel do pr Pacific Mail Penn. R. R.. lOOlPeople's Gas.. 116900|Reading I do 1st pr do 2d pr.. Repub. Steel do pr Rock Island.. do pr I St. Paul Southern Pac. Southern Ry.. do pr Tenn Coal & I Texas & Pac. T. C. R. T... Union Pacific. do pr U. S. Rubber. do pr U. S. Steel.. do pr Wabash do pr Va. Chemical. West. Union.. Wheel. & L. E do 1st pr.. do 2d pr 200 1,500 61% 145 244 106 64% 93 941/ 441* 74 24% 94% 88% 88 & 221% 207 131 5% 94% 41% 74% 24% 94% 93% 40% 7 3% 24% 94% 221 ya 207 131% 100 16,000 218% 203 129% 47% 54 47 53% 54 97% 38% 139% 13,600 800 88,900 8,000 4,100 13S% 139% 93% 148% 90% 94 38% 100% 3 1% 67% 184% 04% 34 u. 94% 158 37% 109% 188% 92 02% 108 47% 105% 19% 43% 38 85% 17 87% 21% 148% 1,300 900 145% 37% 37% 102 31 VB 67% I 184% 94% 34% 6,900 100% 30% 60% 184% 93*' 33% 38% 48,700 37% 188% 1,000 186% 92 5 1% "52% 13 500 300 "51% 108 47% 104% 19 42% 37% 85% 17 37V, 21% '"48" 1,800 47V 43% 300 42% '85% '&5% 37% 22 200 37% 2 1% Total sales, 488,500 shares. HILL MELON ANALYZED Discussing the Hill "melon" L. T. Watson of New York says: "De- pendent upon the requirements of the United States Steel corporation during ~C...Ly vicinity of $4.50 a share. Judging by the prosperous condition of the iron and stee busineso and th brigh outt look for its continuation as indicated by the orders already booked, and large tonnage yet to be contracted for in sight, as suggested by the pressing need of more railroad tracks to care for the unprecedented and increasing business activity in every part of the land, it is reasonable to suppose, with out taking into consideration the large surplus at present in the hands of the Lake Superior company from profits from these ore lands from previous years' operations, that these trust se tificates will start in the first of the year with a handsome income for Great Northern stockholders. This is estimated by competent authorities close to headquarters, at a rate of not lower than 3 per cent, and very like ly 4 per cent. This result of the ore land lease con stitutes only a part of the benefit* in vestors in Great Northern securities are to receive. The largely increased tonnage to and from the ore lands which the road exclusively gets will no doubt eventually have also to be divided in the shape of rights, stock or extras of some sort. What impresses the financial mind perhaps more than anything else as a result of this dis closure of immense wealth underlying the value of Great Northern is the fact that it calls attention to the large ac cumulated resources in the shape eith er of cash surplus, coal lands, mines, subsidiary companies, steamships, real estate, terminals, etc., the value or which, in the price of stocks recorded on the New York Stock exchange in a number of conspicuous instances such as Northern Pacific, Pennsylvania, Can adian Pacific, the coal roads, United States Steel' and equipment shares, by no means as yet fully represented." Finley Barrell to PiperThe stock market has worked itself dowa to the bottom level again and is ready to take a new lease of life next week. The banking interests permitted the bears to have their innings today, care fully watching, however, to* see that they did not depress njices too far. It certainly looks as tho the strong finan cial interests were willing to let prices sag off once in a while in order that they might accumulate more stocks, and knowing that they cannot keep the list down for long. Respite the fact that the bank statement was consid ered good and even better than Was expected by some, the market, closed well down towards the bottom. Fe^r of what the president will say in }8s annual message to congress put's a dam per on general trading, but we believe that any bear effort of this message will be. discounted before it is deliv ered. We bejieve there will be a sharp rally beginning some time Monday. Grier, New YorkGeneral stock mar ket heavy. Pressure was greatest in Beading. THE MINNEAPOLIS ^OURljrAL THE WEEK IN TRADE AND IPlNANCE Features of Importance in theEast and WestTips the TradersTake from the Ticker- Gossip of the Men Who Make the Markets Move. THE ELEVATOR INQUIRY Minneapolis is to be congratulated upon the outcome of _the interstate commerce inquiry into grain trade and railroad relationship. There was con siderable digging up of fact3 and fig ures bearing upon the operations of the elevator companies. The business of storing grain makes a great industry. Large investment of capital appears and the management is centered here. It is one of the branches of commerce that has made Minneapolis. The rep resentatives of this industry have al ways stood among the foremost" busi ness men of the city. It would be in poor taste to pre judge an inquiry the summary of which has first to be passed upon by the in terstate commerce commission, and has then to go before congress. It is im possible to forecast what interpretation may be put upon the collective testi mony by men skilled in law. Else where there may be found a different, state of affairs and the commissioners have yet to carry on an inquiry in other markets. But if anything is to come out of it that is to prove the existence of any standard of business conduct or code of commercial ethics below that maintained by business men of the highest type it will have to be found somewhere else. Minneapolis made a splendid show ing. There was nothing here to con ceal. Eyerything was. open to the com mission The representative of the largest elevator interests in'the north west gave figures covering the opera tion of the business for a year, gave full information bearing upon every de tail inquired into, and offered to throw open all the books and records of his firm to the commission at any time. This pertainly was in marked contrast to the conduct of representatives of lurge eastern business interests in past cases of governmental inquiry, where every effort to disguise facts and throw the inquisitors off the track appeared. Senator La Follette, father of the resolution that sent the commission about the country, on this errand of inquiry, is a man of ability. He is a radical, however,, anif in many ways an extremist. What hii real motives were one cannot tell, but there is no reason to suppose that they were other than honest. Mr. La Follette is a Wiscon sin man, necessarily familiar and no doubt_ in sympathy with the efforts of Superior to become a grain market. The fight between Duluth and Superior is something that* Minneapolis has nothing to do with. I is quite, likejy^ however, that from" information "re- ceived from Superior by Mr. La toi lette, who is a politician and not a practical business rn'an, fhe htmestly be lieved that there was, centered-in Min neapolis, a gigantfc1 tha us afooll Knoinflos anr\ +V*e a Vi-pirrVitf nu. SGT foimfl-. (~!firtaiTlltr ni vs grain combine or trust. Mr. La Follette' lias" b^een unfortu nate sjnce his election to $ie senate. When he made one of his important speetehes the senate chamber was al most deserted. This so angered him that in the fulfilment of a threat made at that time he afterward made things pretty lively for some of the senators who were so discourteous to him, by going around the country and telling tales on them in their own states. Later he made another speech which was to give him prestige, bat on that day San Francisco was stricken and the country was so absorbed in that great calamit tha. what Mr a Follett wa the first year of its lease of Great had to say became relatively imimpor Northern ore lands, the income of the tant and many people did not know new trust certificates will vary between w.ua,i avxr. jja nonezzt ha a minimum of about $b00,000, or 40 _-..._ cents a share,, to a maximum in the makee gooddexpens*e' with the people for 3 1 0 a maximum in tn ,l, y~~r*~ ana of the inquiry troub ended here there must be a "nig ger" found Certainly no "niggev in the woodpile was found in Minne apolis. Whatever the transcript of the testimony may mean to him in its en tirety, that part covering the Minne apolis investigation can scarcely fail to bring disappointment to the senator, if he really believed that some awful conditions would be disclosed here. MINNEAPOLIS PRODUCE The poultry situation the past week has kept commission row on the jump. Probably never in the history of the trade have receipts of live poultry been so heavy. Every express company brought in its carrying capacity and ooops of squawking birds covered the walks and spread out into the street, while new loads kept coming. Em ployees of the houses had to work far into the night to weigh in and take care of the goods', and they will draw a sigh of relief when the big rush is over. This overloading of the mar ket on chickens naturally had a de pressing influence upon values, and quo tations eased down to 5 to 6 cents on hens and 7 cents on springs. The out let is not very broad, even at these figures, and receivers have had to kill and store thousands of pounds to get them out of the way. There has been a good proportion of ducks and geese among the livestock, but they proved better sellers than chickens, and values held comparatively steady. I is a Little too early 4o predict prices for Thanksgiving turkeys, but opinion seems to be that something about 17 cents will prevail on No. 1 stock. It all depends upon Monday's and Tues day's receipts, when the big demand is on. All large buyers will want their stock not later than Tuesday night, aper which values will ease off, unless there is a scarcity of desirable birds. Do not ship chickens unless absolute ly necessaryand dress propepdy be fore forwarding to market. Egg values have continued to ad vance until now they are up to the high record mark. -They have passed last year's figures and give promise of holding up more strongly* than at that time., as this year's conditions are much more favorable. Holdings of storage goods are much lighter than in November, 1905, leaving the field al most entirely, to .the fresh stock. There is a good domaitd at present figures, and should extremely bad weather pre vail, shutting, off production and for warding to riferkt, egg values may beat the air ship reaching high alti tudes. .Creamery extras are selling today at $40 per tub higher than a year ago. This means a neat profit to the maker, ^specially to ,tho$e factories whose out put run* 40**0 5J0 tubs a week. The ^demand" has "been ample to take care of all coming, and the market is well cleaned up today, not only on fancv m,Mmmmmmmmm. mm am k$*M 00mmmmmmm .tX.fi*.,. Pag* #3S\4t- t'" CHICAGO OPTIONS MO /V. TUB. WED. THU. f=^WT. but on medium grades. Holdings of storage goods are well reduced, and will not have much if any influence upon the general situation from now" on. Packing stock is active, but is the only item in the butter list that has not scored an advance during the week. Cheese is active, and firm on all standard makes. New goods are in light arrival, and cured lines are well sold out. Holders of cheese look for a god, firm market for ninety days yet, and are strongly maintaining" their asking prices. Elaborate preparations have already been made for holiday supplies, ar rangements are made for a big line of trees, evergreens, holly, mistletoe, etc., besides a wide range of novelties for decorative purposes. New nuts are plentiful, but are high in price as com pared with average years. Dates, figs, and raisins, aie also in good sup ply- Navel oranges are in the market, but are not plentiful as yet. A number of cars are in transit, and there will be enough on hand for Thanksgiving and Christmas trade, altho for the opening of the season they will sell higher than the Florida grown. Lemons are again lower in price. Cranberries are firmer than ever now that turkeys are ripe. Grapes are plentiful and reasonable in price. Fancy California cornichon and emperor grapes at $1.25 per crate are certainlv a bargain. Tangerines and kumquats are in good supply. Potatoes, onions and cabbage are quiet. Green vegetables are in fair demand, with prices reasonable. SOUTH ST. PAUL LIVESTOCK The movement of western cattle this week dropped off considerably, and the total was much short of recent weekly records. There has been a fairly good sized supply of native cattle. Demand was strong, and grain-fed stuff has been wanted. Only a small share of corn finished cattle was on the market, and offerings have been mostly of fair qual ity and in small lots. The market held about the same as at last week's best time, with a tendency to strengthen on (the better graces. Owing to the scar city of very good to choice cattle there was practically no showing on that kind. Veal calves and bulls were about steady. The stocker and feeder market has been active and in the first days there was sharp competition among buyers. The run was only moderate, and the supply was short of demand. The at tendance of country buyers was fairly large, and traders exhibited much in terest. The yards were very well cleared at the close of the week. Stockers were mostly 25c higher than at the preceding week's close and there were spots of greater strengthen the better grades of light cattle. Feeders were generally strong, holding well up to the high point of the season. Owing to the fact that the strength of the market this week was due to light re ceipts shippers should be cautious about sending a flood of inferior stock ers this way. There has been a moderate supply of hoga this week, the number moving to this market being smaller than dur ing the preceding week. Demand con tinued strong, and with favorable con ditions prevailing in the east there were gains the latter part of the week which offset early losses. Quality has been generally good, and the range' of prices continued narrow. Butcher hogs continued at the top, and there was another display of the pre ference for Yorkshires on Tuesday, when a load of that kind brought pre mium price. The run of sheep has been of good size this week, the arrivals including a mod erate share of killing stuff sold here with a showing of feeders, and a large proportion of western sheep billed thru. Demand was good the first days for killing grades, and the market was gen erally active, but on Friday conditions changed and the market was dull and lower. Prices for sheep continue steady with the best time of the preceding week, until Friday when there was a drop of 10 to 15c. Feeders were a little easier than at the best time recently, but of ferings found an outlet. The lamb market remained steady until Friday, several large lots of choice lambs selling the first days at $7, but at the close top was practically $6.75. The tone at the close was dull and of ferings moved slowly. SIOUX CITY LIVESTOCK The run of cattle this week, while moderate, shows an increase of 900 head over last week. Stockers and 'feeder values have shown a wider mar gin and while the heavy feeders found a wide outlet at strong prices, com mon and inferior cattle of all kinds closed the week 10(5)15c lower. Re ceipts were taken up readily, but there was a slow trade towards the close of the week as yard traders had a good many on hand and the outlet to the country was not sufficiently wide. The best of the heavy feeders sold this week at $3.75(5)4, while the most of the 800 and 1,000 pounders sold at $2.25@ 3.65, comprised a big share of the week's marketing. In yearlings the best sold at $3.50(5)3.90, with the me dium quality yearlings and steer calves at $2.75(5)3.40. Common and inferior steers of all weights sold as low as $2.5ft. Stock heifers sold at $2(5)12.75. There is a big demand for springers and milch cows which has not been filled and the sales this week have been fronv$30 to $50. In, fat cattle the market this week shows a break of a dime, that occurred Tuesday, and since that time prices have been well maintained. The in creased marketing of cattle this week comprised mostly cow stuff and pack ers have taken care of the supply. good grade of butcher stock sold this week at $3.50(5)3.85, with the best of the offerings up to $4. The larger share of thje week's marketing 'comprised a fair to medium class of cows that sold at $2.50(5)3.25, and canners and cutters sold at $1.75(5)2.25, Beeves, pf good quality have been scarce and nothing choice has been marketed. The offer ings in short fed beeves sold at $5(5 5.25, and the light grassy steers at $4.50(5)4.75. The run of hogs was moderate, espe cially so compared with last year's marketing at this time. All markets have been short in supplies and in con sequence values have shown a strong upward tendency. The high point of the week was reached on Thursday, with good butcher and light hogs sell ing at $6.25(5)6.30, and the heavy and mixed hogs at $6.10(5)6.15. The mar ket ruled 20c higher than last week's close. On Friday the market broke a dime, but the closing quotations for the week were 10c higher than last. At present values at Sioux City are right up with Chicago. CHICAGO LIVESTOCK Moderate marketing in the last few days afforded a recovery in prices from a lower range established early in the week, when receipts were big. Medium and half-fat classes sold firm to 10c higher since Wednesday, while the gen eral level of values for good to choice classes has been 10c higher. Closing sales are thus on a basis steady to lOo higher than one week apo, and the tone is fairly good, tho there is nothing in the situation which forecasts much higher prices in the immediate future. The proportion of sales above $6.75 during the week has been smaller than in the past month. Tops sold at $7.40 and a few other lots at $6.85(5)7.35, while the bulk of strictly choice grades sold at $6(5-6.60, and medium to good killers made $4.90(5)5.75, while the plain and light killers went at $4.35@ 4.75. Butcher stock has met broad call most of the week and sold higher in late days, general prices ruling steady to firmer than a week ago. Packers have purchased rather liberally, the scarcity of range cattle causing them to favor native cows more strongly. Calf trade has been weak and most ly 50c(5)$1.25 lower than last week, medium and light vealers showing the greatest decline. Tops have lately gone at $7.25, against $8 last week. Lighter marketings of the heavy packers and the eagerness of packers to- secure them for lard purposes en ables holders to lift prices 5(5)10c above a week ago, but other grades of hogs show a loss of mostly 5c. The packers have* given the market better support this week, and this was for tunate for the sellers, as the shipping outlet was even more contracted than in the previous week. Only a prime class of butchers sold higher than $6.25 recently, and only the very poor T?lass of heavy packers went under $6. The near-by future of the market will depend mainly on the size of the re ceipts^ Any large supplies will likely result a sharp break in prices. A prominent feature of the trade in sheep and lambs this week was the widening of the spread between the plainer and good fat classes. Arrivals having finish went with good freedom at 2c higher than at the close of last week, but the other kinds indicated 15 (al25c decline. The prime native lambs reached $7.85, and the fair to light and good fat bucky lambs carrying excessive weight sold down to $6.50 while most of the good to choice lambs went at $7(5)7.65, the bulk of the culls at $5.25 (5)5.75. THE MONEY MAP O GOLDFIELD FREEFREE Every Investor in Nevada Leasing or Mining Stocks should have it. Every one who is not a Nevada in vestor should get it and learn of the land where Fortunes Are Hot in the Making You get the information at a glance. Best map ever published of the dis trict that is producing S42.000.000 this fiscal year. Write for it today. Mantattan-GoldMu Brokerage Co. Nixon Building, GOLDFIELD, NEV. 310 Security Building, CHICAGO. Address Chicago office for quick replies. Bullfrog Rush Mining Co. Notice of Special Meeting of Stockholders Notice is hereby given that pursuant to written request of the stockholders of record of the above named company owning one-third of the stock issued and outstanding, a special meeting of the stockholders of said company is herebv called for, and will be held at the office of said company, Phoenix, Arizona, on Monday, the 3rd day of December, 1906, at 10 o'clock am., for the purpose 01 considering and acting upon the charges preferred in writing and filed with the Secretary, against John Sparks, L. M.' Sullivan and J. D. Campbell, as directors of said company. GEORGE M. BROWN. Secretary Bullfrog Rush Mining Co. EMERY H. LATIMER. Assistant Secretary. Barnes Brothers BANKERS ROUND THE TICKER IN THEPIT Gossip of the Trading Floor and About the Broker's Office. C. a. Smith, New YorkStocks don't act bad. They hold well. W. H. Bar'tlett, ChicagoWheat ia a purchase, coarse grains a sale. Story, New YorkHeavy selling Great Northern. Chauncey sold over 5,000 shares. Lewis, from New YorkIndications are that M., K. & T. was bought for Hill interests. Schaack, Chicago December and May wheat spreading again. Differ ences 5%c and will be wider. McCulloch, ChicagoLiquidation is now on in May oats. Most of the hold ings still show a profit. Winnipeg, to PiperSale of Winni- Slay eg May and a purchase of Chicago around lc premium ought to be good. Kennedy, ChicagoSelling of May and December oats was general. Every one sold, commission and cash houses. Logan to MeKinnonI look for a lower market on Monday owing to higher money rates, likely to cause sell ing of stocks. New York, to WhallonWeakness in Great Northern was on rumors that the new issue of ore land stock will not be acceptable on loans. New York to LewisUndoubtedly there was some good selling yesterday, but not so much as professional short selling, altho the fact that buying was also largely professional and for small scalps makes it a hard market to judge. It seemed as tho leading interests had left the market to itself and the trad ing sentiment being mostly bearish, some decline occurred in consequence. London was heavy and we may have further weakness. New York to WhallonThere is un questionably a great deal of manipu lation in the current market. Much of it, unless close observers are mistaken, is designed to facilitate the rebuying of long stocks sold on the recent bulge in St. Paul to 189 and in Union Pa cific to 190, in Beading to 150 and in Great Northern to 332. This specula tive liquidation came like a cold dash but had the effect desired by the big men, who did the selling. It checked a market in which pyramiding was be coming dangerous. It is thought, how ever, that most of the stocks sold have been digested and that the process of reaccumulation is nearly completed. At all events, as the result of greater confidence in the solution of the monev auestion, the critics are agreed that setbacks are temporary and that the' real tendency of prices is toward higher levels. Watson, from New YorkA bear element is at work in stocks and they believe they can force lower prices. They base their faith on the artificial character of the market, a season of the year when financial conditions and prospects are against a bull campaign and a belief that "inside' interests have been heavy sellers for some days. This applies more especially to the selling in St. Paul and Union Pacific. Piper, from New YorkThe stock market continued soft until the publi cation of the bank statement, which was better than expected. The mar ket showed a tendency to rally, but the attempt was very feeble and short lived. Prices soon sagged off again and at the close the market was about the lowest of the dav. Some stocks were quite demoralized and a number of stop orders were caught on the decline. Crosby, Chicago, says: "Wheat is still a waiting market. Local bears mostly operating the short side, look ing for December liquidation, which, so far, does not come. Liverpool is firm and all Europe finds offerings of wheat from other sources light. At the pres ent rate of receipts export wheat cannot, in our opinion, remain at these low prices. We would continue to buy it on the soft spots." WATSON &, Broken la $3,500,000 Inv8ted in FARM MORTGAGES with out 1OB8 of interest or principal, 21 years .experience. Grain and Provisions Stocks and Bonds MEMBERS N. Y. STOCK EXCHANGE. New York Office24 Broad St. Chicago CorrespondentsJ. H. Wrena _, & Co Private wire, Chicago and Hew York. Telephones. N. W. Main 4492. N. W. Main 44tt. Twin City 154. 42C-421 Chamber of Commerce. Branch Office131 Guaranty Loan BIcW Our Salesmen Have had long experience and Are Experts Nobody can get better prices for your Grain and Live Stock. The Van Dusen Harrington Co. MINNEAPOLIS. DULUT& BOOTH ST. PAUL. Whallon,Case& Co. Stocks, Grain, Prqyjsioni MEMBERS New York stock Exchange. "t Chicago Board of Trade. Minneapolis Chamber of Commerce! Private wlr* to New York and Chicago* 68 CHAMBER OF COMMERCE NEW YORK UF5 ARCAD* S 'iSast