The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1885-12-11
Wheat Mt sIinneapolts.

Ahe rloheer fresS IN Its weekly review savs.
Inc situation in the Northwest shows No dc.
cided change, but. the markets have ruled
strong and higher. The advance was favored
by a marked falling off in farmers deliveries
The storm did not interfere with the movement
el trains, and the country roads are in excel.
lent condition. In spite of the fact that tho
general situation was no more favorable than
during the week before, the market advanced
lully cents during the week, and OH some
high grades the rise was cent more. Thi, ia
alleged 10 be due to manipulation, as the ad-
vance In Chicago followed the rise here ron.
trary TO the usual order OF things. The condi-
u0ns ILLS week are more favorable to the bulls.
Some OF the mills have started up, osteusibly ia
fill small, irregular orders, and to fill some
storage roeIn which has been provided during
The past week. 1t is not improbable that fully
half the total capacity of the city will be in on.
eratlon before the close Of the week. Tho mil
lers have been restless during the short period
OF ldleness, and they will be quick to take any
slight improvement In the markets as an excuse
TO run. II the big mills continue 10 grind long
the little fellows will tail in and they will al
be slow to stop when once fairly started. The
output last week was only about II, GOO barrels,
but tho indications now point to production
OF three tinles as much this week. The Mil
lers association advanced prices cents at
country points last week, and are said to be
buying freely in this market as we'll as at Du-
lutl. Farmers are not selling much, receipts
on some lines having fallen to the lowest point
Oh the year. 1t is estimated by good authority
that fully three fourths of the spring wheat
crop has been moved out of the farmers bins,
and light receipts ale anticipated for the re-
malnder Of the crop year. The crop of Mime
sofa and Dakota is set down as 1000 600
bushels. Receipts at Minneapolis, 81. Paul and
Duluth from Sept. to Dec. l, were 81, 200. 900.
There will be ground Mt interior points and re-
qulred for seed about 10000, 600, to say nothing
OF the amount shipped to outside mills. which
ls estimated at from one to two millions. This
would leave about eighteen millions still in
farmers hands to esme forward and now in
country elevators. G. A. Pillsbury says bis
company las two and a-half millions in store
along the Manitoba road, and it is claimed that
there is as much more in other houses along
that line. Taking this as basis there is prob
ably seven or eight millions now in country
houses along the various lines in the North
west. This would leave less than twelve mil
lions to be marketed. This is the argument OF
the radical bulls, but Northwestern creps are
very deceving, and often turn out better than
the most sanguine bears expect. Receipts at
this point have been very light during the
week, but stocks haye increased quarter of 2
million. The amount Of wheat on track bas
been very much reduced at Minneapolis. and
there is no longer any trouble from bIockades
as the very light receipts are easily taken care
OF. There is no improvement in tile -four mar
ket, and prices are unchanged. Some millers
were asking more for patents and the beat
grades of millers' at the close Of last week. but
failed to get an advance. It is now understood
that the nillers have decided to store their
-four here and wait for the opening Of nayipa-
ton to ship Except as may be necessary to
supply actual wants in the East, and thus take
advantage of lower freight rates. large
amount OF storage room has been provided
here with this object in view.