Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-04-05
Grain Notes.

Yesterdays additions to contract wheat stocks al
Chicago were about 16s. 900 bushels.
Black sea wheat shipments last week were . so oo
bushels. against 2.2is. 900 bushels the previous week.
Heavy rains fell Sunday and Sunday night through
out Kansas. Missouri and Oklahoma. Cooler weather
is predicted.
The English visible supply Of wheat decreased ee5 =.
600 bushels last week. against ess. 900 bushels increase
the previous week.
Puts on Chicago July wheat, good this week, we're
calls. 30hc.
Exporters took at New York and outports Saturday
$50, 900 bushels of wheat, 3O4, 900 bushels OF corn and
2I5,000 bushels Of oats.
The Orange Judd Farmer makes the April winter
wheat condition SO. which is the highest since 1891,
and 80 higher than last April.
The quantity Of wheat and -four on ocean passapo
to Europe increased $40, 900 bushels last week and corn
decreased 10000 bushels.
The receipts of wheat at Duluth and MiuneapoIis
from August 1 to April l were IL. 10000 bushels
larger than for the same time in 1867.
A New York message yesterday said: They arc
talking OF ): loads Of wheat, As loads of corr. IL
loads OF rye and 2OO,0oo bushels OF oats taken for ex-
port to-day.
A Broomhall cable says: The French senate mega
tived the proposition asking for the removal of the
import duty on wheat. Beerdionski navigation is re-
opened.
To-day being election day in Chicago and Kansas
City. their boards of trade adjourned yesterday over
TO wednesday. Hence there will be no grain mar
kets. ~
Puts on Chicago July wheat. good to-day, sold at
S3s9sic. closing at s3%c: calls. s6ss aS7Isc. and
closed at S6ssc. July wheat sold on the curb at S5Y
Gb0Ssc, closing at SJLC, Nav corn plfs cqin m QB.c-
calls, esssG29ac.
Kansas City grain stocks. with changes, last week
are as follows: Wheat 7sl. 900 bushels. decrease s.. 900
oats is. 800 bushels. increase ), 200 bushels; rye $500
bushels. decrease $500 bushels.
The primary market receipts yesterday we're 373. 900
bushels of wheat, against $3.50. 900 bushels a year ago.
Shipments were 436. 1000 bushels: last year. Ios, 900
bushels. Corn receipts. AZ, 900 bushels; a year ago,
$40. eco bushels. Shipments. ss1. 900 bushels; last year,
l6l 200 bushels.
Chicago stocks OF grain in store and aHoat. with
changes last week: are as follows: Wheat s.o54. 600
els. decrease 1.Sl3. 900 bushels: oats !. s25. 900 bushels,
decrease $4,000 bushels: rye LOIS. zoe bushels. de-
crease li2:ooo bushels; barley 800. 200 bushels. de-
crease lis. 600 bushels.
The Minneapolis Market Record says: Approxi-
mateiy, there is 800. 900 bushels OF wheat in country
sition last year. and probably 5000. 900 bushels more
in farmers hands in the Northwest for sale to
last year.
The worlds wheat shipments last week were as
follows: From America. 3,551.oo0 bushels; Russia.
=. 50i. 900 bushels; Danubian. IFS, 900 bushels; Arcen.
tine. 1.ls2. 600 bushels: India. 1.12o. 900 bushels; total.
., 500, 900 bushels. against ~s.el6,0O0 bushels the pre-,
ceding week and 4,s2i,ooo bushels a year before.
Beerbohm says: The second report for the North
western provinces. and 0udh stated that II the season
continues favorable the yield on the whole would be
wheat are less numerous, but from Calcutta they are
and there is little doubt that India will
now begin to ship pretty freely.
Dillon & King. in their letter to the trade. saw:
I'm the face of strained political relations. it is ut
ter folly for the trade TO take a positive stand on
either side in grain and provisions for q decided
change in values. Still. We feel favorable to the
short side OF July wheat. on hard spots. It still
goes down easily in the absence of a deluge of bull
news and the top for a 5 or 6 cent turn is not far
Yesterday clearances for export at the four Atlantic
ports were LOG. 900 bushels Of wheat. Sc. COS packages
OF flour. 2sS.51S bushels Of corn. 167. 900 bushels of
and 5000 bushels Of rye. In addition. New Or
leans cleared nineteen barrels of -four and $50. 500
bushels OF corn. Galveston cleared 2Ii2S5 bushels of
corn. Total wheat and -four clearances amounted to |
1000 bushels. and corn, $50. 1868 bushels. ,
i. G. Logan wired ". W. Cowen yesterday: ..Tbe
advance the last few days has largely eliminated the
short interest in this market. and the stimulus Of |
purchases will be wanting. Experience skoys |
no conditions are acute enough to keep prices mo-. |
soft spots to buy wheat on and should be taken ad- |
vantage of. in our opinion" |
The Chicago Times-Iieraid says: There are those
possibly 5000, 900 bushels. bought largely within
the last two weeks. The Southwest seems to be
very bcarish on July wheat; the Northwest very
builish. Letter called 1000. 900 bushels OF wheat Sat
urday night. but brokers were selling for him in the
last hour from SIC down 10 size. II looked Saturday l
as IL he sold at over the call prices the wheat he
knew lie could get on these privileges. II have felt 1
strong enough on the cash wheat position said
letter Saturday. ito withdraw my offers TO the other
side. II there is TO be any c~orccding. | think, in
Of the war prospect and its probable effect on
he other side, the yielding should be on the mart Of
he man wanting to buy wheat. There is no question
rs TO the improved demand within the past few