The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-07-18

,un.,. July 49, July
hiuueapOllS.. .0i tolB
| Duluth 6S1s 69as
81: LOUIS .65% 6a7s
! i>eW ioTh .iSI2 1873
| These figures show decline at
! Minneapolis of NEUTRALITY-SUSPICIOUS.. rs
G Gs Observation-Disclosures. -
| st. Louis ACKNOWLEDGEMENTS.
New YORK ACKNOWLEDGEMENTS. .l4s
There is practically no feature in the mar
ket beyond that which attaches to the har-
| vesting period, already far advanced so far
as the winter wheat is concerned, and shortly
! to begin in the spring wheat belt There is
no doubt that some disappointment has been
| experienced in the Southern and Western sec
tions as the result Of the threshng thus far.
| Considerable damage was also inflicted
| upon the shock and wheat from the heavy
rains. In a general way. however, the win
| ter wheat yield will be moderately large in
comparison with the statistics of a year ago.
| The shrinkage In the volume of the yield
| comes chiefly from the deficiency of wheat in
the ear. In many sections where the drouth
! OF last fall prevailed and where rains in the
| earlier weeks of the present season caused
an abnormal growth Of the pant on the one
hand and lodging the other, there has
been slack filing OF the ear. In few local.
ties rust and the chinch bug did some dam
/ o6O, anu III Otueio lOL weather breaking
in suddenly at a time when the grain was in
the milk caused some damage by the shrink
ing OF the heads The sections thus injured
| are, however, in the extreme Southwest In the
| Southern states there has been little depre-
citation in the general character CT the grain
| The crops of Ohio, Michigan, Tennessee and
! Kentucky are reported to be more nearly up
| to expectations than those in any other To-
| calities.
t.,
dition exists which prevailed week ego and
| even fortnight ago, except that during the
/ past four or five days excessive heas his
fallen upon the grain in its approach to the
| ripening period and hot winds have baen ex-
| perienced, causing some apprehension par
| ticularly in localities where rain has n5t pean
| so abundant as in others. This is particularly
| true in both North and South Dakota Re-
| port, however. from these sections do not
| indicate any alarm yet. There has been
considerable rainfall in Northern Minnesota,
| through the Red River valley and North Da-
| kota and the moisture afforded has beel
| regarded as timely. Southern Minnesota Gro
| are reported to be in prime co1di ion. Sou h
| Dakota, ter a distance Of 100 miles west o.
| the Minnesota border, promises a good We'd
but the dry weather and hot winds there
usually have the effect of shrinking tie gra H.
! especially where the plant is not very strong
The general reports received from the heads
Of railways trayersing this territory, how
ever, are to the effect that the straw IS
stronger and more healthy and possessed OF
larger degree of resistance to all weather con-
ditons than for the past several years.
Little can be said of a reliable nature in
regard to the condition in Europe Prices in
Liverpool have been sluggish and trading in
active. 1t appears to be evident that the
dealers at the principal ports are assured
| that the American crop will be very large and
abundantly able to meet any European def
cheney that may develop when the harvesting
period arrives. Meanwhile, however, waa.
seemed to be the eXorbitant estimates of our
home crop. namely 700, 000, eco blu, are gradual
ly being reduced until they have reached
04,O00C0O, but even this estimate will repre-
sent yield OF approximately $4,000 $50 ba
in excess of that of 1887. The average con-
dition reported by the government experts
| indicates an improvement in the crop over
| that Of last year. AS evidence of the fact
| that supplies are growing short, the statement
! is made that many of the railroads running
| into the spring wheat sections have Already
| forwarded large numbers OF cars and dis
| triDuted them at different points with view
| to prompt shipments of new wheat upon It's
| delivery to the interior elevators.
Exports are growing less week by week
| with general feeling of uncertainty as to
| just what the outlook may prove to be b.
| the time the wheat begins to come to market.
The following is from the reviaw CT tie
Northwestern Miller in its issue Of July 10:
! Prospects are favorable for good wheat
Weld III the Nci Invest. OF course, the wealth
! er during the LeXt few weeks will have a
great eeai to do with the final outcome. At
| present conditions are very favorable. He
ports from all parts of the Northwest show
good general indications for the growing
W Sdh and other crops: In large part Of
by not winds two weeks ago was helped
| out by rains, which contributed largely 10
restore lost prospects. The larger part CT
that state was hot seriously injured by hot
weather. it being the drier portions, ana
more especially on sandy ridges where tho
the finest crop in many years, while the
prospect, on the whole, appears to justify ex-
pectations OF more than an average yield for
the state. In Minnesota and North Dakota
prospects are good. There are few places
that suffered from heat and hail, but these
conditions were merely local, and will not
greatly change the general prospects.
about 100000 bu less than a year ago, and
amount to some 1O,5Oo,OoO bu, of which about
! 100000 are in public and private elevators
in Minneapolis. About 5000 600 bu are a,
! Duluth, and less than 800 900 in country ele-
yators Local mills have been grinding at
! the rate OF about 10000 bu per week. lately
which Is only about half OPACITY. If the
! mills should work at the usual capacity for
this season of the year, the quantity Of wheat
now in store would not carry them through
! August.
Prices in England continue weak owing
to free offerings OF new winter wheat for
August shipment ard spring wheat for
/ be shipped during September. Foreigners re-
/ gard the prospects in this country for larse
yield as being almost an assured fact owing
/ to the low prices at which the wheat is Of
! fered now for future delivery They are
backward about taking hold, in consequence
causing foreign markets to be about as life
| less as those on this side. More wheat has
come out than had been expected which
with high prices and diminished consump-
ton, leaves enough to finish the season. For
eign buyers as well as hons consumers. have
| gone through rather easier than was antici-
patsd would be possible.
The following is the review OF the Price
Current:
The dry weather has favored harvesting
conditions where in progress and also has
facilitated threshing operations. which a~s
being carried on to considerable extent in the
central regions The indications are that
while occasionally the results are fully up to
or better than expectations citations, the prevailing
| thy and quality of the wheat.
| The average condition of winter wheat is
officially reported at S5.7, OF spring wheat at
%. and for the whole at Ss.4-the latter be-
previous returns as to acreage sown indi-
| Gated 1851 for winter wheat and 10 for
spring wheat compared with the prece ding
year-implying an average Increase of about
per cent. The June report placed the area
at 43 600 coo acres. The present indica.ion
implies about AK bu as the average Weld
suggesting about 615,0C0,OQ0 blu for the crop
or s., 900, eco in excess of last year. It is like
| ly the later estimates will be on lower
basis
The Orange Judd Farmer las this to say
in regard to the condition of spring wheat:
The spring wheat condition is a little lower
than month ago. This Is the result ~