Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-03-20
Grain Notes.

A private London cable says: India is pressing
sales OF wheat.
mour. Barrett G. Fowler. through the Anglo. have
covered their short May wheat.
MINNEAPOLIS received 24 cars Of wheat yesterday.
against 2S cars a year ago and Duluth received
5s cars. against 10i cars a year ago.
The indicated worlds wheat shipments for the
week are $500. 900 bushels. and some decrease is ex-
pected In the amount on ocean passage to Europe.
English farm deliveries the past week amounted
TO 4lb,ov bushels. against 423. 200 bushels last week,
Average price this week. s5s Cd; last week. 35s Sd.
The Maritime Exchange at New York reports char
tiers and berth room placed there and at outports
for the past two days for $50. 900 bushels Of grain.
A San Francisco message reads: The losses by
frost TO the orange and lemon crops OF Southern CAL
the cold.
Exporters took at New York Friday IL. 600 bushels
OF wheat and sG,eo0 bushels at outports, also $40. 900
bushels of corn and 1900 bushels Of oats at New
York and outports.
The total exports Of Indian corn the past week
amount to 3,9ls. 900 bushels. against 3. 2s5. 900 bushels
in the preceding week. 1853, 900 bushels a year ago.
1.sO2, 900 bushels in 1896 and 4s6. 900 bushels in 1896.
Half an inch Of rain fell here Friday, a o, an
inch in Eastern Iowa. ! to . inches in Northern
Illinois and light showers elsewhere. Clearing cooler
weather. followed by warmer this afternoon. is pre-
dicted.
The total exports Of wheat flour included from
the United States and Canada the past week aggre-
gated s.6e5. 5s4 bushels. against 4.4s4. 600 bushels last
week. 1.62s. 600 bushels a year ago. 1,5s2 900 bushels
in 1896 and 1888. 600 bushels in 1895.
The exports of corn from tie United States in
the thirty-seven weeks since July / amount to l26-
$4,000 bushels. against 113. s02, 600 bushels in the cor
responding time a year ago. 81, 351 900 bushels two
years ago and lJ,oO1. 900 bushels three years ago.
The primary market receipts yesterday were 4si. 900
bushels OF wheat. against $40. 0G0 bushels a year ago.
Shipments were POI. 900 bushels: last year, sc. 900
bushels. Corn. receipts. 49,. 900 bushels: a year ago,
$4,000 bushels. Shipments. sol 900 bushels: last year,
32i. 900 bushels.
The exports OF wheat and -four from both coast,
OF the United States and Canada in the thirty-seyen
weeks since july / amount to liz, SIS, 900 bushels,
against 1l5.o23. 900 bushels in the corresponding time
Il n war " "a & M hpGbn III tun raara n
052, 900 bushels three years ago.
| Galveston exports of wheat the past week were 49,
900 bushels. against $1,000 bushels the previous week:
corn exports, 21o.O 900 bushels, against 310.oo0 bushels.
Wheat stocks are now 1890 o bushels. decrease the
past week 5000 bushels. and corn stocks are 622. 900
bushels. decrease 5000 bushels.
The Murphy Grain Company yesterday received the
following from l.. J.. Thorsenburg. of Lindsborg,
kas.: ! am surprised to find how little wheat is left
here. McCracken has shipped 300 cars Of wheat on
this crop and has only s to 10 cars left. 1t is the
same way at Geneseo and Crawford.
A Broomhall cable read: Severe weather continues
In South Russia. Arrivals of wheat into the United
/ Kingdom the past week about 900. 900 bushels, and
anticipate a small increase in United Kingdom stocks.
The amount on passage continues about unchanged.
The Continent continues TO take on coast cargoes.
Yesterdays clearances for export at the four Allan
ages of -four. 49, SIC bushels of corn. 81, 10 bushels
Of oats and ma bushels OF rye. In addition, New
Orleans cleared 1900 bushels of wheat, 3.607 bar
rels OF -four and 9.sf bushels Of corn. Total wheat
and -four clearances amount to 5000 bushels and
corn l.l45.oO bushels.
Puts on Chicago July wheat, good Monday, sold
yesterday at S2IEIS3isc. closing at s3IS3i,c: calls.
s55saS5isc. and closed at s5s July wheat sold
on the curb at siisas5itc. closing at siIkc; puts on
May wheat. 97Hssc. closing at CSC; calls. 81 .O5u
LOIS, and closed at s1.05: May corn. puts, 2S5. a
29sc. closing at 2S5sc; calls. 1914 closing at
2ssc.
We have had mud roads in Illinois ever since
January 1. practically impossible roads except for a
few days during the past ten weeks" says ]. Spell.
man. in the Chicago Timcs-Herald. Farmers have
been unable TO haul their corn to station. yet the
enormous export demand has been supplied, and
corn stocks have steadily increased. II that has been
there must still be a vast amount Of corn to draw
from"
There is a queer relationship now between wheat
prices In Minneapolis and Chicago. The Chicago
price IL SIC over Minneapolis on MAY wheat; il is
ssc under Minneapolis on July. Wheat could be
shipped from Minneapolis to Chicago for MAY; the
July prices show a handsome profit in the shipmen,
from Chicago to Minneapolis. 1t might be possible
to bring wheat down from Minneapolis to Chicago
at a profit for Nav delivery and then send II bach
to Minneapolis again at a profit for July delivery u.
there.
The Chicago Record says: Letter claims to hav.
contracts for ocean freight room for wheat to the
extent OF 1905. 900 bushels. There was a rumo,
yesterday that Letter had settled a big line OF May
wheat. The trade was inclined to look upon this as
sign OF weakness. but French met the rumor with
prompt denial. Another ci:rumstantIaI story in cir.
culatiOn was that a California party. who was short
nearly 1000. 90 bushels of May wheat here, becam,
alarmed at the drouth damage there and had In.
structed his commission merchants to buy it up. The,
started to do so. and raised the price. when Letter!
brokers are reported TO have sold IL to them at
good round price The transaction is said to hay,
little significance. even II true.