The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-12
sPECULATIyE GOSSIP

Berlin-May wheat, &c lower Budapest. lc
Total Clearances- Wheat. 2o1,ooo bu; -four.
$4,000 brls; corn, 81, 600 bu oats, $4,000 blu.
Wheat and flour equals 28s, 900 Blu.
Chicago to sowle: We have it on excellent
authority that there are 40 loads of Manitoba
wheat waiting for opening of navigation for
export, Is loadsactually being taken.
McReynolds to Johnson: With spot No.
have merit 1 believe them cheap. Short
interest large.
Chicago-Lohnke wires from New York that
Verhoeff from Milmine: II you want to
know exactly what l think. I would advise
buying wheat on this break. an
ia southeast to Oklahoma City. No rain IN
central and northern Kansas, which covers
large portion Of WINTER ryhe belt oost otb
ing doing; on passage, quiet but steady. Corn,
OFF coast, nothing doing; on passage quiet but
steady. 80
The weather map this morning shows very
heavy rains in the southwest-TeXas; Kansas,
Oklahoma, Missouri, Illinois, Tennessee ana
in the; territory where. rain has been most
| needed. The rains are the heaviest IN months.
Some indication of moderately colder =
| Chicago to c. E. Lewis: The rains In the
southwest have put an END TO al talk OF
is cold wave following, but this is not in
sight as yet. Corn and oats situation is
strong and l advise buying both on all little
dips. 49,. -As,sx@ss
! Liverpool. close, wheat Ad to Esd lower.
| Paris close: Wheat unchanged to 5 cent
| lines higher. Flour 10 confines lower to
Is confines higher. 49,. ..t= 1850 4si
| Antwerp close, wheat unchanged.
| Chicago to Sowle: You cannot expect
bull market to- day on heavy rains. Wheat
spectators have been. buying it for weeks
! on drought but it is quite possible that these
same rains giving an opportunity to BUY
wheat at price that will prove low enough.
! Johnson from : Chicago; Liberal rains
where most needed; long stuff coming on
market; no support.
i Chicago to Watson: They are now talking
sixty loads for export. rms is nelplns Tue
market .,5-., @a.
| Calumet Grain company wired: Wheat
| opened weak on general rains and lower
cables. Local crowd heavy sellers. MarKet
poorly supported. Corn sympathetically weak
! sentiment mixed. Doesn't seem to be much
desire to sell -.~.
The Chicago Chronicle of Tuesday says:
| A local crop expert gave out very pesslmls-
! a summary suggesting a very poor prospect
| for anything hut a relatively poor crop-Dut
! it fell by the wayside and was hardly noticed,
! because it was whispered it was gotten up
more for the interest Of certain men VINO pa a
1 well for it than for the general public On
| the other hand, some very optimistic wires
4 were received, these suggesting good rains
4 and warm sunshine would change the dead.
| fields of the crop killers into beautlfu!
i garden of green-an experience often met
! with in the past. To put the matter another
4 way, the men who had been betting on crop
I damage reports strongly had changed their
4 minds were afraid the crop outlook was not
/ nearly as dark as it has been painted and
4 wanted to get back into the sunshine of hope.
Among the more important decreases in
| wheat stocks reported by Bradstreet this week
! not included in the regular visible, are those
of 100000 Blu at northwestern interior eie-
I vators 1926, 900 bu in Manitoba storage points,
1 80, 900 in Omaha, $1,000 at Louisville and
I So 900 at Minneapolis.