The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-09-15
NINEIY.0NE CENTS FOR SEPTEMBER
Strength All Around, December Sell
ing to $500 and May
Going to s47sc.
Recession in Price Near the Close
-Frosts Predicted for the
West Tonight.
The Situation About the Same as at
the Close Of the Market
Yesterday.

Minneapolis Chamber of Commerce. Sept. Is
Strength and activity and higher price range
in al options the story in wheat this morn
iing. 10 II 40 September wheat was up to Die,
December had sold to 93Bc and May wheat to
S41sc. 1t was the seine story OF bad weather,
is expected tonight over Iowa and Nebraska and
further south. Yesterday there was this same
prediction but last night the cloudy skies and no
drizzling rains saved the corn. This absence or
frost the bear card at the start, but the
bulls figured that frosts will come tonight for GER
tain and bought freely. Reports from the north
west were bad and mich damage was shown In
North Dakota. The prediction for the northwest
is for showers and cooler weather tonight, and
Wednesday partly cloudy. At noon today the
situation Is exactly the same rs at noon yes
terday. Whether frost Is to come or whether
cloudy skies will again prevent 1t Is question.
Meanwhile the market is up all around, partly
in anticipation of frost damage to corn, and In
good part on the damage that the trade feels
must have occurred in wheat. even tho detailed
damage reports are lacking as yet. And SO it is
about duplica ton of Mondays situation Freez-
I1ng temperatures are shown thru the Dakotas,
but no dangerously low temperatures in Kan
sas Iowa, Missouri, Illinois in other corn
states. 1t is generally cloudy and the whole
northwest and southwest had some rain during
whether the freezing temperatures which have
advanced as far south as northern Nebraska Will
move further south. The situation is possibly
little more critical than yesterday because Chey-
enne shows only % above.
j Minneapolis received 64s cars today against AZ
and Duluth 4os against $50. Chicago had 1873
and st. Louis 1O5 900 bu against 90, 900. Wheat
and flour cleaances. 100000 bu.
the bull market Chicago wired that the new
feature in wheat is the persistent claim from
Minneapolis and Duluth and from all classes
that there has been a great loss to the spring
wheat crop from the weather the past week.
The northwest theory is that the rains were ac-
companied by such wind storms that stacked
wheat well wheat in shock suffered. Chi
csgo refuses to accept the damage reports in
full.
Primary receipts were 100000 bu against
l,ess,o 900, and shipments $4,000 against 1,os2-
Broomhall sent the following summary OF for
United Kingdom-since our last summary the
weather has improved. The quality Of the new
shows shows a - tendency to be light The value Of the
new wheat is about Is per Genital, equivalent to
about &c per bu, delivered at the mill:
but the quality Of the new crop is better than
was expected.
! mania--Russia--Fan blowing is hindersd by
the drought Corn prospects are unchanged,
IndiaIsseeding, prospects are splendid: :.
The weekly government crop report says further
delay in threshing of spring wheat in spring
wheat region east of Rockies resulted from OK.
damage to wheat in stack and shock. Delay in
threshing and injury to grain reported from
Washington, Oregon and Idaho. Except in Iowa,
northern Missouri and eastern Nebraska where
excessive moisture has prevented rapid ripening,
the crop has made satisfactory progress, the
bulk of the early planted over the southern por-
tion of the belt being practically safe from
frosts. -
The market was easier near the close and of
almost cent from high point In December. Sep
tember closed at Ole, December s2Ac and May
s8% @S3Ac.
In the cash market No. northern averaged
S912c, with some sales to 9OAc.