The Minneapolis journal., 1903-04-09
Wheat---Puts, 751sc bid; calls, .77asc asked. !.
GRAIN TRADE GOSSIP

Charles p. Lewis. from BARTLETT: In reply
to our cable inquiry last night our Liverpool
mousse tells us the general prospects of the wheat
crop In Europe are very uncertain. Prospects
are for crop rather smaller than last year,
and Roumania more rain is wanted. In England,
Ira france ana germany portion Of the crop that
just now is harsh and nngenial Crop prospects
noW depend upon the weather. s.
London, Paris, Mannheim and one If from S Fiuck in
answer an TO- inquiries REGARDING damage and they
future, hn unless unless radical changes in conditions.
seeding general al lover state South half will
finish this, week: north half by the 18th. Ground
is in fine condition. Some farmers plowing for
Antwerp cable reads: Expect European de-
mand for Sfs wheat TO-, to be god up to harvest
advise care in taking on long May wheat after
this bulge and would rather watch the market
it deyelop that to-day's commission selling of
May was for Armour accc"nt. Aside from the
manlpulative feature the export situation
f logan am te Stephens: Valentine told broker
1850, but don't know how long it is good for
1t was done so openly the boys suspicious
Winnpeg-Clear and fine, IS above.
above. " =. .'-:.'. .E.' $50. =. .' -. ).
EdfSU-Cledr anu peasant, 4Z aDOYe.. .
Gasselton-Clear and mild.
Fergus Fal1s-Clear and fine. =. 'E'f'",r. 4 r.
st. Cloud-Clear and fine. '5sE.' 5.'s y,aS :
southwest weather: Kansas City. clear 55
above; Atchison. clear 80 above Omaha, clear
40 ira above St; Louis ;,,S clear, Is 5s above; ,t
Corn, I'd to higher to kd higher
Decrease in worlds wheat supply since March
Chicago: Tabkeepers say Armour has bought
openly and e IL thru r. brokers about 100000 bu
freely also thru brokers h,t NOT
as he bought and it is only II o'clock. -
oSeS5a1sesMhest eoo oafs and -four $1,000 bu corn
New York wired There has been fairly good
nE Of our 5uy and
France Tesd pG5 buy
nony54 Dp5n4ksy to Wats9n.The fact that Armour has
prokers Ny opinion is he is simply playing a
pig pig scalping hand on bull side and milking mar.
n Chicago toL. T. sowle: There is an idea that
| for fortnight. and for several days it has
looked as II he was letting the crowd have his
Farnum says: Guess it is too early in the
upward movement of the market to sell wheat
Sentiment is SO bearish that no one will buy
the price is likely to advance more and T force
Berlin close: Wheat. 1sd higher. ...
Budapest close: Wheat * higher. | =
.Rycroft says: do not see anything to bull
4 wheat on. The advance is purely muscle n Le.
1 prospects are fine. lEs-7 S--s. -
Broomhall cabled Our. Argentin agent cables
| that heavy rains precent work in the fields
The advances in America yesterday caused a
steady opening in wheat with prices ed higher
During the morning the nearby delivery re-
malned unchanged but July made further gain
OF Ac on covering by. shorts induced by reports
i Of manipulation in Chicago May wheat An ad
ditlonal cause of the frmness the scarcity OF
l offerings Shorts covering in sympe thy with
4 the strength in wheat and fair speculative buy.
ing in the distant position caused opening ad
1 vances In corn Of * @Ad. During the morning
4 rue nearby delivery gained I'D further, but
1 July .eased of I'D 0se5g,1, ~ 4gN
st. Louis stocks Of wheat have decreased 343
00O since the fourth. Contract stocks decreased
10000 bu since then. l..E