The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-07-28
September Starts by q Squirt to,
y Above 77ssc and Then Says 3
Off Slowly.
Corn Still the Bull Factor and AL
:. = Watching the Kansas I
Weather.
Spot Wheat Shows Strength-Some
\ Export Sales To-day at
Duluth.

Minneapolis Chamber Of Commerce,
July 2S.-Altho there was less in sight
this morning on which to bull wheat and
the crop situation on the whole appeared
more favorable to the bears, there was a
repetition of the early buying activity OF
yesterday and September sold to IT'S %
7T1c in short order. Liverpool was up
again, coming SD higher on second
cables. and Paris 25 to 40 confines
higher. This was thought to be another
prompt response to our strength, but the
Broomhall cable coming along later said
The advance was due to rain in France,
and a.turn in the weather in Russia max
ing conditions less favorable for harvest
ing. The southwest had new reports OF
damage to, corn, the principal one coming
from the Southwestern Grain Growers
association at Topeka, Kan. This stated
that the hot wea Their and hot winds have
affected the corn seriously and that ma
terial damage mas been done. Naturally
corn was, stronger and higher. Wheat
followed and some shorts in both wheat
and corn came in again and helped the
rise. Later there was a, prediction OF rain
over KANSAS and all markets eased off a
little, Minneapolis September wheat to
1850. ~-' -. F. x:
Northwestern wea cher conditions were
favorable. There in fact less bull
enthusiasm here than in the southwestern
markets. The receipts here were a trifle
above last year; 200 cars against 1862 cars,
Duluth getting "a against &c. Kansas
City fell off again with only 253 cars
against 4S4, and st. Louis had only 129.-
900 bu, aga inst 264, 900 bu. Of the Mime
epolis receipts good part Cts cars) was
winter wheat. Stocks here have de-
creased about $4,000 blu. SO far this week.
The, Iowa crop bulletin for the week
ending July II, reads In part as follows:
"Over the larger part of the state ideal
weather conditions prevail, and farmers
are now harvesting hay and grain. In
the southern districts the harvest is prac-
tically completed and threshing in pro-
gress. In the northern districts work is
well advanced with varying reports as to
quantity and quality Of small grain crops.
The corn crop has made substantial gains
IN allf districts altho IN many localities In
the southern and eastern sections copious
showers would be beneficial"
SBradstreets' report showed an Increase
of SO, 900 bu. In the worlds visible supply.
The quantity east Of the Rockies in
creased by 10000 bu. and the quantity
In Europe and afloat decreased by 100,-
900 bu. ...-. o.
Primary receipts were 1874. 900 blu against
1,41s,oo0, and shipments, 29s,O0o against
b85, 900. Wheats and flour clearances,
1000 bu.
The government weekly review was
strengthening but the market had dis
counted it in part and eased off despite it..
A significant report came along near the
close to the effect that eleven loads were
marked at Duluth. This would Indicate
that the: market is. not far upon an eX-
port basis after ALL "4f.E H.
Observation-Disclosures at 761aosfor sSeptem-
Der.
In the cash market the feature was
again the difference between spot wheat
and wheat to arrive, which continues to
widen. The spread to-day was 31Rc, spot
No going at $50 and No. to arrive at
$50. Other grades sold well, No. 2 north
ern going at S61h@S7c.