The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-11-24
Rather Hard Matter to Hold
Wheat Down-0maha Road
Brings In Little.
May Closes at s014c and December
at 79c-Three Hundred Cars
Less Received.
The Worlds Visible Increases 1851,
600 Bu.-War Rumors Are
Revived.

Minneapolis Chamber of Commerce Nov.
ga falling off of $50 cars in receipts
at Minneapolis, Duluth and Chicago, made
the bears hesitate this morning and put
a halt to selling pressure In wheat. me
market turned firmer, sold up fraction
from the close of yesterday and held
steady. There was no increase in trade
and the pit was quiet almost to guinness,
the same condition existing In other mar
kets. Twenty below was the weather re-
port from Winnipeg. and the prospects
now are for continued seasonable weather
/ over the northwest. The movement or
wheat would be light indeed, but for the
Great Northern which is bringing IN a
quantity larger than usual relative to what
other roads are doing. The most remark
able showing is that of the Omaha which
is bringing in little wheat. On one day
recently the Omaha brought In only nine
cars and in the big run of yesterday only
As cars came in this way, not one or
which was No. l northern, and only NO.
2 northern. This light movement over the
Omaha has been the cause of some com
ment for the past several days. Some take
st to mean that the road is not encourag-
ing shipments to Minneapolis. preferring
to see the good wheat remain back that
the country mills on the line may not
have to cease operating later for lack OF
raw material. Others think the movement
will increase later, but they have thought
this way now for some time and instead or
Increasing it has grown so much lighter
as to attract more general attention. The
bulls say it Is all folly to try to explain
and theoriza about the matter, that there
is less wheat this year than last and that
lis all there is to it, and that the trade will
wake up to this fact some day.
To-day Minneapolis had $50 cars against
543, Duluth 504 against 65S, and Chicago
1877 against cit. Chicago had really 329, 900
blu in but this included cargo sent from
Duluth to Chicago by lake and so the larg-
er figures did not afford fair COM
parison. Duluth shipped out yesterday
632. 900 blu, and it looks like a big decrease
there this week. Kansas City had 278, 900
bu against 119, 900, and st. Louis 1876 600
against 81, 900. Minneapolis elevator stocks
have increased by 3s5, 900 bu SO far this
week.
Primary receipts 1,515,OO0 blu against
1877 900, shipments 1,109, 900 against 601,
600 Wheat and flour clearances, 333, 900
blu.
Bradstreet's figures an increase of 5,63l,
900 bu in the worlds visible of which
1921, 900 bu Is In the quantity east of the
rockies. and 2,400, 900 bu in Europe and
afloat for Europe.
Following is a condensation of the
weekly foreign crop summary:
United Kingdom-Fall seeding prog
resses but slowly.
France Germany, Italy Hungary, Ru-
Ilduld--IIiS WSdIll6T lAhC past "SCN
has been generally faye sbis and. crop re-
ports are satisfactory.
Russia-There has SIN good falls Of
snow except In the hr where in some
districts the dought PFC jntinues.
Spain-Crop conditio. are generally still
doughty and seeding is more or less de-
layed
North Africa-Good rains have fallen
and prospects have improved.
Inda--The condition of the wheat crop
continues very favorable.
Australia-The recent fine prospects are
maintained. There is good chartering of
vessels for the coming crop.
Runors of war between Russia and jap
an were revived and had some effect in
Chicago where shorts covered.
New York had fifteen loads taken for ex-
port
Liverpool closed I'd lower
December closed at 79c, gain of &c
from yesterday. May closed at SOAc and
July at 79a@79Sc.
The cash market was active and firm
around SOas @SO1sc for No. l northern and
7Sc to 7S1ac for No. northern. Wheat
to arrive was In good demand.