The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-23
LLith the Grain Brokers;
Present Market Conditions

900 Blu. Including the stocks at Port Arthur, the
total is now 34,567.0 900 blu. compared with as
are Slightly more than 900 bn un see
the total year ago. The amount the lakes
600 blu reappeartng afioat in the Buffalo harbor.
while In spite OF the unloading of 425 900 bu at
large corn handler at Des Moines writes:
We find In our immediate territory that feed
ers are not getting all the corn they need on
the basis of CSC and are now paying as high as
3Sc and 4oc for corn. We are beginning to
believe the corn crop all has been much
overestimated by the government and are now
ready to believe that the total corn crop this
fall will be less than 1000, 600 900 bu and that
the surplus corn States will be the ones show
Ing the greatest deficiency in yield The quail
ity Is also far from good on an average Unless
there is radical change on the disposition OF
next month shall not be surprised to r., see see
your May corn In Chicago sell &c a bushel high
had for at least three months good e roads Dads
and favorable weather without severely had
storms S IS to interfere with the movement of grain
ingiy meager fer this time Of the year. 1t looks
to US as though the farmers in the corn belt
are financially able to hold until such time as
they are ready to sell. and we do not believe
fne farmer In the corn belt win sell his corn
TWO or three months at least"
T
The export demand for wheat Is less urgent
this week than last. The export acceptances
Monday were small. and yesterday only 1ss 600
bushels were reported taken for the other side
The The increased export demand last week. amount
the latter part Of the week. was the leading
bull factor. But this influence for higher prices
wheat market the present week. unless the for
eign acceptances increase considerably during
Clearances yesterday-wheat. $4,000 bushels;
flour. Y. 900 barrels: corn $4,000 bushels: oats
1900 bushels; wheat and -four. 4sl 900 bushels.
? 2
The visible supply statement shows the stocks
Of wheat at Minneapolis to have increased more
than 100000 bushels the past week. The Min
neaIolis stocks on Saturday amounted to 1885,
600 bushels. as compared with ssii 900 bushels
Saturday. Dec. r. The increase at MInneano,,.
and at Duluth and Chicago also In the raro -,
the continued decrease in the Northwest receints
The mills In the Northwest especially AZ M,n-
neapolis. have to curtail their Operations To a
the stocks increasing. with decreasing recsin,s
The Minneapolis cars yesterday were 35s sgains,
$50 the corresponding day last week
While the Northwest receipts con,,r,. - a.,
decrease the st. Louis and Kansas City recein,s
continue to show substantial increases tn. 9,
Louis receipts yesterday amounted to IA ooo
ousneis: against lzscoo the same day last week
and 4Swo bushels the same day last year. kan
sas city showed the largest Southwestern a.
crease yesterday. Its receipts amounted r. COZ :
600 bushels. against 2ss.oo0 bushels the CORE.
spending day last week and 240OO bnsba,s 80.
corresponding day a year ago. t'ie
There was pretty active trade in May whea,
on the Chicago board yesterday within a small,
range There was almost no trading in Decem-
Der. and only small trade in July The range
In May was from S2i1c to SIC. The range in
December was from 797sc TO sokc. July fuctu-
ated from IKE TO TIC. a year ago yesterday
the range in May wheat was Ac and the close
77Lc. The range I'm December year ago was
the same as yesterday with the close at 74kc.
The July option year ago nuctuated just nc.