The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-05-27
The Winter Wheat Is So Thoroly
Soaked That There Is Some
Fear Of Rust.
The Speculative Market Marrow
and Uninteresting, but
Very Firm.
Worlds Visible Decreases 1854, 900
Blu. and Minneapolis Stocks
$4,000 Blu.

Minneapolis Chamber Of Commerce May 27.-
Too much rain was again the cry III Wneat tnls
morning The country has had soaking from
almost one end to the other, and the talk now
Il that in some portions OF the winter wheat
area there is likely to be rust scare later on
Heavy rains fell over the spring Wheat country.
In the east where drought reports have been
rife there was good wetting down, New YORK
state getting it all the way from Albany to But
falo. The later reports however, were OF o Ia
fair relief, and some points We're still dry, tne
rains having dwindled to showers in a few local.
ties. Iowa and Nebraska getting too much
rain to give the best results, as Is also Kansas.
Broomhall cabled that the French government
has refused the formal petition OF the cnamner
Of deputies for remission Of the import duty on
wheat which dissipates the little bull sentiment
that had been stirred up on this poss1plllty.
Paris has fine weather, but Berlin is rainy.
Primary points received 255,O0O bu against
$4,000 bu and shipped 25o, 900 bu' against 20
600 bu. Minneapolis had az cars, against 119,
and Duluth 16 against 10. Wheat and nour
clearances equaled 1874 900 bu
Minneapolis stocks. up to this morning, snow
decrease Of about 1856, 900 bu.
Bradstreet's figures show decrease or 80
600 bu in the worlds visible supply, which was
not bullish at least 1000, 900 bu decrease had
been expected. East of the Rockies the de-
crease was 4,734 900 bu while the quantity in
Europe and afoat increased by 900, 900 bu.
Snow has "a reportr out giving the winter
f wheat condition at IS against 93 year ago, and
placing the springw heat above 95. The spring
wheat acreage is said to be up to last year. On
$4,000, 900 acres in winter wheat Snow figures
The Missouri crop report reads as follows
pa Frequent rains have greatly retarded farm
work, except in portions of central and eastern
sections. Very heavy rains have fallen in a
number Of western and southern counties, the
total for seven days ranging from three to four
inches, and In few counties some corn has been
washed out and crops bottom lands damaged.
From one-quarter to one-holf of the corn crop Is
vet to be planted in the northern counties, and
considerable repanting remains to be done in
many southern counties. Corn generally is com
Ing up well in the northern sections but much
damage is being done by cut worms. In the
southern sections much early planted corn came
up poorly, but that planted lated has good
start and is doing we'll Frequent showers pre-
vented cultivation and much corn in the southern
counties is becoming very grassy. Oats gen
orally in good condition and making favorable
progress
The market closed quiet and steady, July a
Z 77hsc September, 70@7Ohc.
There was enough demand for wheat to ar
rive to make this the feature Of the cash market
and while there were only 90 cars Of wheat in
and not all Of that was sale, there fai
trade in cash wheat No. northern to arriv
brought Soc, and for choice lots fraction over
No. northern to arrive brought 79@7eAc. TIL
spot offerings were quickly taken at prices abou
7 the same as to arrive.