The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-11-01
They Raise December Wheat to-
$1.1611a Other Bull News
Also Comes In.
Receipts at Duluth Very Light
and Also Light at Min
neapolis.
st. Louis the Center for Dis.
semination Of Dry Weather
Reports.

+. & Fl J.. ( So Z j.
Minneapolis Chamber Of Commerce. Nov IL
big falling off in receipts at Duluth was the
feature In wheat today. Less than half the
quantity received year ago came in at the
Minneapolis fell off somewhat as well, having
only 431 cars against ATS, that the northwest
showed In al al cars against 1,117, drop Of
31o cars. This not encouraging for the
shorts. Chicago had so per cent of last years
total, or 1o1 cars against 2O6 while the sauth-
west showed only 1020O bu at Kansas City
compared with 101000 look at Winnipeg
showed 675 cars In two days, of which PAL were
Of contract grade and 4s4 cars low grade, and
look at the visible increase Of 1880 900 bu re-
ported yesterday showed that about !, 600, 900 bu
of this grain was at Port Arthur and 5000
bu In our country. We have therefore, six
day period just behind in which prices were
still high enough to draw in wheat, in which
there was only fair flour trade and practically
no export trade in wheat, yet stocks in tha
American visible increased only about 800 600
Blu. The bears naturally felt that 1t might be
well to go little slower in pressing the market,
especially in view of higher cables said to be
due to less favorable Argentine reports, dry
weather In the southwest and the fact that big
traders like ]. A. Patten were out with bullish
interviews, while Valentine was back in the
Chicago pit buying little May wheat.
The southwest has sent number OF reports
of late Of dry weather. It is not thought that
this Is important enough to warrant much atten-
ton, but the trade is watching it something
that might develop into strong factor st.
Louis Is the center Of dissemination for these re.
ports. Hessian fly is also reported in places.
Minneapolis stocks have increased 100000 bu
90 far this week.
Liverpool closed ss@Ad higher.
Wheat and -four ciearances, $4,000 bu.
5t kiowa, Kan, wired that winter wheat Is suf-
fering for moisture.
The Bradstreet's report showed an increase east
of the Rockies of 1891 900 bu and an increase of
300, 900 afoat, total worlds visible increase of
1851 900 bu.
Just before noon came a scare, and, wheat
ran up quickly on it. Rumor had 1t that the
English fleet had cleared for action, that the
Russian feet left Vigo without notification to
England, and that complications of serious ma
ture likely.
The following letter was received from We'll
hngton, Kan: In our opinion. wheat is looking
bad. We were out over the country yesterday
and we noticed that great many pieces are not
up at all, and number of places where wheat
has come up and Is dying In spots. The farmers
are complaining very much about their wheat
dying. and quite a number resolving, and
number say they cannot afford to take chances
seed, until it rains Wheat generally is put in
bad condition az the ground is rough and cloddy
and turned under with heavy growth of
vegetation. and the ground did not settle down
well; therefore, it has dried out considerably
more than If the ground had been cleaned and
settled we'll. Unless we have rain before cold
weather sets in, we will have the poorest pros
pect at this time for many years"
Broomhall weekly foreign crop summary:
United Kingdom, France. Germany, Italy. Spain
Conditions continue generally favorable for fall
growth. but more rain lie needed districts
being very dry. Austria Hungary, Bulgaria.
Crops growing we'll. Observation-Disclosures contin-
mes favorable. Supplies of wheat liberal but
firmly held. Russa-Crop outlook generally IA
vorable, stocks at ports show moderate increases.
1ndia-Conditions favorable; shippers predict
tinued liberal shipments
Primary receipts 1,041 900 bu against $780,
900 bu. .a- .--. 70. a-.. ~
Forecast: Illinois, Indiana, Missouri Michi-
gan. Wisconsin, Iowa, Minnesota-Fair tonight
md Wednesday, moderate temperatures souther-
ly winds Dakotas, Nebraska, Kansas-Fair,
moderate temperatures; southwest winds.
December closed at S1.15& @1.15h and May
at the price.