The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-08-27
Closing a Shade Higher for All
Options-Van Dusen. Sum-
mary Favorable.
A Killing Northwest Frost the
Thing Now Most Feared by
the Bears.
Duluth Reported the Sale OF 80
- Loads Of Manitoba Wheat
for Export.

nrinnaano1is Chamber Of Commerce,
Aug 27-Wheat stood up well today' ana
while the regular Saturday selling out
was a feature, and this pressed the mar
ket down from opening hlgh points .ne
close was higher in all options. In chi
caeo the pit crowd got short of wheat
around $109 for May and, on the appear
ance of little commission house demand'
covered causing a rally. The van busen-
Harrington company was out with re-
port showing good many iayolapie
threshing returns in Minnesota and South
Dakota, and this had some effect Few
cared to sell the market, however. and go
short over Sunday, tor all reanze tlaG
a heavy frost meanwhile might start
big boom to open the week. There was
scarcity of important news, the puis
having apparently exhausted 1T yesterday.
Much will depend upon the weather from
now on, as killing frost Is the one thing
most feared by the bears, and should 1t
come new high points might easily be
made in December or May.
The weather map is very faWoraple.
showing no rains. Temperatures In th@
British northwest and Manitoba, 46 to
SIS; North Dakota, so to 60; South Dakosi,
so to "a; Nebraska, so to &c; Minnesota,
81 to "a; Iowa, Sc to 60; Kansas. 80 to
e. Missouri, 60; Illinois, So to GO. The
forecast is a favorable one For the Da-
kotas-Fair; cooler Sunday Minnesota
Partly cloudy; possible showers northeast;
cooler west. Nebraska, Missouri, Iowa.
Kansas, Illinois and lndiana-Fair and
slightly warmer. Wisconsin and Michi-
gan-Showers; partly cloudy.
According to a message from Mattoon,
ILL., the first frost of the season and the
first August frost in that vicinity since
1864 was reported yesterday morning. The
average date for frost in the northern
district of Illinois is Oct. IL; central,
Oct. Is, and southern. Oct. 1S.
Southwestern receipts ran up again
pretty well, ST. Louis getting 1853 900 blu
against $4,000, and Kansas City 100000
against Isl. 900. Minneapolis had $50 cars,
i against 2S6. Chicago had IS cars and
Duluth "a. At primary points the totals
were $4,000 bu against $4,000, and ship
ments were 405, 900 against 467,00o Wheat
and flour clearances were 64,0 900 bu. Min
neapoIs elevator stocks decreased 4O4, 2o3
bu for the week, leaving 2,4S7,303 in
store.
Chicago cash houses bought consider
able wheat in Oregon and Washington last
night in anticipation of high prices for
futures here today and good opportunities
for hedging sales
Broomhall estimates the worlds ship
ments Of wheat next Monday at about
100000 blu, or a little less than last
week. tra gslt.
Near the close Duluth reported the sale
of 80 loads Of Manitoba wheat for export.
Kansas City wired: Just talking to a
road man from a trip in western Kan
sas. He says receipts here will surely
show decided falling off as soon as stuff
headed this way is disposed Of Ele-
vators in that territory are practically
empty and little wheat is coming in.
Farmers are all 81 bulls and holding their
stuff Mills out there bid yesterday csc
q track for wheat, 81 pounds or better
test"
December closed at s1.oeA, May at
a.119s and September at $109h.