The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-10-22
December Sells Up to $1,000,
Then Falls Off to $1.18ss,
Closing at Low Point.
Lass Wheat Than Year Ago in
Minneapolis -Armour Re-
ported Selling.
Theory Now that John w. Gates
and Following Are Bulllng
-
-. Wheat.

Less Wheat sn Minneapolis than a year year ago nS
Started new uyng this morning and md sent the the
s SapRet w dee ed closing
s the Low pGn 65o o |he b gossip This his started
erot taking selling and the pressure was sr too
great Ths bears took heart ds when d 5ne Monday
But the the bulls conadsnt as eyer ;+h Mi9 as
sos had $50 ,na h nSaipSt against g.
S year ago on Monday Minneapolis had SIS cars
eparsoa win not e be yeTy under sear
40 the the Bulls viii probably be able to send the
sFsst up oG as5i9a ba
the total in store here 4,5e2,e7s bu a, At st.
louis Ffsspts fs IsoSS G S against
primary receipts totaled 1,944, 900 bu, against
OF 900 Wheat and flour clearances IOo,ooo
sale there is morning Of bu of 9rsgon
wheat to southern miller MAKING 4har ne.ds as
they find it Impossible to buy either soft winter
or hard winter wheat n,o,,ou sors tho
weuther continues favorable. Press dispatches
estimate the exportable surplus OF the new crop no
at 90 900, 900 bu, which compares with @e,1eo,VVo
b, shipped for the year ending Aug. l. World 8
shipments are estimated about the same as last
week There will be only moderate changes
Cash handlers at Chicago experienced slower
milling trade in wheat yesterday. sales being
only 900 bu Of mixed lots Sales OF corn 0nd at
Chicago were $4,000 bu, including loo, zoo pu
No 8 yellow. Gales of oats fere lo6,ooo pu'
No 8 white and clipped. At seaboard, exporters
sold IS 900 bu wheat, as, coo bu corn and oO,OoO
bu oats. -
The weather map shows light rains or snow
I'm Minnesota, general showers In Iowa, Illinois
and parts of the Ohio valley; generally cooler,
with clear weather south of the Canadian line;
light frost at Omaha and Evansville, and heavy
ut Davenport; showing at Marquette, Mich. In
the extreme north and northwest, 1t Is partly
cloudy 20 to SO. Northwest is clear except In
Minnesota Precipitation at Minneapolis, OS;
Duluth .O4. West and southwest generally
clear.
The forecast is as follows: Minnesota-Gen-
orally fair; cooler southeastn; rising tempera
lures. North and South Dakota and Nebraska
Fair tonight and Sunday: rising temperatures
lowa-Fnir and cooler; Missouri and Kansas
Fair tonight and Sunday. Illinois, Indiana
Michigan and Wisconsin-Fair; cool tonight an(
Sunday.
The Record Herald says: The apparently
unlimited demand for May Mt $1.13 thru houses
with Wall street connections has revived the
theory that John W. Gates and his friends are
opera TING in the market the long side ant
have accumulated big holdings of December ant
May. There others in the trade who be
lieve the bull side of the wheat should be at
tractive to the biggest financial interest In the
country and are confident the Standard Oil croWl
are in the market in large way. 1t Is certain
some big orders have been coming from the
east -
The official crop report Of PRUSSIA. Oct. y
gives the condition OF winter wheat at IS
against IS a year ago.
Australian wheat shipments this week were
5s4. 900 bu; last week, 72S,OOO; last year
100000.