The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-01
Over 100000 blu. Turned Over
on December Contract and
Paid for by Some One.
Foreign News More Strengthen.
ing Liverpool Firm on Bad
Argentine News.
Many Reports Coming from the
Southwest Regarding Win
ter Wheat.

81 Minneapolis Chamber Of Commerce, Dec. L.
Gables firm at the start and closing I'D higher, |
and advices of Strengthening nature from Liv-
srpool concerning Argentine weather put wheat
up cent very easily to start the new month,
and December came In with the bulls feeling
better than for long time. With this there
were early reports of heavy deliveries, and it
developed that about 1000, 900 bu of wheat were
taken over Just who took this wheat and paid
the cash for 1t was what no one could tell, but
At was later reported to have gone principally to
millers. but this was probably not the case, and
it is believed some big outside interest came in
and took It, Whether it meant anything impor-
tant was the next question. Everyone could see
that 1t meant desire on the part of some one to
get the good stuff, for with over 10, 600, 900 bu
Wheat now in store here only little over 2,ooo,-
900 bu Is contract wheat. Hence, said the bulls.
the wheat may be piling up, but it is not good
wheat, and so does not count for so much. This
had no great effect however for even while
to $1.12h the report for five days of this week
was issued and it showed increase in local
stocks Of 1.0S0,000 bu. Here there is II. 0O0 900
bu wheat In sight for Saturday next. against
1927 600 bu Dec. last year. Against this
1t has been n hard matter to make sentiment
hullish, for traders see the wheat accommodating
and. while 1t may not be very fine, they see that
It is wheat and Influenced accordingly. A
falling of in receipts would be another matter,
and yesterday and today there decrease.
but the trade has been disposed to view this
as only temporary and to look for larger re-
ceipts again.
AInnea polls received 454 cars against $40
year ago, and Duluth 1870 cars against 122.
Chicago had al cars against 1873. Kansas City
~. 900 bu against $1,000 and St. Louis had a
holiday. 49,
The Price Current SAL No notable change in
weather conditions, but time not vet reached
when positively discouraging view is called for.
Fnlarging corn market not likely to seriously dis
turb market conditions. Aggregate yield indica-
lions unchanged. 49,. -,.s..>
Primary receipts, 7ss, 900 bu, against 1,os7,-
900 year ago. Wheat and -four clearances,
164. 90 bu
The southwest sent number of long reports
summarizing the situation. follows:
Walker City. Kan.-Twenty per cent Of the
wheat back in farmers hands Prospect for
new crop about same year ago.
Whitewater. Kan.-Prospects for growing crop
70 70, per cent as good as year ago; Is per percent cent
stock about as a year ago.
Vining, Kan.-Extremely dry; fly In wheat:
hard to make comparison; rs per cent less
wheat in farmers hands than at this time a
year ago. Think about 20 per cent still back.
Canton, Kan.--Prospect for growing crop rs
per cent poorer than year ago.
Turen. Kan.-Prospect very poor.
Hastings, Neb.-Growing wheat looks very
bad. Promise so per cent worse than year
ago. Twenty-Five per cent back in country
Stocks in elevators much smaller than at this
time last year.
H. L. Nicollet Of Kansas City wired: Dry
weather complaints becoming serious
daily. Reports from forty stations the Mis-
souri, Pacific show serious damage in half
dozen southern central counties, with fair goot
condition elsewhere. Anxiety over dry weathe,
Is general and farm deliveries were very small
yesterday. Snow furries predicted for Kansas
but not much promise Of relief u
Peabody, Kan. says Promise az good al
year ago. Thirty per cent old wheat in farmers
hands. No wheat at all in elevators. No rail-
Tor two months.
a Tampa. Kan. says: Prospects not nearly s.
good as year ago. Too dry and fly damagn,
the plant. Do not look vel at all, having YER
yellow color. Not over l per cent back Ii
farmers hands. Milling stocks about same a
year ago Last rain in August. 1928. r.' , -
Winfield Roller Mills, Winfield, Kansas SAYS
Prospects very poor as compared with year ago
~. twenty per cent back in farmers hands
q Milling stocks about same as last year. No ger
eral rain since July, and no rain at all durin
q last sixty days.
December closed at s111A @1.11ss, and Ma
o at $1.071a @1.O7B.