The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-27
The Southwest Soaked Again
Over Sunday and More Rain
Predicted.
The Northwest Also Getting Too
Much and the Growth
Retarded.
But Not Enough New Buying to
Hold Prices July Of to
925sc.

Minneapolis Chamber Of Commerce,
June 27.-Too much rain is still the cry in
wheat. This morning there was heavy
precipitation shown over wide area that
had already had q thoro soaking. The
reports of excessive rainfall come from
the southwest principally, but the north
west Is getting an oversupply as we'll. This
is the main bull feature of the movement.
On these reports the market settled into
a waiting mood, July wheat fiuctuating
slightly between 93Bc and 93kc, and
September between SIS QS2c and S11ac.
The trade is watching the weather very
closely. The southwest denies any serious
damage to wheat and claims the only
bullish feature to lie in the delay, in the
movement of the new stuff. Kansas city
had cars new red wheat and cars new
No. hard. Knoxville got a car of new
Tennessee wheat an dit sold at 81. There
is fear that the receipts of new wheat will
be very light and that there will be a
scramble for the first lots In, but the
trade is inclined to go slow about buying
until it can be seen whether there will
really be serious delay or not
The weather map shows about inches
Of rain at Oklahoma City, inches up to
am. Sunday, and 90. according to this
mornings map. There was heavy fall
at Wichita Kan, and 30 at Dodge City.
Springfield, Mo-, had 1.7s and there were
light showers in other parts Of the state
and 1t was raining this morning. Cairo.
Ill, had over ~ inches and 1t Is now
raining at Springfield. There were gen
eral rains in Texas and In the northwest
portion Of Manitoba. Temperatures are
higher northwest and lower west and
southwest. Sundays map shows scattered
rains In Kansas Missouri, the Ohio val
ley and the northwest In the extreme
north and northwest 1t is partly cloudy
Al to So; precipitation .08 to "A. The
northwest is, clear, S. to 81; the west clear
except Illinois, where it is generally
cloudy 60 to 6S; precipitation .02 to 1.56,
and raining at Springfield.
Northwest crop advices are not so ia
yorable as formerly. Rains have started
fear of rust in southern and central Min
nesota in case of a clear-off hot and dry
The valley Is said to be two weeks back
ward and three weeks behind time in
some sections.
Receipts here were 37S cars, or the same
as a year ago. Fifteen cars were in at
Duluth, against IS, and Chicago had t. =,
against %. Kansas City received $4,000
bu against $4,000, and st. Louis $4,000,
against $4,000. Primary receipts $4,000
blu, against 495, 900; shipments $4,000,
against $4,000.
The visible supply decreased by 1884,
900 blu.
Cables were a disappointment to hold
ers Liverpool opened up firm, but was
only I'D up at the close and continental
markets not strong as had been
expected.
Clearances, $1,000 bu.
Following is the forecast: Kansas, Ne
braska, Missouri, Iowa, Illinois, Indiana
Showers tonight Or Tuesday. North and
South Dakota-Fair. Minnesota-Increas-
ing cloudiness Tuesday, with possibly
showers in northeast portion Michigan,
Wisconsin-Fair tonight; warmer Tuesday.
Thirteen loads were reported sold for
export at New York.
July closed at 925s @92Ac; September,
size; December, 1850.