The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-11-04
Good Weather, Lower Cables,
Slow Export Trade and
Larger Receipts.
Slow Cash Demand, Dull Flour
Trade and Heavy Argen-
tine Shipments.
Dry Weather and the Hessian Fly
the Two Important Bull
Features.
Minneapolis Chamber of Commerce, Nov.

MINNEAPOLIS Chamber of Commerce, Nov. A.
Wheat sagged for lack of new bull influence
and fell to $1.14B for December early In the !
day Good weather and easy foreign markets
were enough to start it going. and heavy Argen-
tine shipments bore upon it also. FOR the
week past, Argentine sent out 1,2SO,OO bu
wheat A week ago the total was $4,000 bu,
and year ago at this time, $4,000 bu Inc
movement to market in our own country was
heavier relative to the earlier days OF the week.
and did. not make so bullish comparison win
. the total of year ago, Minneapolis even run.
ming ahead of last year with 500 cars against
cit. The southwest received $4,000 bu at st.
Louis against 100000 bu, and 10000 blu a Kan.
sas City against $4,000 bu. Duluth had 23S
ears against 249, and Chicago 40 cars against
1 1o7.
Minneapolis stocks will show increase this
week of about 100000 bu.
The first approximation of the extent OF the
Hessian fly infection found in the Record
Herald article quoting NicOlet OF the Kansas
City Star, who says that Of the wheat area OF
Kansas Nebraska, Oklahoma and Missouri from
25 to SO per cent shows the presence OF the pest
This takes note of the Ohio valley or Illinois,
but the fly is present In places in the Ohio val
ley, and this morning Girard and Cairo IL,
were sending reports Of serious fly damage The
trade recognizes this Hessian fly development as
something that may develop into an important
bull influence; something to be carefully watched
evan tho not alarmingly serious to date.
The quality Of the spring wheat crop Is still
the Subject of free discussion. The big end Of;
the daily into Minneapolis goes No. 3 or
lower as shown by the inspection table. Yester-
day one Of No. l hard showed up, 46 No.
northern and SO Of No 2. Of No. s there were
124 cars, Of No. T.. 1922 rejected 90 and no
grade 80. The Northwestern Miller, in re-
cent report, estimated 16 per cent Of the crop to
run No. j northern and SO per cent No. 2 or
81 per cent of Nos. and g. a, The percentage
of high grades will have to increase materially
If this is to be borne out, for the September and
October receipts show only about 80 per cent of
these grades.
showed: No. hard, car; No. northern, 3e;
No. 2 northern, SO; No. northern. 70; No. 4.
ss fees 4 No. rs = ao 40; no grade 81 No.
King OF Toledo makes the Ohio winter wheat
condition 81 against 81 year ago. and the
acreage 80 per cent of last year.
BroomhalPs agent has been travelling thru Ar
gentine and has covered Entire Rios and Santa
Fe, in which two provinces lie about one-half the
total acreage. He reports the wheat looking
splendid.
Total primary receipts, 1.112ooo bu, against
1,134,000 bu.
The Modern Miller says: Drought conditions
have prevailed quite generally thruout the win
ter belt. In some sections. notably In the south
east, complaints Of retarded growth or inability
the prospects good, as the plant is making
seasonable progress Hessian fly Is reported IN
early sown wheat and some damage Is being
done but this yet has not developed Into
anything serious. large acreage Of winter
wheat Is assured.
Kansas City wired: An official of one Of the
line houses reports receipts at stations yesterday
were about one-quarter of what they were last
week. '...
Watson had the following from New York:
"Absolutev no demand for United States wheat
for export There is hand-to-mouth demand
for the better grades of Manitoba wheats for
mixing purposes for general business Prices
are 21a @3c too high. Portugal Is buying small
lots of Manitoba wheats and will take little
from time to time. but getting most OF their
requirements from Russia and Argentine. Best
exporters look for good demand In spring from
the United Kingdom for the lower grades of
Manitoba wheat"
December closed at s1.13A and May at
S114M