The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-06-07
Twelve Loads for Export and al
Big Worlds Visible
Decrease.
The Weather Improving but Still
Too Cool and Wet in Many
Districts.
Foreign Crop Summary in General
Favorable to Good
Returns.

Minneapolis Chamber of Commerce. June
F.-Wheat stuck at 94c this morning, and
would not go under, altho there was con-
siderable selling, in small way, at the
opening. Moderate receipts and de- |
crease of 4,076, 900 bu in the worlds visible |
supply were features to discourage short
selling Later on the market moved us
almost cent, then halted under 95c and
turned very dull. Trade was light for the
day The Illinois crop report was bearish
in tone and reports of improving weather
conditions were received early, but the
forecast was not wholly favorable. and
the need Of warm, forcing weather Is be-
ginning to be felt. In Chicago; a Board
OF Trade man just back from Winnipeg
was talking 80, 900, 900 bu for the Canadian
northwest and in Kansas City the men, I
bers coming In for the Kansas grain deal
ers' meeting were expressing more favor
able views than had been heard Of late.
East of the Rockies, Bradstreet's says, !
wheat decrease Is 2.276000 blu, and In Eu-
rope and afioat there is falling Off of !
100000 bu. s~
Receipts were not heavy anywhere. Min
neapolis received 1862 cars, against lit;
Duluth 40 against 81. and Chicago 3S
against 4e. st. Louis got $4,000 bu.
against 1000, and Kansas City $4,000, with
no report for a year ago.
Clearances of wheat and flour. $4,000
bushels. t..
The Daily Trade Bulletin figures the
worlds available wheat supply to be 49,
100000 bu, against t54500,00 900 last month
and 120, 400, 900 a year ago. ,..
Cash business In Chicago yesterday was
1000 blu of No 1 northern at 81, and 5000
bu at 99c in store, and 10000 blu of No.
spring at SIC. Sales of corn were only
in small lots. The seaboard at the close
reported 900 bu of wheat, 80. 900 bu Of
corn and $4,000 bu Of oats sold for ex-
port
The weekly foreign crop summary reads
as follows: United Kingdom-We leather
continues most favorable France and
Germany-Occasional complaints being re-
ceived and prospects are rather less bril-
liant A French authority estimates that
Is per cent of old crop of that country viii
be carried over. Italy-On the whole, the
crop Is progressing favorably. Rumania
Weather continues unfavorable. and the
wheat crop will be short; corn also needs
rain. Bulgaria, Turkey-Owing to con-
ttnued drought, crops are reported lost in
some districts. Last year Bulgaria raised
56,ooo,00O bu, this being the largest on
record. Turkeys crop is small
Primary receipts $4,000 bu. against
10000; shipments 253, 900 against $4,000.
The weather bureau weekly crop report
says: With the exception Of some weedy
fields In South Dakota, spring wheat is
promising in all districts. Winter wheat
has suffered somewhat from heavy rains
In portions of Oklahoma and Missouri,
elsewhere the crop HAS duVdHCcu ldVOI-
ably, but the outlook over the eastern por-
ton of the winter wheat belt continues
unpronising atho more or less improved
in the Ohio valley and the middle Atlantic
states. Over the western portion Of the
corn belt the growth Of corn has been
checked by lack Of warmth and sunshine
and it is much in need of cultivation
while in the central and eastern districts
planting and replanting have been delayed
by rains. Oats have made vigorous
growth thruout the central valleys anC
the middle Atlantic states and genera
Improvement in the condition Of this croI
is indicated in nearly all districts. Seed
ing is now practically finished in the ex
IRENE northerly section and harvesting
continues in the southern states
Twelve load swere reported sold for ex
port and this helped the advance near tn
end. July closed at 945s @94Ac, Septem
Der $3.50 and December 1880.