The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-01-20
LCith the Grain Brokers;
Present Market Conditions

OF II. would indicate that Armour was liberal
buyer The May opened at SS&c and was strong
fore.
May corn went to a new record high price for
this crop yesterday, too. 1880. &c above the
top price last week. Bartlett, Frazier & Co
continued liberal buyers yesterday 1t is the
general superstition that this firm represents
as much, perhaps. a 10000 900 bushels the "a 81
wv %eek There Snt t5 Is still good deal Of bush talk
tnue to advise against taking the long Side
going to come along one Of these days
While other grains have been on edge since
war became a possibility in the far East there
has been singular apathy in rye In view of the
fact that small reserves were carried over from
the previous crop. making stocks unusuauv
small. people in the grain trade especially in
terested in rye think there is more reason mr.
excitement and big advance in rye than I'm anv
other cereal. The Blodgett Milling Comnanv
of GAINESVILLE. Wis, makers of rye Aour Nh
take this position, say in a letter 10 a Local
house: Russia grows more rye than ali 30 -
rest OF the world together (about go per cent of
the total worlds CROP, and the worId's
greatest exporter Of rye, shipping each wear
many times the total crop of the United States
Russian laws prohibit the expOrt Of h-aag3et,, g.
of any kind the moment is declared wiz
Russia out of the market as an exporter ~
their supplies Of rye must look elsewhere For
instance, Germany, the second largest rva ~
ducing country in the world about 20 psr cent
OF OF the WORLDS crop imports each year more
than the total crop OF the United States and in
TINS connection We must call your attention 70
the fact that at the price I'm those TO-
eign countries rye bread has the preference over
wheat bread - S 0'ei
There was a sharp falling of in SHIPMENTS NJ
wheat last week from Russia and the Danubian
countries only 1900 bushels from Russia. COM
pared with 900 bushels the week before ana
only $1,000 bushels from the Danube. comnared
frozen over last week. which NAV account fo-
the falling of there. II is the time of wear when
the Russian shipments would naturallv decreasa
although port stocks are said 10 he Iarga -.
the bare possibility OF government interfaraDo ~
nth shipments because OF the prospects 81 yla :
gave the matter a special interest Shinnents
only. compared with 1,016000 bushels last reeI-
The American shipments comprise CONSIDER hI,,
over halt the total, which dropped nearly OO0 0oo
bushels from the preceding week 53f4 900 bush
fore and sos 900 bushels the corresponding ueel
last year. For some months shipments have haen
considerably heavier than for the previous wear
q. r. Grove Of the Northern Elevator Com.
pany OF Winnipeg. OF the best posted men
In the Manitoba grain trade, says OF the con-
diton Of supplies in that country: 1--WE had
small CROP every knows now and re-
ceipts have been running light From our re-
or wheat back In farmers hands above what
Is needed for seed TO come forward the res;
OF the crop year. With the stocks at terminal
points and in country elevators this will make
demands of milers should Increase Our prices
firm"