The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-08
AZ Car of New Wheat In and Some
Business in New Stuff to
Arrive"
The Bulls Scared a Little at the
Prospect Of an Early
Movement -
Bullish Statistics and Foreign
q News of Little Effect at
Present.

Minneapolis Chamber Of Commerce. Aug S.
Wheat was close and narrow proposition TINS
morning as to price. September ranging irol4
s65sc to 81 hc, with trade light and the market
Inclined to stagnate around SIC. The north
west had rain, as heavy as los inches at
Moorhead, and there were showers predicted for
tonight, but this did not scare the trade, as
there was nothing to indicate continued ram
and occasional shower or SO would not 90
. much harm wet harvest would be serious
thing. but there is nothing in the present
weather outlook to suggest it. The government
weekly crop summary was rather bearish on
spring wheat. and advices came in here that
i were very favorable. The Van Dusen- Harrington
company got of spring wheat. and
Mccarthy Bros. did some business in the new
I stuff which served to force home to the trade
the fact that it is this new stuff that is going
to fix the price from now or The bulls got
some encouragement from decrease of 100000
I bu in local elevator stocks h'r three days, ana
decrease in the worlds visible supply OF
8,76l, 900. They also saw encouragement In a
lighter southwest movement only 1914 900 bu
I showing UP at Kansas Cig against $4,000
year ago and 149 900 at St. Lo,is against 1872 OOO
: Against this there were 457 cars in, Chicago
{ compared with 191 and 1873 cars In Minneapolis
] against 90. Duluth got 10 against So and Win
nipeg 63 against 300. Toledo had $4,000 bu in,
I compared with 5000 a year ago. -., g.. .s: r
Late reports of the threshil 9 out of
good yields Of winter wheat sown slast fall in
Minnesota, and of satisfactory returns In spring
wheat. 800 ~
Primary receipts, $4,000 bu against $1,000.
( Clearances, $4,000. 49, a,..e9 .
{ in India are not offering wheat, but are very
firm holders, estimates of wheat exportable sur
plus being reduced. Russian estimates of wheat
Ssurpus from 40, 100000 S. OOO, 900 bu less
than last year. Danube eXportable surplus est-
#mated about 16, COO, 600 bu more than last year.
Broomhals weekly foreign crop summary
says: United Kingdom-Wehther unsettled,
crops been little harmed France-Good prog
rAs been made with harvest, there some
complaints to yield and quality; several re-
sports say that the crop will not exceed the last.
ore n nj rpVa n
the quality of the crops of all cereals, but the
reports regarding the quantities are good Rus
sia-Reports regarding wheat crop unchanged;
the maize crop is suffering from drought. Ru-
mania-Bratla confirms the reports of serious
condition of maize crop lndia-Rains have been
auneYenly distributed. Acknowledgements tC
crop conditions favorable.
The weekly bulletin of the weather bureau
summarizes crop conditions as follows: Too
much rain proved detrimental in portions of Ne
braska. Kansas and Missouri, but in the Ohio
valley and Tennessee rain is much needed. Over
the central and western portions of the corr
belt and the greater part Of the middle Atlantic
states corn continues in excellent condition
and. while needing rain in the Ohio valley, the
condition of the crop in that district Is gen
orally promising, Ihreshing of winter whea
is largely completed in the principal whea
states. This work has, however, been inter
ruDted by rains in Kansas and complaints of in
Jury from moisture continue from portions O.
Tennessee and the middle Atlantic states. Pillow
Ing for fall seeding is in progress in the southern
portion of the central valleys. While rust il
spring wheat is more or less prevalent in tn,
Dakotas, and to a slight extent in Nebraska
Iowa and Minnesota, the reports generally in
dictate that the crop has not sustained seriou
injury. Harvest Is nearly finished in Iowa, an,
1s In progress in Nebraska and the southern
portions Of South Dakota and Minnesota bu
has not yet begun in North Dakota, where tn
crop is generally in excellent condition., will
long heads which are filling we'll. In Oregon
harvesting is active, with yields below expecta
= ttons; In Washington spring wheat is ripenn
rapidly and is beyond further injury from no
ew1nds. Nearly all reports indicate that a goo
crop of oats has been secured. Harvesting i
now finished except in extreme northerly dis
tricts, where 1t is we'll advanced