The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-10-18
Someone Wanted the Actual Stuff
Bad Enough to Pay
85c for It.
Enormous Flour Movement -1O1,-
85S Barrels Sent Out Yes
terday.
News from Every Quarter Favors
..aagTaintenance Of Present
Prices.
additional Markets to Be Found on
Page 81 -.-'-".

Minneapolis Chamber of Commerce, Oct. 1S.-
Ali early Geographic items coming in on wheat
were favorable to strength and local ngures
ran the same way. With only 877 cars IN
here against 53S, there was much conjecture.
Whether it could be attributed entirely to car
scarcity seemed open to question. me Ola
stories Of elevators filed to the roofs were
revived, and In view Of the quantity OF stun
waiting to come in, or supposed to be waiting,
1t is remarkable that little shows up Inc
increase in local elevator stocks Is 45o,ooo
bu for four days, which Is not very heavy
for this season. The reason more does not
go into store is perfectly clear. AS stated yes
terday the shipments for q week, OF 4el,ooo
brls -four figure up approximately 2,22o'ooo pu
wheat and the movement is keeping up no
less than 1O1 S5S appearing in today's report
covering the outward loading of yesterday.
While the mills consuming wheat at the
present rate there Is little occasion for wor-
! rtment about the price, whether we are ex-
porting wheat freely or not. On the otner
hand few foreign orders for -four would give
the milling situation q much more STABLE ap-
pearance, for there is in fact little new export
business just now miller said today that
while the flour shipments are very heavy and
the production is holding up, this represents
old business, and the sales TOT several oaS >
past have not been heavy enough to keep the
books filled as far ahead as formerly, and that.
to hold the situa ton even, more new business
has got to come in to Offset that being cleaned
is light ON the whole compared with n year
ago. altho the southwest is sending more
wheat into terminal points than has been
looked for. Today st. Louis got 1900 H, o gu
against 10000 The Duluth comparison was
1913 cars and 1872, Chicago 40 and 49, and In
Winnipeg there 40 cars received against
215 -
Liverpool made fair gain. closing 80
higher.
Duluth sent word of the sale Of consider
higher than yesterday. This to 60 to the
Alediterra
Local cash demand was good. at 2@2h'
over December for No. northern ana "A.
wheat sold from 7Sc to SOC and NO. 4 iron
re to 7sc. No. 1 to arrive was 2e over AM
No. to arrive about 7ac under; Millers Dough
freely and shippers wee looking around ant
taking an occasional lot. Some wheat goe
ont every day on this latter demand, yester
days shipments totaling es,6oo bu, some O.
which went to eastern and country mills.
Milmine sent verhoeff the text of cabl
from Odessa It makes the Russian situa
ton very bullish, but says the trade is slov
to admit it even tho the government ,,t,~ is al
Primary receipts LOGS, 900 bu against 1,l1f,
600. Clearances, $4,000 bu.
The Northwestern Miller reports the -four out
put for the week at Minneapolis Duluth ant
Milwaukee as 500, 400 brls against 5262 las
week and 1874, 800 brls last year. ...3.
Late in the session Broomhan cabled that &C
eording to an Indian official report famine con
dtions will prevail in the districts OF Deccal
and Karnatak unless good rains fall before tn
end Of the month. The United Provinces ais
want more rain Elsewhere prospects are fai
to good Broomhall cables that useful rain
have fallen in Victoria and South Australia.
Near the close a transaction in 100000 b
No. 1 northern to light. the most tmpol
tant item of the day. Part Of it, about 10000
bu. was at Soc, thus more than holding th
2kc premium over December. 1t rumore
that the wheat was bought to 60 to Chicago.
Rosario cable to Wrenn says locusts are
large quantities in the whole province Of SAINT
Fe, Argentine, doing damage. The crop is e,
pected to be late this season and there is
doubt that locusts have done serious damae
to the new crop. Maize prospects yer
doubtful. Slight damage has already occurred
Weather threatening. ..-. i.