The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-09-12
Buying Freely Of AL Top Grades
at Prices Firmer Than Yes
terday.
Larger Receipts Here and at Du-
luth and the Country Run
Heavy. lads.
The Canadian Movement Now
Under Way-News of the
Trade.

Minneapolis Chamber of Commerce, Sept. 12.-
Cash demand of the best kind, coming largely,
from millers, and representing good Hour Dusl-
ness, was the feature in wheat this morning. Inc
early sales showed spot No. northern at Soc.
and to arrive from S2$sc to SSc, while NO. =
northern sold at soc for some on SPOT anu fron y
Toe to TIC. Wheat moving freely In the north
west, and receipts larger at terminal points anu
in the country, put aside all consideration OF the
Probability of farmers holding back and turned
the mind of the trade in the other direction.
Early in the day 1t became clear that the coun-
try deliveries had, been very heavy and later
the estimate was heard that on the 500 line ana
the Milwaukee road at Minnesota and Dakota
stations there was an aggregate greater than
ever before known on one day. II the traders
were surprised yesterday because only $50 cars
came in for a Monday run, they were a little
surprised today to see 443 cars In. for Tuesday
Is usually a light day. Since there were only
231 a year ago the comparison was bearish, but
the really important comparison came from fne
head Of the lakes, Duluth reporting 2S7 cars
compared with 1856. Chicago, meanwhile, had
nothing to show for the recent strength sup
posed to have been worked up to draw wheat
that way, and, while 1t is probable this Is
having some effect that will appear later, today
Chicago could muster only so cars against 2oI:
The southwest had $4,000 bu against l3o, 200. at
st. Louis and 49, 900 against 212,OOO at Kan
sas City. The southwest Is out of it and interest
must lie In the spring wheat runs into Mime
apolis and Duluth and the Canadian movement.
This Canadian feature 1T will not do to over
look. If there is anywhere near as much wheat
up there as reliable men have estimated, 1T
will cut a big figure. Minneapolis will be likely
to keep one eye on it, for Minneapolis wants
to do an export business in flour, and the extent
to which tho Canadian wheat Will come into
competition in European markets will be 1mpor-
tant. The trade will not have to walt long
for opportunity to judge of the nature OF the
competition, for the movement may be said fa1rly
to have started today, there being 10 cars in at
Winnipeg against IL. of the lot los were new
wheat, 80 cars No. i, 3S No. 2, 8 No. 8 and
II rejected. The prospect is for fair and cooler
weather tonight and Wednesday for the ent1rt
northwest and Manitoba. with light frosts, condl.
lions favorable to a continued free movement OF
grain.
Minneapolis elevator stocks increased by 20O,-
900 blu for three days.
Who MARRIED., who was In Chicago, told the
Chicago traders that the northwest has a good
crop, which he thinks is about represented by the
Jones figures. Ames-Brooks sent a wire from
Duluth covering the export situation which was
not very favorable
Clearances 140, 900 bu.
The weekly crop summary says: 1.-THE har-
vesttng Of spring wheat is now practically fin
ished in North Dakota and, Minnesota. Large
areas, however, on flooded lowlands in the last
named state have been abandoned. In North
Dakota the little t%hreshing that has been done
Indicates disappointing yield, considerable being
smutty. In South Dakota the yield of spring
wheat is good but the quality is variable. Thresh-
ing has been completed in Oregon and harvest
ing is progressing under favorable conditions in
washington, except in the northwestern coun-
ties, where 1t has been interrupted Dy showers.
notwithstanding the excessive moisture and cool
weather over the greater part Of the corn belt.
generally corn has made good progress toward
maturity, having advanced rapidly in the north
west and western portions. Much of the crop Is
already safe and cutting is general over the
southern portion Of the belt" s&
Following is the condition Of foreign crops, as
published today in. Broomhalls Liverpool Corn
ATrade News: United Kingdom-Ihe weather
shows some improvement over last week. Ger
many-The weather is wet and warm and late
grain has been further damaged as well as pota-
toes. France-In the north, northeast and north
west there are c%ontinuer complaints regarding
both the yield and, quality; elsewhere. however
,~threshing returns are generally fair to good.
Belgium-Harvest returns are unsatisfactory.
Italy-The condition of corn is satisfactory. Aus.
tria- Hungary-Rtins are needed as seeding is II
progress. India, Bombay, Bengal and Contra
Observation-Disclosures are favorable for seeding
of wheat and food grains. In the Punjab ant
Rajputana districts wheat is all right but it is
feared that the rains have come too late to bene
fit other food grains.