The Minneapolis journal., 1905-10-09
The Market Holds and Even Gains
a Little in the Face
of It.
Millers and Elevators Get After
the Good Lots Very
Promptly.
Liverpool Sends Over Firmer
News-Gossip of the Grain
Trade.

/ Minneapolis Chamber Of Commerce, Oct. O.
Just even thousand cars wheat was the post
ing this morning. Some of the stun was deiiv-
cred on previous sales to arrive, but despite
this there more offered on the cash tables
than on any day 80 far this season. tor an
this there was no difficulty in selling 1t: All
classes of buyers were found around the tables
/ ocal millers and elevators and outside inter-
ests finding representation. While there was
some disposition before the opening on the part
/ OF millers to 60 slow in hope of price reces.
sion, the presence of elevator buyers made 1t
ainadvisable to hold off to long, and soon good
general demand was on, the early business go.
ing at 11a@1Ac over December for NO; l
northern and n oil 1ac under for No. 2. while
No. brought 76@7Sc and No. 4 7o91oc. NO.
i northern to arrive was 13ac over and No:
tSat the pc posted figures showed 75s brs or
shipped, 1t Is evident that the old -four sales
sare not yet cleared up. and the good buying OF
wheat by millers would indicate new business
going on the books in good quantity. That the
elevators are also getting busy is shown by an
increase in local stocks Of 100000 in two days.
There 1000 cars here, compared with 926
a year ago. The Duluth comparison was 1913
and 274, that of Chicago 90 and 131, Winnipeg
v5o1 and $685. Kansas City 3ss. 900 bu and 49,
900, and St. Louis 1900 bu and 5S,OOO Worlds
shipments at e,e2O.0O0 bu were light compared
with II, 1902 900 last week and II ,as4. 900
year ago. Russia figured heavily again, with
S4,776,OO0 bu. The quantity on passage at 2S,-
visible made a gain Of 2seeooo bu. which
looked big at first. but really was not big.
FOR year ago at this time the increase was
1921, 900 bu.
The weather, after a remarkably long period
of warm days and clear Skies, was cooler and
rainy this morning and the probabilities are
that the spell Is broken. The forecast shows
no indication Of return Of the summerlike
conditions cloudy and cooler weather being In
the general forecast.
! Liverpool armer and ss s@14d up on second
cables Buenos Aires advices Of probable
labor troubles which may be serious. and this
may have had some effect upon Liverpool
/ Sidney Love sent Stephens a copy Of letter
from Griffith, Williams & Co. Of Liverpool. "The
market" 1t says lis very steady with good
demand. Germany Is buying enormous quantities
Of wheat and advices are that France will
be in the market before long. and If it were not
for large shipments from Russia it would be
friends tell the shipments from Russia may
continue large for the next week or two and
then we shall have substantial drop and ship
ments will remain very small thruout the year
There is doubt the shortage in the grain crop
is fully confirmed and they about seriously
situated as they can be-
Z Bartlett-Frazier and Darlington had an Ant
werp cable saying: 'As to- Russia, we are still
of the opinion that the exports Of wheat from
that country will be large as last year.
: Primary receipts 1,s26O0O bu against 1885,
900. Clearances equal to 100000 bu.
spring wheat this morning from the United
Kingdom Bids Va to va out Of line at the
moment.
/ later New York message from Muehling
said: 'There are orders all over the floor for
Manitoba wheat, but transportation facilities arc
so mixed no one cares to do anything late
Liverpool cable to Slaughter said the market
will advance on supply and demand basis unless
checked by unfavorable advices from here,
which Is unlikely to occur.