The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-06-30
September Wheat Sold Up to CSC 70d0)
Rains Northwest and Southwest
and Everything Soaked AL
Over Again.
Early Selling on Unresponsivs
Liverpool Cables Had No
Lasting Effect.
Big Swinging Market with
Trade Heavy and Much
New Buying.

minneapolis Chamber of Commerce, June 80
!, Seat doomed again this morning, September
Sking new high point at 94%c by 1920,
! Il going to 955sc a little later The pit
Sitated at first and inclined to play for
Sction from yesterdays close, because Liver
ID failed to show the senSa tional advance
Rected. That market after the Odessa scare
yesterday, was only moderately higher today.
hen they saw Liverpool open only asd up. they
I'D on the curb before the opening. 1t was
ID management. The weather was again I'M
{4Torable and this carried the market right
dong up. The trade did not at first realize
gae situation with reference to the weather.
eTs Rs hsa4y faar
later when it began to rain and the weather
Forecast probably showers tonight and Satur-
day" was marked up, all the early bearishness
was lost. Then came telegraphic reports that
made Chicago jump, for saiina Kan, had 4,2s
inches rain, Wilson about inches and Russell
afheavy downpour. This was bad for the win
ger wheat harvest
cidedly. week ago the last of the bumper
crop men threw up tho sponge, yesterday the
Ibig-crop men about gave up today the only
thing heard the floor was discussion Of
whether not there is to- be even fair crop.
reports come III, in from twenty localities in
crop. W. H. Stokes, the miller Of Watertown,
SD, advised McCaull that in his opinion there
cannot possibly be large crop in that vicinity.
This from conservative source had consider
that will be satisfactory base their hopes the
promise IN the drier western parts Of the Da-
kotas where the land can stand almost any
Quantity OF moisture and where conditions are
much better than farther east, but the heavy
lands and the Red River valley farms are
put down for only light yields, even If no black,
rust comes along later and perfect weather
ensues In July The northwest prospect, on the
whole, Is cherries one. Elevator men and
millers, usually the last to give up hope, are
about willing to say that they have ceased to
expect anything more than a fair crop under
best possible conditions.
minneapolis spt 1874 cars against 1913, Duluth
6 against 90 and Chicago none, against IA. St.
Louis received 900 Blu against $4,000 and
Kansas City 60 900 against $4,000 a1inneapoIis
elevator stocks VIII decrease about 445, 900 bu
for the week
Primary receipts $4,000 bu against 262 ooo
Clearances $4,000 bu. -s- FL,
Kansas City wired early: "Heavy rains last
night at Russell and Wilson, Kan, which will
delay harvest a week" Al IL o'clock
Kansas City wired; Looks like going to
have bad storm
sKalb cableG Slaughter from Amsterdam this
morning: Generally believed that Russian ship.
+, ments will not be interfered with by the Odessa
hfrair."
Chicago said the heavy rains in the southwest
have turned everyone buyers of wheat. A
great big wheat market and full Of new buy
ers. .S.- w.. ....,e-
ST. Joseph, Mo-, wired: General rains and still
Gaining all over the Grand Island roads.
Near the close of the session September sold
pack under 95c on heavy realizing, but 1t was
impossible to keep it under that figure and 1t
was quick to react.
September wheat closed at $3.50 and July
at $1.0SA; December, 91Ac.