The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-15
The Weather Uncertainty Makes
It a Hard Guess as to the
Market.
Nothing Very Serious as Yet from
the Rains, but No More
Wanted.
Primary Receipts Lighter Than
Last Year by Con-
siderable.

Minneapolis Chamber of Commerce, Aug. 49,
Continual cloudiness and weather of the un-
certain kind. kept the wheat traders the
edge this morning. With a prediction for I'M
six hours to come the natural consideration was
whether not delay to harvest operations Sc
j rious enough to be Of influence upon the price
q would follow. So far there has been nothing
bad. Clear, bright weather is desirable and If
1t comes in day or two with heavier rain
intervening than that already shown, nd harm
will be done. Traders a little more careful,
however, about selling the market. there is
probably big short interest that might on
anything bad enough. Interest directed
largely towards the cash wheat market, where
prices held up satisfac torily. Only 70 cars
were in here against 113 year ago. OF the
total 1S were new wheat with wheat
again reported in, but not yet sampled. New
No. 1 was quotable around Csc. new No.
93 to 95, while new stuff to arrive remained I'M
changed at &c over September for No. and &c
over for No. 2. Old No. held at about 81. 071A;
No. 2, s1.o5 to LOO; No. 8 s1.oo to 1.OS, and
principal buyers and local millers did little
Receipts elsewhere not heavy. Chicago
ran over with 272 cars against 251, but Duluth
against 100000 and st. Louis 100000 blu against
49, 900. This made the primary receipts only
78S. 900 bu against $4,000.
Clearances-Wheat and -four for the day, 151,-
900 bu. Minneapolis stocks decreased by 3I5,-
600 Blu on the week. Winnipeg got a cars
against 60.
Thomas Taylor, who has travelled thru North
Dakota, says the present crop is fine and comes
the nearest to the 1895 crop of any have
had yet.
Duluth wires that the movement Of new
wheat is under way. The return of good
weather receipts will probably increase rapidly.
Nothing but good crop reports coming in
G. s. Barnes, of Fargo, says that the rains
of the past two days delayed harvesting in a
considerable portion of the Red river valley a
week. The crop is spotted and he believes that
Jones report comes the nearest to actual condl-
lions of all crop experts
Mccarthy Bros. had a late report today from
Gardner, Argusville and Buxton, that half the
crop at those places has been damaged by recent
rains. The crop was ready for cutting three or
four days ago, but farmers cannot get on the
fields until they dry up.
The weekly government summary says re-
ports continue to indicate an excellent outlook
for corn turnout the central valleys lake re-
gion and middle Atlantic states Early corn is
now practically made in the southern portions OF
Kansas and Missouri.
Spring wheat has done we'll, only slight injury
from rust being reported. Under high tempera-
lures the crop has ripened rapidly, some OF the
early sown having been harvested In north Da-
kota. Cutting is well advanced in central Min
nesota and northern South Dakota and Is prac-
tically finished in the southern portions OF
these states and in Iowa and Nebraska. In
Oregon spring wheat has been badly shriveled
in the willamette valley, where the yields are
disappointing.
Only a small part of the oat crop in the ex-
Threshi1g is we'll advanced and all reports in
dictate satisfactory yields
The forecast Illinois, Indiana Michigan,
Wisconsin,, the Dakotas apds Minnesota, local
rains tonight and Wednesday,; Iowa and Mis-
souri, showers, fair Wednesday; Nebraska, Kan
sas, fair.
Love had cable saying Russian wheat crop
damaged twenty per cent.
Broomhan sums up the foreign crops as fol-
lows: United kingdom-The weather Is i'm
proving, harvest is in full swing; results hather-
to equal expectations France-Extremely bad
reports continue to be sent from the northern
districts with regard to the yield and quality OF
the crops; in the center the reports are fair
to good and in the south excellent. Germany
The weather is unsettled and further complaints
are heard regarding the quality of the crops.
Rumania-Rains have fallen. which have ben
Gifted the corn crop. Bulgaria-The quantity OF
the crops is better than expected Russla-ke-
ports confirm our recent advices India
Weather complaints are heard mentioning de-
fcient rainfall in important districts.