The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-07-27
Wheas rises-just q little.

i Minneapolis Chamber Of Commerce, July b.
Oh Armer Liverpool cables wheat opened frac
honally higher and looked like going up little
more. The advioes Gaming to Broomhal from
south Bussia wens not favorable. Incessant
pains have fallen, very heazy In some places, |
and an estimate Ii made BY someone in Odessa
thas thare will be a loss Of 20 per cent from
shadd1ns. The Argentine shipments at 1924, 900
bu. tho larger than Last week. looked light
compared with the 2,45e, 900 Of a year ago,
and SO Liverpool cables came in M@ssd higher.
ts<n in conditions in the west. Along the 500
EAn North Dakota some little talk had been
heard OF the lack OF rain. Yesterday it was
said thai country needed rain, and, On the pos
ability that dry spell might come and
take the edge of the big 500 prospect, the
market felt some buying. Today John Inglis,
who was In Jamestown, wired that It was
came In from Courtenay and other points. At
ldinneseankon crops suffared from hail in some
places. The general run Of crop reports con-
tinued favorable There Is some opinion heard
that possibly the optimistic reports are being
.overdpne. Certainly there must be some bad
spots that will bring down the good ones In
some degree. Along this line correspondent OF
the First National bank Of Minneapolis, located
at Devils Lake, n, d. writes to say that the
crop reports from that section indicate a better
Drop than the Facts justify. This correspond
emit contends that North Dakota will have only
q fair erop-:nothtng better than fair" He
thinks 16 bu to the would be regarded
q good crop In that state this year, and that
from the farmers standpoint
The corn country sent some more bull Items,
and corn was reported firing at points, u
message from Mendoza, ILL.,, being especially
unfavoFable. The market remained fairly quiet,
however, because Of the chance for relief In
the forecast. Illinois has the promise Of show
Saturday, and Indiana has showers TO come.
also Missouri. Thunderstorms are in the pre-
diction for Iowa. and Nebraska is due for rain
tonight; for Minnesota the forecast is for show
ers tonight and cooler Saturday; for North Da-
kota, fair and cooler. and showers and cooler
for South Dakota Winnipeg sent very
favorable reports, one In particular quoting MIR.
Robin, who looks for loo, 200, 600 bu in west
Canada. and says 25,ooo men will be needed to
harvest the crop. Other advices, tho favor
able enough, do not make it out overwhelrn-
ingy good. G. A. Carruthers, on change here
was in communication with his Winnipeg Office
and was inclined to think that while cond-
.tions atisf actory and promising enough for
estimates will be made that may fall Of realiza-
ton in the final showing
Minneapolis elevator stocks will show more Of
a decrease for the week than expected or
cars against 157. at Chicago 4se against 2e1 and
at Duluth II against s. Winnipeg had 1O4
cars compared with 1s
Liverpool closed 1s@ssd higher. Antwerp
made big advance equal to 21ac on No. 2 hard.
Berlin was 10 lower. -
from Europe. He wired 5. H. MeRnary that
Europe will this year take our entire export
able surplus wheat, If prices low enough,
but VIII not take much high-priced wheat.
selnber fos No northern and 35@1c over
tor No. q
! i Baltimore wires that bids Of 7sAo Baltimore
for No: red winter wheat were put out last
Requa: ut Is almost Impossible to sell for ex ::
port even at that basis"