The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-26
Fine for Winter Wheat, but It
May Delay Spring Wheat
Seeding.
The Market Shows No Pronounced
Inclination Either Way
Today % -"
Cash Demand Slow, and Flour
Business Not Very )
- bf1sk. "...-- -

Minneapolis Chamber OF Commerce, April o.
Rainy weather was influence in wheat today.
Ii was bear weather southwest, for rain was
falling this morning in Nebraska, with the storm
moving eastward. and there was rain at North
Platte with conditions suggestive Of a later
fall over Kansas and Oklahoma. This would be
fine for winter wheat, and If precipitation at all
heavy were to come tonight it would undOubted
ly check the damage talk, which is based upon
reports of hot winds and dust storms In some
parts of Kansas. The weather was bullish in:
the northwest, for there were rains at Winnipeg,
Bismarck, Moorhead and Huron, with.
cast for partly cloudy skies and
probable showers tonight and Friday, and cooler
tonight This is seasonable weather, but specu-
latively its effect, If any, would be bullish, on
the argument of delayed farm work. Seeding is
in fair shape. however, and while the season Is
not early, neither can it be said to be late, ex-
cept in a few places 1t would take several days
Of successive heavy rains to set back the work
enough to make it an important consideration.
AS for Canada, Piper had advices from Winni-
peg estimating so per cent Of the wheat area
seeded while the Canadian Pacific report Of
today says TO to SO per cent Is in under perfect
conditions
Some talk went around about the doings Of the
Ogilvies in tho Winnipeg market. Winnipeg
Nav at 7s%c against 7esc for Minneapolis May,
Is unusual, There is said to be much manipu-
lation In the Canadian market. Last year the
ogilvies credited with a successful little
corner in Winnipeg, and traders are wondering
whether they are out to do 1t again.
The local decrease for Eve days is $50, 900
bu. Receipts here were 221 against Ill.
at Duluth So against, 8 and at Chicago against
/ 30. Winnipeg's comparison was 297 cars and lO2,
St Louis $4,000 blu and 900, Kansas City's
$4,000 and "a, 600. There was slow cash de-
mand and -four shipments were again light.
Millers paid 21sc over for No. northern but the
stuff did not sell off with the old snap. In the
pit Marheld bought 100000 blu and was about
the biggest trader Of the day. Woodwork was
active on both sides, while Kenkel, Tracy and
Watson were the principal sellers of July and
Cummings, Lewis and Daggett the best buyers.
The Northwestern Miller SAYS. Dull business.
together with the high premium for spot wheat,
Is the cause Of the light operation Of the mills.
Conditions existing. at Minneapolis prevail alb
over the northwest, both to output and trade.
The hope that the rise in wheat last week might
induce free buying Of flour was not realized. X
anything business with the mills was duller than
usual Buyers did not even come In and take
-four at old prices. AS rule, sales of flour by
Minneapolis mills for the week were less than
the output. However, in some cases, shipping
directions on old orders in rather better.
That the trade does not buy flour more freely
is disconragrg. But buyers seem to have
unusually large quantity Of -four the books Of
the mills and in taking this gradually there is
no necessity for their making new purchases on
a large scale
Primary recepts 316 900 against 494, 900:
clearances 117.OGO. Argentine shipments for
the week 24OO,O coo blu against 3,24S0OO last
week and 3,04O.O 600 year ago.
The weather at ; pm. today: Fargo. cloudy.
calm cool Grafton, fair and warm. Minot,.
Cloudy and .drizzling rain: light northeast wind;
80 above. Bismarck cloudy, cold and rainy.
Devils Lake. cloudy. little rain. cool; no wind.
The Price Current says: IA favorable week
for agricultural interests Important progress
but not di<conragins. Wheat outlook nearly all
could be asked for" 49,