The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-07-30
Wheat Increases 2,466,00O Blu
Worlds Shipments.
1872, 900.
Kansas City Receives Nearly
One Million Bushels Of
Wheat.
Minneapolis September and De
scember Sell at Lowest Point
in Years.

Minneapolis Chamber Of Commerce, July 3d.
Worlds shipments were about million bushels
over the estimate. giving the Liverpool cables
heavy undertone. This, with the largest re-
ceipts at Chicago for years, caused rather free
selling on the curb, curb sales being made at
75hc, but the opening was fractionally higher
on a little covering by scattered shorts. rather
free selling led by Lewis oiled up the small
demand, the marked breaking TO the lowest point
on the crop, 74sc for September by noon.
Commission men had quite a few resting orders
IN the market at this price which absorbed Of
ferings fairly well. Trade, however, has been
very light and mainly Of scalping character
among the professionals. While the professionals
are very bearish. they are not inclined to press
lack of outside speculative interests tends to
keep prices within very narrow range.
The cash demand was good, with prices hold
ing firm. No. northern selling at 2Ac over
September and No. 2 northern at Nc over. Lo-
cal stocks decreased 325, 600 bu for two days.
Receipts 1Ie cars against 2s6 year ago; Duluth
80 against Sc, Winnipeg 6S against 81, Chicago
sS7 ass g. Louis $4,000 against Sss Local
shipments Of wheat 1890 blu wheat and el,464
brls of -four. Worlds shipments $4,000 bu
wheat. Wheat on ocean passage rs, 32S,O0O,
decrease Of 7e2, 900, while the visible showed an
Increase Of 2,4ee0oo "'"
Cummings weekly crop report says In part:
Crystal N. D.-Prospects favorable for good
crop Of wheat Few reports had rust but as
yet DO harm done, and the grain at present prom
tses excellent returns.
Grafton, N. D.-Wheat continues good and
prospects for a good crop are good. Some re-
porte Of red rust Other grains doing hne.
HoopIe N. D.-rhe heesian dy has made its
d aeRss to he wheat Bsok rust Is also doing
great deal Of damage. Some OF the late sown
wheat, also macarona, suffering. Flax, oats anu
barley doing fine.
Willmar Minn.-Looktng fair, tho heavy
hail on Friday did considerable damage to crops.
Park River. N. D.-Wsather has been favor.
HornS r1afn NJ Uh N
going to come up to expectations.
Morris, Minn--An average crop 10 all that is
looked for here. Lots Of red rust and some
black in most all fields.
Breckenridge, Mtnn.-Late grain Is hurt Dy not
weather. Early grain fine.
Valley City, N. D.--Our wheat stiN backward
but some looking good, but others not up to
average. There Is lots OF 1t that will never
Ednburg. N. D-crops stin maintain good
condition. Some complaints OF black rust and
some smut reported
Madison, g. Dali grains doing nicely. No
barley harvested to speak Of yet.
Sioux Falls, s. Dali grains and corn have
improved the past week. Barley harvesting al
most completed. .'
WATERFOWL, g. Dali crops progressing favor
ably. No rain over Sunday.
Fairmont, Minn.-Very small acreage and av-
erage crops expected. Some reports OF wheat
lodged Corn doing nicely. Early oats cut,
Boyd Minn.-Whsat looks good and is eonsid-
cred out Of danger Of rust. Oats very heavy
and will be excellent crop II IT can oil be cut
badly lodged in some places. Flax Is very good
and bumper crop expected. Corn good but two
weeks late.
Winnipeg-while majority Of reports are Opt
MYSTIC there quite a few complaints OF
damage and OF expected low yields. -
Charles E. Lewis, who has just returned from
trip thru the northwest, says: Have just re-
turned from my second visit thru the Red river
Winnipeg There is no Question
about the short acreage in the valley south Of
Grafton and considerable Of the seeded area III
the valley is spotted. but the outside country IS
big, and the general opinion is that the crop
wilt be large. Made trip over thru the st.
Croix valley in Wisconsin yesterday and har-
vestng of oats and barley is general on both
sides of the river with the heaviest stand of
grain I ever saw. General business Is remen-
dous and it looks like boom all along the
line. .-s-.-.4 s, ..
The appearance of the big increase in the Wis
: tble supply gave the bears more courage and
they hammered the market down until 1t was a
full cent below the opening figure. Scattered
buying on the decline took care Of the offerings,
resulting in a rally OF half the loss shortly be-
fore the close. .'- Wy [t t..I'T, -