The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-09-01
Wheat at a. standstill.

Minneapolis Chamber Of Commerce, Sept. L.
There was wheat delivered here today up
to the close Of the market. Time still
NAMED for deliveries but as there had been
nothing forthcoming thru the morning it looked
as tho Sept 1 was to pass without anything
rendered. There was little reason to suppose
that Their ewould be any heavy deliveries here,
FOR cash wheat relative to the option has been
In such position that there would be nothing
in II for the one Offering the wheat In Chi
cago 1t was different, for relative prices do not
show the same disadvantage and it had been
predicted that 100000 bu would be rendered
there on September contracts
$780, 600 bu. The wheat was rendered by Bart
lett, Woodbury., Jackson, Pringle and Requa
principally, and was taken by shearson- Hamill,
Wrenn, RoSenbaum and Parker.
Prices both here and Chicago remained steady.
There were slight fluctuations but nothing i'm
portant' and the close was without material
change from yesterday. The bulls saw this
passing of delivery day without anything exctt-
Ing favorable sign.
Receipts here were only 81 cars against 422.
E Duluth and 81 Winnipeg IS and 10 st. Louis
$4,000 bu and $4,000 Kansas City POS 900 and
$4,000. Locally the decrease fully as
coming out Of store for the week This leaves
only 4,13s.e57 bu in store and if the decrease
continues at the same rate for another week
stocks Will be so light that the local supply
will be bull feature Of Importance That the
decrease is going steadily is shown by the
loading out of 100000 bu for day since
early and heavy movement of new wheat was
talked Of by the bears. the bulls made the
statement that Minneapolis stocks would not
reach the stage Of accumulation for time,
and that decreases would continue up to Oct. l.
They will make good this, if the new stuff
does not soon begin to come more freely.
Some more favorable threshing returns were
received. Near Glendale durum wheat is going
18 bu to the and spring wheat - bu
Lake Preston: s. D., reports 20 bu yields of
durun Brookings sends averages of Is to o.
: i.,Sbon, n. D., sent summary for Ransom tha
big macaroni county Of the northwest making
the average durum yields as Indicated %
bushels
Primary receipts were 464 900 bu against
1,O1S,GoO clearances, $4,000.
The following is the forecast: Illinois, occa-
sional showers tonight and Sunday warmer
north; Indiana, partly cloudy and warmer to-
night showers northwest, Sundays showers; low
er Michigan, showers tonight and Sunday, OK
cept fair in southeastern part tonight, warmer
upper Michigan, showers tonight and Sunday
warmer; Wisconsin, showers and warmer to-
night, Sunday fair, cooler in west; Minnesota,
showers tonight, cooler in west and warmer in
east, Sunday partly cloudy and cooler; Iowa
showers tonight. warmer in central, Sunday
part cloudy, cooler; Missouri, showers tonight
and and sunday, cooler; Kansas, fair tonight and
fair, cooler; South Dakota, fair cooler tonight
and Sunday; North Dakota, fair, cooler ght
hnd Sunday.
when the market opened. The grading showed
cars No. northern "a No. 2 4 No. 8, / reject
ed and no grade. Winnipeg had 40 cars new
wheat Of which We're No l hard, 10 No.
northern. No. northern and % rejected
George Fl. Daggett had the following from
Ames-Brooks Of Duluth: Export situation ir
wheat vn worse than ever; gulf offering hard win
tiers now at prices the cheapest on the crop,
wltnout any business. Winnipeg &c under
Duluth and yet Liverpool Offering today to re-
sen Manitoba cheaper than it costs to ship
northwest thresh1ng yields coming in better and
the quality promises to prove better than last
years good crop except in scattered localities