The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-08-28
Wheat kicked up at the close.

Minneapolis Chamber Of Commerce,
mug. 2S-The surprising thing about
wheat at the opening today was It's
dullness and Indifference. There were
a number Of things that were strength.
ening, but the market showed no re-
spouse. For three days this week $780,
minals. Meanwhile the movement has
been light and it was especially light
here today only 80 cars appear.
ing compared with l62 year ago.
The southwest fell off, with a st. Louis
comparison of $4,000 bushels and 49,
, 900 and Kansas City showed $4,000
and $4,000: Duluth got standoh,
Is against 10: Chicago was the only
Being received s"s' against ST. Winnipeg in
had '52 against II. The -four market,
tho not SO active as might be desired,
is showing more life and there is fair
daily output. Cash demand remains
satisfactory and 31a@4c over Is heard
for new No. 1 northern, and &c over
for new No 2. On the whole the sit
uation SO far as present supply and de-
mand conditions are concerned, is ia
buying because nearly everyone has
the idea in mind Of heavy movement
of new wheat to come, and the export
situation is not especially bright and so
it is thought that present conditions are
but temporary, and while they may
serve to hold the market firm for a
time, declines will again be seen when
the new crop movement get fairly
started. There is another view that
takes in the disappointment Of farmers
over present low prices and sees the
wheat. The weather would have import
ant bearing in this connection. Any
rain heavy enough to Interfere with the
movement would have it's effect. At
this writing, however, the market is in
deadlock. The bears are standing pat
for a return to former low prices The
bulls believe December wheat will not
go as low, as September went: Still
they are disposed to wait for Septem-
Der delivery day to pass before they do
much q,
not n wh SHY fav epDa s0"f At War
Boyd, Madison and Breckenridge it was
clear and cool; at Fargo partly cloudy;
90 above. Huron, clear and 81 above.
Mankato had a heavy rain early, this
and 70 above. Other reports were Win
nipeg cloudy and chilly; Waterloo clear
and cool, IS above; Mason City, partly
cloudy. cool, 60. Park Rapids, Edin-
burg, Hoople, Crystal and Drayton all
part cloudy and cool with rain last
night; Aberdeen,S cloudy and calm, So;
Sioux Falls, clear and cool. Lamberton,
clear =, and strong south wind, So above.
The local forecast Is for probable
showers tonight and Wednesday.
liverpool closed M@Ad- lower.
Broomhall reports foreign. crop condi-
lions as follows: United Kingdom
The crop outlook is mostly favorable,
An official report for Great Britain for
the week ending Aug. % places wheat
There are occasional complaints Re.
ports confirm a bare average Of good
quality. Germany well
advanced, threshing progressing rapid
". Hungary-The condition of the
corn crop Is excellent. Rumania-
! The quality of arrivals, is unsatisfac->
tory, The corn surplus is forecast
at ao,o0o,ooo bushels. Russia-Arrivals
at ports. increasing, quality improving.
but good lots still Scarce. Much wheat
is still unfit for shipment and is being
stored, There is large fleet Of steam
ers both at Russian and Danubian
ports.