The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-12
Wheat Does Not Go Up Neither
Does It Go Down-Today's
s.e News Bullish.
Gables Higher and Receipts Very
Light, But the Market
Indiff erent.
Weekly Clearances Light-Mod-
ern Miller Sees Some
Damage.

Minneapolis Chamber of Commerce, Oct IL
The bears were confronted with nrmer Liver
pool market at the start today. ana 1ouho tue
wheat stronger and inclined TO advance iatnei
fhan weak und lower they had expected Inc
weeh' 5 movement from Argentine was hght' ohAs
1876 600 Blu against $4,000 IN the week preceding
and 656OOO year ago, and 1t was on thls'
principally, that the English market advanced.
The effect here would nave been greater but 1or
the fact that other foreign adVlces were scafeei.
IN line with Liverpool. The market In Closest
touch with Argentine, old Antwerp, was 9sc
lower against Liverpools sd gain. THIS showed
no anxiety there. kalb had cable from huenuS
Aires saying that crops are In 1aVoraDie cohu'.
tion. saltho rain Is needed. Broomhall also sent
a Jew lines covering India where wheat sowing
Is proceeding satisfactorily. The bulls hau the
advantage OF light movement, only ooz cars
coming in here against 6S4, nor was there much
of gain at Duluth, only 200 cars appearing
there against 233. For the week the Duluth
stocks are estimated to show a standon, but
an increase of about 4T5,OOO bu Is promised Ill
Minneapolis elevator stocks Inc OUTSIDE mar
kets ran light, Chicago getting II cars against
YS, Winnipeg 35S against 1876, st. Louis 6o'oVo
bu against LOO and Kansas City 163,OOo
against 151, 900. -,
The early advices were not encouraging with
reference to export business. Hancock. the Phil
adelphia exporter, wired Piper that there was
no business to be found Chicago houses Ill
touch with Hamburg on corn and with otner
continental markets flour, said there was III
tie inquiry. Lewis had something from New
York more favorable altho 1t showed the busl-
ness to be in Canadian wheat. 1t read: lex.
porters would not confirm sales yesterday and
there was an impression that foreigners had
withdrawn from the market. Sales or spring ana
hard wheats were consummated and considerable ,D
Manitoba No. / northern was worked from 10
ronto and Montreal direct
John Inclis who with H. V. Jones went over
+ The spring wheat fields and concurred IN the
23O, OOO 900 bu estimate for Minnesota ana the
Dakotas, turned up In Chicago ana was askeu
to explain the difference between the private
estimate and the government figures. MIR. lnsl1s
took strong grounds against the agricultural au-
thorities The government figures suggest
total of It's, 900 900 bu for the three states Mr..
Inglis maintains that 230 900, 600 bu would much
more nearly represent the actual production OF
the three states. The government he says, Is
altogether short on the acreage they report. Inc
bureau at Washington does not get the addition
To the acreage put into durum wheat. Besides
much Of the previous area on which the ordinary
kinds were raised that have been changed to du-
rum, much new land has been added where
wheat Of any kind had never been raised before,
or where its cultivation had been abandoned pc
cause of poor yields. That durum wheat mas
been a wonderful success and 1t Is threshlng out
from Is to as high as 45 bu to the acre, ana
besides" said Mr.. Inglis, 1.-THE yield per acre
of the other kinds is much higher than Indicated
by the government. The Washington authorizes
are as much too low on their spring wheat esti-
mate this year as they were too high on winter
wheat the year BEFORE
Primary receipts were 1,056.OoO bu against
1,s42,0OO last week ard 1,S47 600 year ago.
c1oIo"S ~ >~-o-~~
ing 25, 900 brls -four.
Chicago exporters held various views One
house reported improvement in the tone OF
their cable bids, and that their tenor Is en-
tirely1 the reverse of the public cables. An
other exporter claimed bids were a little better
in tone, but that there has been no business
ultho he notes a tendency in that direction
It is claimed in quarters that special con
cessions are being made from Galveston, as the
houses there are blocked and owners are an1
1ous to get them into working order again
ri i'm of
having been DONE The nearest approach II
authorization is that several loads were worke,
late yesterday from the gulf, but these were
included in the total published this morning.
The Modern Miller says: I'm localities where
3 rains delayed winter wheat seeding farmers are
pushing this ,work to completion Us fast as the!
can enter the fields Larger deliveries OF whea
expected after seeding Is finished, especially
from sections where weevil threatens damage {
wheat held on the FARMS
Weekly clearances, wheat and -four, 3,25s,oo
The secretary of the Oklahoma Grain Dealers
association says only 80 per cent Of the whea
crop Of that state has been marketed.
Liverpool-The weekly Argentine cable says tn
wheat market Is firm with e sooa home demand
Arrivals from the interior light Advice
from the interior claim that the crops il
need Of good general rains The corn market
weak with large offerings. Arrivals from tn
interior light and the quality satisfactory.
The forecast: Illinois. Indiana, Lower Mich
igan and Wisconsin, fair and warmer tonight an
Saturday; probably becoming unsettled SATURDAY
night or Sunday. Missouri. Iowa, fair an
warmer tonight; Saturday increasing cloudines
with warmer east Upper Michigan, partl
cloudy tonight and Saturday with probably show
ers northwest Saturday afternoon; rising TEN
perature. Minnesota. fair and warmer tonight
Saturday probably showers with cooler west
North Dakota, partly cloudy and warmer tonigh
with probably showers northwest Saturday
showers and cooler South Dakota, fair an
warmer tonight Saturday probably showers an
cooler. Nebraska, Kansas, generally fair t.
night and Saturday; warmer tonight; cooler Sat
urday.