The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1906-01-20

WHEAT-Wheat has given us an
other week of fine Scalping market,
the strength the fore part Of the week
coming from the excess of rains in Ar
ing the May wheat up to SO q. The
visible supply on Monday showed an
increase of I ,68S, 600 bushels, bringing
the total visible in the United States
and Canada up to 47,021,00 bushels.
This is 1885, 900 bushels more than
we had the same time last year. The
worlds shipments last week were g.
636, 600 bushels, this, while being
smaller than for some time back eX-
cept last week is still larger by 1895
GOO bushels than last year. The strong
point on the worlds shipments is that
last week America alone shipped 4, 40
600 bushels against sos, 200 bushels a
year ago. The Russian shipments were
fully one million bushels short of
year ago. this making more than half
OF the worlds shipments of last week
coming from America alone The
quantity of wheat and -four on massage
is 2S,040,00O bushels and decreased
last week S32, 600 bushels A wear ago
it was 31,5O4,OOO bushels. The receipts
have been liberal but still larger than
last week: the northwest stocks have
increased this week 1 Il million BUSH
els, year ago they increased $4,000
bushels. There is a good chance of a
large increase on next Monday Ar
gentine shipments for the week were
64O,0 bushels. against 1,17S 900
bushels year ago, the cause of this
was the excessive rain the fore part of
the week The weather, however, is
brilliant now. The exports for the
present week were 3,4S6,000 bushels
The Winnipeg market is z cents lower
than it is in Chicago, showing their
Willingness to get their wheat on the
market and make the foreign country
in no hurry to take American wheat
this causes the cables to come lower
and the result was that our wheat de-
clined to 81 g a 81 Il, where it closed
tonight. I would like to feel like the
rest to advise you all to buy wheat, but
If you do I think you will have to be
cOntented with small profits for in the
past it has more often proved a sale at
this price than it has purchase.
might be wrong but I think the Bulls
need Armour tonight.
CORN-The corn market has been
almost too dull to speak of, yet while
wheat closed tonight q a Il lower
than a week ago, corn closed at the
same figure exactly. The exports of
corn are very heavy, being almost one
million bushels per day or a total Of
0sSU9s 08U bushels, While the receipts
were very small considering the crop
raised. The visible on Monday in
creased SO 600 bushels and brings the
total visible I'D to 1879, 600 bushels,
against II PTS, 600 bushels a year ago.
Argentine shipped 100000, compared
with ESQ., 600 a year ago. The market
viii very likely be dull for some tirae
to come as 1T is not much out of line
OATS@The disposition to sell the
fore part of the week by some coed
parties Seemed to be checked by the
way It was absorbed and the shorts
became very rnuch aroused and bought
back, which caused the strength the
latter part OF the week. The price of
oats is high considering the crop and
the pile Of oats they have in sight, ne
ing 27.252,000 bushels. the largest at
{ h - Tx7-- -yc
and while they might sell little
I higher I think they VIII prove exceI-
lent sale on the buigas.
PROVISIONS strong all the