The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-06-19
heat Dull, and Weak, and Resting

Minneapolis Chamber Of Commerce, June TO-
n ieat sold off today and was weak IN the morn.
in market, but did not break badly, going down
slowly and by fractional declines only. The news
was very bearish-o bearish in fact that the
market surprisingly steady in view OF It,
;Liverpool was ss@7ad lower and no encourage
ment appeared In the foreign news. Millers
were complaining again OF poor -four demand.
Local elevator stocks. showed only 100000 bu
decrease for three days More rain fell and
coarse grains were off. There were large accept
. ances Of corn by the country last nights
bids by Chicago houses, indicating that the
corn scare is and holders are now willing
to sell again. The edge was off the oats mar
ket also and prices were wavering. Indiana and
Illinois sent many reports of improved conditions
and good crops. Oklahoma wired that with In
dian Territory Included there Will be crop OF
95, 900, 900 blu wheat. which proved. however, to
be the estimate Of banker at Oklahoma City,
who would naturally be optimistic. The fore
weather northwest and generally fair tomorrow.
South Dakota has been getting little more
rain than needed, and some localities have sent
in word Of backward crops. Fair weather gen.
orally would be very good for the northwest.
II. V. Jones and John Inglis are together in
the southwest. They sent advices to Wat
telling Of the beneficial effects Of the re-
cent rains and making the general outlook op-
timstic.
Chicago reported the working of 100 600 bu
cash wheat and accompanied the statement with
warning to the trade not to get too bearish
on the legitimate situation Minneapolis cash
demand was good at IL @1Ac over July for No.
northern and July price to &c over for No. 2.
Minneapolis receipts were 100 cars against 149,
Chicago LOT against 90, Duluth 4 against g,
Winnipeg 81 against &c. ..5 .t7 ia
Bradstreets makes the decrease a in the
worlds visible for the week 1900 900 Blu.
The weather map showed general rains In
Canada, light rain at Williston, N. D.; Sioux
City, SO; Omaha 49, Concordia, 12; Des
Moines, raining, 1884, Dubuque, .O1; Davenport
.2s; Springfield, Ill, raining .16; Springfield,
NO., raining, "a; st. Louis, .o6; Cairo, PA
Evansville, .O2; Indianapolis, raining, trace;
Kansas ci.y, SO: Tenaperetures lower o1ear tn
southwest, The forecast: Ilinois-Showers and
cooler. Indiana-Cooler, with showers. Mis-
souri-Generally fair, cooler. Iowa-Generally
fair preceded by showers east. Nebraska, Kan
sas and South Dakota-Fair, cooler North Da-
kota and .Montana-Fair, cooler witt. light frost.
Lower Michigan-Showers tonight and wednes-
day; cooler. Minnesota-Fair, cooler. Wiscon-
sin-.Threatening with showers tonight and in
BroomhalTs Liverpool cable: There was a
quiet opening in wheat with values hd lower,
followed later by a further decline Of A@AO.
The weakness resulted from the more favorable
American weather, smaller inquiry for cargoes
off coast and the fact that recent buyers turned
sellers. The tone of corn was steady at the
opening, altho values showedsAd decline. Later
there further decline of H@Ad. Selling
resulted from lower American cables, lack OF
Speculative support.
Broomhan's Corn Trade News says; United
Kingdon-The crop outlook Is fair. France
Germany and Hungary-Recent weather condi
lions have been unfavorable. Fine weather with
"arntn ID urgently neeoeu. humanla-W Gather
conditions have improved and the outlook fol
the crops Is fair. Russia-Odessa reports hot
weather. Prospects in the south and southwest
are generally favorable, tho there is some com
plants Of lodging. Supplies at Odessa are very
small and elsewhere smaller than last week
1tay Spain and North Africa-Ihe crop outlook
is favorable.
Clearances were very light, only 1850 bu N,
wheat at all went out, the shipments of 1,Oot
brls OF -four making the total Primary receipt
were 267 900 blu against 242, 900. Kansas Cit,
Received -16 900 bu against 81 900, and st, Lout
"a, 600 against %, Co., 0