The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-27
End Of Week Of Dragging Trade
and sagging. Price
Tendency.
More Flour Mills Will Close I'm.
less Conditions Change Next
Week.
Receipts Light and No Sign as
Vet of an Increasing
Movement.

Minneapolis Chamber OF Commerce, Oct. IL
Whatever advantage there was In today's wheat
market favored the bulls, altho they prohted
lifyle and had only a small fractional gain 70
show for it all at the close. The Liverpool
cables, coming firm and closing $50 higher, gave
the buying incentive but trade was so light
that not much Roadway could be made. Corn
was strong and oats up Il trihe, which helped.
Receipts were light and not much wheat Is NOV
ing anywhere. The comparisons were bulish
as ever, but the market Is so dull that nothing
counts for much AS to the increase in the
movement of wheat to market, 50 long expected
it is now said that it will start within week
There may be more disappointment In this, FOR
its beginning has been predicted from time to
time and always 1t failed to materialize, and to-
day is light as ever, compared with last
year. g. - F. "- \ s~ .3.-
Marfeld was a good seller Of May wheat in
Chicago, where there was also business that
looked to the pit observers like Shearson-Hamill
trying to put December long wheat over into
May quietly. Nothing of Importance was done
here by any of the big firms. -....,
No export business was reported from New
York. - ~ -. -1#3" &Eg* q
Chicago said that export concerns there report
bids tame and business hampered by the car
shortage Exporters everywhere are acting with
great caution because of transportation difficult
ties. Contracts for specified time shipments are
made only where most liberal allowance Is
permitted
Primary receipts were 975,OO0 blu against
1927 000 Clearances, ri, 900 bu.
The elevators show stand-on for one day,
but Minneapolis stocks decreased 20,SS1 bu for
the week Duluth will decrease about SOC, 600
bu Receipts today were 2S7 cars here against
470, 213 against 31S at Duluth and 81 against
90 at Chicago. Winnipeg received 43O cars
compared with 3O1.
Kansas City received 166, 900 bu against 176, 900
bu St. Louis $4,000 against $4,000. Clearances,
277,0OO bu.
Broomhall oabled: s'Wheat was easy at the
opening with values unchanged. The fact of
easier American cables and expectations of large
Shf onfS Snpo cal
Toward the close shorts covered the fore
cast Of small American shipments to Liverpool
and prices gained SD. Corn easy at the
opening, altho values were I'd higher. Sup
port developed result of nervousness among
shorts Oh the reports OF continued unfavorable
American weather. Trading became more active
and the nearby option gained additional I'd
while the distant month remained unchanged. -
The forecast: Illinois, generally fair tonight
and Sunday preceded by threatening north In
diana, part cloudy tonight and Sunday with
snow Lake Michigan; Missouri, fair to.
night and Sunday, colder tonight; lower Mich.
gan, rain and colder Sunday. threatening with
colder east and snow along Michigan shore; Wis.
consin generally fair tonight and Sunday ex-
cept lake, Minnesota, generally fair
tonight and Sunday, colder tonight, Sun
day; Iowa, fair tonight and Sunday, colder to-
night. warmer Sunday; North and South Dakota
Nebraska and Kansas fair tonight and Sunday
colder east tonight, warmer Sunday.