The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-05-05
Doubtful If It Will Do Much
Harm to the Winter
:. Wheat.
While Spring Wheat Would Be
Stimulated by Just a
Little Nip.
Local Stocks Decreasing-Cash
Demand Good-The Mar
ket Gossip.

Minneapolis Chamber of Commerce. May o.
Frost was the feature In the wheat market
today. The weather changed overnight and low
temperatures were general with frosts over
both spring wheat and winter wheat country.
Some rain fell in the northwest, but on the
whole 1t was cold and clear. The prediction Is
for frosts again tonight In nearly every state OF
the west, and in Kansas and Nebraska where the
winter wheat Is. The effect IS not likely to be
very serious. So far as spring wheat is con-
cerned, the general effect Is beneficial, for 1t
makes the plant take hold. 1t may kill off the
tops OF the winter wheat If the weather re-
mains cold enough over Sunday, and it is pos
stble Monday may come in with damage cry,
but that actual damage will be done Is IN
likely. Frost hardens wheat, and even II the
tops 90 OF 1t does not necessarily mean any.
thing serious
liverpool opened unchanged and American mar
kets startad of about parity with yester-
days close Australian shipments Tor the week
wess $685. 600 bu, and Sydney statistical report
made the exportaole surplus 4ooOo,oO bu
sgainss 100000 IN the previous crop. About
hals Of what Australia will export has alreadp
thu worlds shipments tn Mondays report will
be $4,000, 600 bu and that the quantity pas
sage Will decrease moderately. Lenders Of Lon
don says that despite the famine in parts of
India mat country will ship 50, 00o, 600 to
AoQ0oooo blu wheat from the crop.
Broornhau eabled: Wheat dull and feature
less, With values unchanged. Corn quiet at
opsnsus. ga higher result Of fair speculative
0ut1uS. Lat61 sOkIlS FeaI0lnS OCCuEi6u III may ,
willis July advanced the forecast Of continued
Light American shipments"
4 Fort Worth message to Rosenbaum said:
@sunshins 10 making the sick crop look well
HoTv." There have been messages OF too much
Rain in TEXAS last few days.
Minneapolis elevator stocks decreased 442. 900
ba Tor the week, leaving 16,ss9,977 now here.
Fos ons day since making up the statement there
Go decrease OF $4,000 bu. Minneapolis received
148 oars against 81 a year ago, Chicago 4
aRaaust 8 and Duluth az against i. Winnipeg
got lAe cars compared with IS, Kansas City
Bsooo bu against 81, 900 and st. Louis 200
against 1l,ooo
The weather forecast in full: Kansas, fair,
cooler. light frost tonight, fair and warmer
Sunday; Nebraska, same as Kansas; North and
South Dakota, fair, light frost tonight. warmer
and fair Sunday; Minnesota, heavy frost to-
hight, warmer Sunday; Iowa, heavy frost to-
hight, Sunday fatr. warmer in west: Missouri,
fair, cooler light frost Illinois, fair except rain
extreme south, frost except in extreme south
Indiana, frost except in extreme south tonight,
eair.
:; Cash demand pronounced good at 1c over
fully for the No. / northern.
= The May government crop report will be is
bued at Thursday, May 10. 1t will give
the condition of winter and spring wheat. the
acreage Of winter wheat plowed up, also re-
borts on meadows and spring blowing.
Primary receipts today, $4,000 bu against
sl56, 900. Clcarances wheat and flour. $4,000 Blu.