The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-19
Big Manipulators Get from Under
Having Sold Out to
New Bulls.
arices Break Quickly = Good
Weather and Good Crop
IA News. ~
local Wheat Stocks Will De-
crease More Heavily for
i the Week.

Minneapolis Chamber Of Commerce, April ID
heat was stronger again and Chicago May
l3Isc over Minneapolis May in the first hair
today's session. Chicago continues leading,
at. altho Minneapolis is tagging little and
ie difference between the two markets is widen
ig the tone here is stronger than OF late. TOT
te statistics are more bullish. Altho the re-
Mpts ran well above the SO cars of last year,
,e total was only 1873, not more than enough
II respectable days grind by the mills. The
,crease also looked big by comparison with re-
Int small decreases and former increases, for
.ocks fell OF 525, 900 bu for six days.
Duluth got So against g. Chicago against
s and Winnipeg 1893 against IS. The st. Louis
5mparison 900 bu and 47,OOO, and that
Kansas City $4,000 and $4,000. Clearances,
10000 bu.
Cash demand was excellent again today at
&c over May for the No. northern.
THE weather favorable, and the forecast
4 for cooler tonight and Friday, with showers
I the lake region and possible showers south
est
The Northwestern Miller says "There was no
niger shown by the -four market, and yet flour
les by Minneapolis mills made fair show
e. Some mills sold their output. but others
4 not. The advancing tendency of wheat
ought in some ORDERS and 1t also induced buy
g to order out old -four a little more freely.
ne advance in wheat If it holds. is expected
exercise still further influence in that direc-
IN, tho Of course -four will be wanted at old
Ices. As rule, buyers seem disinclined to
Ike hour, except as tuey dctudliy Heeu IL,
Sd therefore the market Is quiet. Less -four
pears to have been sold for export in the last
Eek than in preceding weeks
Primary receipts, 261 900 bu, against S13, 900.
liverpool closed Nd lower.
1Argentine shipments for the week are esti.
ated at 2.S00,O00 bu. The weather in Argen
lie is favorable.
fThe northwest weather at il am: Grand
3rks, clear. calm, fine: Mayville, clear, calm
&c; Comstock, clear. calm, fine. light north
fst wind. Al in shade Hillsboro. clear, calm
e, 90 above; st. Cloud. clear, calm, fine. 81
sove: Fargo, clear, fine, Winnipeg, clear, fine
tWinter wheat weather: Chicago, clear ant
eassnt; Peoria, Ill, clear and pleasant; Kan
5 City, clear and fine; Omaha, Neb., partl!
tudy and pleasant; Springfield Ill, clear ant
easant; st. Louis, Mo-, clear and pleasant.
NThe forecast: Kansas, partly cloudy cooler
fowers south; Missouri, showers extreme south
1ler; Illinois, partly cloudy, showers extrem
9th tonight Friday. cooler; lower Michigan
overs and cooler north and west, cloudy else
Aere; North and South Dakota and Montana
or and warmer; Minnesota, Iowa, Wisconsin
d Indiana, fair. cooler.
rhe market went to pieces just before tn
+se. Minneapolis simply would not follow
Il Chicago was going it alone. The big Chi
10 traders, who had some millions Of Ma
It they did not want delivered to them ha
I'm quietly handing it out to the new bull
several days. Today, being about all out
Il having again shown the ability of cliqu
powerful traders to move market upwar
ainst conditions of a contrary nature, the
G from under. Some of the new convert
1.-THE bull side tried to turn their paper profit
% money, with the result that Chicago Ma
exc from S2Ac to 79Bc with a crash, all
lneapOliS May went from 7S5sc to Tic.