The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-07-18
Wheat Gives Both Bulls and
Bears q Chance to Get
Active Today.
Black Rust Reported In South
Dakota and a Sharp Squirt
at Once.
Later Easiness and Subsistence Of
the Speculative
Spirit.

Minncanois Chamber of Commerce, July IS
After u dozen or more black rust reports anu aa
receipts of samples, Of which could with
week OF doubt and uncertainty, the real thinS
came along today. The Van Dusan- harrington
company found the Infection in an advameeu
stage In the vicinity of Miller, S. D. Ihelr
report was tempered by the ~conseFvative state-
ment that the thing was not ssh fsca 1hat
the dreaded black rust stage developed year
ago with no serious impairment OF the crop,
1t being question Of weather following its
appearance as to whether or not IT spreads.
| a. F. Eve said it is entirely weather propo-s
sition now as to its seriousness. A. G. Moritz
had adviees from the localities a. faSor lo ~
| the growth Of the wheat plant and OF nature
TO prevent the spread of tn" rust -,
! This was, however, the Lrs5 absolutely proved
| Cd case Of the black rust, aid the effect upon
| the market was to jump September from 'oSe
to 1914 @7ssse. alter on ether reports began N
nave come reported an Black rust last night Madison
| Wayerly and Huron, South Dakota points; sent
| reports Of rust, and adyices from Worthington
| and Slayton, Minn and Valley City, N. D., told
of its presence but all this was red rust. Fergus
Trails reported to Lewis, and In this case II
Twas said to be the black rust. Marfeld had
advces from MeE s. D., OF BLACK feE sSee
/ tonight and warmer weather Thursday In Min
ssnesota and showers and cooler in North and
ESouth Dakota. The situation is uncertain. Show
Eers followed by high temperatures would in all
probability. scare the trade and start more rust
Eltalk.
Lewis was leading buyer and woodworth
Thought Some good local houses appeared to
Etake the rust reports quite seriously. In Chi
Tcago Friedman covered big line Of short
| wheat Rycroft, who was in New YORK, wired
that he could not find that there was any ex-
Eport business being done. F. P. Frazier was
Equoted as saying that there was too much rust
Etalk, and that in his opinion there is something
Ito it all that the trade will find out later
faltho hesitant now about accepting the reports.
FL A. Patten. the big Chicago trader left Chi,
Ecago last night upon rumor of a discovery OF
black rust near Watertown, S. D., and some
Ething should be heard from him tomorrow.
ItPearson Of Wnona wired up that there is much
Fred rust to be seen. ". II. Lake of Chicago
tfhas man in southern Minnesota who advised
fhis principals that up to this morning ne had
Sfound no black rust G.. F. Piper returned from
y swinnipeg. The crops above the line are very
sstine, promising big returns. Personal observa-
Ition and conversation with William Martin and
;rother representative grain trade men. MI. P1pei
says, warrants expectation Of great harvest
Cash demand just fair, with &c over Sep
tytember paid for No. l northern and A@1hc over
for No. 2. Minneapolis received 1852 cars against
9S. Chicago 392 against OF and Duluth Al
/ against 2. Winnipeg had 10 against II. St
Louis received $4,000 bu against $4,000 an6
Kansas City 1914 900 against $4,000. Minneap
S oils elevator stocks have decreased $4,000 b!
SO far this week.
Liverpool closed I'D lower.
Primary receipts 1,257 900 bu against 767.
900. Clearances 1884, 900 bu.
Watson said at the close Of the market thai
IN all the reports of the day from the countr!
there was indication Of black rust and theil
correspondents had not found any.
WATERFOWL, S. D.. wired late in the day tt
Cummings as follows mo question about thu
black rust with US. and 1t Is in abun
dance than it was July 20 two years ago. TIL,
blue steam has been the first to be attacked
The weather we are getting today Is wet. no
and muggy, frst-class breeder for the blaci
ruSt, -