The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-07-02
Prices Fall Before the Good News
from the Fields and Sell
ing Pressure.
Uncertainty in the Weather, but
the Bulls Unable to Make
It Count.
Flour Still Dull-July Wheat De.
I lies About 100000
Bushels.

Minneapolis Chamber of Commerce, July a
Pit shorts bought wheat to start the new month,
being scared off the bear side apparently, by
rather firm cables and the weather uncertainty.
The result was that the opening business was
on a range above Sic for September. The early
market uncertain, however, and looked
ready to move either way. In the winter wheat
states, where the harvest Is on, there were
rains-not at all important except as suggest
ing Interference with work should they con-
tinue. The measurements were 80 inch at
Omaha, ~ at North Platte IA at Concordia.
a trace at Valentine. .06 at Dodge City. IA
at Wichita, 80 at Kansas City and .O2 at
Oklahoma City. Temperatures were 81 to 70
j above. The spring wheat country showed the
same uncertain conditions. There were rains re-
ported last night this morning at Morris and
Redfeld and the skies were cloudy at Valley
City. Grafton, Breckenridge Fargo Boyd, Wa
tertown, Willlnar, Madison, Mimi, Huron and
\ New Ulm. 1t was the kind Of weather map
i to make rust scare seem probable In the event
/ Of clearing off and hot weather following. The
/ temperatures this morning made new rust sto'
I ries impossible, for the range was IS to 62 IN
! the northwest, very favorable condition The
4 prediction also favorable with cooler wealth
/ er to come.
i To II am. deliveries on July contracts were
100000 bu. In Chicago. to that hour. deliveries
We're $4,000 blu wheat. $4,000 bu corn and
10000 bu oats.
Winter wheat Is moving freely. EARLY
reports that 100 cars had turned up at
Il Kansas City, good part Of 1t new wheat.
/ When the figures were received they showed
/ 1o3, 900 Blu in Kansas City and 5000 blu shipped.
St Louis received n 900 Blu and shipped 20, 900.
Rosenbaum bought 10000 winter wheat,
No. red. to come to Chicago. Minneapolis
received 297 wheat, Duluth ST, Chicago 10.
! Winnipeg had a closed market, 1t being Domin-
| ion day. Last year there was holiday in all
the markets, hence comparisons. Minneapolis
stocks decreased $4,000 bu for two days
Cash demand good at LIZ @2hc over July
for No northern and nc over for No. 2.
Liverpool closed 1sd lower.
,Kalbs Argentine cable said: Drought ended;
general heavy rain"
The bears got busy with statistics altho
worlds shipments did not help them they showed
! that Liverpool wheat stocks July are 3,O4s, 900
/ bu against 1,s96. 900 June l. Lindeman wired
that many spots in the winter wheat states are
turning out much bigger yields than expected
Z; AT Fort William and Port Arthur stocks de-
creased 2O4, 241 bu last week. This leaves 2,544,
Ola bu in store against 8,245 1873 year ago.
& Cummings had interesting report from
Huron, s. D., reading as follows wheat head
ing out. 1t Is too early to tell much about
the kernel. In some parts the plant looks we'll
enough to promise fair yield. while in others
the stand Is thin. No rust here. Corn back
ward, but the warm weather of the past few
days has given the plant dark green color, and
the stand is very good Oats look the best of
any grain, in fact give promise Of the largest
crop this county has In fax larger
acreage was sown than ever before and crop is
looking fne.'
KING -McDougan wired from Chicago before
noon to A. L. Searle that two houses there had
bought fair quantities of new Illinois wheat to
forward.
To 1 pm. deliveries on July CONTRACTS xare
Z 1000, 900 bu. =
The visible decreased LOTT. 900 blu, leaving the
total %, 800, 900 bu
Primary receipts 10000 bu. Clearances 100,
600 bu.
The following was received from W. J. Bet.
tingen, Winnipeg: Just returned from a weeks
trip covering the Manitoba line. Arcola and Soc
lines. and found growing crop tn the best OF
condition No damage Of any kind. Crop 9
week to ten days ahead OF last year and with
fair weather think the northwest will raise a
record crop
Broomhall cabled that the Russian minister
has applied to the duma for E1O, 100000 for
feeding the inhabitants In the famine districts