The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-24
Liverpool Gables Over a Strong
Summary Late in the
Session. ;.
A Dull Market Turns Lively and
Minneapolis Gains a
Cent.
Macaroni Wheat Being Seeded
Heavily in the North
west. ....ts >...t

Minneapolis Chamber Of Commerce. April
24.--Dullness was pronounced in wheat this
morning. the early part of the session passing
with scarcely any trade of Importance. Minne-
apolis was more active than Chicago. The
latter market made very poor showing all
around year ago today Chicago had 215
ears wheat. Today she showed IA cars. Last
year the big deal on, wheat skyhigh
and Minneapolis and other markets We're rush
ing wheat down to break the corner. Hence
the big receipts at that time. Today chicago
is on a natural basis again, as much wheat
is going that way as commercial conditions
make necessary. and IA is the total. The
northwest did well today, comparatively, with
100 against IS here and 102 against ID
in Duluth. Winnipeg had 29S against IS.
Cash demand here was good, with 2@21ac over
May paid for No. northern. Local stocks de-
creased 100000 bu for three days.
All reports that come to Chamber of Com
merce firms from the country are favorable.
Seeding is 4 little backward in some places,
but on the whole the northwest is In good
condition. The disposition to seed macaron
wheat and the increased creages-already re
ported In many locaities-make q matter OF
great Importance. 1t splits into two main con.
siderations. The first Is the probable erect OF
a large. production Of macaroni upon the price
the farmers will get for it. The second, and the
consideration of influence at the present time.
Is the probable effect upon the wheat acreage
proper. Some counties farther west nave not
yet reported, and so many locahtles are SUI.
behind with seeding that 1t is Impossible 70
draw conclusions not subject to later modlh
cation, but it is certain that this macaron1
craze will work against increased produc
ton of spring wheat this year 1t IS -scarceis
possible that the spring wheat area In tine
three states will be enlarged. All reports tt
date indicate that It will decrease 10 to 1:
per cent Later reports may lessen this some
what but 1t is not likely that giving oVe>
of large acreages to macaroni wheat alreads
known can be Offset in any spring wheat IN
crsases yet to come. .o, ooo
Primary receipts, PSI 900 bu against 800, oOO
Clearances 1906 900. Kansas City receipts 4I:oo'
bu against $4,000 and st. Louis $4,000 agalns
$4,000. -oo mn =.
Bradstreet's reports decrease of 45oocoo b'
in the worlds visible
The market was very strong in the las las
hour principally a long Liverpool capie
gram, whics read follows: ''BroomhaI,s NJ
ures Indicate a decrease in the toa ting vlslpl
supply during May and June Of 5000, ooo pu
The market is exhibiting much strength, nav
ing failed to decline the cessation OF IN
German demand and in face of forecasts &, o
record crops of winter wheat i'll both indl'
and America The continent took ten orders o
cargoes last week, and 1t is expected ira
there will he a continued liberal demand iron
both the United Kingdom and the continent
The forecast is as follows: Minnesota: Iowa
Dakotas, probably showers tonight cooler: N, Ne
hraska. Kansas generally fair and cooler; LII
nois. indiana and Missouri, fair tonight an'
Wednesday, warmer.