The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-13
Opening Active and Selling to
76zsc, May Declines Later
80 75ss@751ac.
The Bulls Just Get a Start When
the Bear News Begins to
Come =.
More Snow or Rain Promised for
the Winter Wheat
States.

Minneapolis Chamber Of Commerce, March 10.
THE bulls found something less of an In
crease in local elevator stocks this morning
than had been expected. or 100000 bushels for
three days, and receipts here of only 1856 cars.
against 1858 year ago. They found Liver
pool up Nd Berlin %c up and Antwerp Nose
higher. There was also an increase in Brad
streets figures for the worlds visible, of only
296, 900 bushels, and several other statistical
items had less bearish color. Buying began
at once. In Chicago, Barrell continues taking
the wheat but Logan and Ware came in and
sold Locally Barnum, Lewis and Watson were
buyers, and Woodwork the best seller. May
went to 1850 here and to 7sA @7sssc in
Chicago, but, after the buyers had taken all
they had orders for. there stin little to
sell. and 76@76Mc and 77Ac were the hg-
ures later. The Bradstreet's report made the
increase 100000 bushels in Europe or afoat,
and found only $4,000 bushels increase east Of
the Rockies. This a small increase in
view Of the recent accumulation at leading
points. 1t helped strengthen the pit. The
bears came in with Winnipeg and Toronto re-
ports showing Manitoba wheat bids from abroad
about 2Ac too low for business, and nothing
Going In Aestsan whsas at Baltimore or other
Z hall and full protection to the winter wheat
were also confirmed in full, and the weather
Indications promised general fall of rain or
snow in the next thirty-six hours The win
ter wheat Is undoubtedly protected by snow
and has plenty Of moisture. Everybody knows
this, and, as bear influence, the winter wheat
promise he's about spent its force for the pres
more WIN be known about it. Duluth got rs
cars, against 4e, Chicago against SO, winni
peg 1875 cars compared with 76. st. Louis had
$4,000 bushels, compared with $4,000.
Primary receipts, ao1, 900 bushels, against
100000. C1earanees, $4,000 bushels az wheat
and 11,ooo barrels Of -four, equal to 14e,ooo
bushels.
Cash demand was good at May price for Nc
northern and 20 under for No. 2. Wheat to
arrive sold at the same prices.
The department Of agriculture reports the
percentages Of wheat in farmers hands, re-
specttyely, at 20 per cent in Minnesota rs
gsE cent q South Dakota ana 20 per cent - in
100000 bushels. OF this quantity. the Trade
Bulletin figures, about 100000 bushels have
been shipped since March 1, leaving AZ, o0O, 900
bushels. OF this amount. $4,000, 900 bushels
win be required for seed-leaving 10000, 900
bushels for interior millers receipts at Mime
apolis, and Duluth stocks July 1. Last year
the Of wsseh reRGtsa bssSes
tributed and held over, besides what the in
terror millers purchased.
The government snow map shows only trace
on the ground in southern, central and western
Kansas two to three in inches in northeast and
trace to six inches thru the Ohio valley and 6
trace to three inches in tn enorthwest. ~
The London statist says: Fear Of renewed
political disorders in the spring will lead t
serious decrease in the area sown to spring
wheat in Russia Under winter Wheat at it it, Is
but SO far the conditions have been excellent
for these crops.'' So - ~ :. "a
- The following Is the Broomhau foreign crol
summary: United Kingdom-The wheat plant Il
looking rather sicky. France-The weather Ii
/ 8 more favorable and complaints heart
regarding the condition Of the crops. Supplies
of good wheats very scarce and dear, Will
4 other grades are offered freely and prices ar,
somewhat easier. TX e. ..- III 81
II Germany-The weather is very changeable
but the
4 ditions are favorable
Il Russia-Crop conditions are most favorable
i but there is further mention of small acre
II age. Arrivals at the ports increasing slow
". Business very dull.J $50
# Spain and North AUTHORIZATIONS are mod
Il erately favorable. E>"'S. -ss
i India-The growing crop Of wheat in tn
Il United Provinces is doing we'll. The area I'M
der wheat in central provinces is officiall
stated at 3543,000 acres, against 3, 900 acre
II a year ago. The outturn is estimated at 80 pc
II cent of normal 49, = Z 6 z5EE-. g.