The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-23
Trade Dull-The Visible Supply
Makes q Good Sized
Decrease.
Wheat Beginning to Work East
in Quantity from the
Lake Stocks.
Kansas Winter Wheat Acreage
Cut Down by About Ten
Per Cent.

Minneapolis Chamber of Commerce, April D.
The weather, the early cables and the move
ment of wheat for the first day of the week
were all against the price. The bears could not
at first the items for much effect, because
of all Offset in the local .situa ton and bullsh
statistical report from Kansas. The market
hesitated and the pit fell into waiting mood
pending receipt of the visible supply. The shift
ing about Of the big northwestern stocks has
begun. Wheat is going out of Duluth for the
east and Minneapolis stocks are falling on
gradually with 100000 blu decrease shown for
two days. Up at Fort William and Port Ar
thur where there has been steady accumulation
all winter. 1,122, 1914 bu were loaded out last
week, which brings the total down to S.1OS,449.
This Is still we'll above last year, when 1851 TO
bu was in this western Canadian lake storage on
corresponding date. The local posting showed
800 cars received against only 1865 year ago.
Duluth got Al against I, Chicago only against
121 and Winnipeg 212 against 70. St. Louis
had 40 600 bu compared with $4,000 and the
Kansas City figures $4,000 against 81, 900.
The strengthening feature Of the news was the
Kansas state report. 1t makes the present con-
dition In that state S9.5 or 40 higher than the
governmental report for April, but finds that
almost 10 per cent, or 491 900 acres, has been
abandoned. leaving the total area 1910, 900 acres
Cash wheat was In fair demand locally. but
showed less snap than last week. No. 1 north
ern sold at 2121ac over May
Foreign was significant for the weaker
markets abroad, none declining heavily, but
all showing a little loss aitho Live1po sd
better than expected from first advices. World g
shipments were 9,256,OOo blu against 1880, 600
a week ago and S,2ss, 900 a year ago. The
quantity afoat at 1904, 900 bu shows de-
crease OF Gas. 600 Blu.
Primary receipts 559, 900 bu against 41S,ooO.
: Clearances, 271 900 blu.
/. There was a telegram from conservative people
in Kansas City regarding Kansas state report
on wheat estate report gives about 10 per
cent plowed up, which probably is correct This
leaves about $500 900 acres, which under favor
able conditions should yield 100000 to 95OOO,
600 bu.'
Omaha advices say that winter wheat Is In
fine condition in Nebraska, the acreage about the
ter wheat left in farmers hands. Very little
corn held by shippers, possibly so per cent OF
corn back in farmers hands. Says there Will be
little movement of corn for week or ten DAYS
and then it will be over until after corn pant
ing. Oats seeding practlcally completeo III I'VE
braska. -,
wheat market was advancing on drought
The market fell off towards the close anu was
weak and lower, but rallied again at the end
The northwest weather: Comstock, GEAR
strong south wind 40 above; st. Cloud, clear,
brisk south wind so above; Hillsboro, clear
light south wind, 90 above; Grand forks, cte .i
high south wind cool: Mayville, clear but little
cool; Fargo clear, warm, strong north vino vino
winnipeg clear, so above; Fergus Falls, clear
fine. strong southeast wind.
The forecase-Illinos. Indiana, Missouri, lowe
fair tonight and Tuesday, rising temperatures
Minnesota and Oklahoma. fair and warmer TO-
nis.-t, Tuesday increasing clo nnrt'es
Iowa, generally fsir tonight and Tuesday; warm
Tuesday, North and South Dakota, general!
, fair tonight and Tuesday,; warmer tonlsh ',
cooler in west portions Tuesday. Nebraska ant
Kansas, generally fair tonight and TUESDAY
| warmer. 3d. -.