The Minneapolis journal., 1906-06-28

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Jones Finds Winter Wheat a Pretty Big
Minneapolis Chamber of Commerce. June 2s.-
Jones' report, the context Of which appears
lower down, was the feature in wheat today.
The report was issued about II am. The early
market was without its influence and held in
narrow range with frmness here on reports of
rust in the spring wheat. Rain fell over the
northwest and with warm weather following
rust reports were to be expected and so there
was hrmness. On the curb September wheat
S3hc. The appearance Of the Jones figures on
winter wheat sent it down to S2Ac. Then the
trade paused to digest the report and see how
the state totals compared with advices to local
firms and private opinions to yields. Cen
eral floor comment was that Kansas at 72,OO0,-
00J, probs bly, about right and the Oklahoma
figures at $4,000, 600; tho larger than many had
expected, met the Endorsement of some large
local firms who cover that territory The sur
prise Of the report was the allowance Of 35.
100000 bu for Nebraska. This was probably be-
cause the Nebraska drought the bad feature Of
most recent memory in winter wheat, was taken
here very serious. No doubt there were ex-
aggerated reports of bad conditions at the time;
also there were many Nebraska men On the floor
here from day to day during the time that
Nebraska was so dry, who saw bad things in
store. Rains came in good time and brought
was not going to do very we'll still remained.
The report in this respect bore out the more
conservative traders on change. who while
recognizing the seriousness of the situation at
the time. had yet insisted all along that it
not too late for a return to normal conditions
with good rainfall.
wheat, but premiums were little easier at 1ac
to Dc over July for No. northern. Mime
other comparisons Duluth, As and %;
Chicago. IA and 4. Local elevator stocks dc
creased by 100000 bu for five days.
Following is the Jones-Inglis winter wheat re-
1--WE estimate that the United States will
raise this year the largest winter wheat crop in
the history of the country, 42o,0OO.oo0 bu. In
wheat crop at 42e 0OO, 900, and a total of 74s.-
100000 for the United States. This was
ase that e
tribution SO that the winter crop this year is
clearly in lead of all previous years.
Texas is given this year IA 900 900 bu.
twice the yield of last year; Oklahoma Is ooo,-
600 bu, or more than double the yield last year.
and record crop for the new state; Indian
about the same as last year; Sebraska s. ooo
600 bu, about same as last year; Missouri, 30-
900 bu, same as last year; Illinois, 2S.OO0-
900 bu and Indiana $4,000, 900 bu; Ohio, 32 0o0,-
80 ooo 900 Du, a. VICE last Years crop On 4ni.
basis the southwest raises about 25 900, 900 more
than last year. The southern and eastern states
and Oregon make up the balance, all the states
having good average yields except Michigan,
which is probably the lightest in average yield.
For Oklahoma government acreage Is increased
In this estimate 400 600 bu. -.,..- -
I'm view of the general complaint drouth
thru the spring months, this outturn must be
satisfactory. AS Is frequently the case In -crOr
forecastfng, too much emphasis was placed
month ago prospective poor yields for Ger
tain dry sections, WITHOUT using as offsets i'm
portnnt gains in prospect in other sections The
failure to note these gains caused misunder
standing and unnecessary apprehension in the last
thirty days. The state Of Kansas was especially
commented upon promising failure. The
crop last year was reported officially at II ,OOO
600 bu, which was too high as shown by results
in large wheat counties like Ellis, Rush an6
other western districts that did not produce
the amount apport1oned to them. The crop OF
Kansas last year was probably about the same
as this year, around 72, 900, 900 bushels. Seyera
of the northwest 5SKa ansas counties which have
large acreage have produced small averag,
Yields this year, but some of these at small
yield will turn out much last year. thus
offsetting in part, in this years production
Other counties along the southern tier, Ike
Sumner, Sedgwick and Harper, having large
acreage gain heavily this year, which goes t.
bring up the loss in western counties. The coun
ties Of the eastern half of the state remain al
whole at about the yield Of last year"
Urinary reseipts zee pts 26eooo bu against 2ss 600
Kansas City received % 900 bu against o, ,Oot
and st. Louis 10000 against "a 900.
Freemfre had samples of wheat taken from
fields near Weatherford, Okla, that looked per
feet, indicating % to 25 bushels to the acre
G. F. Sunwall covered the southern and south
western part of Minnesota and returned to Min
neapolis today. Mr.. sunwall says there is mucj
red rust in the wheat. - I -;
Stephens had a message from the Ogilvi
Milling company Of Montreal. who state the.
& have cable from Liverpool this morning claim
ing Europe will raise 200, 600, 900 to 250 600 CO..
bu less wheat than last year, and that crop
in Bulgaria. Rumana and Russia are particu
larly bad. :. ~
There was a late message from Barrett, MINI
saying ground very wet, weather warm an
fnurky.S wind farmers business me-
uneasy over continued wet weather and presenc
of red rust .s55i .- .f.5 s
The forecast: Illinois and indiana Continue
warm and generally fair weather, except pos
sibly local thunderstorms In extreme north tc
night or Friday. Internationally fair an
continued warm tonight and Friday; warmer tc
night. Lower Mchigan-Local thunderstorms tt
iganv-Showers and continued thunderstorms tc
night and Friday; warmer in north tonight
wisconsin Generally fair, but local thunder
storms tonight Friday; warmer In east t
night. Minnesota-Shcwers and thunderstorm
tonight and Friday; warmer in northeast t.
night. Iowa-Generaly fair except probably K
cuI showers and thunderstorms tonight and Fr
day; continued warm. Dakotas-Loca1 shower
and thunderstorms tonight and Friday; cole
Friday afternon. NebraskR and Kansas-Ge,
orally fair except probably local thunderstorm
tonight or Friday; cooler In west Frida,
Montana Showers tonight and Friday; cooler
east. ssFS ,5s2s 81