The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-01-30
= :
No. i Northern Sells at 1c Under
May, Both Millers and Ele-
g vators Buying.
Weather Prediction Makes the
Trade Nervous About the
Winter Wheat.
Increase in Stocks Not So Heavy
and Primary Receipts
Moderate.

4 Minneapolis Chamber of Commerce, jan 3d.
aEirmness in wheat and moderately higher
grange was the early showing today, but there
was lack Of interest and an accompaniment .,
dullness to noon. The market scarcely moved
from sssas to ss,ac, chicago May from s5.4e
to Sc, and other options In equally narrow
lines, An increase Of 100000 bu appeared III
local elevator stocks which, for three days, was
not very heavy, considering how 1t has been
running of late. The feature of the day was the
cash AIil1ers and elevators We're DuS-
sxrs and No. 1 northern sold at 1c under May.
NO. 2 northern also moved up closer, going at
hight. only 14S cars. compared with zoo; Duluth
g2la Csc under. Local receipts We're again
had 80 against 62, Chicago 20 against 70 and the
Winnipeg comparison was 191 and 81
Rosario sent cable via Liverpool, covering
the recent unfa vorable weather in Argentine Inc
Iain, 1t was said, did no material damage. ana
while it BILE at the time nothing
serious followed in the way of crop deterioration.
Liyerpool 7s@hd higher but showed no
alap, and continental cables were easy. Paris
sale off. Berlin and Budapest each 4Ac lower
and Antwerp unchanged.
A Toronto reporter says Manitoba wheat IS
still in good demand for export and new Dusl-
ness is being worked every day Tor FEBRUARY,
March and April shipment. There is also some
good business doing for shipment from Fort VII
liam after the opening of navigation 1t Is esti'
mated that over 50,000.000 bu Of the Canadian
crop has been marketed. = . g { i ~ ;
Broomhalls foreign crop summary says
United Kingdom-Co Condition of crops continues
fair. France-Crops in fair condition.; good
wheat very scarce: more talk Of importing for
eign grain. Germany-Snow has fallen and re-
cent weather improved condition of crops I'M
proved, but still some complaints heard; there
is also talk of short acreage as well as reports
stating that foreign purchases will continue to
be made after March l. Hungary-Snow has
fallen ADMINISTRATION crops favorable.
Russia-Weather mider with rains south; other
Mise situation favorable. movement fair. -
The India report for the week ending Jan. 20
says :. No rain has fallen in the United Prov
inces Rajputana and Central Provinces, and
anxiety is increasing In Punjaub rain Is ur-
gently wanted for the unirrigated crop. In
Bombay and Hyderabad some rain has fallen,
Tnt the condition of crops has not improved.
Conditions elsewhere fair to good Weather
fin India is very unfavorable, but hope is not
yet abandoned. go. T
Argentine reports that there is disposition
among La Plata firms to reduce the estimates
of the exportable surplus of wheat.
Kansas City received $4,000 bu wheat: and
st. Louis H. 900. Total primary receipts were
453. 900 bu against 358, 900. Clearances wheat
and -four totaed 10000 bu, some 20, 600 barrels
-four appearing. Corn clearances for the day
were heavy at 100000 bu and oats made a
F, FECo1der weather for tonight was in the later
prediction, and it stirred up the pit and moved
prices up a little, as the trade fears damage
to winter wheat which is generally unprotected
by snow, in case of freeze. 1919. ID.