The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-12-19
Wheat Movement Shows Up Very
Small Compared with a
Year Ago.
Market Firmer at the Opening
on Covering BY
Shorts.
Later Easing OF on Profit
Taking Sales, Closing
Steady.

Minneapolis Chamber of Commerce, Dec. Ia
Receipts again light and with cables from Liv-
erpoo showing no change, the market opened OFT
a small fraction, later rallying TO call price,
where there was selling against them by scalp
ers. AS the demand had become pretty well sup
piled on the advance, prices began to decline and
gradually worked down over 14c to below puts,
with little or no demand exceDts against puts
and covering. by small scattered shorts. Trade
has been light and without feature, professional
opera tfcns predominatinE.
Locally, receipts were 276 cars against 526 a
year ago, Duluth 40 against 1875; Winnipeg 80
against III. Chicago IS against 10, st. Louis
$4,000 bu against $4,000. Liverpool closed 1sd
lower, Berlin Bc higher, Budapest Ac lower and
Antwerp unchanged to 4ssc higher.
The official Washington crop 4 report re-
ceived today says Russia-A second estimate
upon 1905 wheat and rye crops OF q governments
of Russia was issued by the central statistical
committee Nov. 90 Official figures def
nitely confirm the vague report current for
month past as to the deplorable state of crops
over large areas OF the empire. The 1905 yield
OF wheat is given at about 537 200, 900 bu. The
crop altho 20,0OO,000 bu larger than was Off
icially estimated in September, Is stfll almost
100, 100000 bu less than the crop of 1905, and
about s, 600, 900 bu under the annual average for
i've years 1900 1904. The most regrettable de-
fciepcy, however, IS In the principal bread grain
OF the Russian people, the outturn of rye being
reduced, to 663, 900 blu. or about 10000, 600
bu less than estimate made In September Ii,
liverpool wheat was quiet at the opening
with values sd higher. There was some sup
bles yesterday, and reports Of continued wet
weather in Argentine. Towards noon. however
there was slight reaction with small holders
lQuidating: - 800 50 = szss5l1 7s,:EG
Corn was steady with values slightly higher
There was firm undertone as a result of the
strength in America and continued poor Amcri-
can grading. .:>r1' ~, -.
Weather forecast: Illinois and Indiana lower
and upper Michigan. fair tonight and Thursday;
warmer. Missouri, fair and warmer tonight
Thursday, possibly rain and warmer. Wisconsin,
fair tonight and probably Thursday; warmer to-
night. Minnesota, fair and warmer tonight;
Thursday possibly showers in south X portion.
Iowa, increasing cloudtness and warmer tonight:
Thursday possibly rain. North Dakota, fair
and warmer tonight; Thursday fair except possi-
bly, snow in west. South Dakota and Nebraska.
fair and warmer tonight; Thursday fair except
rain In east. Kansas, fair and warmer. ~
y Weather map; Canadian northwest, tempera-
lures 4 to % above;- generally clear
Northwest temperatures IA to 40 generally
clear. West, temperatures 16 to, 49,; generally
clear. Southwest, temperatures 20 to az: clear;
Ohiolvalley, Temperatures - to 80; clear. =. =
. Little or nothing doing during the last hour
OF trading, May holding between 79Bc and
SOC, always enough demand at the former fig
ure to absorb all offerings. 81 " .5tSi"T& -,
Clearances Of wheat and -four. ATS 600 bu:
primary receipts, 100000 against $4,000
year ago. shipments, 273.ooO against 265, 900.