The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-08-07
Wheat stout and chesty today.

Minneapolis Chamber Of Commerce, Aug. T.
The rain over the west last night had double
back-action effect, for while It was very pene-
fetal to the corn crop, it made the wheat move
ment less of a menace, for it suggested delay
10 harvesting and something Of a let-up In the
run of winter wheat into Chicago 1t also Les
sened the chance Of big early run OF spring
wheat into Minneapolis in just VIVA tsver degree
it interfered with cutting OF the advanced
fields. Some elevator men thought 1t unimpor-
tant; others said it might mean some slight
temporary delay, but was nothing serious. Inc
forecast however, was for showers tonight ana
Wednesday and general unsettled and shoWery
weather, and this made 1t more Important
A good many shorts in September wheat Gov
cred their sales and the market was strong and
inclined to advance, altho there much new
selling On the rise. The fact that the foreign
markets were out Of line had no effect Liver
pool had been closed for long holiday since
Friday last and sd lower at tho opening
this morning, closing sd lower Other foreign
and domestic news was beartsh, but the mere
suggestion Of anything 30 interfere With the
early movement OF spring wheat to market or
to lessen the quantity Of winter wheat moving,
was enough to harden the market in the face
Of the foreign decline
Chicago got big run Of wheat, e4s cars
against 457, bat other points showed only mod
crate runs Kansas Ctty's comparison waa
l62, 900 bu and l3 eco, and St Louis got La, 900
against $4,000. Minneapolis received 123 cars
against lbs, Duluth 81 against - and Wtnn1-
peg 80 against 10.
Minneapolis elevator stocks decreased Sc, GOO
bn for three days
The worlds visible according 70 Bradst1eet's,
Increased 900 bu- East Of the Rockies there
was an increase OF l,57S, coo bu, offset In part
By a decrease afoat Of 800, 900 bu.
King Of Toledo wired the Kentucky August
report. 1t gives the wheat yield as 95 per
cent Of full average. A year ago it was &c.
when the crop was 100000 b. Corn pros
pecct, 100; last month, 90; year ago, 81, when
crop was 81, OOO, 900 bu- Oats crop, three
fourths Of average.
: Northwest weather at IL an: Redfeld
raining sn night and still raining, 90, harvest
Ing stopped; Fargo, cloudy, cool; Huron, s. D.,
cloudy, southeast wind, 6Oj Mason City, cloudy
rained last night, hot, raining nowi Waterloo
same; Winona, cloudy, 50; Mondovi, Alma, same;
Red Wing, cloudy, warm; La Crosse, cloudy,
rained last night; Hoople, Edinburg, Milton,
Park River, Langdon and Drayton, clear, warm.
Primary receipts, $50, 0o0 bu against SIC, OO0>
C1earances, 1T 900 bu.
Mclean Bros. of Winnipeg wired Cummings:
'.HaVe received letters and samples from differ,
ent parts Of Manitoba All estimate crop not
more than 10 to Is bu- Samples all show effects
Of rust, both stem and heads. Our honest opin-
lion bushels Weather now extremely hot and
will still reduce the total" }5E ~
The weather map showed 1t generally cleal
In Canada, North Dakota cloudy, heavy rains IL
South Dakota, partly cloudy In Minnesota with
braska, Kansas, Missouri. Oklahoma. Illinois and
Iowa, very heavy rains in Indiana; temperature,
slightly. lower.
The forecast reads: Illinois and Indiana
showers tonight and Wednesday, warmer Wed
nesday; Missouri, showers tonight, Wednesday
warm and fair; Wisconsin, showers tonight
Wednesday showers followed by fair and warm
er; Minnesota showers tonight and Wednesday
Iowa, thunderstorms tonight and in east portion
North Dakota, showers tonight except fair il
northwest; South Dakota, showers tonight
warmer in west Wednesday; Nebraska and Kan
sas, showers this afternoon or tonight In cas-
portions, fair In west, Wednesday fair, warmer
3 In east portion.
Liverpool cabled: wheat easy and lowe
at the opening. The fact that prominent Lon
don house was pressing offers to sell cause,
moderate liquidation. There was less Favorable
reports from Russia regarding weather AM
crops. These were ignored and further nquida
ton resulted. Corn easy at opening, unchanged
Undertone developed firmness on frmer Argen
tine offerings. India is not Offering wheat an
prices are held high. Russian offerings are YER
scarce, while the Danube is offering moderately.