The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-02-09
Prices Withstand Early Pressure
and Even Make a Fair
Advance.
The Snow Predicted for Kansas
Last Night Failed to
Appear.
Local Cash Demand Better
Stocks Will Decrease About
100000 Blu.

& Primary receipts 402 900 bu against 3es. 900;
:clearances wheat and -four, 216,O00 bu: clear
ances for the week, 3.250,O00 bu; corn, $780,
: 600 bu.
Liverpool cabled: Wheat firm with a better
demand. Argentine shipments more moder-
ate than anticipated Corn huctua ting, tendency
upward Consumption has increased on account
of the low COST
King of Toledo says: From best informa-
ton available wheat in Kentucky was looking
remarkably we'll up to-. Jan. 10. Since then
frequent freezes and thaws have spewed it out
of thee ground badly in some localities. Condi-
tion averages about 30. )"
Peoria wired: "Clear, cold weather continues
with brisk north wind. The weather we are
getting this month will help out the condition
Of corn greatly, and what is shelled from
on should be contract corn If it has been in
covered cribs
The Modern Miller says: winter wheat crop
in a large area has been protected from pre-
vaing wintry conditions by covering of snow.
Kansas and Nebraska had little or no snow and
lack of moisture in these states Is complained
of. The southwest reports apprehension of dam
/; age where the plant was unseasonably advanced
in growth. Actual damage cannot be confirmed,
damage can hardly be revealed before the
growing weather is experienced
Cummings travelling representative returned
from the Canadian northwest tour of that
firms western branch offices. He says millers
in Brandon and Portage la Prairie have nc
trouble to sell -four to good advantage, which
Is also the report from Hartney and Souris,
but that wheat is getting scarce in their ylcn-
ity, farmers Inclined to hold over what
they have left for advance.
Minneapolis Chamber of. Commerce, Feb. o.
Wheat was firm this morning, and inclined to
resist the pressure Of early sales. The bulls
had the better of it in the news The snow
predicted for Kansas and Nebraska failed to
come, only light furries appearing. The fore
cast indicated nothing heavy in the way OF
precipitation, and the southwest winter wheat
situation remained, the whole, without i'm
portant change, with possibility of damage re-
ports later. The early range In Minneapolis
was from s3% assoc to s3Ac and Chicago
HAY ranged from s5A @s5asc to s4Tc. The
decrease in local elevator stocks for the week
IS estimated at 300, 900 bushels. Receipts here
were TT cars, compared with 100. Duluth's
comparison~was 80 and 7, Chicago's II and 10.
and Winnipeg's- 146 and 80. Kansas City re.
ceiyed 81, 900 bushels, against 81 900, and st.
Louis 2s, 900 against $1,000. Cash demand was
great help to the bulls, for it was so good
that the No. 1 northern grade sold closer thar
ever to May price, only Nc under, while
No. 2 northern sold at 1a@2c under Wheat
to arrive sold readily at the same prices as fol
spot. ..-. -.. ~ :.
- Argentine shipments, estimated yesterday al
1900, 900 bushels were given officially today al
1885, 900. Argentine also shipped $4,000 bush
els Of corn for the week, and 1,1so,0oo bushels
Of fax. j.
Liverpool closed SD higher, Paris u O. &c low
er,- and Berlin sc up. -. =: