The Minneapolis journal., 1906-08-09
Wheat Gets Another Fall.

Minneapolis Chamber Of Commerce. Aug. o.
fair weather In the prediction was an offset to
the recent bad weather, and wheat did not ad-
vance in price today, as many who watched the
rain last night thought it would On the con-
trary, it went down. Should clear weather
come and remain awhile it is probable the eff
feet Of the recent rains will soon wear OF. The
trade has been IN fear OF wet harvest re-
turn to clear warm weather would dispel 1t. The
;prospect at this writing Is for turn for the
better. There is little doubt that damage has
Sbeen done in places and that localities promising
f;big yields week or ten days ago will show
s.declines yet 1t is doubtful If these, collectively,
will be materially important relative to the
whole. Samples sent in by N. s. Stevens of
Graceville, MINI, exhibition at the
chamber today, and they were poor. Mr.. Stew
says much of Big Stone and Traverse coun-
ties have the same discolored and unproInising
heads as those taken from the Hickey farm,
which were submitted Grain firms having lines
thru districts where recent storms did damage
and where the later rains have made the pros
gpect even less promising, take a less favorable
view OF the general situation, while other firms,
,'secsiTing reports from counties that have held
the high PROMISE thruout are as optimistic
! ever. Letters still coming In giving re-
ports Of the damage from the storm that passed
over central and southern Minnesota a week
ago. and other mail and telegraphic reports
harvest
Madison, Minn, writes under date of Aug. 7
to Poehler: Raining here and looks like more.
Tho farmers are trying to harvest but it is hard
work. The grain is lodged SO badly that they
have to cut much Of 1T one way and the work
is slow. Some fields being moved. Barley
and oats are nearly all in shock LIE Mars, Iowa,
says I'VE having much rain every day
that believe all the grain will be more or
less blishted Farmers cannot do any stacking
or cutting Monango, n. D., writes ''Too wet;
slow harvest. Our traveller in North Dakota says
crops from Davenport to Casselton very uneven.
Where ground is high they looking we'll.
From Casselton to Mayville, very uneven. Same
all thru the valley. Look for only fair CROP
R. c. Bagley wired Whallon that from Mil
bank 70 Aberdeen crops never were better. but
from Groton to Aberdeen harvesting viii be de-
layed and farmers estimate losses Of Is per cent
from the former promise, due to rains
The Fargo Forum has the following: "North
Dakota is the banner wheat state of the union, y
was the statement made by H. V. Jones, the
wheat expert, who arrived in Fargo from the
southern part of the state.
1.-THE state will raise more wheat this year
than it ever did BEFORE" continued Mr.. Jones.
''This statement might not be true If confined
to blue steam and fife wheats, but the dururn
wheat is an immense crop and will make the
average large.
=. "My Investigations so far over the state lead
] me to believe that estimate of rs per cent of
the acreage OF the state In durum wheat 1s
conservative, and 1t may 60 30 per cent.
This year is the supreme test for durum. II
the market IS found at fairly satisfactory
prices the entire state will be seeded to durun
next season. I am not yet convinced Of the
future OF the grain because I am not sure the
market has been established. The wheat is
growing in popularity In other states than North
Dakota. and western Kansas Is also taking 1t up
| q t'I find that harves is well under way in the
southern part Of the state and in southern Rich
f;land at least 25 per cent Of the wheat is now
in shock.
Barring unusual calamity during the
month OF August, North Dakota will have
heavy yield Of high grade wheat"
- Eleva tor stocks have decreased 900, 900 bu fol
five days. Minneapolis received 1o2 cars today
against 159 Duluth % against 81 and Chicago
371 against 27a. Other comparisons were 1s7, ,oot
bu and $4,000 for Kansas City, and $4,000 ant
$1,000 for st. Louis. Primary receipts were
IL 1850, 600 bu against $4,000, clearances wheat
!. and flour, 237 900 bu.
{ Ptper's Winnipeg office sent down a summary
L4of conditions in the Canadian west, making the
foutlook reassuring. Notwithstanding disappoint
ment may be found in some few localities
other localities turning out even better thar
expected.
The Price Current says: Heavy winte
wheat movement subsiding. Spring wheat gives
good promise, but rain damage apprehended
Corn outlook good Oats somewhat better thar
J. W. McClatchie returned from a trip ove
the 500 line to Minot, on the Great Northern
to Larimore and west to Jamestown. On tn
good wheat, but nothing so over abundant a
reported. More or, less damage by red rus
appears and on light soil wheat Is badly blight
ed. Durum Is fine and coarse grains very prom
ising, but spring wheat Is only average crop
and not 50 great promise as earlier optimist1
reports would indicate. There is fair aver
age crop, thac IS au. Much interest attache
to the government report to tomorrow
which, almost Of certainty will be beartsh o.
winter wheat. F. P. Frazier wired @. p. Levi
that IN his opinion, the government Will rails
it's estimate On winter wheat 4OoOO0O0 t
10000 900 bu- This may be an extreme view
but some betterment in winter wheat Is th
general expectation.
OF the -four situation the Northwestern Mile
says, t'The -four trade for the week was
shade better While some Minneapolis min
were 10th to concede real improvement the viey
was taken IN other quarters that the situatio
had better general appearance. 1t was eve
contended that the bop Of the hill had bee
reached and that the going would hereafter b
easier. Interposed to this was the theory tina
the slight increase In sales lately experience
simply meant that more buyers had absolutel
run out Of -four and were compelled to buy
little. Regardless of which opinion Is correct
one point Is conceded: Stocks Of -four in al
positions are abnormalry low, and were buyer
to begin to take -four at all freely, the d.
mand would develop rapidly. Starting whea
prices on a fair basis some men in the trad
see conditions which presage a very fayorab]
condition on the new crop. Little export bus
ness was DONE. All Of sudden foreign ma,
kets seemed to get weak, and they have dis
! tanoed American markets In matter Of price d,
cline" -... .".T - :
CHICAGO SEEDS AND COARSE GRAIN, Au,
e..Rys; cash, Sc; December, 5sc. Barle:
nothing doing. Flax. October, s1.M Glove
~. 0ctrhar 15 Sar+ar,ho, X,