The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1909-07-30

and as a result, the wall for more cars
is arisin~ from some of the smaller
stations in the big wheat belt.
Wheat at a dollar seven on the Kan
sas City market means 80 cents to the
farmer who delivers it at the nearest
railroad, and that is the prevailing
price in the southwest. Some get So
but the market at the fields does not
always follow the one or two cent
fluctuations of the central markets.
During the last few days, export pur-
chases have done much to hold the
market level With exports moving
free. good weather and no car trouble,
there is little chance that the market
will shift to any great extent in either
direction for some time.
Except for a difference of about ~
cents in price paid for wheat, milling
conditions in Topeka differ but slightly
from those of the same time last year.
Buying is steady and offerings free,
but there is no wild scramble, by any
means Today. best red Turkey wheat
was selling at S110. and sales ranged
from the $40 mark down to a dollar
for good grades bIillers intimate that
while the trade outlook is good, it is
not up to the conditions which have
heretofore prevailed at this time Of
year. On account of unsettled mark It
conditions. They throw out the hint
that the millers are a little slow in
their purchases because the market Is
liable to go down little On second
thought, they are reasonably sure that
the drop if any, will be very, very
slight. Talk of a lower market has
rabbity effect on sellers. and that may
be the reason for it. All the mills arc
running full time. and most of them
have been for the past ten days. The
arrivals are steady. but there is little
symtOm of congestion
The acreage of wheat in Shawnee
county is larger than usual, but on ac-
count of weather conditions while the
crop was maturing, the grade is not so
high and large part Of the crop is
little first class red Turkey wheat is be-
ing delivered by wagon to the local
mills The Shawnee county wheat Is
nearly all graded as yellow berry" Il
good grade. but soft. Red Turkey il
worth to cents more per busheI than
the yellow berry" grade.
During the past week. prices have
eased down from to cents, ami
farmers who demanded $1.05 a week
ago. are selling for dollar fat today.
grades. and only a small per cent Of
the purchases bring more. Around
dollar. depending on grade is the an
swer from all milling companies in re-
gard to local wheat, and they are all
purchasing western and southwestern
on the basis of the Kansas
City market, which averages $1.05. One
miller, with facilities of two railroad
says the drop in prices from last
weeks quotations is due to the haste
of farmers who load direct from the
threshing fields intending TO beat their
local elevator prices by diAect ship
ment. and that the country elevators
are not in such a hurry.
1t is the general belief among those
interested as purchasers, that although
the market is unsteady. it will not
wobble materially in either direction.
and that while they can buy whea.
from a dollar to one-five for several
weeks there are no conditions which
can make much change. Thew are OF
the opinion that there is lots of wheat,
and lots of time to buy it.