St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-05
MINNEAPOLIS MARKETS.
Chamber of Commerce.

Chamber of Commerce.
Wheat was weaker this morning, and
declined later. There had been feel
ing for several days that this week
would witness a transformation scene
in the May deal in Chicago. as the May
deal there was going from the Fairbank
crowd to the Jew contingent headed by
Bloom. 1t was believed to-day that the
load had been pretty well shouldered
Off onto the Bloom crowd, and as there
were doubts of its ability to carry it,
| prices of that option fell there rapidly.
New York held up well, as May there
| had been too far under the West to be
affected by the Chicago break. July
had been too far under May In Chicago
| to be affected, except in the way of
quiet sympathy.
Advices from Bombay as late as
| March state that there was good de-
mand for soft white wheat for Shipment
| to Liverpool and Hull. Since Jan. the
receipts of wheat have been l,5S5, 900
bu, or 10000 bu more than for the same
time last year. The Out-turn of hard
wheats of the present crop is said to be
up to an average, and the quality SUI
perior to last seasons, but the out-turn
OF soft wheats is poor, and the exports
the coming season are likely to be con-
slderably less than last year.
First bids for May were at 97c for an
instant only, and then sold at 961S, fall
ing steadily afterward to 95115c about IL
O'Clock. July sold from 9715c down to
96c, after which the market remained
steady, with May selling about 9515c
and July about 96c. fuctuating but little
from these figures until near the close,
when there was sharp break to 94%c
May, Csc July, with more sellers than
al / atp OF
9411lc.
The display OH the sample tables was
not very large again to-day, but as on
the preceding few days it was ample for
the wants of all classes of buyers. Sell
erS claimed that there was even less de-
mand than Oh the day before and that
prices averaged lower on all kinds of
wheat. No. l hard was held at about
previous prices, but the lower grades
were offered at reduced prices without
attracting buyers. A little No. 2 north
ern was being picked up at S5c at first,
but the slump in speculative markets
on the prices. Receipts were 1874 cars
and 50 were shipped out. Duluth re-
ceived q cars. Car lots by samples:
cars No. 1 hard, S1.OS; 9 cars No. l
northern, f. o, b., Csc; Is cars No. l
northern, Csc; cars No. / northern.
99c; 2 cars No. northern, old, 81 .O3: 2
cars No. northern, S1.02; 10 cars No. 2
northern, SIC; 2 cars No. 2 northern. f.
o. b., SSc; 2 cars No, 2 northern, 93c;
No. 2 northern, f. o. b., S515c: cars No.
2 northern, choice, gee; 2 cars No. 2
northern, SS19c; cars No. 2 northern,
S9c; 2 cars No. 8, roc; 2 cars No. 8. see:
2 cars No. 3. f. 0. b., soc; 2 cars No. 3,
s5c; 2 cars No. 3. 7S1ac;2 cars No. 3, O.
w. b., soc; 2 cars rejected, 75c; cars
rejected, Csc; 2 cars rejected, SIC; cars
rejected. f. o. b., 7615c; 2 cars no grade,
f. o. b., 40c; cars no grade, f. o. b., rec;
3 cars no grade, 60c; cars no grade, f.
o. b., Tic; 2 cars no grade, 60c;2 cars
sample soc; 2 cars sample f. o. b., SOC:
cars sample, soc; car sample, 6Oc; l
car hay, S..
FLOUR AND COARSE GRAINS.
Market Record: Flour-The fol-
day: Piilsbury A and B, Phoenix.
Anchor, Washburn b and c, Petit,
Galaxy, Humboldt, Minneapolis and
Northwestern.
The added daily capacity of the eleven
mills grinding amounts to 10000 bbls,
but the output for to-day will probably
not exceed 16.4S0.
The market was steady, but inclining
to weakness, following the decline in
wheat of the last few days. Patents
have gone off nearly 75c Dbl within
few weeks, and yet prices seem to be
too high to move the production freely.
Yesterday New York did not drop for
May wheat with the drop in the West,
which was symptom that values there
may have found solid ground. If so,
the Market Record thinks wheat has to
drop in the Northwest about 25c bu,
or equal to 81 Dbl for flour, before it is
sure of its footing. Bnt the wheat short
age will probably stop the decline be-
fore that point is reached. Still there
is a possibility that all the flour
there is hard spring wheat to
make, may be sold at current prices.
Patents, sacks to local dealers, $3.50
$40; patents to ship. sacks, car lots.
S5.6596; in barrels, S.. $500. Is; delivered
at New England points, S660@6.S5;
New York points, S6.50(06.75: delivered
at Philadelphia and Baltimore, SC. $50
6.70: bakers here, So. 7504.75; superfine,
S2@3.50; red dog, sacks, S1.35(01.5 so; red
dog, barrels, S1.60@1.7O.
Bran and Shorts-The market was
weak and dull with no activity. The
range of sales was governed to some eX-
tent by the amount OF the product each
miller had to dispose of, but was mainly
from S6.50@7 for bran, $6.50(97 for COM
mon shorts.
Corn-This market was inactive ow-
ing to the small demand for local use.
The export inquiry was fair, with fair
ungraded to No. 2 yellow ranging from
S0@32c.
Oats-Nice retail stock sold fairly
at 24(G2Sc, while poorer samples ran
from 2O@25c.
Barley-It was quite difficult to find
sale for any barley, and for the quality
offered, next to impossible at figures
that would net owners satisfactory
price. Holders asked 25@50c, but could
not sell.
FLOUR SHIPMENTS.
Following shows the shipments Of
flour from Minneapolis, Jan. to date.
and same time in 1888: 1889, 1,134, 3S7
bbls; 1888, 1,507. 651 bbls.
CITY PRODUCE MARKET.
Quotations are for lots from store:
Butter-Creamerles. 20@22c; dairies.
10@1Sc; thirds. 1o@i2c; packing stock,