St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-01-29
MINNEAPOLIS.
Chamber of Commerce.

The local situation was local one, and
was handled too much as a tail to some other
kite to be entirely satisfactory. The notion
of being wholly dependent upon what may
be done at Lake Michigan points for rise or
fall here carried with it too much of the
bucket shop feature to be attractive to our
people having ideas Of their own. Buyers
could get accommodated at 692c above Chi
words, they could buy or sell on Chicago
quotations, paying the " of ssc either way
for the privilege. That's just what the
bucket shops did. They grew in favor, and
this may stop but the dealers commissioners
spreading, which may cause total suspen-
sion of business. A monopoly OF bucket
shopping. as in trusts. leads to the expecta-
ton of TOO big margins, and in this case may
end in a sort Of dog in the manger result.
The market hs was quiet during the the
range Of quotations was within narrow
limits. The opening was nominal at frac-
ton below $l.O6. with no trading until
S1.O6sS was reached. Later some sales
were made at $1.06A. Most of the day
prices were nominally below the figures
quoted. Cash wheat being little better in
demand helped to make a stronger feeling
with respect to future, though operations
were small. The market broke off sharply at
the close. May declining about cent 5000
May. l.O6A; 10000 bu May, No. 2 north
ern, t. O. b. CSC; 10000 bu May, No north
ern, 96c; 5000 blu May, $1.057s; 5000
BIT May. .O47s. Following are the closing
quotations: No: l hard, January, SLID;
sl.16; No. 1 northern, January, SLOPE;
February, SLOPE; May, S1.O4s; on track,
$1.O4; No. 2 northern, January, 92l2c;
February, 92l2c; May, csc; on track, 95lsc:
There was some improvement noted in the
demand for sample wheat. and sellers of fair
No. 2 fit for milling were nearly all success
full in finding purchasers. The buying was
mostly for outside account, though little
grain was picked uptocal millers. The best
grades were steadily held, but did not adj
vance in proportion to the market for fut-
ures, and on the whole the wants of all buy
ers were pretty well supplied by the offerings
on the tables. Receipts for the two days
amour ted to 40 cars, with 81 shipped out.
Duluth reported al on track. Wheat in local
elevators decreased 1875, 532 but for the week,
and Duluth increased 64.569 blu. The gen.
erai visible supply decreased 1,OOO, 400 bu
for the week. Car lot sale by sample: car
No. l northern. f. o. b., Si.07; 2 cars No.
S1.U3; cars No: l northern 81 OF. 5 cars
No. northern. $1.06; 5 cars No. north
ern, ST. 4; cars No. northern, 81 .05;
3 cars No. 2 northern, 97c; cars No.
northern, 9Sc: 2 cars No. 2 northern, $l.03;
2 cars No. 2 northern, 81; 2 cars No. 2 north
S1.02; 1 car No. 2 northern, f. o. b., $l.03;
3 cars No. northern, f. o. b., 99c; 2 cars
No. 2 northern, f. o. b., ST.; cars No.
northern, Csc; cars No. 3. 95c; Car Nos,
0. W. b., 95c; 2 cars No. B. 85c; 2 cars No. 3.
SOC; cars No. 3, 9Jc; 2 cars No. 8, 94c; 2
cars No. 3, 93c; 3 cars No. 3, Sac; 2 cars No.
3, S1.O5. -
FLOUR AND COARSE GRAINS.
Flour-The late movement of flour and
the production have moved nearly the same.
ON here. Usually that begins about this time
in the year. Stocks have been increased
some $4,000 bbls in the month. and are
rather above COCO bbls now. Prices were
very well maintained for the last two days.
sustained by rising wheat markets Of the lat
ter days of the past week. The flour demand
comes yet from interior points, mostly. EX-
port business is of small extent just now
Patents, sacks to local dealers. Sc. 1906. 20;
in barrels, $6G5@6. Is; delivered at New
England points, $6.sO06.95; New York
points, So. 7O@6.So delivered at Philadel-
phia and Baltimore, $6.65@6.sO; bakers
here, ST. 1O@5: 10; supertine,, $4,000. 10;
red dog. sacks, Sl.459l.6O; red dog. barrels,
$1.7O@1.s5.
Bran and shorts-Bran was quoted at about
SO 2o@9.75. Some sales were reported at
$9.25@9.5O, and some millers asked 1878;
shorts S9@9.5O for common.
Corn-Common ungraded feed corn slow at
29030c, with graded No. and No. 2 yellow
nominal at 31@33c.
Oats-Quiet at 22029c for the run Of sam
pies, with the bulk of offerings at 25@26c.
Barley-Rather low qualities were held at
35QI5c by sample; better at 4o@52c, with
hardly any very choice in the market.
Hay-Wlld, S4.50@6.25; timothy, $500
S.25.
Fla1-Quoted at 81. sd; Chicago, SLIGO.
Feed-S1 .5O@l25O.
RECEIPTS AND SHIPMENTS
Receipts-W heat So, 200 bu; corn, 200
blu; oats, 3, 600 bu: barley, 3.6UO blu; milistuff,
~ tons; hay, l25 tons; fruit, 44,OOO lbs;
merchandise, liza, 230 lbs; lumber, Is cars;
barrel stock. 8 cars; coal, 942 tons; wood,
2l0 cords; pig iron, So tons; ties, cars; live
stock, cars; lime, l car; dried meats, 40, 600
lbs; railroad material, car; sundries, Is
cars; machinery. 167, 24O lbs. Total, All
cars.
Shipments-Wheat, 2O.62O bu; corn, 600
bu; barley, $500 bu; flour, 11,7S5 bbls;
millstuffs. AT tons; merchandise, 942,970
lbs; lumber, 33 cars: machinery, 25,UO0 lbs;
COAL Is tons; oil cake, 4u,0uO lbs railroad
material, l car; sundr1es, d cars; hides,
300 lbs. Total 1928 cars.
FLOUR SHIPMENTS.
Milwaukee road, 2,73O bbls; Omaha, ! 1856
bblS; Minneapolis d st. Louis, S72 bbls;
Manitoba, 25 bbls; st. Paul & Duluth, 2U0
bbls; st. Paul & Kansas City. 1.lO4 bbls;
Chicago, Burlington g. Northern, ], 900 bbls;
500 line, 2,769 bbls.
CAR LOT RECEIPTS
Following are the Minneapolis wheat re-
ceipts by roads: Milwaukee road. 6 cars;
Omaha cars; Minneapolis & St. Louis 6
car; Manitoba, " cars; Northern Pacific, So
car; 500 line 20 cars.
STATE GRAIN INSPECTION.
Following is the state inspection of grain
in Minneapolis for the past twenty four
hours:
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