St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-26
MINNEAPOLIS MARKETS.
Chamber ofCommerce.

Wheat was dull in the line of futures
this morning, with barely bid within
reach of an offer to sell. The market
was in general way pretty well evened
up, and the longs held on with tena-
cious grip hoping for something to turn
up that would excite buying at the adj
vance, while those having wheat sold
for future delivery had it sold against
their country holdings, and were not
floating business had settled down
into quiet channels from which no
amount of gossip was able to call it.
Trading in May wheat is getting to be "a
lost art, and the chief interest the pub
lie has i'll it is sort of dime museum
curiosity. 1t is still chalked on the
boards and quotations go up or down,as
the case may be, without business.
Further efforts to draw the country into
the whirl of that manipulated affair will
hardly meet with success. There is
talk of manipulated July deal also,
but if the crop prospects continue good
few expect any more than talk to come
out of it. With all the sc a day changes
in May wheat, flour buyers have as yet
little more than Quickened the pace,
without increasing bids.
May wheat opened nominal at S1.024
and dropped steadily to $1.01 with light
trading. There was no one that APP
peared to have any line, either to put
out or to take in. A few small orders
we're filed, and floor traders bought and
sold little, the same dealers being On
either side of the market at different
times in the day. Large arrivals and
small decrease in local stocks were
among the depressing influences which,
was aided by considerable weakness in
Vn,.1y ,rrh cix hC
ported there for export. Later there
was much weakness, and May soon
dropped to $3.50 soon after the noon
hour with some fluctuations later. \
Receipts for the two days were 27S
cars, and the sample tables were pretty
well filled with milling wheat, good
share of which was carried away unsold
at the close. The early tendency to de-
cline in speculative markets had the eff
feet of checking what little demand
there was at the start, and sellers found
it an extremely unsatisfactory day to
get rid of wheat. Prices ranged about
a cent lower for grade wheat, with a
greater loss in low grades. The con-
tinued weakness in May wheat kept
prices of all kinds dragging and early
sales of samples were the highest. Ship
mentS were so cars and Duluth re-
ceived 6. Local elevator stocks de-
creased $4,000 bu for the week and
Duluth increased 5000. The visible
wheat supply decreased $4,000
Car lot by samples: Gears No. 1 north
ern. S1.10; IL cars No. northern, S1.05;
cars No. northern, 95c; 2 cars No. 2
northern. S1.O3; 2 cars No. 9 northern.
96c; cars No. 2 northern, CSC; cars
No. northern, sl.03; 2 cars No. 8, 9Oc:
cars No. 3, SIC; cars No. 8. Sc; 2
cars No. 8, CSC; 2 cars rejected, f. o. b.,
90c; cars rejected. soc; cars rejected,
77c; cars rejected. 76c; car rejected,
soc; cars rejected, re; car rejected,
f, O. b., 79c; 2 cars no grade. 45c; cars
no grade, f. o. b., 55c; 2 cars sample,
6Oc: 2 cars oats, 2319c; 2 cars corn,
size: 2 cars oats, zoe.
FLOUR AND COARSE GRAINS.
Market Record: FlOur-The follow
ing mills were running to-day: Pills
bury A and B, Phoenix. Anchor. WASH
burn B, Columbia and Petit. The add