St. Paul daily globe., 1889-02-11
MINNEAPOLIS.
Chamber of Commerce.


There was a growing feeling in the
theory that wheat has more real merit
in the Northwest than it has been cred
tied with. The claim made some time
since. that New York wheat that is rel
atively selling so much under the West
is poor wheat, is gaining more believ-
ers, and samples said to he of New York
No. 2 red, have been for few days on
exhibition. If these are true samples
the story is not without some cause.
The exhibits, the bears claim, are not
true samples, but are shown simply to
manufacture bull opinions. Any way
there was more confidence in fut-
ures at the prevailing prices.
The Northwest country movement
was very small and terminal receipts
declining at rate that creates some
fresh uneasiness among buyers of cur
rentarriyals.
The market opened at about S1.0S3s
and advanced to s1.0S5S, then declined
to $l.0S with fair business ON the fluctu-
ations. The buying demand was again
more brisk with an advance to Sl.0S1a,
followed by a drop at 10 o'clock to
$1.OS1s. There was some buying for
outside, and the feeling was better
among -four men, imparting a better
tone. The trading in futures was scat
tered, and considerable said to be on
orders from different quarters. No
large lots came out and there was no
concentrated buying, but stuff seemed
to be taken on what the trade appeared
to regard as real merit. Following are
the closing quotations. Grades-No. ]
hard, February, S1.16, March, SLIT;
May, $1.22; on track, SLIT; No. north
ern-February, 81 .05; March. $1.06; May,
$1.0S; on track, S1.07@1.09: No. . north
ern-February, Csc; March 96c; May,
9S19c; on track, 97@99c.
Sample tables made good showing
as to the amount of wheat offered and
the quality of SAMPLES shown was an
Improvement again over the previous
day. There was lack of that enthusi-
astic demand. however, and while buy
ers picked up little wheat from the
start all through the session the aggre-
gate of sales was below that of Friday.
Purchases were mostly for local milling
account, not many orders from outside
points. Receipts were 70 cars and 27
were shipped out. Duluth reported l
car Oh track. Cars on track here are
225. Car lot sales by sample: ears
delivered, $1.09; 5 cars No. northern,
S1.0S; cars No. northern, BIB; cars
No. northern, 81. 10; 2 cars No. /
northern. Sill; cars No. northern,
choice, SLIP; 2 cars No. 2 north
ern, S1.01; 5 cars No. 2 northern, CSC:
IA cars No. Q northern, 81; car No. 2
northern, orc; cars No. 2northern, 96c;
2 cars No. 2 northern, f. o. b.. 97c; 2 cars
No. 2 northern, 99c; 2 cars No. 2 north
ern. f. o. b., 97c; cars No. 2 northern,
f. o. b., CSC; cars No. northern. 97c;
2 cars No. 2 northern, choice, $1.07; 2
cars No. northern, Sl.O1; 2 cars No. 9
northern, 99c; 2 cars No. 3, 95c; cars
No. 8, S9c; 2 cars No. 3, SIC; 2 cars No.
8, 85c; l car No. 3, 94c.
FLOUR AND COARSE GRAINS.
Flour-The following mills were rum
ming to-day: Plllsbury A and B,
Phoenix, Anchor, Washburn B and Z,
Galaxy. Petit Cataract and st. Anthony.
mills grinding amounts to $4,000 bbls,
but the output for to-day will probably
not exceed $1,000. The late strength in
wheat had some effect in encouraging
trade in flour. There were more buyers
willing to take flour without asking any
concessions. AS compared with other
recent days, there has been good busi
ness for the last two days. Inquiries
from abroad have not been urgent, but
the tone of correspondence has been
less discouraging. Wheat is going out
more freely for outside milling, to points
in Minnesota. Iowa, Illinois, Pennsyl-
vania and some other states. These
shipments. with larger calls for flour
from interior points, encouraged larger
production. Patents, sacks to local deal
ers. s6. 10062O; patents to ship, sacks,
car lots, $5.90@6; i'll barrels, S05(06. Is;
delivered at New England points, $3.50
@6.95;, New York points, $6.7O@6.S5;
more, S6.65(06.S0; bakers here. S4.10@
$40: superfine. s250@4.10; red dog.
sacks, S1.45@1.60; red dog, barrels,Sl
@1.s5.
Bran and ShOrts-The market was Z
quiet and easy at about 50 for bran, with
shorts at S.75@ for common lots.
Corn-Weak with small demand. A
few sales Of car lots were made at 27(0
2Sc for feed corn on track. No. 2 nOmi-
nal.
Oats-There were too many offered
on track for the demand. Holders asked
about the same price, but they did not
sell well, and in some cases prices were
shaded. The range was 2292Sc, with
most sales at 24@25.
Barley-There was no good barley
here. Stained and frosted held at 300
45c by samples.
Hay-Wild s3.5o@5.5o. Timothy $3.50
@S.25.
Feed-s1 .50@12.5O.
Flax-Qnoted at sI.5S. Chicago,
s1.59.
FLOUR SHIPMENTS.
Milwaukee road, $500 bbls; Omaha.
1,034 bbls; Minneapolis & st. Louis,
741 bbls; Wisconsin Central, $50 bbls:
st. Paul & Duluth, 1,5OO bbls; st. Paul
& Kansas City, 1850 bbls; Chicago.
Burlington q Northern, 1,025 bbls; 500
Line, 2,202 bblS.
CAR LOT RECEIPTS.
Following are the. Minneapolis wheat
receipts by roads: Milwaukee road,
Is cars; Omaha, 8 cars; Minneapolis &
st. Louis, car; Manitoba, AZ cars;
Northern Pacific, 10 cars: 500 Line. 8
cars.
Other Grains-No. corn, car: no
grade corn, IA cars; No. 8 oats, 5 cars;
No. barley, car; No. l fax, car; re-
jected flax, ear.
Inspected Out-Wheat-No. hard.