St. Paul daily globe., 1889-02-09
MINNEAPOLIS.
Chamber of Commerce.

MINNEAPOLIS.
Chamber Of Commerce.
Shorts were uneasy and ready to buy
at the start. The opening was at about
lie above Thursdays closing, and with
active buying for both long and short
account. the market went up rapidly &c
more, where it was sustained for time
with small fluctuations. The causes Of
the rise were the late active demand for
cash wheat here to go to outside mills,
and the increased strength shown at
other points. The parties that have
lately sustained prices have relatively,
above all others, been in a cheerful
the market, apparently willing
to. accommodate any one, that either
wanted to buy or sell May
wheat. Linn was selling heavily on the
boom, and a reaction was pretty gener-
ally predicted on a bulge OF about &c in
two days. There was too much excite
ment to allow the market to be held
down at Sl.O4 and about that and with
the crowd again buying prices went
quickly to- Sl.05. If the market should
go up as December did, the big longs
might unload and the May option
fiatten out in the end as that option did.
May futures were in good demand at
S1.0TL at the start. and with active
trading advanced to s1.o9H early i'll the
session. That was near the top, with
small fluctuations above and below
that figure, then declined with small re-
actions to s1.OS11s, from which prices
rallied again to s1.0S2s with moderate
business. There was considerable eX-
element at times, while more or less OF
,h<,r
lowing are the closing quotations
Grades-No. hard. February, s1.16,
March, Sill; May, Sl.22; on track, SLIT;
No. Northern-February, 81 .O6; March.
s1.O6: May, Sl.Os15; Oh track, s1.0S(0 100:
No.2 NOrthern-February, 95c; March,
96c; May, 99c; on track, 95(099c.
The sample market could not help
being affected by the boom in specu-
Iative markets, and sellers were prompt
in putting up prices of all wheat fit to
grind. Buyers held off yesterday owing
to the high prices. but some OF them
were forced into taking some wheat to-
day at the advance. Receipts were III
cars, and the average quality was
fair. The advance asked was from 2 to
exc over yesterday, but sellers were
not in all cases able to obtain that.
Sales up to IL O'clock were light. and
considerable wheat was carried away
unsold at the close. Shipments were 45
cars. Duluth reported 9 cars on track.
Car-lot sales by sample: 2 cars No.
northern, $l.0S; 6 cars No. northern,
ST. 10: 2 cars No. northern, t. O.b., S1.10;
cars No northern, S1.09; 6 cars No.
northern, S1.l0; 2 cars No. l northern,
S1.1015, Q cars No. 2 northern, t. Q. b.,
97c; ears No. 2 northern, 92c; 2 cars
No. northern, SIC; 2 cars No. 2 north
ern, S1.0S; l car No. 2 northern, choice,
Sl.O9; 9 cars No. 3 northern, Csc; l car
No. northern, 90c; 2 cars No. 2 north
ern, 81; 2 cars No. 2 northern, Csc; 2
cars No. 2 northern, s1.01; cars No. 2
northern, 99c; Z cars No. 3, 90c: 2 cars
No. 3, 81. .OS: 9 cars No. 8, 90c: 2 cars No.
8, 92c; car No. 3, 9419c.
FLOUR AND COARSE GRAINS.
Flour-The following mills were
running yesterday: Pillsbury A and B,
Phoenix, Anchor, Washburn 3 and c,
Galaxy, Petit, Crown Roller, Cataract
and St. Anthony. The added daily
capacity of the eleven mills grinding
amounts to 20,500 bbls, but the output
for to-day will probably not exceed
17,OG0 bblS. As result of the higher
figures yesterday for wheat there was
rather better inqiry for flour to-day
from various interior places. where
stocks have been low for several weeks.
1t is said that in many localities the
local mills are finding great trouble to
keep their mills supplied with wheat.
They are compelled to ship in by rail
from greater distances, and the conse
quent cost of -four is higher, and some
even are Unable to run, which is calling
out more flour from the greater flour
centers. The feeling was stiff in this
market. Patents. sacks to local deal
ers. Sc. 100000; patents to ship, sacks,
car lots, $4,000; in barrels, S6.05t06.1 Is;
delivered at New England points, $3.50
-606.95: New York points, $6.70t06.S5;
delivered at Philadelphia and Balti-
more, $6.65(06.S0; bakers here, S4,10@
$40; superfine, S2.59@4.10; red dog.
sacks. 81 I.45@I50; red dog, barrels, ,S1.70
@1.s5.
quiet and easy at about 50 for bran, with
shorts at sS.75@9 for common lots.
COrn-Weak with small demand. A
CSC 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 ia some cases prices were
shaded. The range was 22(G2Sc, with
most sales at 24(@25c.
r Barley-There was no good barley
here. Stained and frosted held at 300
45c by samples.
Flax-Quoted at s1.54; Chicago, si.60.
Hay-Wild, s3.5o@5.50; Timothy,
S7.50(0S.25.
Feed-Sl1.50(@12.
FLOUR SHIPMENTS.
Milwaukee road, 2,s60 bbls; Omaha.
GAL bbls: Minneapolis & st. Louis, $50
bbls; Wisconsin Central, 625 bbs:
Manitoba. 500 bbls: st. Paul & Duluth,
1,25U bbls: st. Paul & Kansas City, SS4
bbls; Chicago, Burlington q Northern.
1875 bbls: Minneapolis IL Pacific, $500
bblS; 500 Line, 2,1OS bblS.
CAR LOT RECEIPTS.
Following are the Minneapolis wheat
receipts by roads: Milwaukee road.
% cars; Omaha, cars; Minneapolis Il
st. Louis, IA cars; Manitoba, A cars;
Northern Pacific, 2S cars: 500 Line,
cars.
STATE GRAIN INSPECTION.
Following is the state inspection of
grain in Minneapolis for the past twen-
ty-four hours: